Common use of Other Parties and Other Collateral Clause in Contracts

Other Parties and Other Collateral. No renewal or extension of or any other indulgence with respect to the Obligations or any part thereof, no release of any security, no release of any person (including any maker, endorser, guarantor, or surety) liable on the Obligations, no delay in enforcement of payment, and no delay or admission or lack of diligence or care in exercising any right or power with respect to the Obligations or any security therefor or guaranty thereof or under this Agreement shall in other manner impair or affect the rights of Secured Party under the law, under this Agreement, or under any other agreement pertaining to the other security for the Obligations, before foreclosing upon the Collateral for the purpose of paying the Obligations. Debtor waives any right to the benefit of or to require or control application of any other security or proceeds thereof, and Debtor agrees that Secured Party shall have no duty or obligation to Debtor to apply to the Obligations any such other security or proceeds thereof.

Appears in 3 contracts

Samples: Assignment and Security Agreement (Prime Medical Services Inc /Tx/), Assignment and Security Agreement (American Physicians Service Group Inc), Assignment and Security Agreement (American Physicians Service Group Inc)

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Other Parties and Other Collateral. No renewal or extension of or any other indulgence with respect to the Obligations or any part thereof, no release of any security, no release of any person (including any maker, endorser, guarantor, or surety) liable on the Obligations, no delay in enforcement of payment, and no delay or admission or lack of diligence or care in exercising any right or power with respect to the Obligations or any security therefor or guaranty thereof or under this Agreement shall in other manner impair or affect the rights of Secured Party under the law, under this Agreement, or under any other document or agreement pertaining to the other security for the Obligations, before foreclosing upon the Collateral for the purpose of paying the Obligations. Debtor LASIK waives any right to the benefit of or to require or control application of any other security or proceeds thereof, and Debtor LASIK agrees that Secured Party shall have no duty or obligation to Debtor LASIK to apply to the Obligations any such other security or proceeds thereof.

Appears in 2 contracts

Samples: Assignment and Security Agreement (Prime Medical Services Inc /Tx/), Assignment and Security Agreement (Prime Medical Services Inc /Tx/)

Other Parties and Other Collateral. No renewal or extension of or any other indulgence with respect to the Obligations or any part thereof, no release of any security, no release of any person (including any maker, endorser, guarantor, or surety) liable on the Obligations, no delay in enforcement of payment, and no delay or admission or lack of diligence or care in exercising any right or power with respect to the Obligations or any security therefor or guaranty thereof or under this Agreement shall in other manner impair or affect the rights of Secured Party under the law, under this Agreement, or under any other document or agreement pertaining to the other security for the Obligations, before foreclosing upon the Collateral for the purpose of paying the Obligations. Debtor Moadel waives any right to the benefit of or to require or control application of any other security or proceeds thereof, and Debtor Moadel agrees that Secured Party shall have no duty or obligation to Debtor Moadel to apply to the Obligations any such other security or proceeds thereof.

Appears in 1 contract

Samples: Assignment and Security Agreement (Prime Medical Services Inc /Tx/)

Other Parties and Other Collateral. No renewal or extension extensions of or any other indulgence with respect to the Obligations or any part thereof, no modification of any Transaction Documents, no release of any security, no release of any person (including any maker, endorserindorser, guarantor, guarantor or surety) liable on the Obligations, no delay in enforcement of payment, and no delay or admission omission or lack of diligence or care in exercising any right or power with respect to the Obligations or any security therefor or guaranty thereof or under this Agreement shall in other any manner impair or affect the rights of the Secured Party under the any law, under this Agreementhereunder, or under any other agreement pertaining Transaction Document. The Secured Party shall not be required to file suit or assert a claim for personal judgment against any person for any part of the Obligations or seek to realize upon any other security for the Obligations, before foreclosing or otherwise realizing upon the Collateral for the purpose of paying the ObligationsCollateral. Debtor Pledgor waives any right to the benefit of or that can be waived to require or control application of any other security or proceeds thereof, and Debtor agrees that the Secured Party shall have no duty or obligation to Debtor Pledgor to apply to the Obligations any such other security or proceeds thereof.

Appears in 1 contract

Samples: Security Agreement (Syzygy Entertainment LTD)

Other Parties and Other Collateral. No renewal or extension extensions of or any other indulgence with respect to the Obligations or any part thereof, no modification of document(s) evidencing the Obligations, no release of any security, no release of any person (including any maker, endorser, guarantor, guarantor or surety) liable on the Obligations, no delay in enforcement of payment, payment and no delay or admission omission or lack of diligence or care in exercising any right or power with respect to the Obligations or any security therefor or guaranty thereof or under this Agreement shall in other any manner impair or affect the rights of Secured Party under the any law, under this Agreementhereunder, or under any other agreement pertaining to the Collateral, Secured Party need not file suit or assert a claim for personal judgment against any person for any part of the Obligations or seek to realize upon any other security for the Obligations, before foreclosing or otherwise realizing upon the Collateral for the purpose of paying the Obligations. Collateral, Debtor waives waive any right that can be waived to the benefit of or to require or control application of any other security or proceeds thereof, and Debtor agrees that Secured Party shall have no duty or obligation to Debtor to apply to the Obligations any such other security or proceeds thereof.

Appears in 1 contract

Samples: Security Agreement (NutriBand Inc.)

Other Parties and Other Collateral. No renewal or extension of or any other indulgence with respect to the Obligations Obligation or any part thereof, no release of any security, no release of any person (including any maker, endorserindorser, guarantor, guarantor or surety) liable on the ObligationsObligation, no delay in enforcement of payment, and no delay or admission omission or lack of diligence or care in exercising any right or power with respect to the Obligations Obligation or any security therefor or guaranty thereof or under this Agreement shall in other any manner impair or affect the rights of Secured Party under the law, under this Agreementhereunder, or under any other agreement pertaining to the Collateral. Secured Party need not file suit or assert a claim for personal judgment against any person for any part of the Obligation or seek to realize upon any other security for the ObligationsObligation, before foreclosing or otherwise realizing upon the Collateral for the purpose of paying the ObligationsCollateral. Debtor waives any right to the benefit of or to require or control application of any other security or proceeds thereof, and Debtor agrees that Secured Party shall have no duty or obligation to Debtor to apply to the Obligations Obligation any such other security or proceeds thereof.

Appears in 1 contract

Samples: Security Agreement (Axis Technologies Group Inc)

Other Parties and Other Collateral. No renewal or extension of or any other indulgence with respect to the Obligations or any part thereof, no release of any security, no release of any person (including any maker, endorser, guarantor, or surety) liable on the Obligations, no delay in enforcement of payment, and no delay or admission omission or lack of diligence or care in exercising any right or power with respect to the Obligations or any security therefor or guaranty thereof or under this Agreement shall in other any manner impair or affect the rights of Secured Party under the law, under this Agreementhereunder, or under any other agreement pertaining to the Collateral. Secured Party need not file suit or assert a claim for personal judgment against any person for any part of the Obligations or seek to realize upon any other security for the Obligations, before foreclosing or otherwise realizing upon the Collateral for the purpose of paying the ObligationsCollateral. Debtor waives any right to the benefit of or to require or control application of any other security or proceeds thereof, and Debtor agrees that Secured Party shall have no duty or obligation to Debtor to apply to the Obligations Obligation any such other security or proceeds thereof.

Appears in 1 contract

Samples: Security Agreement (Apollo Resources International Inc)

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Other Parties and Other Collateral. No renewal or extension of or any other indulgence with respect to the Obligations or any part thereof, no release of any security, no release of any other person (including any maker, endorserindorser, guarantor, guarantor or surety) liable on any of the Obligations, no delay in enforcement of payment, and no delay or admission omission or lack of diligence or care in exercising any right or power with respect to the Obligations or any security therefor or guaranty thereof or under this Agreement shall in other any manner impair or affect the rights of Secured Party under the law, under this Agreementhereunder, or under any other agreement pertaining to the Collateral. Secured Party need not file suit or assert a claim for personal judgment against any person for any part of the Obligations or seek to realize upon any other security for the Obligations, before foreclosing or otherwise realizing upon the Collateral for the purpose of paying the ObligationsCollateral. Debtor waives any right to the benefit of or to require or control application of any other security or proceeds thereof, and Debtor agrees that Secured Party shall have no duty or obligation to Debtor to apply to the Obligations any such other security or proceeds thereof.

Appears in 1 contract

Samples: Security Agreement (Fountain Powerboat Industries Inc)

Other Parties and Other Collateral. No renewal or extension of or any other indulgence with respect to the Obligations or any part thereof, no release of any security, no release of any person (including any maker, endorser, guarantor, or surety) liable on the Obligations, no delay in enforcement of payment, and no delay or admission or lack of diligence or care in exercising any right or power with respect to the Obligations or any security therefor or guaranty thereof or under this Agreement shall in other manner impair or affect the rights of Secured Party under the law, under this Agreement, or under any other agreement pertaining to the other security for the Obligations, before foreclosing upon the Collateral for the purpose of paying the Obligations. Debtor waives any right to the benefit of or to require or control application of any other security or proceeds thereof, and Debtor agrees that Secured Party shall have no duty or obligation to Debtor to apply to the Obligations any such other security or proceeds thereof.and

Appears in 1 contract

Samples: Assignment and Security Agreement (Exsorbet Industries Inc)

Other Parties and Other Collateral. No renewal or extension of or any other indulgence with respect to the Obligations or any part thereof, no release of any security, no release of any person (including any maker, endorser, guarantor, guarantor or surety) liable on the Obligations, no delay in enforcement of payment, and no delay or admission omission or lack of diligence or care in exercising any right or power with respect to the Obligations or any security therefor or guaranty thereof or under this Agreement shall in other any manner impair or of affect the rights of Secured Party under the law, under this Agreementhereunder, or under any other agreement pertaining to the Collateral. Secured Party need not file suit or assert a claim for personal judgment against any person for any part of the Obligations or seek to realize upon any other security for the Obligations, before foreclosing upon the Collateral for the purpose of paying the Obligations. Debtor waives any right to the benefit of or to require or control application applicable of any other security or proceeds thereof, and Debtor agrees that Secured Party shall have no duty or obligation to Debtor to apply to the Obligations any such other security or proceeds thereof.

Appears in 1 contract

Samples: Security Agreement (El Conquistador Partnership Lp)

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