Common use of Other Parties and Other Collateral Clause in Contracts

Other Parties and Other Collateral. No renewal or extensions of or any other indulgence with respect to the Obligation or any part thereof, no modification of the document(s) evidencing the Obligation, no release of any security, no release of any person (including any maker, indorser, guarantor or surety) liable on the Obligation, no delay in enforcement of payment, and no delay or omission or lack of diligence or care in exercising any right or power with respect to the Obligation or any security therefor or guaranty thereof or under this Agreement shall in any manner impair or affect the rights of EXCO under any law, hereunder, or under any other agreement pertaining to the Collateral. EXCO need not file suit or assert a claim for any part of the Obligation before foreclosing or otherwise realizing upon the Collateral.