Authorizations to Lender. Guarantor authorizes Lender, without notice or demand and without affecting Guarantor’s liability hereunder, from time to time (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the Note, including increasing the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of time; (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the Loan Documents or any of the Obligations; (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s discretion, may determine; (d) to proceed against Borrower, Guarantor or any other guarantor with respect to any or all of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Borrower, any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing Borrower, Guarantor, or any other guarantor, endorser or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligations.
Appears in 3 contracts
Samples: Conditional Consent Agreement (Hudson Pacific Properties, Inc.), Guaranty Agreement (Griffin Land & Nurseries Inc), Guaranty Agreement (Griffin Land & Nurseries Inc)
Authorizations to Lender. Guarantor authorizes Lender, without notice or demand and without affecting Guarantor’s liability hereunder, from time to time time, to: (ai) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the Note, including increasing any increase in the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of time; (bii) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the Loan Documents or any of the Obligations; (ciii) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s discretion, may determine; (div) to proceed against Borrower, Borrower or Guarantor or any other guarantor with respect to any or all of the Obligations without first foreclosing against any security therefor; (ev) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (fvi) to release or substitute BorrowerBorrower or any one or more of any other guarantor, any other guarantors, endorsersendorser, or any other parties party who may be or become liable with respect to the Obligations, without any release or reduction in liability being deemed made of Guarantor or any other such personperson or entity; and (gvii) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing Borrower, Guarantor, or any other guarantor, or any endorser or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligations.
Appears in 3 contracts
Samples: Guaranty Agreement (Hemcure Inc), Guaranty Agreement (Hemcure Inc), Guaranty Agreement (Hemcure Inc)
Authorizations to Lender. Guarantor authorizes Lender, without notice to or demand on Guarantor, and without affecting Guarantor’s liability hereunder, from time to time to: (a) to alter, compromise, renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify change the terms of the NoteNote Indebtedness or any portion thereof, including increasing increase or decrease of the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of timethereon; (b) to renew, extend, change, amend, alter, cancel, compromise take and hold security for the payment of this Guaranty or otherwise modify any of the terms, covenants, conditions or provisions of any of the Loan Documents Note Indebtedness or any of the Obligationsportion thereof, and exchange, enforce, waive, subordinate or release any such security; (c) to apply any such security and direct the order or manner of sale thereof thereof, including without limitation, a non-judicial sale permitted by the terms of the controlling security agreement, mortgage or deed of trust, as Lender, Lender in Lender’s discretion, its discretion may determine; (d) to proceed against Borrower, Guarantor release or substitute any one or more of the endorsers or any other guarantor with respect to any or all guarantors of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Borrower, any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the ObligationsNote Indebtedness, or any of them, without releasing Borrower, Guarantorportion thereof, or any other guarantor, endorser or other party who may be or become liable with respect thereto; and (e) apply payments received by Lender from the Borrower to the Obligations, from any liability for the balance Note Indebtedness of the ObligationsBorrower to Lender, in such order as Lender shall determine in its sole discretion, whether or not such Note Indebtedness is covered by this Guaranty, and Guarantor hereby waives any provision of law regarding application of payments which specifies otherwise. Lender may without notice assign this Guaranty in whole or in part. Upon Xxxxxx’s request, Xxxxxxxxx agrees to provide to Xxxxxx copies of Guarantor’s financial statements.
Appears in 2 contracts
Samples: Guaranty (SeaStar Medical Holding Corp), Guaranty (SeaStar Medical Holding Corp)
Authorizations to Lender. Guarantor authorizes Lender, without notice or demand and without affecting Guarantor’s liability hereunder, from time to time time, (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the Note, including increasing the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of time; , (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the other Loan Documents or any of the Obligations; obligations thereunder, (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s sole discretion, may determine; , (d) to proceed against Borrower, (x) Borrower with respect to any or all of the obligations under the Loan Documents or (y) Guarantor or any other guarantor with respect to any or all of the Obligations Obligations, in each case, without first foreclosing against any security therefor; , (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; obligations under the Loan Documents, (f) to release or substitute Borrower, Borrower any other guarantors, endorsers, or other parties who that may be or become liable with respect to the ObligationsObligations or any other obligations under the Loan Documents, without any release being deemed made of Guarantor or any other such person; Person and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligationsobligations under the Loan Documents, or any of them, without releasing Borrower, Guarantor, or any other guarantor, endorser or other party who that may be or become liable with respect to the Obligations, from any liability for the balance of the Obligationsobligations under the Loan Documents.
Appears in 2 contracts
Samples: Guaranty Agreement (GTJ REIT, Inc.), Guaranty Agreement (GTJ REIT, Inc.)
Authorizations to Lender. Guarantor authorizes Lender, without notice or demand and without affecting Guarantor’s 's liability hereunder, from time to time (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the Note, including increasing the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of time; (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the Loan Documents or any of the Obligations; (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s 's discretion, may determine; (d) to proceed against Borrower, Guarantor or any other guarantor with respect to any or all of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Borrower, any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing Borrower, Guarantor, or any other guarantor, endorser or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligations.
Appears in 2 contracts
Samples: Limited Guaranty Agreement (Sonesta International Hotels Corp), Limited Guaranty Agreement (Sonesta International Hotels Corp)
Authorizations to Lender. Each Guarantor authorizes LenderLender either before or after revocation hereof, without notice to or demand on such Guarantor, and without affecting such Guarantor’s liability hereunder, from time to time to: (a) to alter, compromise, renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify change the terms of the NoteObligations or any portion thereof, including increasing increase or decrease of the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of timethereon; (b) to renew, extend, change, amend, alter, cancel, compromise take and hold security for the payment of this Guaranty or otherwise modify any of the terms, covenants, conditions or provisions of any of the Loan Documents Obligations or any of the Obligationsportion thereof, and exchange, enforce, waive, subordinate or release any such security; (c) to apply any such security and direct the order or manner of sale thereof thereof, including without limitation, a non-judicial sale permitted by the terms of the controlling security agreement, mortgage or deed of trust, as Lender, Lender in Lender’s discretion, its discretion may determine; (d) to proceed against Borrower, Guarantor release or substitute any one or more of the endorsers or any other guarantor with respect to any or all of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Borrower, any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction guarantors of the Obligations, or any of them, without releasing Borrower, Guarantorportion thereof, or any other guarantor, endorser or other party who may be or become liable with respect thereto; and (e) apply payments received by Lender from Borrower to any portion of the Obligations, from in such order as Lender shall determine in its sole discretion, whether or not such Obligations are covered by this Guaranty, and such Guarantor hereby waives any liability for the balance provision of the Obligationslaw regarding application of payments which specifies otherwise. Lender may without notice assign this Guaranty in whole or in part. Upon Xxxxxx’s request, each Guarantor agrees to provide to Lender copies of such Guarantor’s financial statements.
Appears in 1 contract
Authorizations to Lender. Guarantor authorizes Lender, without notice or demand and without affecting Guarantor’s liability hereunder, from time to time Each Subordinated Lender (a) to renew, extend, accelerate irrevocably authorizes and empowers (without imposing any obligation on) the Lender (or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms applicable agent on behalf of the NoteLender) to demand, including increasing xxx for, collect, receive and give receipts for all payments and distributions on or in respect of its Subordinated Indebtedness which are required to be paid or delivered to the rate Lender (or rates the applicable agent on behalf of interest thereunder agreed to by Borrowerthe Lender) as provided herein, and to grant any indulgencesfile and prove all claims therefor and take all such other action, forbearancesin the name of such Subordinated Lender or otherwise, as the Lender (or extensions applicable agent on behalf of time; the Lender) may determine to be necessary or appropriate for the enforcement of these subordination provisions, all in such manner as the Lender shall instruct or otherwise in accordance with the Guaranty, (b) irrevocably authorizes and empowers (without imposing any obligation) the Lender to renewvote the (including, extendwithout limitation, changevoting its Subordinated Indebtedness in favor of or in opposition to any matter which may come before any meeting of creditors of the Guarantor generally or in connection with, amendor in anticipation of, alterany insolvency or bankruptcy case or proceeding, cancelor any proceeding under any laws relating to the relief of debtors, compromise readjustment of indebtedness, arrangements, reorganizations, compositions or extensions relative to the Guarantor) in such manner as the Lender shall instruct or otherwise modify any of in accordance with the termsGuaranty, covenants, conditions or provisions of any of the Loan Documents or any of the Obligations; and (c) agrees to apply any security execute and direct deliver to the Lender (or applicable agent on behalf of the Lender) all such further instruments confirming the above authorization, and all such powers of attorney, proofs of claim, assignments of claim and other instruments, and to take all such other action, as may be requested by the Lender in order to enable the Lender (or manner the applicable agent on behalf of sale thereof as the Lender, in Lender’s discretion, may determine; (d) to proceed against Borrower, Guarantor enforce all claims upon or any other guarantor with in respect to any or all of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Borrower, any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing Borrower, Guarantor, or any other guarantor, endorser or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligationsits Subordinated Indebtedness.
Appears in 1 contract
Samples: Second Amended and Restated Guaranty (First Wind Holdings Inc.)
Authorizations to Lender. Guarantor authorizes The Affiliate Guarantors authorize Lender, without notice or demand and without affecting Guarantor’s the Affiliate Guarantors’ liability hereunder, from time to time (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the Noterespective Notes, including increasing the rate or rates of interest thereunder agreed to by Borrowerthe Borrowers, and to grant any indulgences, forbearances, or extensions of time; (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the Security Instruments or any of the other Loan Documents or any of the Obligations; (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s sole discretion, may determine; (d) to proceed against Borrowerthe Borrowers (collectively, Guarantor or any of them, individually),or any other guarantor with respect to any or all of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Borrowerthe Borrowers (collectively, or any of them, individually) any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor the Affiliate Guarantors or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing Borrowerthe Borrowers (collectively, Guarantoror any of them, individually), or any other guarantor, endorser or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligations.
Appears in 1 contract
Authorizations to Lender. Each Guarantor authorizes LenderLender either before or after revocation hereof, without notice to, demand on, or demand consent of Guarantor, and without affecting such Guarantor’s liability hereunder, from time to time to: (a) to alter, compromise, renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify change the terms of the NoteIndebtedness or any portion thereof, including increasing increase or decrease of the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of timethereon; (b) do any and all of the following with respect to renewany document or instrument now or hereafter entered into in connection with the Indebtedness or otherwise evidencing and/or securing any portion of the Indebtedness (collectively, extend, change, the “Loan Documents”): (i) amend, alteramend and restate, cancelsupplement, compromise replace, or otherwise modify any of the terms, covenants, conditions or provisions Loan Document; (ii) waive compliance with any provision of any Loan Document on any number of the occasions; (iii) consent to departure from any provision of any Loan Documents Document on any number of occasions; and/or (iv) forbear from exercising any rights or remedies of Lender in connection with a breach of any provision of the Obligationsany Loan Document for any duration of time and on any number of occasions; (c) to take and hold security for the payment of this Guaranty or the Indebtedness or any portion thereof, and exchange, enforce, waive, subordinate or release any such security; (d) apply any such security and direct the order or manner of sale thereof thereof, including without limitation, a non-judicial sale permitted by the terms of the controlling security agreement, mortgage or deed of trust, as Lender, Lender in Lender’s discretion, its discretion may determine; (de) to proceed against Borrower, Guarantor release or substitute any one or more of the endorsers or any other guarantor with respect to any or all guarantors of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Borrower, any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the ObligationsIndebtedness, or any of them, without releasing Borrower, Guarantorportion thereof, or any other guarantor, endorser or other party who may be or become liable with respect thereto; and (f) apply payments received by Lender from the Borrower to the Obligations, from any liability for the balance Indebtedness of the ObligationsBorrower to Lender, in such order as Lender shall determine in its sole discretion, whether or not such Indebtedness is covered by this Guaranty, and each Guarantor hereby waives any provision of law regarding application of payments which specifies otherwise. Lender may without notice assign this Guaranty in whole or in part.
Appears in 1 contract
Samples: Continuing Guaranty (Englobal Corp)
Authorizations to Lender. Guarantor authorizes Lender, without notice or demand and without affecting Guarantor’s liability hereunder, from time to time time, to: (ai) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the Note, including increasing any increase in the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of time; (bii) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the Loan Documents or any of the Obligations; (ciii) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s sole and absolute discretion, may determine; (div) to proceed against Borrower, Borrower or Guarantor or any other guarantor with respect to any or all of the Obligations without first foreclosing against any security therefor; (ev) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (fvi) to release or substitute BorrowerBorrower or any one or more of any other guarantor, any other guarantors, endorsersendorser, or any other parties party who may be or become becomes liable with respect to the Obligations, without any release or reduction in liability being deemed made of Guarantor or any other such personperson or entity; and (gvii) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing Borrower, Guarantor, or any other guarantor, or any endorser or other party who may be or become becomes liable with respect to the Obligations, from any liability for the balance of the Obligations.
Appears in 1 contract
Samples: Guaranty Agreement (Hemcure Inc)
Authorizations to Lender. Guarantor authorizes Lender, without notice or demand and without affecting Guarantor’s liability hereunder, from time to time (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of any of the NoteNotes, including increasing the rate or rates of interest thereunder agreed to by the applicable Borrower, and to grant any indulgences, forbearances, or extensions of time; , (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the other Loan Documents or any of the Obligations; , (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s sole discretion, may determine; , (d) to proceed against any Borrower, Guarantor or any other guarantor with respect to any or all of the Obligations without first foreclosing against any security therefor; , (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; , (f) to release or substitute Borrower, any Borrower any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor or any other such person; person and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing BorrowerBorrowers (collectively, or any of them, individually), Guarantor, or any other guarantor, endorser or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligations.
Appears in 1 contract
Samples: Guaranty Agreement (GTJ REIT, Inc.)
Authorizations to Lender. Guarantor authorizes Lender, without notice or demand and without affecting Guarantor’s 's liability hereunder, from time to time (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the Cambridge Note, including increasing the rate or rates of interest thereunder agreed to by Cambridge Borrower, and to grant any indulgences, forbearances, or extensions of time; (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the Cambridge Loan Documents or any of the Obligations; (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s 's discretion, may determine; (d) to proceed against Cambridge Borrower, Guarantor or any other guarantor with respect to any or all of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Cambridge Borrower, any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing Cambridge Borrower, Guarantor, or any other guarantor, endorser or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligations.
Appears in 1 contract
Samples: Non Recourse Guaranty Agreement (Sonesta International Hotels Corp)
Authorizations to Lender. Guarantor authorizes Lender, without notice or demand and without affecting Guarantor’s 's liability hereunder, from time to time (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the Note, including increasing the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of time; (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the Loan Documents or any of the Obligations; (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s 's sole and absolute discretion, may determine; ;
(d) to proceed against Borrower, Borrower or Guarantor or any other guarantor with respect to any or all of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Borrower, any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing Borrower, Guarantor, or any other guarantor, endorser or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligations.
Appears in 1 contract
Samples: Recourse Carve Out Guaranty (Indus International Inc)
Authorizations to Lender. Guarantor authorizes Lender, without notice or demand and without affecting Guarantor’s liability hereunder, from time to time time, (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the NoteNotes, including increasing the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of time; , (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the other Loan Documents or any of the Obligations; obligations thereunder, (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s sole discretion, may determine; , (d) to proceed against Borrower, (x) Borrower with respect to any or all of the obligations under the Loan Documents or (y) Guarantor or any other guarantor with respect to any or all of the Obligations Obligations, in each case, without first foreclosing against any security therefor; , (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; obligations under the Loan Documents, (f) to release or substitute Borrower, Borrower any other guarantors, endorsers, or other parties who that may be or become liable with respect to the Obligationsobligations under the Loan Documents, without any release being deemed made of Guarantor or any other such person; Person and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligationsobligations under the Loan Documents, or any of them, without releasing Borrower, Guarantor, or any other guarantor, endorser or other party who that may be or become liable with respect to the Obligations, from any liability for the balance of the Obligationsobligations under the Loan Documents.
Appears in 1 contract
Samples: Guaranty Agreement (GTJ REIT, Inc.)
Authorizations to Lender. Guarantor authorizes Lender, without notice or demand and without affecting Guarantor’s liability hereunder, from time to time (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the NoteNotes, including increasing the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of time; , (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the other Loan Documents or any of the Obligations; obligations thereunder, (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s sole discretion, may determine; , (d) to proceed against Borrower, (x) Borrower with respect to any or all of the obligations under the Loan Documents or (y) Guarantor or any other guarantor with respect to any or all of the Obligations Obligations, in each case, without first foreclosing against any security therefor; , (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; obligations under the Loan Documents, (f) to release or substitute Borrower, Borrower any other guarantors, endorsers, or other parties who that may be or become liable with respect to the Obligationsobligations under the Loan Documents, without any release being deemed made of Guarantor or any other such person; Person and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligationsobligations under the Loan Documents, or any of them, without releasing Borrower, Guarantor, or any other guarantor, endorser or other party who that may be or become liable with respect to the Obligations, from any liability for the balance of the Obligationsobligations under the Loan Documents.
Appears in 1 contract
Authorizations to Lender. Each Guarantor authorizes LenderLender either before or after revocation hereof, without notice to or demand on such Guarantor, and without affecting such Guarantor’s 's liability hereunder, from time to time to: (a) to alter, compromise, renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify change the terms of the NoteIndebtedness or any portion thereof, including increasing increase or decrease of the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of timethereon; (b) to renew, extend, change, amend, alter, cancel, compromise take and hold security for the payment of this Guaranty or otherwise modify any of the terms, covenants, conditions or provisions of any of the Loan Documents Indebtedness or any of the Obligationsportion thereof, and exchange, enforce, waive, subordinate or release any such security; (c) to apply any such security and direct the order or manner of sale thereof thereof, including without limitation, a non-judicial sale permitted by the terms of the controlling security agreement, mortgage or deed of trust, as Lender, Lender in Lender’s discretion, its discretion may determine; (d) to proceed against Borrower, Guarantor release or substitute any one or more of the endorsers or any other guarantor with respect to any or all guarantors of the Obligations without first foreclosing against any security therefor; Indebtedness (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Borrower, including any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligationshereunder), or any of them, without releasing Borrower, Guarantorportion thereof, or any other guarantorparty thereto; and (e) apply payments received by Lender from the Borrower to any Indebtedness of the Borrower to Lender, endorser in such order as Lender shall determine in its sole discretion, whether or not such Indebtedness is covered by this Guaranty, and each Guarantor hereby waives any provision of law regarding application of payments which specifies otherwise. Lender may without notice assign this Guaranty in whole or in part. Upon Lender's request, each Guarantor agrees to provide to Lender copies of such Guarantor's financial statements and, in any case, shall cooperate with Borrower in providing any financial information related to such Guarantor as may be required pursuant to the terms of any loan, credit or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligationsagreement by and between Borrower and Lender.
Appears in 1 contract
Samples: Guaranty (Turtle Beach Corp)
Authorizations to Lender. Guarantor authorizes Lender, without ------------------------ notice or demand and without affecting Guarantor’s 's liability hereunder, from time to time (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the NoteNotes, including increasing the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of time; (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the Loan Documents or any of the Obligations; (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s 's discretion, may determine; (d) to proceed against Borrower, Guarantor or any other guarantor with respect to any or all of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Borrower, any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing Borrower, Guarantor, or any other guarantor, endorser or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligations.
Appears in 1 contract
Authorizations to Lender. Guarantor Surety authorizes Lender, without notice or demand and without affecting GuarantorSurety’s liability hereunder, from time to time (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the Note, including increasing the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of time; (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the Loan Documents or any of the Obligations; (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s discretion, may determine; (d) to proceed against Borrower, Guarantor Surety or any other guarantor surety with respect to any or all of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Borrower, any other guarantorssureties, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor Surety or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing Borrower, GuarantorSurety, or any other guarantorsurety, endorser or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligations.
Appears in 1 contract
Authorizations to Lender. Guarantor authorizes Lender, without notice or demand and without affecting Guarantor’s liability hereunder, from time to time (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the NoteNotes or the Vacancy Risk Agreement, including increasing the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of time; (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the Loan Documents or any of the Obligations; (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s discretion, may determine; (d) to proceed against Borrower, Guarantor or any other guarantor with respect to any or all of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Borrower, any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing Borrower, Guarantor, or any other guarantor, endorser or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligations.
Appears in 1 contract
Samples: Guaranty Agreement (Griffin Capital Essential Asset REIT II, Inc.)
Authorizations to Lender. Guarantor authorizes Guarantors authorize Lender, without notice or demand and without affecting Guarantor’s Guarantors' liability hereunder, from time to time time, to: (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the Note, including increasing any increase in the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of time; (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the Loan Documents or any of the Obligations; (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s 's discretion, may determine; (d) to proceed against Borrower, Guarantor Borrower or any other guarantor Guarantors with respect to any or all of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute BorrowerBorrower or any one or more of any other guarantor, any other guarantors, endorsersindorser, or any other parties party who may be or become liable with respect to the Obligations, without any release or reduction in liability being deemed made of Guarantor any guarantor or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing Borrower, Guarantorany guarantor, or any other guarantor, endorser indorser or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligations.
Appears in 1 contract
Authorizations to Lender. Guarantor authorizes Lender, without notice or demand and without affecting Guarantor’s liability hereunder, from time to time (a) to renew, extend, accelerate or otherwise change the time for payment of, change, amend, alter, cancel, compromise or otherwise modify the terms of the NoteNotes, including increasing the rate or rates of interest thereunder agreed to by Borrower, and to grant any indulgences, forbearances, or extensions of time; (b) to renew, extend, change, amend, alter, cancel, compromise or otherwise modify any of the terms, covenants, conditions or provisions of any of the Loan Documents or any of the Obligations; (c) to apply any security and direct the order or manner of sale thereof as Lender, in Lender’s discretion, may determine; (d) to proceed against Borrower, Guarantor or any other guarantor with respect to any or all of the Obligations without first foreclosing against any security therefor; (e) to exchange, release, surrender, impair or otherwise deal in any manner with, or waive, release or subordinate any security interest in, any security for the Obligations; (f) to release or substitute Borrower, any other guarantors, endorsers, or other parties who may be or become liable with respect to the Obligations, without any release being deemed made of Guarantor or any other such person; and (g) to accept a conveyance or transfer to Lender of all or any part of any security in partial satisfaction of the Obligations, or any of them, without releasing Borrower, Guarantor, or any other guarantor, endorser or other party who may be or become liable with respect to the Obligations, from any liability for the balance of the Obligations.
Appears in 1 contract
Samples: Guaranty Agreement (Griffin Capital Essential Asset REIT, Inc.)