Additional Security, Etc. The Guarantors authorize the Administrative Agent on behalf of the Lenders without notice to or demand on the Guarantors and without affecting their liability hereunder, from time to time (a) to obtain additional or substitute endorsers or guarantors; (b) to exercise or refrain from exercising any rights against, and grant indulgences to, the Borrower, any Subsidiary of the Borrower or any Guarantor, any other Guarantor or others; and (c) to apply any sums, by whomsoever paid or however realized, to the payment of the principal of, premium, if any, and interest on, and other obligations consisting of, the Guaranteed Obligations. The Guarantors waive any right to require the Administrative Agent, any Lender or any other Secured Party to proceed against any additional or substitute endorsers or guarantors or the Borrower or any of their Subsidiaries or any other Person or to pursue any other remedy available to the Administrative Agent, any such Lender or any such other Secured Party.
Additional Security, Etc. The Guarantors authorize the Bank without notice to or demand on the Guarantors and without affecting their liability hereunder, from time to time (a) to obtain additional or substitute endorsers or guarantors; (b) to exercise or refrain from exercising any rights against, and grant indulgences to, the Borrower, any Subsidiary of the Borrower, any other Guarantor or others; and (c) to apply any sums, by whomsoever paid or however realized, to the payment of the principal of, premium, if any, and interest on, and other obligations consisting of, the Guaranteed Obligations. The Guarantors waive any right to require the Bank to proceed against any additional or substitute endorsers or guarantors or the Borrower or any of their Subsidiaries or any other Person or to pursue any other remedy available to the Bank.
Additional Security, Etc. The Guarantors authorize the Agent on behalf of the Issuing Banks and Banks without notice to or demand on the Guarantors and without affecting their liability hereunder, from time to time (a) to obtain additional or substitute endorsers or guarantors; (b) to exercise or refrain from exercising any rights against, and grant indulgences to, the Borrower, any Subsidiary of the Borrower, any other Guarantor or others; and (c) to apply any sums, by whomsoever paid or however realized, to the payment of the principal of, premium, if any, and interest on, and other obligations consisting of, the Guaranteed Obligations. The Guarantors waive any right to require the Agent, either Issuing Bank or any Bank to proceed against any additional or substitute endorsers or guarantors or the Borrower or any of their Subsidiaries or any other Person or to pursue any other remedy available to the Agent, either Issuing Bank or any such Bank.
Additional Security, Etc. Without notice to or consent of the ------------------------ Borrower, and without impairment of the Liens and rights created by this Agreement, the Lender may accept from the Borrower, any other Obligor or any other person, additional security for the Obligations. Neither the giving of this Agreement nor the acceptance of any such additional security shall prevent the Lender from resorting first to any such additional security, or first to the Liens created by this Agreement, without affecting the Liens and rights of the Lender under this Agreement.
Additional Security, Etc. Without notice to or consent of the Borrower, and without impairment of the liens and rights created by this Security Agreement, Secured Party may accept from the Borrower, or any other Person, additional security for the Secured Obligations. Neither the giving of this Security Agreement nor the acceptance of any such additional security shall prevent Secured Party from resorting first to any such additional security, or first to the liens created by this Security Agreement, without affecting the liens and rights of Secured Party under this Security Agreement.
Additional Security, Etc. Upon request by the Agent, the Borrowers and the Restricted Parties shall do all such further acts and execute and deliver all such further documents and further assurances as may be necessary or desirable to: (a) grant security, equivalent to the Security, in favour of Lenders that are not Lenders at the date hereof or to a replacement Agent; (b) enable the Agent to register the Security in jurisdictions where it is not registered in connection with the closing of the transactions contemplated hereby; (c) register, file or record all Security (or a notice or financing statement in respect thereof) in all offices where such registration, filing or recoding is, in the opinion of the Agent or its counsel, necessary or advisable to constitute, perfect and maintain the Security as first-ranking Encumbrances of the Borrowers or other Restricted Parties, as the case may be, within a reasonable time after the request therefor by the Agent; or (d) with respect to Security executed and delivered after the date hereof, enable the Agent to register the Security in other jurisdictions where registration is necessary or desirable as determined by the Agent, acting reasonably. In addition, upon an Unrestricted Party or a non-wholly owned Restricted Party becoming a Wholly-Owned Subsidiary of Maxxcom or another wholly-owned Restricted Party, such Restricted Party shall grant security, equivalent to the Security, in favour of the Agent and the Lenders.
Additional Security, Etc. Guarantors authorize Agent on behalf of Secured Parties, without notice to or demand on the Guarantors and without affecting their liability hereunder, from time to time (a) to obtain additional or substitute endorsers or guarantors; (b) to exercise or refrain from exercising any rights against, and grant indulgences to, any Loan Party or Others; and (c) to apply any sums, by whomsoever paid or however realized, to the payment of the principal of, premium, if any, and interest on, and other obligations consisting of, the Guaranteed Obligations. Each Guarantor waives any right to require any Secured Party to proceed against any additional or substitute endorsers or guarantors or Borrowers or any of their Subsidiaries or any other Person or to pursue any other remedy available to any Secured Party.
Additional Security, Etc. Without notice to or consent of the Grantor, and without impairment of the Liens and rights created by this Agreement, Secured Party may accept from the Grantor or any other Person, additional security for the Obligations. Neither the giving of this Agreement nor the acceptance of any such additional security shall prevent Secured Party from resorting first to any such additional security, or first to the Liens created by this Agreement, without affecting the Liens and rights of Secured Party under this Agreement.
Additional Security, Etc. Without limitation of the covenants contained in section 8.11 of the Credit Agreement, the Borrower will
(a) RUUD SECOND MORTGAGE: within 10 days following the Effective Date of this Amendment, cause Ruud Lighting, Inc. to execute, acknowledge and deliver to the Collateral Agent a second mortgage, assignment of leases and security agreement, substantially in the form attached to this Amendment as Exhibit B;
Additional Security, Etc. The Project Company Guarantors authorize the Lender without notice to or demand on the Project Company Guarantors and without affecting their liability hereunder, from time to time (a) to obtain additional or substitute endorsers or guarantors; (b) to exercise or refrain from exercising any rights against, and grant indulgences to, the Borrower, any Subsidiary of the Borrower, any Project Company Guarantor or any others; and (c) to apply any sums, by whomsoever paid or however realized, to the payment of the principal of, premium, if any, and interest on, and other obligations consisting of, the Obligations. The Project Company Guarantors waive any right to require the Lender to proceed against any additional or substitute endorsers or guarantors or the Borrower or any of their Subsidiaries or any other Person or to pursue any other remedy available to the Lender.
