Common use of Separate Exercise of Remedies Clause in Contracts

Separate Exercise of Remedies. Administrative Agent (on behalf of the Secured Parties) may exercise remedies against each Borrower Party and its property separately, whether or not Administrative Agent exercises remedies against any other Borrower Party or its property. Administrative Agent may enforce one or more Borrower Party’s obligations without enforcing any other Borrower Party’s obligations and vice versa. Any failure or inability of Administrative Agent to enforce one or more Borrower Party’s obligations shall not in any way limit Administrative Agent’s right to enforce the obligations of any other Borrower Party.

Separate Exercise of Remedies. The Administrative Agent (on behalf of the Secured PartiesLenders) may exercise remedies against each Borrower Party and its property separately, whether or not the Administrative Agent exercises remedies against any other Borrower Party or its property. The Administrative Agent may enforce one or more Borrower Party’s obligations without enforcing any other Borrower Party’s obligations and vice versa. Any failure or inability of the Administrative Agent to enforce one or more Borrower Party’s obligations shall not in any way limit the Administrative Agent’s right to enforce the obligations of any other Borrower Party.

Separate Exercise of Remedies. Administrative Agent (on behalf of the Secured PartiesLenders) may exercise remedies against each Borrower Party and its property separately, whether or not Administrative Agent exercises remedies against any other Borrower Party or its property. Administrative Agent may enforce one or more Borrower Party’s obligations without enforcing any other Borrower Party’s obligations and vice versa. Any failure or inability of Administrative Agent to enforce one or more Borrower Party’s obligations shall not in any way limit Administrative Agent’s right to enforce the obligations of any other Borrower Party.