Common use of Other Security Clause in Contracts

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, real property and securities owned by an Obligor), or by a guarantee, endorsement or property of any other Person, then the Servicer shall have the right to proceed against such other property, guarantee or endorsement during the continuance of any Credit Event, and the Servicer shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer or the holders of the Secured Obligations under this Agreement, under any other of the Credit Documents or under any other document relating to the Secured Obligations.

Appears in 3 contracts

Sources: Loan Facility Agreement (Aaron's Company, Inc.), Loan Facility Agreement and Guaranty (Aaron's Company, Inc.), Loan Facility Agreement (Aaron's Company, Inc.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, real property and securities owned by an Obligor), or by a guarantee, endorsement or property of any other Person, then the Servicer Lender shall have the right to proceed against such other property, guarantee or endorsement during the continuance of any Credit EventEvent of Default, and the Servicer Lender shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Lender shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer or the holders of the Secured Obligations under this AgreementLender, under any other of the Credit Loan Documents or under any other document relating to the Secured Obligations.

Appears in 3 contracts

Sources: Security and Pledge Agreement (HCI Group, Inc.), Security and Pledge Agreement (HCI Group, Inc.), Security and Pledge Agreement (HCI Group, Inc.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, including real property and securities owned by an Obligora Grantor), or by a guarantee, endorsement or property of any other Person, then the Servicer Agent shall have the right to proceed against such other property, guarantee or endorsement during upon the continuance occurrence of any Credit EventEvent of Default, and the Servicer Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Agent shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer Agent or the holders of the Secured Obligations under this Security Agreement, under any other of the Credit other Loan Documents or under any other document relating to the Secured Obligations.

Appears in 2 contracts

Sources: Credit Agreement (Greenway Medical Technologies Inc), Security Agreement (Greenway Medical Technologies Inc)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, real and other personal property and securities owned by an Obligora Grantor), or by a guarantee, endorsement or property of any other Person, then the Servicer Agent shall have the right to proceed against such other property, guarantee or endorsement during upon the continuance occurrence of any Credit EventEvent of Default, and the Servicer Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Agent shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer Agent or the holders of the Secured Obligations under this Security Agreement, either of the Credit Agreements, under any other of the other Credit Documents or under any other document relating to the Secured Obligations.

Appears in 2 contracts

Sources: Loan Agreement (Renal Care Group Inc), Loan Agreement (Renal Care Group Inc)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property Property other than the Collateral (including, without limitation, real property and securities owned by an Obligorany Pledgor), or by a guarantee, endorsement or property Property of any other Person, then the Servicer Lender shall have the right to proceed against such other property, guarantee or endorsement during upon the continuance occurrence of any Credit EventEvent of Default, and the Servicer shall have Lender has the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Lender shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the Lender's rights of the Servicer or the holders of the Secured Obligations under this Agreement, Pledge Agreement or under any other of the Credit Documents or under any other document relating to the Secured ObligationsLoan Documents.

Appears in 1 contract

Sources: Pledge Agreement (Genicom Corp)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, real property and securities owned by an Obligora Grantor), or by a guarantee, endorsement or property of any other Person, then the Servicer Agent shall have the right to proceed against such other property, guarantee or endorsement during upon the continuance occurrence of any Credit EventEvent of Default, and the Servicer Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Agent shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer Agent or the holders of the Secured Obligations Parties under this Agreement, under any other of the Credit Loan Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Intercreditor Agreement (Wausau Paper Corp.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, real property and securities owned by an Obligor), or by a guarantee, endorsement or property of any other Person, then the Servicer Lender shall have the right to proceed against such other property, guarantee or endorsement during the continuance existence of any Credit EventEvent of Default, and the Servicer Lender shall have the right, in its sole discretion, to determine which rights, security, liens, security interests Liens or remedies the Servicer Lender shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer Lender or the holders of the Secured Obligations under this Agreement, under any other of the Credit Loan Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Security and Pledge Agreement (Omega Protein Corp)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, including real property and securities owned by an Obligora Grantor), or by a guarantee, endorsement or property of any other Person, then the Servicer Administrative Agent shall have the right to proceed against such other property, guarantee or endorsement during upon the continuance occurrence of any Credit EventEvent of Default, and the Servicer Administrative Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Administrative Agent shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer Administrative Agent or the holders of the Secured Obligations Parties under this Security Agreement, under any other of the Credit other Loan Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Credit Agreement (Cbeyond Communications Inc)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, including real property and securities owned by an Obligora Grantor), or by a guarantee, endorsement or property of any other Person, then the Servicer Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement during upon the continuance occurrence of any Credit EventEvent of Default, and the Servicer Collateral Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Collateral Agent shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer Collateral Agent or the holders of the Secured Obligations under this Security Agreement, under any other of the other Credit Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Credit Agreement (Ticketmaster Entertainment, Inc.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, including real property and securities owned by an Obligora Grantor), or by a guarantee, endorsement or property of any other Person, then the Servicer Administrative Agent shall have the right to proceed against such other property, guarantee or endorsement during upon the continuance occurrence of any Credit EventEvent of Default, and the Servicer Administrative Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Administrative Agent shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer Administrative Agent or the holders of the Secured Obligations Parties under this Agreement, under any other of the Credit Loan Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Security and Pledge Agreement (Nutri System Inc /De/)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, real property and securities owned by an Obligor), or by a guarantee, endorsement or property of any other Person, then the Servicer Lender shall have the right to proceed against such other property, guarantee or endorsement during upon the continuance occurrence of any Credit EventEvent of Default, and the Servicer Lender shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Lender shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer or the holders of the Secured Obligations Lender under this Agreement, under any other of the Credit Loan Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Security and Pledge Agreement (Syntel Inc)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Pledged Collateral (including, without limitation, real property and securities owned by an Obligor), or by a guarantee, endorsement or property of any Person other Personthan Pledgor, then Administrative Agent and the Servicer Lenders shall have the right to proceed against such other property, guarantee or endorsement during upon the continuance occurrence of any Credit EventEvent of Default, and Administrative Agent and the Servicer Lenders shall have the right, in its their sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Administrative Agent shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer Administrative Agent or the holders of the Secured Obligations Lenders under this Agreement, under any other of the Credit Loan Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Pledge Agreement (Intercloud Systems, Inc.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, real property and securities owned by an Obligor), or by a guarantee, endorsement or property of any other Person, then the Servicer Lender shall have the right to proceed against such other property, guarantee or endorsement during upon the continuance occurrence of any Credit EventEvent of Default, and the Servicer Lender shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Lender shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer or the holders of the Secured Obligations Lender under this Agreement, under any other of the Credit Documents Loan Agreement or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Security and Pledge Agreement (Advanced Energy Industries Inc)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, real property and securities owned by an Obligor), or by a guarantee, endorsement or property of any other Person, then the Servicer Lender shall have the right to proceed against such other property, guarantee or endorsement during the continuance if any Event of any Credit EventDefault has occurred and is continuing, and the Servicer Lender shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Lender shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer or the holders of the Secured Obligations Lender under this Agreement, under any other of the Credit Loan Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Security Agreement (American Woodmark Corp)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property Property other than the Collateral (including, without limitation, real property and securities personal Property owned by an ObligorBorrower), or by a guarantee, endorsement or property Property of any other Person, then the Servicer Lender shall have the right to proceed against such other propertyProperty, guarantee or endorsement upon the occurrence and during the continuance continuation of any Credit EventEvent of Default, and the Servicer shall have Lender has the right, in its sole discretion, to determine which rights, security, liens, security interests Liens or remedies the Servicer Lender shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the Lender’s rights of the Servicer or the holders of the Secured Obligations under this Security Agreement, under any other of the Credit Documents or under any other document relating to the Secured ObligationsLoan Documents.

Appears in 1 contract

Sources: Security Agreement (First Wave BioPharma, Inc.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, real property 19 and securities owned by an Obligora Grantor), or by a guarantee, endorsement or property of any other Person, then the Servicer Lender shall have the right to proceed against such other property, guarantee or endorsement during upon the continuance occurrence of any Credit EventEvent of Default, and the Servicer Lender shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Lender shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer or the holders of the Secured Obligations Lender under this Agreement, under any other of the Credit Loan Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Security Agreement (BBX Capital, Inc.)

Other Security. To the extent that any of the Secured Obligations Indebtedness are now or hereafter secured by property other than the Collateral (including, without limitation, real and personal property and securities owned by an ObligorGrantor), or by a guarantee, endorsement or property of any other Person, then the Servicer Lender shall have the right to proceed against such other property, guarantee or endorsement during upon the continuance occurrence of any Credit EventEvent of Default, and the Servicer Lender shall have the right, in its sole discretion, to determine which rights, security, liensLiens, security interests or remedies the Servicer Lender shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the Lender's rights of the Servicer or the holders of the Secured Obligations Indebtedness under this Agreement, under any other of the Credit Documents or under any other document relating to the Secured ObligationsLoan Documents.

Appears in 1 contract

Sources: Security Agreement (Metretek Technologies Inc)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, real property and securities owned by an Obligorany Grantor), or by a guarantee, endorsement or property of any other Person, then the Servicer Lender shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuance of any Credit EventEvent of Default, and the Servicer Lender shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Lender shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer or the holders of the Secured Obligations Lender under this Agreement, under any other of the Credit Loan Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Security and Pledge Agreement (Sciquest Inc)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Collateral (including, without limitation, including real property and securities owned by an Obligora Grantor), or by a guarantee, endorsement or property of any other Person, then the Servicer Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement during upon the continuance occurrence of any Credit EventEvent of Default, and the Servicer Collateral Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Servicer Collateral Agent shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or the Secured Obligations or any of the rights of the Servicer Collateral Agent or the holders any other holder of the Secured Obligations under this Agreement, under any other of the Credit Loan Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: First Lien Credit Agreement (Trinet Group Inc)