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.), Indenture (Grupo Aeromexico, S.A.B. De C.V.)

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

Appears in 2 contracts

Samples: Share Pledge Agreement (Grupo Aeromexico, S.A.B. De C.V.), Non Posessory Pledge Agreement (Grupo Aeromexico, S.A.B. De C.V.)

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

Appears in 1 contract

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

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

Appears in 1 contract

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

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