Common use of Release of Collateral, Parties Liable, etc Clause in Contracts

Release of Collateral, Parties Liable, etc. Each of the Guarantors agrees that the whole or any part of any and all security now or hereafter held for the Company's Obligations may be exchanged, compromised, released or surrendered from time to time; that neither the Noteholders nor any of them nor any trustee or agent which shall at any time hold any such security shall have any obligation to protect, perfect, secure or insure any Liens now or hereafter held for the Company's Obligations or the properties subject thereto; that the time or place of payment of the Company's Obligations may be changed or extended, in whole or in part, to a time certain or otherwise, and may be renewed or accelerated, in whole or in part; that the Company may be granted indulgences generally; that any provisions of the Revolving Credit Documents or any other documents executed in connection with this transaction may be modified, amended or waived; that any party liable for the payment of the Company's Obligations may be granted indulgences or released; and that any deposit balance for the credit of the Company or any other party liable for the payment of the Company's Obligations or liable upon any security therefor may be released, in whole or in part, at, before and/or after the stated, extended or accelerated maturity of the Company's Obligations, all without notice to or further assent by the Guarantors, or any of them, who shall remain bound thereon, notwithstanding any such exchange, compromise, surrender, extension, renewal, acceleration, modification, indulgence or release.

Appears in 4 contracts

Samples: Guaranty Agreement (Nwe Capital Cyprus LTD), Guaranty Agreement (PLD Telekom Inc), Guaranty Agreement (Wireless Technology Corporations LTD)

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Release of Collateral, Parties Liable, etc. Each of the Guarantors agrees that the whole or any part of any and all the security now or hereafter held for the Company's Obligations Indebtedness may be exchanged, compromised, released or surrendered from time to time; that neither the Noteholders Administrative Agent nor any of them nor any trustee or agent which shall at any time hold any such security the Lenders shall have any obligation to protect, perfect, secure or insure any Liens now or hereafter held for the Company's Obligations Indebtedness or the properties subject thereto; that the time or place of payment of the Company's Obligations Indebtedness may be changed or extended, in whole or in part, to a time certain or otherwise, and may be renewed or accelerated, in whole or in part; that the Company Borrower may be granted indulgences generally; that any provisions of the Revolving Credit Documents or any other documents executed in connection with this transaction transaction, may be modified, amended or waived; that any party liable for the payment of the Company's Obligations Indebtedness may be granted indulgences or released; and that any deposit balance for the credit of the Company Borrower or any other party liable for the payment of the Company's Obligations Indebtedness or liable upon any security therefor may be released, in whole or in part, at, before and/or after the stated, extended or accelerated maturity of the Company's ObligationsIndebtedness, all without notice to or further assent by the Guarantors, or any of them, who shall remain bound thereon, notwithstanding any such exchange, compromise, surrender, extension, renewal, acceleration, modification, indulgence or release.

Appears in 4 contracts

Samples: Credit Agreement (Healthcare Realty Trust Inc), Credit Agreement (Healthcare Realty Trust Inc), Credit Agreement (Healthcare Realty Trust Inc)

Release of Collateral, Parties Liable, etc. Each of the Guarantors agrees that the whole or any part of any and all the security now or hereafter held for the Company's Obligations Indebtedness may be exchanged, compromised, released or surrendered from time to time; that neither the Noteholders Administrative Agent nor any of them nor any trustee or agent which shall at any time hold any such security the Lenders shall have any obligation to protect, perfect, secure or insure any Liens now or hereafter held for the Company's Obligations Indebtedness or the properties subject thereto; that the time or place of payment of the Company's Obligations Indebtedness may be changed or extended, in whole or in part, to a time certain or otherwise, and may be renewed or accelerated, in whole or in part; that the Company Borrowers may be granted indulgences generally; that any provisions of the Revolving Credit Documents or any other documents executed in connection with this transaction transaction, may be modified, amended or waived; that any party liable for the payment of the Company's Obligations Indebtedness may be granted indulgences or released; and that any deposit balance for the credit of the Company Borrowers or any other party liable for the payment of the Company's Obligations Indebtedness or liable upon any security therefor may be released, in whole or in part, at, before and/or after the stated, extended or accelerated maturity of the Company's ObligationsIndebtedness, all without notice to or further assent by the Guarantors, or any of them, who shall remain bound thereon, notwithstanding any such exchange, compromise, surrender, extension, renewal, acceleration, modification, indulgence or release.

Appears in 2 contracts

Samples: Credit Agreement (Omega Healthcare Investors Inc), Guaranty (Omega Healthcare Investors Inc)

Release of Collateral, Parties Liable, etc. Each of the Guarantors The Guarantor agrees that the whole or any part of any and all the security now or hereafter held for the Company's Obligations Indebtedness may be exchanged, compromised, released or surrendered from time to time; that neither the Noteholders Administrative Agent nor any of them nor any trustee or agent which shall at any time hold any such security the Lenders shall have any obligation to protect, perfect, secure or insure any Liens now or hereafter held for the Company's Obligations Indebtedness or the properties subject thereto; that the time or place of payment of the Company's Obligations Indebtedness may be changed or extended, in whole or in part, to a time certain or otherwise, and may be renewed or accelerated, in whole or in part; that the Company Borrowers may be granted indulgences generally; that any provisions of the Revolving Credit Documents or any other documents executed in connection with this transaction transaction, may be modified, amended or waived; that any party liable for the payment of the Company's Obligations Indebtedness may be granted indulgences or released; and that any deposit balance for the credit of the Company Borrowers or any other party liable for the payment of the Company's Obligations Indebtedness or liable upon any security therefor may be released, in whole or in part, at, before and/or after the stated, extended or accelerated maturity of the Company's ObligationsIndebtedness, all without notice to or further assent by the Guarantors, or any of themGuarantor, who shall remain bound thereon, notwithstanding any such exchange, compromise, surrender, extension, renewal, acceleration, modification, indulgence or release.

Appears in 2 contracts

Samples: Credit Agreement (Brookdale Senior Living Inc.), Credit Agreement (Brookdale Senior Living Inc.)

Release of Collateral, Parties Liable, etc. Each of the Guarantors Borrower agrees that the whole or any part of any and all security the security, if any, now or hereafter held for the Company's Obligations Obligations, or any part thereof, may be exchanged, compromised, released compromised or surrendered from time to time; that neither the Noteholders nor any of them nor any trustee or agent which shall at any time hold any such security Lender shall have any no obligation to protect, perfect, secure or insure any Liens such security interest, liens or encumbrances now or hereafter held for the Company's Obligations Obligations, or any part thereof, or the properties subject thereto; that the time or place of payment of the Company's Obligations Obligations, or any part thereof, may be changed or extended, in whole or in part, to a time certain or otherwise, and may be renewed or acceleratedaccelerated by agreement among Lender and any Borrower, in whole or in part; that the Company any Borrower may be granted indulgences generally; that any of the provisions of any of the Revolving Credit Documents or any other documents executed in connection with this transaction Obligations may be modified, amended or waived; that any party liable for the payment of the Company's Obligations thereof, including, without limitation, any co-obligor and guarantors, may be granted indulgences or released; and that any deposit balance for the credit of the Company or any other party liable for the payment of the Company's Obligations or liable upon any security therefor may be released, in whole or in part, at, before and/or after the stated, extended or accelerated maturity of the Company's Obligations, all without notice to or further assent by any other Borrower, and each of the Guarantors, or any of them, who other Borrower(s) shall remain bound thereon, notwithstanding any such exchange, compromise, surrender, extension, renewal, acceleration, modification, indulgence or release.

Appears in 2 contracts

Samples: Loan Agreement (Krispy Kreme Doughnuts Inc), Loan Agreement (Krispy Kreme Doughnuts Inc)

Release of Collateral, Parties Liable, etc. Each of the Guarantors The Guarantor agrees that the whole or any part of any and all security now or hereafter held for the Company's Obligations may be exchanged, compromised, released or surrendered from time to time; that neither the Noteholders nor any of them nor any trustee or agent which shall at any time hold any such security shall have any obligation to protect, perfect, secure or insure any Liens now or hereafter held for the Company's Obligations or the properties subject thereto; that the time or place of payment of the Company's Obligations may be changed or extended, in whole or in part, to a time certain or otherwise, and may be renewed or accelerated, in whole or in part; that the Company may be granted indulgences generally; that any provisions of the Revolving Credit Note Documents or any other documents executed in connection with this transaction may be modified, amended or waived; that any party liable for the payment of the Company's Obligations may be granted indulgences or released; and that any deposit balance for the credit of the Company or any other party liable for the payment of the Company's Obligations or liable upon any security therefor may be released, in whole or in part, at, before and/or after the stated, extended or accelerated maturity of the Company's Obligations, all without notice to or further assent by the Guarantors, or any of themGuarantor, who shall remain bound thereon, notwithstanding any such exchange, compromise, surrender, extension, renewal, acceleration, modification, indulgence or release.

Appears in 1 contract

Samples: Guaranty Agreement (Om Group Inc)

Release of Collateral, Parties Liable, etc. Each The Guarantors agree that (a) any or all of the Guarantors agrees that the whole or any part of any and all security now or hereafter held for the Company's Obligations or Guarantors' obligations hereunder may be exchanged, compromised, released or surrendered from time to time; that (b) neither the Noteholders Administrative Agent nor any of them nor any trustee or agent which shall at any time hold any such security the Lenders shall have any obligation to protect, perfect, secure or insure any Liens such security interests, liens or encumbrances now or hereafter held for the Company's Obligations or the Guarantors' obligations hereunder or the properties subject thereto; that (c) the time or place of payment of the Company's Obligations may be changed or extended, in whole or in part, to a time certain or otherwise, and may be renewed or accelerated, in whole or in part; that (d) the Company Borrower may be granted indulgences generally; that (e) any of the provisions of the Revolving Credit Agreement, the Notes or any of the other Credit Documents or any other documents executed in connection with this transaction may be modified, amended or waived; that (f) any party liable for the payment of the Company's Obligations thereof, including without limitation other guarantors, may be granted indulgences or released; and that (g) any deposit balance for the credit of the Company Borrower or any other party liable for the payment of the Company's Obligations Obligations, including without limitation other guarantors, or liable upon any security therefor may be released, in whole or in part, at, before and/or after the stated, extended or accelerated maturity of the Company's Obligations, all without notice to or further assent by the Guarantors, or any of them, who shall remain bound thereon, notwithstanding any such exchange, compromise, surrender, extension, renewal, acceleration, modification, indulgence or release.security

Appears in 1 contract

Samples: Fruit of the Loom Inc /De/

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Release of Collateral, Parties Liable, etc. Each of the Guarantors agrees that the whole or any part of any and all the security now or hereafter held for the Company's Obligations Indebtedness may be exchanged, compromised, released or surrendered from time to time; that neither the Noteholders Agent nor any of them nor any trustee or agent which shall at any time hold any such security the Banks shall have any obligation to protect, perfect, secure or insure any Liens now or hereafter held for the Company's Obligations Indebtedness or the properties subject thereto; that the time or place of payment of the Company's Obligations Indebtedness may be changed or extended, in whole or in part, to a time certain or otherwise, and may be renewed or accelerated, in whole or in part; that the Company Borrower may be granted indulgences generally; that any provisions of the Revolving Credit Financing Documents or any other documents executed in connection with this transaction transaction, may be modified, amended or waived; that any party liable for the payment of the Company's Obligations Indebtedness may be granted indulgences or released; and that any deposit balance for the credit of the Company Borrower or any other party liable for the payment of the Company's Obligations Indebtedness or liable upon any security therefor may be released, in whole or in part, at, before and/or after the stated, extended or accelerated maturity of the Company's ObligationsIndebtedness, all without notice to or further assent by the Guarantors, or any of them, who shall remain bound thereon, notwithstanding any such exchange, compromise, surrender, extension, renewal, acceleration, modification, indulgence or release.

Appears in 1 contract

Samples: Healthcare Realty Trust Inc

Release of Collateral, Parties Liable, etc. Each of the Guarantors Guarantor agrees that the whole or any part of any and all security now or hereafter held for the Company's Obligations may be exchanged, compromised, released or surrendered from time to time; that neither the Noteholders nor any of them nor any trustee or agent which Lender shall at any time hold any such security shall not have any obligation to protect, perfect, secure or insure any Liens liens now or hereafter held for the Company's Obligations or the properties subject thereto; that the time or place of payment of the Company's Obligations may be changed or extended, in whole or in part, to a time certain or otherwise, and may be renewed or accelerated, in whole or in part; that the Company Borrower may be granted indulgences generally; that any provisions of the Revolving Credit Documents Note or any other documents executed in connection with this transaction may be modified, amended or waived; that any party liable for the payment of the Company's Obligations may be granted indulgences or released; and that any deposit balance for the credit of the Company Borrower or any other party liable for the payment of the Company's Obligations or liable upon any security therefor may be released, in whole or in part, at, before and/or after the stated, extended or accelerated maturity of the Company's Obligations, all without notice to or further assent by the Guarantors, or any of themGuarantor, who shall remain bound thereon, notwithstanding any such exchange, compromise, surrender, extension, renewal, acceleration, modification, indulgence or release.

Appears in 1 contract

Samples: Guaranty Agreement (Qiagen Nv)

Release of Collateral, Parties Liable, etc. Each of the Guarantors The Guarantor agrees that the whole or any part of any and all security now or hereafter held for the CompanyBorrower's Obligations may be exchanged, compromised, impaired, released or surrendered from time to time; that neither the Noteholders Agent nor any of them nor any trustee or agent which shall at any time hold any such security the Lenders shall have any obligation to protect, perfect, secure or insure any Liens now or hereafter held for the CompanyBorrower's Obligations or the properties subject thereto; that the time or place of payment of the CompanyBorrower's Obligations may be changed or extended, in whole or in part, to a time certain or otherwise, and may be renewed or accelerated, in whole or in part; that the Company Borrower may be granted indulgences generally; that any provisions of the Revolving Credit Documents or any other documents executed in connection with this transaction may be modified, amended or waived; that any party liable for the payment of the CompanyBorrower's Obligations may be granted indulgences or released; and that any deposit balance for the credit of the Company Borrower or any other party liable for the payment of the CompanyBorrower's Obligations or liable upon any security therefor may be released, in whole or in part, at, before and/or after the stated, extended or accelerated maturity of the CompanyBorrower's Obligations, all without notice to or further assent by the Guarantors, or any of themGuarantor, who shall remain bound thereon, notwithstanding any such exchange, compromise, surrender, extension, renewal, acceleration, modification, indulgence or release.

Appears in 1 contract

Samples: Guaranty Agreement (Ralcorp Holdings Inc)

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