Recourse to Security. Recourse to security shall not be required for any Obligation hereunder and the Borrower hereby waives any requirement that the Administrative Agent or the Lenders exhaust any right or take any action against any of the Collateral before proceeding to enforce the Obligations against the Borrower.
Recourse to Security. Aurizon Network may have recourse to the Security in respect of any amount which the Access Holder fails to pay under or in connection with this Agreement:
Recourse to Security. Aurizon Network may have recourse to the Security where the End User fails to pay any amount payable by the End User to Aurizon Network under, or in connection with, this Agreement:
Recourse to Security. Recourse to security shall not be required for any Obligation hereunder and the Company hereby waives any requirement that the Lender exhausts any right or take any action against any of the Collateral before proceeding to enforce the Obligations against the Company.
Recourse to Security. Recourse to security shall not be required for any Obligation hereunder, and the Borrowers hereby waive any requirement that the Agent or any Secured Party exhaust any right or take any action against any of the Collateral before proceeding to enforce the Obligations against the Borrowers.
Recourse to Security. Borrower specifically understands and agrees that Lender’s recourse against and/or to any security or Collateral shall not be required as a prior condition to Lender’s exercise of any of its rights and remedies hereunder.
Recourse to Security. (a) The Holding Party may from time to time have immediate recourse to the Security, and for that purpose may convert into money any Security that does not consist of money, to recover:
Recourse to Security. 23 SECTION 3.4. Special Provisions Relating to Inventory..................23 SECTION 3.5. Special Provisions Relating to Receivables................25 SECTION 3.6. Special Provisions Relating to Equipment..................26 SECTION 3.7. Continuation of Liens, Etc................................26 SECTION 3.8.
Recourse to Security. Each Relevant Company may have recourse to the Security if the Relevant Company believes (acting reasonably) that Supplier has not performed its obligations in accordance with the Supply or otherwise has a claim against Supplier (whether in relation to the Agreement or otherwise). Notwithstanding any other provision of the Agreement, neither Rio Tinto or the Relevant Company will be responsible for any Liabilities incurred or suffered by Supplier in relation to the conversion of the Security in accordance with the terms of the Agreement. Supplier agrees that it will not in any proceedings whatsoever exercise any rights it may otherwise have, nor take any steps to obtain an injunction or otherwise restrain:
Recourse to Security. Recourse to security shall not be required for any Obligation hereunder and each Loan Party hereby waives any requirement that the Administrative Agent exhaust any right or take any action against any of the Collateral before proceeding to enforce the Obligations against the Borrower.
