Common use of Absolute Rights Clause in Contracts

Absolute Rights. The rights, actions and remedies of Pledgee under this Agreement are absolute and unconditional, regardless of the constitution, improvement, replacement, release or failure to make any other guarantee or any release, amendment or waiver, or consent to any guarantee, with respect to the payment and performance of all or any of the Exit Debt Financing Secured Obligations; any individual or partial exercise of such rights, actions, remedies or powers shall not preclude any other present or future exercise thereof.

Appears in 8 contracts

Samples: Pledge Agreement (Grupo Aeromexico, S.A.B. De C.V.), Pledge Agreement (Grupo Aeromexico, S.A.B. De C.V.), Pledge and Security Agreement (Grupo Aeromexico, S.A.B. De C.V.)

AutoNDA by SimpleDocs

Absolute Rights. The rights, actions and remedies of Pledgee under this Agreement are absolute and unconditional, regardless of the constitution, improvement, replacement, release or failure to make any other guarantee or any release, amendment or waiver, or consent to any guarantee, with respect to the payment and performance of all or any of the Exit Debt Financing Secured Obligations; any individual or partial exercise of such rights, actions, remedies or powers shall not preclude any other present or future exercise thereof.. Confidential Treatment Requested Pursuant to 17 C.F.R. Section 200.83

Appears in 1 contract

Samples: Pledge and Security Agreement (Grupo Aeromexico, S.A.B. De C.V.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.