Agent not Bound to Exhaust Recourse. The Agent shall not be bound to pursue or exhaust its recourse against the Borrower or others or any security or other guarantees it may at any time hold before being entitled to payment under this ARTICLE X from the Borrower or to enforce its rights against the Borrower under the Security to which the Borrower is a party.
Appears in 4 contracts
Samples: Credit Agreement (Tilray Brands, Inc.), Credit Agreement (Tilray Brands, Inc.), Credit Agreement (Tilray, Inc.)
Agent not Bound to Exhaust Recourse. The Agent shall not be bound to pursue or exhaust its recourse against the any Borrower or others or any security or other guarantees it may at any time Schedule O 93. hold before being entitled to payment under this ARTICLE X Article 15 from the Borrower other Borrowers or to enforce its rights against the any Borrower under the Security Documents to which the such Borrower is a party.
Appears in 1 contract
Samples: Credit Agreement (Vitran Corp Inc)