Administrative Agent’s Discretion. Administrative Agent shall have the right in its sole discretion to determine which rights, Liens, security interests or remedies Administrative Agent may at any time pursue, relinquish, subordinate, or modify, which procedures, timing and methodologies to employ, and what any other action to take with respect to any or all of the Collateral and in what order, thereto and such determination will not in any way modify or affect any of Agents’ or Lenders’ rights hereunder as against Loan Parties or each other.
Appears in 2 contracts
Samples: Security Agreement (A.S.V., LLC), Security Agreement (Manitex International, Inc.)
Administrative Agent’s Discretion. Administrative Agent shall have the right in its sole discretion to determine which rights, Liens, security interests or remedies Administrative Agent may at any time pursue, relinquish, subordinate, or modify, which procedures, timing and methodologies modify or to employ, and what take any other action to take with respect to any or all of the Collateral and in what order, thereto and such determination will not in any way modify or affect any of Agents’ Administrative Agent’s or Lenders’ rights hereunder as against Loan Parties or each otherhereunder.
Appears in 2 contracts
Samples: Security Agreement (Skullcandy, Inc.), Revolving Credit and Security Agreement (Comforce Corp)
Administrative Agent’s Discretion. Administrative Agent shall have the right in its sole discretion to determine which rights, Liens, security interests or remedies Administrative Agent may at any time pursue, relinquish, subordinate, or modify, which procedures, timing and methodologies modify or to employ, and what take any other action to take with respect to any or all of the Collateral and in what order, thereto and such determination will not in any way modify or affect any of Agents’ Administrative Agent's or Lenders’ ' rights hereunder as against Loan Parties or each otherhereunder.
Appears in 1 contract
Samples: Security Agreement (Comforce Corp)
Administrative Agent’s Discretion. In connection with the exercise of rights and remedies by the Administrative Agent hereunder, the Administrative Agent shall have the right in its sole discretion to determine which rights, Liens, security interests or remedies the Administrative Agent may at any time pursue, relinquish, subordinate, or modify, which procedures, timing and methodologies modify or to employ, and what take any other action to take with respect to any or all of the Collateral and in what order, thereto and such determination will not in any way modify or affect any of Agents’ the Administrative Agent's, the Term Loan B Agent's or the Lenders’ ' rights hereunder as against Loan Parties or each otherhereunder.
Appears in 1 contract