Common use of Certain Rights of Lender Clause in Contracts

Certain Rights of Lender. At any time and from time to time (and whether once or more than once), without the necessity of any reservation of rights against the Guarantor and without notice to, demand on or further assent by the Guarantor or any other person: (a) any collateral security (which term as used in this Guaranty includes other guaranties) held by or available to the Lender in respect of the Liabilities or in respect of any guaranty of the Liabilities may be sold, exchanged, waived, subordinated, surrendered or released, in whole or in part and in any order; (b) any of the Liabilities or the obligations of any other guarantor of the Liabilities may be changed, renewed, extended, continued, accelerated, surrendered, compromised, subordinated, waived or released, in whole or in part, or any default with respect thereto waived or any demand for payment with respect thereto rescinded; (c) the Lender may set off, refrain from setting off or release, in whole or in part, any balance of any and all deposits (general or special) or credits on its books in favour of the Borrower or of any such guarantor, may take or refrain from taking or perfecting any security interest in any collateral security and may exercise or refrain from exercising any right against the Borrower or any other person; (d) the Lender may extend or refrain from extending further credit or financial accommodations in any manner whatsoever to, may accept compositions from and may otherwise generally deal with the Borrower and any other person and with any collateral security as the Lender may see fit; and (e) the Lender may apply all moneys at any time received from the Borrower or any other person or from any collateral security in such manner, in such amounts and against such part of the Liabilities (including Liabilities not covered by this Guaranty) as the Lender considers best and change any such application in whole or in part as the Lender may see fit. All of these actions may be taken without in any way limiting, diminishing or affecting the Guarantor's liability under this Guaranty and without imposing any obligation of trust on the Lender, and no loss of or in respect of any collateral security, whether caused by the fault of the Lender or otherwise, shall in any way limit, diminish or affect the Guarantor's liability under this Guaranty.

Certain Rights of Lender. At The GUARANTOR hereby assents to any and all terms and agreements between the LENDER and the BORROWER or between the LENDER and any other guarantor, and all amendments and modifications thereof, whether presently existing or hereafter made and whether oral or in writing. The LENDER may, without compromising, impairing, diminishing, or in any way releasing the GUARANTOR from the OBLIGATIONS and without notifying or obtaining the prior approval of the GUARANTOR, at any time and or from time to time time: (and whether once a) waive or more than once), without the necessity of any reservation of rights against the Guarantor and without notice to, demand on or further assent excuse a default by the Guarantor BORROWER or any other person: (a) guarantor, or delay in the exercise by the LENDER of any collateral security (which term as used in this Guaranty includes other guaranties) held by or available to the Lender in respect all of the Liabilities LENDER'S rights or in remedies with respect of any guaranty of the Liabilities may be sold, exchanged, waived, subordinated, surrendered to such default or released, in whole or in part and in any order; defaults; (b) grant extensions of time for payment or performance by the BORROWER or any other guarantor; (c) release, substitute, exchange, surrender, or add collateral of the Liabilities BORROWER or the obligations of any other guarantor of the Liabilities may be changed, renewed, extended, continued, accelerated, surrendered, compromised, subordinated, waived or released, in whole or in partguarantor, or any default with respect thereto waived waive, release, or any demand for payment with respect thereto rescinded; (c) the Lender may set off, refrain from setting off or releasesubordinate, in whole or in part, any balance of any and all deposits (general lien or special) or credits on its books in favour of the Borrower or of any such guarantor, may take or refrain from taking or perfecting any security interest in held by the LENDER on any collateral security and may exercise real or refrain from exercising any right against the Borrower personal property securing payment or any other person; (d) the Lender may extend or refrain from extending further credit or financial accommodations in any manner whatsoever toperformance, may accept compositions from and may otherwise generally deal with the Borrower and any other person and with any collateral security as the Lender may see fit; and (e) the Lender may apply all moneys at any time received from the Borrower or any other person or from any collateral security in such manner, in such amounts and against such part of the Liabilities (including Liabilities not covered by this Guaranty) as the Lender considers best and change any such application in whole or in part part, of the obligations of the BORROWER to the LENDER or of any other guarantor; (d) release the BORROWER or any other guarantor; (e) apply payments made by the BORROWER or by any other guarantor to any sums owed by the BORROWER to the LENDER, in any order or manner, or to any specific account or accounts, as the Lender LENDER may see fit. All of these actions may be taken without elect; and (f) modify, change, renew, extend, or amend in any way limitingrespect the LENDER'S agreement with the BORROWER or any other guarantor, diminishing or affecting any document, instrument, or writing embodying or reflecting the Guarantor's liability under this Guaranty and same, including without imposing any obligation of trust on limitation modifications which increase the Lender, and no loss of or in respect of any collateral security, whether caused by the fault amount of the Lender OBLIGATIONS or otherwise, shall in any way limit, diminish or affect extend the Guarantor's liability under this Guarantymaturity of the OBLIGATIONS.

Certain Rights of Lender. At Lender may at any time and from time to time (and whether once time, with or more than once)without consideration, without the necessity of prejudice to any reservation of rights claim against the Guarantor hereunder, without in any way changing, releasing or discharging Guarantor from its liabilities and obligations hereunder and without notice toto or the consent of Guarantor: 7.1 Exchange, demand on release or further assent by the Guarantor surrender all or any other person: (a) any collateral security (which term as used in this Guaranty includes other guaranties) held by or available to the Lender in respect part of the Liabilities or in respect of any guaranty of security for the Liabilities may be sold, exchanged, waived, subordinated, surrendered or released, in whole or in part and in any order; (b) any of the Liabilities or the obligations of any other guarantor of the Liabilities may be changed, renewed, extended, continued, accelerated, surrendered, compromised, subordinated, waived or released, in whole or in part, or any default with respect thereto waived or any demand for payment with respect thereto rescinded; (c) the Loan which Lender may set off, refrain from setting off or release, in whole or in part, any balance of any and all deposits (general or special) or credits on its books in favour of the Borrower or of any such guarantor, may take or refrain from taking or perfecting any security interest in any collateral security and may exercise or refrain from exercising any right against the Borrower or any other person; (d) the Lender may extend or refrain from extending further credit or financial accommodations in any manner whatsoever to, may accept compositions from and may otherwise generally deal with the Borrower and any other person and with any collateral security as the Lender may see fit; and (e) the Lender may apply all moneys at any time received from hold; 7.2 Sell all or any part of the Borrower security for the Loan and become the purchaser thereof at any such sale; 7.3 Settle or compromise with Borrower, or any other person primarily or from secondarily liable with Borrower, the Guaranteed Obligations or any collateral security in such renewal or extension thereof; 7.4 Renew, rearrange or extend the time, manner, in such amounts place or terms of payment and against such part performance of the Liabilities (including Liabilities not covered by this Guaranty) as Guaranteed Obligations or any renewal or extension thereof; 7.5 Forbear, extend the Lender considers best and change any such application in whole time for, or in part as grant indulgences with respect to the Lender may see fit. All of these actions may be taken without in any way limiting, diminishing or affecting the Guarantor's liability under this Guaranty and without imposing any obligation of trust on the Lender, and no loss of or in respect enforcement of any collateral securityof the Guaranteed Obligations or the exercise by Lender of any right or remedy contained in the Loan Documents or available under applicable law, whether caused by the fault of the Lender such enforcement be fully prosecuted or otherwise; 7.6 Supplement, shall in change, amend, substitute, modify, alter or cancel the Guaranteed Obligations or any way limitother Loan Documents; and 7.7 Take other guarantees, diminish collateral or affect security with respect to the Guarantor's liability under this GuarantyGuaranteed Obligations.

Certain Rights of Lender. At LaSalle is hereby authorized, without notice or demand and without affecting the liability of Guarantor hereunder, to at any time and from time to time (i) renew, extend, accelerate or otherwise change the time for payment of, or other terms relating to, Borrower's Liabilities or otherwise modify, amend or change the terms of any promissory note or other agreement, document or instrument now or hereafter executed by Borrower and whether once delivered to LaSalle; (ii) accept partial payments on Borrower's Liabilities; (iii) take and hold security or more than once)collateral for the payment of Borrower's Liabilities guaranteed hereby, or for the payment of this Guaranty, or for the payment of any other guaranties of Borrower's Liabilities or other liabilities of Borrower, and exchange, enforce, waive and release any such security or collateral; (iv) apply such security or collateral and direct the order or manner of sale thereof as in its sole discretion it may determine; and (v) settle, release, compromise, collect or otherwise liquidate Borrower's Liabilities and any security or collateral therefor in any manner, without affecting or impairing the necessity obligations of Guarantor hereunder. LaSalle shall have the exclusive right to determine the time and manner of application of any reservation of rights against the Guarantor and without notice topayments or credits, demand on or further assent by the Guarantor whether received from Borrower or any other person: (a) any collateral security (which term as used in this Guaranty includes other guaranties) held by or available to the Lender in respect of the Liabilities or in respect of any guaranty of the Liabilities source, and such determination shall be binding on Guarantor. All such payments and credits may be soldapplied, exchanged, waived, subordinated, surrendered or released, in whole or in part reversed and in any order; (b) any of the Liabilities or the obligations of any other guarantor of the Liabilities may be changed, renewed, extended, continued, accelerated, surrendered, compromised, subordinated, waived or releasedreapplied, in whole or in part, or to any default with respect thereto waived or any demand for payment with respect thereto rescinded; (c) the Lender may set off, refrain from setting off or release, of Borrower's Liabilities as LaSalle shall determine in whole or in part, any balance of any and all deposits (general or special) or credits on its books in favour of the Borrower or of any such guarantor, may take or refrain from taking or perfecting any security interest in any collateral security and may exercise or refrain from exercising any right against the Borrower or any other person; (d) the Lender may extend or refrain from extending further credit or financial accommodations in any manner whatsoever to, may accept compositions from and may otherwise generally deal with the Borrower and any other person and with any collateral security as the Lender may see fit; and (e) the Lender may apply all moneys at any time received from the Borrower or any other person or from any collateral security in such manner, in such amounts and against such part of the Liabilities (including Liabilities not covered by this Guaranty) as the Lender considers best and change any such application in whole or in part as the Lender may see fit. All of these actions may be taken sole discretion without in any way limiting, diminishing or affecting the Guarantor's liability under this Guaranty and without imposing any obligation validity or enforceability of trust on the Lender, and no loss of or in respect of any collateral security, whether caused by the fault of the Lender or otherwise, shall in any way limit, diminish or affect the Guarantor's liability under this Guaranty.

Certain Rights of Lender. At The GUARANTOR hereby assents to any and all terms and agreements between the LENDER and the BORROWERS (or any of them) or between the LENDER and any other guarantor, and all amendments and modifications thereof, whether presently existing or hereafter made and whether oral or in writing. The LENDER may, without compromising, impairing, diminishing, or in any way releasing the GUARANTOR from the OBLIGATIONS and without notifying or obtaining the prior approval of the GUARANTOR, at any time and or from time to time time: (and whether once a) waive or more than once), without the necessity of any reservation of rights against the Guarantor and without notice to, demand on or further assent excuse a default by the Guarantor BORROWERS (or any of them) or any other person: (a) guarantor, or delay in the exercise by the LENDER of any collateral security (which term as used in this Guaranty includes other guaranties) held by or available to the Lender in respect all of the Liabilities LENDERS rights or in remedies with respect of any guaranty of the Liabilities may be sold, exchanged, waived, subordinated, surrendered to such default or released, in whole or in part and in any order; defaults; (b) grant extensions of time for payment or performance by the BORROWERS or any other guarantor; (c) release, substitute, exchange, surrender, or add collateral of the Liabilities any BORROWER or the obligations of any other guarantor of the Liabilities may be changed, renewed, extended, continued, accelerated, surrendered, compromised, subordinated, waived or released, in whole or in partguarantor, or any default with respect thereto waived waive, release, or any demand for payment with respect thereto rescinded; (c) the Lender may set off, refrain from setting off or releasesubordinate, in whole or in part, any balance of any and all deposits (general lien or special) or credits on its books in favour of the Borrower or of any such guarantor, may take or refrain from taking or perfecting any security interest in held by the LENDER on any collateral security and may exercise real or refrain from exercising any right against the Borrower personal property securing payment or any other person; (d) the Lender may extend or refrain from extending further credit or financial accommodations in any manner whatsoever toperformance, may accept compositions from and may otherwise generally deal with the Borrower and any other person and with any collateral security as the Lender may see fit; and (e) the Lender may apply all moneys at any time received from the Borrower or any other person or from any collateral security in such manner, in such amounts and against such part of the Liabilities (including Liabilities not covered by this Guaranty) as the Lender considers best and change any such application in whole or in part part, of the obligations of the BORROWERS (or any of them) to the LENDER or of any other guarantor; (d) release the BORROWERS (or any of them) or any other guarantor; (e) apply payments made by the BORROWERS or by any other guarantor to any sums owed by the BORROWERS to the LENDER, in any order or manner, or to any specific account or accounts, as the Lender LENDER may see fit. All of these actions may be taken without elect; and (f) modify, change, renew, extend, or amend in any way limitingrespect the LENDERS agreement with the BORROWERS (or any of them) or any other guarantor, diminishing or affecting any document, instrument, or writing embodying or reflecting the Guarantor's liability under this Guaranty and same, including without imposing any obligation of trust on limitation modifications which increase the Lender, and no loss of or in respect of any collateral security, whether caused by the fault amount of the Lender obligations of the BORROWERS under the LOAN DOCUMENTS or otherwise, shall in any way limit, diminish or affect extend the Guarantor's liability maturity of the obligations of the BORROWERS under this Guarantythe LOAN DOCUMENTS.

Certain Rights of Lender. At any time and from time to time (and whether once or more than once), without the necessity of any reservation of rights against the Guarantor and without notice to, demand on or further assent by the Guarantor or any other person: : (a) any collateral security (which term as used in this Guaranty includes other guaranties) held by or available to the Lender in respect of the Liabilities or in respect of any guaranty of the Liabilities may be sold, exchanged, waived, subordinated, surrendered or released, in whole or in part and in any order; ; (b) any of the Liabilities or the obligations of any other guarantor of the Liabilities may be changed, renewed, extended, continued, accelerated, surrendered, compromised, subordinated, waived or released, in whole or in part, or any default with respect thereto waived or any demand for payment with respect thereto rescinded; ; (c) the Lender may set off, refrain from setting off or release, in whole or in part, any balance of any and all deposits (general or special) or credits on its books in favour favor of the Borrower or of any such guarantor, may take or refrain from taking or perfecting any security interest in any collateral security and may exercise or refrain from exercising any right against the Borrower or any other person; ; (d) the Lender may extend or refrain from extending further credit or financial accommodations in any manner whatsoever to, may accept compositions from and may otherwise generally deal with the Borrower and any other person and with any collateral security as the Lender may see fit; and and (e) the Lender may apply all moneys at any time received from the Borrower or any other person or from any collateral security in such manner, in such amounts and against such part of the Liabilities (including Liabilities not covered by this Guaranty) as the Lender considers best and change any such application in whole or in part as the Lender may see fit. All of these actions may be taken without in any way limiting, diminishing or affecting the Guarantor's ’s liability under this Guaranty and without imposing any obligation of trust on the Lender, and no loss of or in respect of any collateral security, whether caused by the fault of the Lender or otherwise, shall in any way limit, diminish or affect the Guarantor's ’s liability under this Guaranty.

Certain Rights of Lender. At Each of the GUARANTORS hereby assents to any and all terms and agreements between the LENDER and the BORROWERS or between the LENDER and any other GUARANTOR, and all amendments and modifications thereof, whether presently existing or hereafter made and whether oral or in writing. The LENDER may, without compromising, impairing, diminishing, or in any way releasing the GUARANTORS from the GUARANTORS' duties to pay and perform the OBLIGATIONS and without notifying or obtaining the prior approval of any of the GUARANTORS, at any time and or from time to time time: (and whether once a) waive or more than once), without the necessity of any reservation of rights against the Guarantor and without notice to, demand on or further assent excuse a default by the Guarantor BORROWERS or any other person: (a) GUARANTOR, or delay in the exercise of any collateral security (which term as used in this Guaranty includes other guaranties) held by or available to the Lender in respect all of the Liabilities LENDER'S rights or in remedies with respect of any guaranty of the Liabilities may be sold, exchanged, waived, subordinated, surrendered to such default or released, in whole or in part and in any order; defaults; (b) grant extensions of time for payment or performance by the BORROWERS or any other GUARANTOR; (c) release, substitute, exchange, surrender, or add collateral of the Liabilities BORROWERS or the obligations of any other guarantor of the Liabilities may be changed, renewed, extended, continued, accelerated, surrendered, compromised, subordinated, waived or released, in whole or in partGUARANTOR, or any default with respect thereto waived waive, release, or any demand for payment with respect thereto rescinded; (c) the Lender may set off, refrain from setting off or releasesubordinate, in whole or in part, any balance of any and all deposits (general lien or special) or credits on its books in favour of the Borrower or of any such guarantor, may take or refrain from taking or perfecting any security interest in held by the LENDER on any collateral security and may exercise real or refrain from exercising any right against the Borrower personal property securing payment or any other person; (d) the Lender may extend or refrain from extending further credit or financial accommodations in any manner whatsoever toperformance, may accept compositions from and may otherwise generally deal with the Borrower and any other person and with any collateral security as the Lender may see fit; and (e) the Lender may apply all moneys at any time received from the Borrower or any other person or from any collateral security in such manner, in such amounts and against such part of the Liabilities (including Liabilities not covered by this Guaranty) as the Lender considers best and change any such application in whole or in part as part, of the Lender may see fit. All obligations of these actions may be taken without the BORROWERS to the LENDER or of any other GUARANTOR or any other PERSON; (d) release the BORROWERS or any other GUARANTOR or other PERSON from any duties or obligations owed by the BORROWERS or any other GUARANTOR or other PERSON to the LENDER; (e) increase the obligations of the BORROWERS under the LOAN DOCUMENTS; and (f) modify, change, renew, extend, terminate, or amend in any way limiting, diminishing or affecting the Guarantor's liability under this Guaranty and without imposing respect any obligation of trust on the Lender, and no loss of or in respect of any collateral security, whether caused by the fault of the Lender LOAN DOCUMENTS or otherwise, shall in the LENDER'S agreements with the BORROWERS or with any way limit, diminish or affect the Guarantor's liability under this Guarantyother GUARANTOR.

Certain Rights of Lender. At Each EQUITY HOLDER hereby assents to any and all terms and agreements between the LENDER and the BORROWER or between the LENDER and any other party, and all amendments and modifications thereof, whether presently existing or hereafter made and whether oral or in writing; provided, however, that in no event shall such assent have the effect of extending the term of this AGREEMENT beyond the term stated in the Section of this AGREEMENT which is captioned, “Termination Of Agreement.” The LENDER may, without compromising, impairing, diminishing, or in any way releasing each EQUITY HOLDER from its respective obligations hereunder and without notifying or obtaining the prior approval of each EQUITY HOLDER, at any time and or from time to time (and whether once or more than once), without the necessity of any reservation of rights against the Guarantor and without notice to, demand on or further assent by the Guarantor or any other person: time: (a) waive or excuse a default by the BORROWER or delay in the exercise by the LENDER of any collateral security (which term as used in this Guaranty includes other guaranties) held by or available to the Lender in respect all of the Liabilities LENDER’s rights or in remedies with respect of any guaranty of the Liabilities may be sold, exchanged, waived, subordinated, surrendered to such default or released, in whole or in part and in any order; defaults; (b) any grant extensions of the Liabilities or the obligations of any other guarantor of the Liabilities may be changed, renewed, extended, continued, accelerated, surrendered, compromised, subordinated, waived or released, in whole or in part, or any default with respect thereto waived or any demand time for payment with respect thereto rescinded; or performance by the BORROWER; (c) release, substitute, exchange, surrender, or add collateral of the Lender may set offBORROWER or waive, refrain from setting off release, or releasesubordinate, in whole or in part, any balance of any and all deposits (general lien or special) or credits on its books in favour of the Borrower or of any such guarantor, may take or refrain from taking or perfecting any security interest in held by the LENDER on any collateral security and may exercise real or refrain from exercising any right against the Borrower personal property securing payment or any other person; (d) the Lender may extend or refrain from extending further credit or financial accommodations in any manner whatsoever toperformance, may accept compositions from and may otherwise generally deal with the Borrower and any other person and with any collateral security as the Lender may see fit; and (e) the Lender may apply all moneys at any time received from the Borrower or any other person or from any collateral security in such manner, in such amounts and against such part of the Liabilities (including Liabilities not covered by this Guaranty) as the Lender considers best and change any such application in whole or in part part, of the obligations of the BORROWER to the LENDER or of any other party; (d) apply payments made by the BORROWER or by any other party to any sums owed by the BORROWER to the LENDER, in any order or manner, or to any specific account or accounts, as the Lender LENDER may see fit. All of these actions may be taken without elect; and (e) modify, change, renew, extend, or amend in any way limiting, diminishing or affecting the Guarantor's liability under this Guaranty and without imposing respect any obligation of trust on the Lender, and no loss of or in respect of any collateral security, whether caused by the fault of the Lender LOAN DOCUMENTS or otherwiseany of the other agreements between the LENDER and the BORROWER or any other party, shall in or any way limitother document, diminish instrument, or affect writing embodying or reflecting the Guarantor's liability under this Guarantysame, including but not limited to modifications which increase the amount of the LOAN or extend the maturity of the LOAN.

Certain Rights of Lender. At The GUARANTOR hereby assents to any and all terms and agreements between the LENDER and any of the BORROWERS or between the LENDER and any other guarantor, and all amendments and modifications thereof, whether presently existing or hereafter made and whether oral or in writing. The LENDER may, without compromising, impairing, diminishing, or in any way releasing the GUARANTOR from the OBLIGATIONS and without notifying or obtaining the prior approval of the GUARANTOR, at any time and or from time to time time: (and whether once a) waive or more than once), without excuse a default by any of the necessity of any reservation of rights against the Guarantor and without notice to, demand on or further assent by the Guarantor BORROWERS or any other person: (a) guarantor, or delay in the exercise by the LENDER of any collateral security (which term as used in this Guaranty includes other guaranties) held by or available to the Lender in respect all of the Liabilities LENDER’S rights or in remedies with respect of any guaranty of the Liabilities may be sold, exchanged, waived, subordinated, surrendered to such default or released, in whole or in part and in any order; defaults; (b) grant extensions of time for payment or performance by any of the Liabilities BORROWERS or by any other guarantor; (c) release, substitute, exchange, surrender, or add collateral of any of the obligations BORROWERS or of any other guarantor of the Liabilities may be changed, renewed, extended, continued, accelerated, surrendered, compromised, subordinated, waived or released, in whole or in partguarantor, or any default with respect thereto waived waive, release, or any demand for payment with respect thereto rescinded; (c) the Lender may set off, refrain from setting off or releasesubordinate, in whole or in part, any balance of any and all deposits (general lien or special) or credits on its books in favour of the Borrower or of any such guarantor, may take or refrain from taking or perfecting any security interest in held by the LENDER on any collateral security and may exercise real or refrain from exercising any right against the Borrower personal property securing payment or any other person; (d) the Lender may extend or refrain from extending further credit or financial accommodations in any manner whatsoever toperformance, may accept compositions from and may otherwise generally deal with the Borrower and any other person and with any collateral security as the Lender may see fit; and (e) the Lender may apply all moneys at any time received from the Borrower or any other person or from any collateral security in such manner, in such amounts and against such part of the Liabilities (including Liabilities not covered by this Guaranty) as the Lender considers best and change any such application in whole or in part part, of the obligations of any of the BORROWERS to the LENDER or of any other guarantor; (d) release any or all of the BORROWERS or any other guarantor; (e) apply payments made by any of the BORROWERS or by any other guarantor to any sums owed by the BORROWERS to the LENDER, in any order or manner, or to any specific account or accounts, as the Lender LENDER may see fit. All of these actions may be taken without elect; and (f) modify, change, renew, extend, or amend in any way limiting, diminishing or affecting respect the Guarantor's liability under this Guaranty and without imposing LENDER’S agreement with any obligation of trust on the Lender, and no loss of or in respect of any collateral security, whether caused by the fault of the Lender BORROWERS or otherwiseany other guarantor, shall in or any way limitdocument, diminish instrument, or affect writing embodying or reflecting the Guarantor's liability under this Guarantysame, including without limitation modifications which increase the amount of the OBLIGATIONS or extend the maturity of the OBLIGATIONS.