Amendments, etc. with Respect to the Obligations; Waiver of Rights. Each New Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against such New Guarantor and without notice to or further assent by such New Guarantor, (a) any demand for payment of any of the Obligations made by the Administrative Agent or any Lender may be rescinded by such party and any of the Obligations continued, (b) the Obligations, or the liability of any other party upon or for any part thereof, or any guarantee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 Administrative Agent or any Lender, (c) the Credit Agreement and any other documents executed and delivered in connection may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders, as the case may be) may deem advisable from time to time, and (d) any guarantee or right of offset at any time held by the Administrative Agent or any Lender for the payment of the Obligations may be sold, exchanged, waived, surrendered or released.
Appears in 2 contracts
Samples: Guarantee (Intelsat S.A.), Guarantee (Intelsat S.A.)
Amendments, etc. with Respect to the Obligations; Waiver of Rights. Each New The Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against such New the Guarantor and without notice to or further assent by such New the Guarantor, (a) any demand for payment or performance of any of the Obligations made by the Administrative Agent or any Lender Beneficiary may be rescinded by such party and any of the Obligations continued, (b) and the Obligations, or the liability of any other party upon or for any part thereof, or any guarantee collateral security or guaranty 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 Administrative Agent or any Lender, (c) the Credit Agreement Beneficiary and any Relevant Document and/or any collateral security document or other documents executed and delivered guaranty or document in connection therewith, may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders, as the case may be) parties thereto may deem advisable from time to time, and (d) any guarantee collateral security, guaranty or right of offset at any time held by the Administrative Agent or any Lender Beneficiary for the payment or performance of the Obligations may be sold, exchanged, waived, surrendered or released.
Appears in 2 contracts
Samples: Trustee Parent Guarantee (Placer Sierra Bancshares), Trustee Parent Guarantee (Northwest Airlines Inc /Mn)
Amendments, etc. with Respect to the Obligations; Waiver of Rights. Each New Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against such New Guarantor any Guarantor, and without notice to or further assent by such New any Guarantor, (a) any demand for payment of any of the Obligations made by the Administrative Agent or any Lender may be rescinded by such party the Lender, and any of the Obligations continued, (b) the Obligations, or the liability of any other party Person upon or for any part thereof, or any 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 Administrative Agent or any Lender, (c) the Credit Agreement and the other Loan Documents and any other documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders, as the case may be) may deem advisable from time to time, and (d) any guarantee or right of offset at any time held by the Administrative Agent or any Lender for the payment of the Obligations may be sold, exchanged, waived, surrendered or released.
Appears in 1 contract
Amendments, etc. with Respect to the Obligations; Waiver of Rights. Each New The Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against such New the Guarantor and without notice to or further assent by such New the Guarantor, (a) any demand for payment or performance of any of the Obligations made by the Administrative Agent or any Lender Beneficiary may be rescinded by such party and any of the Obligations continued, (b) and the Obligations, or the liability of any other party upon or for any part thereof, or any guarantee collateral security or guaranty therefor or right of offset with respect thereto, may, may from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by the Administrative Agent or any Lender, (c) the Credit Agreement Beneficiary and any Relevant Document and/or any collateral security document or other documents executed and delivered guaranty or document in connection therewith, may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders, as the case may be) parties thereto may deem advisable from time to time, and (d) any guarantee collateral security, guaranty or right of offset at any time held by the Administrative Agent or any Lender Beneficiary for the payment or performance of the Obligations may be sold, exchanged, waived, surrendered or released.
Appears in 1 contract
Samples: Trustee Parent Guarantee (Placer Sierra Bancshares)
Amendments, etc. with Respect to the Obligations; Waiver of Rights. Each New Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against such New Guarantor and without notice to or further assent by such New Guarantor, (a) any demand for payment of any of the Obligations made by the Administrative Agent or any Lender Purchasers may be rescinded by such party and any of the Obligations continued, (b) the 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 Administrative Agent or any LenderPurchasers, (c) the Credit Agreement Note and Warrant Purchase Agreement, the other Transaction Documents and any other documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders, as the case may be) may deem advisable from time to time, and (d) any collateral security, guarantee or right of offset at any time held by the Administrative Agent or any Lender Purchasers for the payment of the Obligations may be sold, exchanged, waived, surrendered or released. When making any demand hereunder against Guarantor, the Purchasers may, but shall be under no obligation to, make a similar demand on Amicus UK, Amicus UK Holding or any of their successors and permitted assigns.
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Amicus Therapeutics Inc)
Amendments, etc. with Respect to the Obligations; Waiver of Rights. Each New Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against such New Guarantor and without notice to or further assent by such New Guarantor, (a) any demand for payment of any of the Obligations made by the Administrative Agent or any Lender Purchasers may be rescinded by such party and any of the Obligations continued, (b) the 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 Administrative Agent or any LenderPurchasers, (c) the Credit Agreement Note and Warrant Purchase Agreement, the other Transaction Documents and any other documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Administrative Agent (or the Required Lenders, as the case may be) may deem advisable from time to time, and (d) any collateral security, guarantee or right of offset at any time held by the Administrative Agent or any Lender Purchasers for the payment of the Obligations may be sold, exchanged, waived, surrendered or released. When making any demand hereunder against Guarantor, the Purchasers may, but shall be under no obligation to, make a similar demand on Amicus UK or any of its successors and permitted assigns.
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Amicus Therapeutics Inc)