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 Security Agreement Collateral (including, without limitation, real property and securities owned by a Pledgor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence of any Event of Default, and the Collateral Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the 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 Collateral Agent or the Secured Parties under this Agreement, under any other of the Loan Documents or under any other document relating to the Secured Obligations.

Appears in 2 contracts

Sources: Credit Agreement (Herbalife Nutrition Ltd.), Credit Agreement (Herbalife Ltd.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Collateral (including, without limitation, real and other personal property and securities owned by a Pledgoran Borrower), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuation of any Event of Default, and the Collateral Agent shall have the right, in its sole discretion, to determine which rights, security, liensLiens, security interests or remedies the 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 any of the Agent’s rights or the Secured Obligations or any of the rights of the Collateral Agent or the Secured Parties under this Agreement, under any other of the Loan Documents or under any other document relating to the Secured ObligationsInterest Rate Protection Agreement.

Appears in 2 contracts

Sources: Security Agreement (Dover Motorsports Inc), Security Agreement

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Pledged Collateral (including, without limitation, real and other personal property and securities owned by a Pledgor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuation of any Event of Default, and the Collateral Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests Liens or remedies the 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 any of the Collateral Agent’s rights or the Secured Obligations or any of the rights of the Collateral Agent or the Secured Parties under this Agreement, Pledge Agreement or under any other of the Loan Documents or under any other document relating to the Secured ObligationsCredit Documents.

Appears in 2 contracts

Sources: Pledge Agreement (Capitalsource Inc), Pledge Agreement (Capitalsource Inc)

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

Appears in 1 contract

Sources: Security Agreement (Ivex Packaging Corp /De/)

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

Appears in 1 contract

Sources: Credit Agreement (Genicom Corp)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Collateral (including, without limitation, real property and securities Securities owned by a Pledgoran Obligor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent Lender shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence of any Event of DefaultDefault and during the continuation thereof, and the Collateral Agent Lender shall have the right, in its sole discretion, to determine which rights, security, liensLiens, security interests or remedies the Collateral Agent 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 Collateral Agent or the Secured Parties Lender under this Agreement, under any other of the Loan Credit Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Pledge and Security Agreement (Citizens, Inc.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Collateral (including, without limitation, real property and securities owned by a PledgorGrantor), or by a guarantee, endorsement or property of any other Person, then the Collateral Purchaser Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuance of any Event of DefaultPut Option Event, and the Collateral Purchaser Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Collateral Purchaser 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 Collateral Purchaser Agent or the Secured Parties under this Agreement, under any other of the Loan Transaction Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Security and Pledge Agreement (ImmunityBio, Inc.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Pledged Collateral (including, without limitation, including real and other personal property and securities owned by a Pledgor), or by a guarantee, endorsement or property of any other Person, then the Collateral Administrative Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuance of any Event of Default, and the Collateral Administrative Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Collateral 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 Collateral Administrative Agent or the Secured Parties under this Pledge Agreement, under any other of the Loan other Credit Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Pledge Agreement (Bioreliance Corp)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Collateral (including, without limitation, real property and securities owned by a Pledgoran Obligor), or by a guarantee, endorsement or property of any other Person, then the Collateral Administrative Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuation of any Event of Default, and the Collateral Administrative Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Collateral 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 Collateral Administrative Agent or the Secured Parties holders of the Obligations under this Agreement, under any other of the Loan Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Security and Pledge Agreement (Grand Canyon Education, Inc.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Collateral (including, without limitation, real property and securities owned by a Pledgoran Obligor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent and the Lenders shall have the right to proceed against such other property, guarantee 19 or endorsement upon the occurrence of any Event of Default, and the Collateral Agent shall and the Lenders have the right, in its their sole discretion, to determine which rights, security, liens, security interests or remedies the Collateral Agent and the Lenders shall at any time pursue, relinquish, subordinate, modify or take with respect thereto, without in any way modifying or affecting any of them or any of the Agent's and the Lenders' rights or the Secured Obligations or any of the rights of the Collateral Agent or the Secured Parties under this Security Agreement, under any other of the Loan Documents or under any other document relating to the Secured ObligationsCredit Documents.

Appears in 1 contract

Sources: Security Agreement (Steel Heddle International Inc)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Pledged Collateral (including, without limitation, real and other personal property and securities owned by a Pledgor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence of any Event of Default, and the Collateral Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the 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 Collateral Agent or the holders of the Secured Parties Obligations under this Pledge Agreement, under any other of the Loan other Financing Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Pledge Agreement (School Specialty Inc)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Pledged Collateral (including, without limitation, real and other personal property and securities owned by a Pledgor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuation of any Event of Default, and the Collateral Agent shall have the right, in its sole discretion, to determine which rights, security, liensLiens, security interests or remedies the 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 any of the Agent’s rights or the Secured Obligations or any of the rights of the Collateral Agent or the Secured Parties under this Agreement, Pledge Agreement or under any other of the Loan Documents or under any other document relating to the Secured ObligationsDocuments.

Appears in 1 contract

Sources: Pledge Agreement (Unifi Inc)

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

Appears in 1 contract

Sources: Credit Agreement (Genicom Corp)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Pledged Collateral (including, without limitation, real and other personal property and securities owned by a any Pledgor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuation of any Event of Default, and the Collateral Agent shall have the right, in its sole discretion, to determine which rights, security, liensLiens, security interests or remedies the 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 them, any of the Collateral Agent’s rights or the Secured Obligations or any of the rights of the Collateral Agent or the Secured Parties under this Agreement, under any other of the Loan Documents Pledge Agreement or under any other document relating to the Secured Obligationseither Indenture.

Appears in 1 contract

Sources: Pledge Agreement (Transmeridian Exploration Inc)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Collateral (including, without limitation, including real property and securities owned by a Pledgoran Obligor), or by a guarantee, endorsement or property of any other Person, then the Collateral Administrative Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence of any Event of DefaultDefault and during the continuation thereof, and the Collateral Administrative Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Collateral 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 Collateral Administrative Agent or the any other Secured Parties Party under this Agreement, under any other of the Loan Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Security and Pledge Agreement (Resources Connection, Inc.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Pledged Collateral (including, without limitation, real and other personal property and securities owned by a Pledgor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuation of any Event of Default, and the Collateral Agent shall have the right, in its sole discretion, to determine which rights, security, liensLiens, security interests or remedies the 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 them, any of the Collateral Agent’s rights or the Secured Obligations under this Pledge Agreement or under any of the rights of the Collateral Agent or the Secured Parties under this Agreement, under any other of the Loan Documents or under any other document relating to the Secured ObligationsTransaction Documents.

Appears in 1 contract

Sources: Pledge Agreement (Applied Digital Solutions Inc)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Pledged Collateral (including, without limitation, including real and other personal property and securities owned by a Pledgor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuation of any an Event of Default, and the Collateral Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the 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 Collateral Agent or the holders of the Secured Parties Obligations under this Pledge Agreement, under any other of the Loan other Credit Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Pledge Agreement (Pike Electric CORP)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Pledged Collateral (including, without limitation, real and other personal property and securities owned by a Pledgor), or by a guarantee, endorsement or property of any other Person, then the Collateral Administrative Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuation of any Event of Default, and the Collateral Administrative Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests Liens or remedies the Collateral 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 any of the Administrative Agent’s rights or the Secured Obligations or any of the rights of the Collateral Agent or the Secured Parties under this Agreement, Pledge Agreement or under any other of the Loan Documents or under any other document relating to the Secured ObligationsCredit Documents.

Appears in 1 contract

Sources: Pledge Agreement (Capitalsource Inc)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Collateral (including, without limitation, real property and securities owned by a Pledgoran Obligor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuance of any Event of Default, and the Collateral Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the 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 Collateral Agent or the Secured Parties holders of the Obligations under this Agreement, under any other of the Loan Credit Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Pledge and Security Agreement (FutureFuel Corp.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Collateral (including, without limitation, real property and securities Securities owned by a Pledgoran Obligor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence of any Event of DefaultDefault in accordance with Applicable Law, and the Collateral Agent shall have the right, in its sole discretion, to determine which rights, security, liensLiens, security interests or remedies the 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 Collateral Agent or the Secured Parties holders of the Obligations under this Agreement, under any other of the Loan Credit Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Pledge and Security Agreement (Viemed Healthcare, Inc.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Collateral (including, without limitation, real property and securities owned by a PledgorGrantor), or by a guarantee, endorsement or property of any other Person, then the Collateral Administrative Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuance of any Event of Default, and the Collateral Administrative Agent shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Collateral 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 Collateral Administrative Agent or the Secured Parties under this Agreement, under any other of the Loan Documents or under any other document relating to the Secured Obligations.

Appears in 1 contract

Sources: Security and Pledge Agreement (Hain Celestial Group Inc)

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

Appears in 1 contract

Sources: Security Agreement (M & M Properties Inc)

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

Appears in 1 contract

Sources: Security Agreement (CNF Inc)

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

Appears in 1 contract

Sources: Stockholder Pledge and Security Agreement (ONE Bio, Corp.)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Collateral (including, without limitation, real and other personal property and securities owned by a Pledgoran Obligor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuation of any Event of Default, and the Collateral Agent shall have the right, in its his sole discretion, to determine which rights, security, liensLiens, security interests or remedies the 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 Collateral Agent’s and the Secured Parties’ rights of the Collateral Agent or the Secured Parties Obligations under this Agreement, Security Agreement or under any other of the Loan Documents or under any other document relating to the Secured ObligationsTransaction Documents.

Appears in 1 contract

Sources: Security Agreement (Permex Petroleum Corp)

Other Security. To the extent that any of the Secured Obligations are now or hereafter secured by property other than the Security Agreement Collateral (including, without limitation, real and other personal property and securities owned by a Pledgoran Obligor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence and during the continuation of any Event of Default, and the Collateral Agent shall have the right, in its sole discretion, to determine which rights, security, liensLiens, security interests or remedies the 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 Collateral Agent’s and the Secured Parties’ rights of the Collateral Agent or the Secured Parties Obligations under this Agreement, Security Agreement or under any other of the Loan Documents or under any other document relating to the Secured ObligationsTransaction Documents.

Appears in 1 contract

Sources: Security Agreement (Permex Petroleum Corp)

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

Appears in 1 contract

Sources: Security and Pledge Agreement (Rotech Healthcare Holdings Inc.)

Other Security. To the extent that any of the Secured Obligations -------------- are now or hereafter secured by property other than the Security Agreement Collateral (including, without limitation, real property and securities owned by a Pledgoran Obligor), or by a guarantee, endorsement or property of any other Person, then the Collateral Agent Lender shall have the right to proceed against such other property, guarantee or endorsement upon the occurrence of any Event of DefaultDefault and during the continuation, and the Collateral Agent Lender shall have the right, in its sole discretion, to determine which rights, security, liens, security interests or remedies the Collateral Agent 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 any of the Lender's rights or the Secured Obligations or any of the rights of the Collateral Agent or the Secured Parties under this Agreement, Security Agreement or under any other of the Loan Documents or under any other document relating to the Secured ObligationsDocuments.

Appears in 1 contract

Sources: Security Agreement (Partminer Inc)