Action or Inaction Clause Samples
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Action or Inaction. Except as otherwise provided at Law, no action or omission on the part of any Guaranteed Party in exercising or failing to exercise its rights under this Section or in connection with or arising from all or part of the Guaranteed Obligations shall make any Guaranteed Party liable to any Guarantor for any loss occasioned to such Guarantor. No loss of or in respect of any securities received by any Guaranteed Party from any other Loan Party or others, whether occasioned by any Guaranteed Party’s fault or otherwise, shall in any way affect, relieve, limit or lessen any Guarantor’s liability under this Guarantee.
Action or Inaction. Except as provided at Law, no action or omission on the part of the Lender in exercising or failing to exercise its rights under this Article 8 or in connection with or arising from all or part of the Guaranteed Obligations will make the Lender liable to any Obligor for any loss occasioned to such Obligor.
Action or Inaction. Except as provided at Law, no action or omission on the part of the Lenders in exercising or failing to exercise their rights under this Article 8 or in connection with or arising from all or part of the Guaranteed Obligations will make the Lenders liable to any Obligor for any loss occasioned to such Obligor.
Action or Inaction. The taking of or omission to take any ------------------ action by the Bank under the Credit Facility;
Action or Inaction. Except as provided at law, no action or omission on the part of the Lender in exercising or failing to exercise its rights under this Section or in connection with or arising from all or part of the Guaranteed Obligations shall make the Lender liable to a Guarantor for any loss occasioned to such Guarantor. No loss of or in respect of any securities received by the Lender from the Borrower or others, whether occasioned by the Lender’s fault or otherwise, shall in any way affect, relieve, limit or lessen a Guarantor’s liability under the Guarantee.
Action or Inaction. Exercise or refrain from exercising any rights against the Company, any other guarantor of the Agreement, or any other Person, or otherwise act or refrain from acting; or
Action or Inaction. The taking of or omission to take any action under the Agreement or any other agreement, document or instrument pursuant to which the Company or any other Person is obligated to the Bank;
Action or Inaction. Except as provided at law, no action or omission on the part of the Administrative Agent or the Lenders in exercising or failing to exercise their rights under this Article 12 or in connection with or arising from all or part of the Guaranteed Obligations will make the Administrative Agent or any Lender liable to any Borrower or Guarantor for any loss occasioned by it.