Common use of Additional Bank Rights Clause in Contracts

Additional Bank Rights. Without affecting the liability of any Borrower, endorser, surety or guarantor, the Bank may, without notice, renew or extend the time for payment, accept partial payments, release or impair any collateral security for the payment of this Note, or agree not to sue any party liable on it.

Appears in 3 contracts

Samples: Loan Agreement (National Research Corp), Installment or Single Payment Note (National Research Corp), Stand Alone Revolving Note (Arkona Inc)

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Additional Bank Rights. Without affecting the liability of any Borrower, endorser, surety or guarantor, the Bank may, without notice, renew or extend the time for payment, accept partial payments, release or impair any collateral security for the payment of this Note, or agree not to sue any xxx party liable on it.

Appears in 1 contract

Samples: Waiver (Plexus Corp)

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