Actions by Lender. Without notice or demand, without affecting the obligations of Grantor hereunder, and without affecting the Security Interest or the priority thereof, Lender, from time to time, may: (i) extend the time for payment of all or any part of the Secured Obligations, accept a renewal note therefor, reduce the payments thereon, release any person liable for all or any part thereof, or otherwise change the terms of all or any part of the Secured Obligations; (ii) take and hold other security for the payment or performance of the Secured Obligations and enforce, exchange, substitute, subordinate, waive or release any such security; (iii) join in any extension or subordination agreement; or (iv) release any part of the Collateral from the Security Interest.
Appears in 11 contracts
Samples: Security Agreement (Cole Credit Property Trust III, Inc.), Security Agreement (Cole Credit Property Trust III, Inc.), Security Agreement (Cole Credit Property Trust III, Inc.)
Actions by Lender. Without notice or demand, without affecting the obligations of Grantor Borrower hereunder, and without affecting the Security Interest or the priority thereof, Lender, from time to time, may: (i) extend the time for payment of all or any part of the Secured Obligations, accept a renewal note therefor, reduce the payments thereon, release any person liable for all or any part thereof, or otherwise change the terms of all or any part of the Secured Obligations; (ii) take and hold other security for the payment or performance of the Secured Obligations and enforce, exchange, substitute, subordinate, waive waive, or release any such security; (iii) join in any extension or subordination agreement; or (iv) release any part of the Collateral from the Security Interest.
Appears in 3 contracts
Samples: Loan and Stock Purchase Agreement (Autotradecenter Com Inc), Security Agreement (Dimensional Visions Inc/ De), Security Agreement (Dimensional Visions Group LTD)