Common use of Agent’s Additional Rights Regarding Collateral Clause in Contracts

Agent’s Additional Rights Regarding Collateral. All of the Obligations shall constitute one obligation secured by all of the Pledged Collateral. In addition to the Secured Creditors’ other rights and remedies under the Loan Documents, Agent may, in its discretion exercised in good faith, following the occurrence and during the continuance of any Event of Default (which has not been waived): (i) exchange, enforce, waive or release any of the Pledged Collateral or portion thereof, (ii) apply the proceeds of the Pledged Collateral against the Obligations and direct the order or manner of the liquidation thereof (including any sale or other disposition) in accordance with the Credit Agreement and the other Loan Documents, and (iii) settle, compromise, collect or otherwise liquidate any such security in any manner without affecting or impairing its rights to take any other further action with respect to any security or any part thereof.

Agent’s Additional Rights Regarding Collateral. All of the Obligations shall constitute one obligation secured by all of the Pledged Collateral. In addition to the Secured Creditors’ Agent’s other rights and remedies under the Loan Documents, Agent may, in its discretion exercised in good faith, following the occurrence and during the continuance of any Event of Default (which has not been waived): waived by the Secured Creditors: (i) exchange, enforce, waive or release any of the Pledged Collateral or portion thereof, (ii) apply the proceeds of the Pledged Collateral against the Obligations and direct the order or manner of the liquidation thereof (including any sale or other disposition) in accordance with the Credit Agreement and the other Loan Documents, and (iii) settle, compromise, collect or otherwise liquidate any such security in any manner accordance with the Credit Agreement and the other Loan Documents without affecting or impairing its rights right to take any other further action with respect to any security or any part thereof.

Agent’s Additional Rights Regarding Collateral. All of the Secured Obligations shall constitute one obligation secured by all of the Pledged Collateral. In addition to the Secured Creditors’ Agent’s other rights and remedies under the Loan Documents, Agent may, in its discretion exercised in good faith, following the occurrence and during the continuance of any Event of Default (which has not been waived): waived by the Secured Creditors: (i) exchange, enforce, waive or release any of the Pledged Collateral or portion thereof, (ii) apply the proceeds of the Pledged Collateral against the Secured Obligations and direct the order or manner of the liquidation thereof (including any sale or other disposition) in accordance with the Credit Agreement and the other Loan Documents, and (iii) settle, compromise, collect or otherwise liquidate any such security in any manner accordance with the Credit Agreement and the other Loan Documents without affecting or impairing its rights right to take any other further action with respect to any security or any part thereof.