Common use of Administrative Agent’s Discretion Clause in Contracts

Administrative Agent’s Discretion. The Administrative Agent may at any time and from time to time (whether prior to or after the revocation or termination of this Credit Agreement) without the consent of, or notice to, the Guarantor, and without incurring responsibility to the Guarantor or impairing or releasing the Guaranteed Obligations, apply any sums received pursuant to this Article 17 by whomsoever paid or howsoever realized to any due and unpaid Guaranteed Obligations, in whatever order the Administrative Agent sees fit.

Administrative Agent’s Discretion. The Administrative Agent may at any time and from time to time (whether prior to or after the revocation or termination of this Credit Agreement) without the consent of, or notice to, the any Guarantor, and without incurring responsibility to the any Guarantor or impairing or releasing the Guaranteed Obligations, apply any sums received pursuant to this Article 17 by whomsoever paid or howsoever realized to any due and unpaid Guaranteed Obligations, in whatever order the Administrative Agent sees fitObligations regardless of what Obligations remain unpaid.

Administrative Agent’s Discretion. The Administrative Agent may at any time and from time to time (whether prior to or after the revocation or termination of this Credit Agreement) without the consent of, or notice to, the any Guarantor, and without incurring responsibility to the any Guarantor or impairing or releasing the Guaranteed Obligations, apply any sums received pursuant to this Article 17 by whomsoever paid or howsoever realized to any due and unpaid Guaranteed Obligations, in whatever order the Administrative Agent sees fitObligations regardless of what Obligations remain unpaid.