Common use of Amendments, etc. with Respect to the Applicable Obligations Clause in Contracts

Amendments, etc. with Respect to the Applicable Obligations. Each Guarantor shall remain obligated under this Article XIV notwithstanding that, without any reservation of rights against such Guarantor, and without notice to or further assent by such Guarantor, any demand for payment of or reduction in the principal amount of any of the applicable Obligations made by the Agents, any Facing Agent or any Lender may be rescinded by the Agents, any Facing Agent or such Lender, and any of the applicable Obligations continued, and the applicable Obligations, or the liability of any other party upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Agents, any Facing Agent or any Lender, and this Agreement and any other documents executed and delivered in connection herewith may be amended, modified, supplemented or terminated, in whole or in part, as the Lenders (or the Required Lenders, as the case may be) may deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by the Agents, any Facing Agent or any Lender for the payment of the applicable Obligations may be sold, exchanged, waived, surrendered or released. None of the Agents, any Facing Agent nor any Lender shall have any obligation to protect, secure, perfect or insure any lien at any time held by it as security for the applicable Obligations or for the guarantee contained in this Article XIV or any property subject thereto.

Appears in 6 contracts

Samples: Credit Agreement (Crown Holdings Inc), Credit Agreement (Crown Holdings Inc), Pledge Agreement (Crown Holdings Inc)

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Amendments, etc. with Respect to the Applicable Obligations. Each The Investor Guarantor shall remain obligated under this Article XIV Section 12.10 notwithstanding that, that (i) without any reservation of rights against such the Investor Guarantor, and (ii) without notice to or further assent by such the Investor Guarantor, (x) any demand for payment of or reduction in the principal amount of any of the applicable Obligations made by the Agents, any Facing Administrative Agent or any Lender may be rescinded by the Agentsrescinded, any Facing Agent or such Lender, and (y) any of the applicable Obligations may be continued, increased in amount, or otherwise modified, and the applicable Obligations, or the liability of any other party upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Agents, any Facing Administrative Agent or any Lender, and (z) this Agreement and any other documents executed and delivered in connection herewith may be amended, modified, supplemented or terminated, in whole or in part, as the Lenders (or the Required requisite Lenders, as the case may be) may deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by the Agents, any Facing Administrative Agent or any Lender for the payment of the applicable Obligations may be sold, exchanged, waived, surrendered or released. None of the Agents, any Facing Administrative Agent nor or any Lender shall have any obligation to protect, secure, perfect or insure any lien Lien at any time held by it as security for the applicable Obligations or for the guarantee Guarantee contained in this Article XIV Section 12.10 or any property subject thereto.

Appears in 2 contracts

Samples: Credit Agreement (Kimco Realty Corp), Credit Agreement (Kimco Realty Corp)

Amendments, etc. with Respect to the Applicable Obligations. Each Guarantor shall remain obligated under this Article XIV IX notwithstanding that, without any reservation of rights against such Guarantor, and without notice to or further assent by such Guarantor, any demand for payment of or reduction in the principal amount of any of the applicable Obligations made by the Agents, any Facing Agent the Issuing Bank or any Lender may be rescinded by the Agents, any Facing Agent the Issuing Bank or such Lender, and any of the applicable Obligations continued, and the applicable Obligations, or the liability of any other party upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Agents, any Facing Agent the Issuing Bank or any Lender, and this Agreement and any other documents executed and delivered in connection herewith may be amended, modified, supplemented or terminated, in whole or in part, as the Lenders (or the Required Requisite Lenders, as the case may be) may deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by the Agents, any Facing Agent the Issuing Bank or any Lender for the payment of the applicable Obligations may be sold, exchanged, waived, surrendered or released. None of the Agents, any Facing Agent the Issuing Bank nor any Lender shall have any obligation to protect, secure, perfect or insure any lien at any time held by it as security for the applicable Obligations or for the guarantee contained in this Article XIV IX or any property subject thereto.

Appears in 1 contract

Samples: Credit Agreement (Crown Holdings Inc)

Amendments, etc. with Respect to the Applicable Obligations. Each FTC Guarantor shall remain obligated under this Article XIV Section 12.9 notwithstanding that, that (i) without any reservation of rights against such any FTC Guarantor, and (ii) without notice to or further assent by such any FTC Guarantor, (x) any demand for 386 payment of or reduction in the principal amount of any of the applicable Obligations made by the Agents, any Facing Administrative Agent or any Lender may be rescinded by the Agentsrescinded, any Facing Agent or such Lender, and (y) any of the applicable Obligations may be continued, increased in amount, or otherwise modified, and the applicable Obligations, or the liability of any other party upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Agents, any Facing Administrative Agent or any Lender, and (z) this Agreement and any other documents executed and delivered in connection herewith may be amended, modified, supplemented or terminated, in whole or in part, as the Lenders (or the Required requisite Lenders, as the case may be) may deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by the Agents, any Facing Administrative Agent or any Lender for the payment of the applicable Obligations may be sold, exchanged, waived, surrendered or released. None of the Agents, any Facing Administrative Agent nor or any Lender shall have any obligation to protect, secure, perfect or insure any lien Lien at any time held by it as security for the applicable Obligations or for the guarantee Guarantee contained in this Article XIV Section 12.9 or any property subject thereto.

Appears in 1 contract

Samples: Credit Agreement (Kimco Realty Corp)

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Amendments, etc. with Respect to the Applicable Obligations. Each Guarantor Kimco shall remain obligated under this Article XIV Section 12.10 notwithstanding that, that (i) without any reservation of rights against such GuarantorKimco, and (ii) without notice to or further assent by such GuarantorKimco, (x) any demand for payment of or reduction in the principal amount of any of the applicable Obligations may be made by the Agents, any Facing Administrative Agent or any Lender may be rescinded by the Agents, any Facing Agent or such Lender, and (y) any of the applicable Obligations may be continued, increased in amount, or otherwise modified, and the applicable Obligations, or the liability of any other party upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Agents, any Facing Administrative Agent or any Lender, and (z) this Agreement and any other documents executed and delivered in connection herewith may be amended, modified, supplemented or terminated, in whole or in part, as the Lenders (or the Majority Lenders or Required Lenders, as the case may be) may deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by the Agents, any Facing Administrative Agent or any Lender for the payment of the applicable Obligations may be sold, exchanged, waived, surrendered or released. None of the Agents, any Facing Administrative Agent nor or any Lender shall have any obligation to protect, secure, perfect or insure any lien Lien at any time held by it as security for the applicable Obligations or for the guarantee contained in this Article XIV Section 12.10 or any property subject thereto.

Appears in 1 contract

Samples: Credit Agreement (Kimco Realty Corp)

Amendments, etc. with Respect to the Applicable Obligations. Each FTC Guarantor shall remain obligated under this Article XIV Section 12.9 notwithstanding that, that (i) without any reservation of rights against such any FTC Guarantor, and (ii) without notice to or further assent by such any FTC Guarantor, (x) any demand for 269 payment of or reduction in the principal amount of any of the applicable Obligations made by the Agents, any Facing Administrative Agent or any Lender may be rescinded by the Agentsrescinded, any Facing Agent or such Lender, and (y) any of the applicable Obligations may be continued, increased in amount, or otherwise modified, and the applicable Obligations, or the liability of any other party upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Agents, any Facing Administrative Agent or any Lender, and (z) this Agreement and any other documents executed and delivered in connection herewith may be amended, modified, supplemented or terminated, in whole or in part, as the Lenders (or the Required requisite Lenders, as the case may be) may deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by the Agents, any Facing Administrative Agent or any Lender for the payment of the applicable Obligations may be sold, exchanged, waived, surrendered or released. None of the Agents, any Facing Administrative Agent nor or any Lender shall have any obligation to protect, secure, perfect or insure any lien Lien at any time held by it as security for the applicable Obligations or for the guarantee Guarantee contained in this Article XIV Section 12.9 or any property subject thereto.

Appears in 1 contract

Samples: Credit Agreement (Kimco Realty Corp)

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