Agent’s and Lenders’ Ability to Act. Agent and Lenders may deal with Borrower, Affiliates of Borrower and the Collateral in the same manner and as freely as if this Agreement did not exist and shall be entitled, among other things, to grant Borrower or any other Person such extension or extensions of time to perform any act or acts as may be deemed advisable by Agent, at any time and from time to time, without terminating, affecting or impairing the validity of this Agreement or the obligations of Guarantor hereunder.
Appears in 4 contracts
Samples: Supplemental Recourse Liability Agreement (KBS Real Estate Investment Trust, Inc.), Recourse Liability Agreement (KBS Real Estate Investment Trust, Inc.), Collateral Transfer and Settlement Agreement (KBS Real Estate Investment Trust, Inc.)
Agent’s and Lenders’ Ability to Act. Agent and Lenders may deal with Borrower, Affiliates of Borrower and the Collateral in the same manner and as freely as if this Agreement Indemnity did not exist and shall be entitled, among other things, to grant Borrower or any other Person such extension or extensions of time to perform any act or acts as may be deemed advisable by Agent, at any time and from time to time, without terminating, affecting or impairing the validity of this Agreement Indemnity or the obligations of Guarantor Indemnitor hereunder.
Appears in 3 contracts
Samples: Environmental Indemnity (Ashford Hospitality Prime, Inc.), Collateral Transfer and Settlement Agreement (KBS Real Estate Investment Trust, Inc.), Collateral Transfer and Settlement Agreement (Gramercy Capital Corp)
Agent’s and Lenders’ Ability to Act. Agent and Lenders may deal with Borrower, Affiliates of Borrower and the Collateral in the same manner and as freely as if this Agreement did 62362452 not exist and shall be entitled, among other things, to grant Borrower or any other Person such extension or extensions of time to perform any act or acts as may be deemed advisable by Agent, at any time and from time to time, without terminating, affecting or impairing the validity of this Agreement or the obligations of Guarantor Recourse Liability Party hereunder.
Appears in 1 contract
Samples: Recourse Liability Agreement (Ashford Hospitality Prime, Inc.)
Agent’s and Lenders’ Ability to Act. Agent and Lenders may deal with Borrower, Affiliates of Borrower and the Collateral in the same manner and as freely as if this Agreement Indemnity did not exist and shall be entitled, among other things, to grant Borrower or any other Person such extension or extensions of time to perform any act or acts as may be deemed advisable 62526567 9 by Agent, at any time and from time to time, without terminating, affecting or impairing the validity of this Agreement Indemnity or the obligations of Guarantor Indemnitors hereunder.
Appears in 1 contract
Samples: Environmental Indemnity (Ashford Hospitality Prime, Inc.)
Agent’s and Lenders’ Ability to Act. Agent and Lenders may deal with Borrower, Affiliates of Borrower and the Collateral in the same manner and as freely as if this Agreement did not exist and shall be entitled, among other things, to grant Borrower or any other Person such extension or extensions of time to perform any act or acts as may be deemed advisable by Agent, at any time and from time to time, without terminating, affecting or impairing the validity of this Agreement or the obligations of Guarantor Recourse Liability Parties hereunder.
Appears in 1 contract
Samples: Recourse Liability Agreement (Ashford Hospitality Prime, Inc.)
