Common use of Release of and Resort to Collateral Clause in Contracts

Release of and Resort to Collateral. Agent may release, regardless of consideration, any part of the Collateral without, as to the remainder of the Collateral, in any way impairing, affecting, subordinating or releasing any of the Liens created or evidenced by any of the Loan Documents or their position as a first and prior Lien in and to the Collateral (as defined in the Credit Agreement). For payment of the Obligations, Agent may resort to any security therefor held by Agent in such order and manner as Agent may elect.

Release of and Resort to Collateral. The Agent may release, regardless of consideration, any part of the Collateral Mortgaged Property without, as to the remainder of the Collateralremainder, in any way impairing, affecting, subordinating or releasing any of the Liens lien or security interests created in or evidenced by any of the Loan Security Documents or their position stature as a first and prior Lien lien and security interest in and to the Collateral (as defined in the Credit Agreement)Mortgaged Property. For payment of the ObligationsIndebtedness, the Agent may resort to any other security therefor held by Agent Trustees in such order and manner as the Agent may elect.

Release of and Resort to Collateral. Agent may release, regardless of considerationconsideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Collateral Mortgaged Property without, as to the remainder of the Collateralremainder, in any way impairing, affecting, subordinating or releasing any of the Liens lien or security interest created in or evidenced by any of the Loan Documents or their position status as a first and prior Lien lien and security interest in and to the Collateral (as defined in the Credit Agreement)Mortgaged Property. For payment of the Obligations, Agent may resort to any other security therefor held by Agent in such order and manner as Agent may elect.

Release of and Resort to Collateral. Agent may release, regardless of considerationconsideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Collateral, any part of the Collateral without, as to the remainder of the Collateralremainder, in any way impairing, affecting, subordinating or releasing any of the Liens lien or security interests created in or evidenced by any of the Loan Documents or their position stature as a first and prior Lien lien and security interest in and to the Collateral (as defined in Collateral. To the Credit Agreement). For extent permitted by law, for payment of the Obligations, Agent may resort to any other security therefor held by Agent in such order and manner as Agent may elect.

Release of and Resort to Collateral. Agent may release, regardless of considerationconsideration and without the necessity for any notice to or consent by the holder of any subordinate lien on the Mortgaged Property, any part of the Collateral Mortgaged Property without, as to the remainder of the Collateralremainder, in any way impairing, affecting, subordinating or releasing any of the Liens lien or security interests created in or evidenced by any of the Loan Financing Documents or their position stature as a first second lien and prior Lien security interest in and to the Collateral (as defined in the Credit Agreement)Mortgaged Property. For payment of the ObligationsIndebtedness, Agent may resort to any other security therefor held by Agent in such order and manner as Agent may elect.