Common use of Certain Rights, Subordination, Etc Clause in Contracts

Certain Rights, Subordination, Etc. (a) Lender may pursue its rights and remedies under this Guaranty and shall be entitled to payment hereunder notwithstanding any other guaranty of all or any part of the Guaranty Obligations, and notwithstanding any action taken by Lender to enforce any of its rights or remedies under such other guaranty, or any payment received thereunder (but in no event shall Lender collect more than the aggregate amount of the Guaranty Obligations).

Appears in 7 contracts

Samples: Payment and Performance Guaranty Agreement (Advocat Inc), Mezzanine Loan Agreement (Capital Senior Living Corp), Mezzanine Loan Agreement (Capital Senior Living Corp)

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Certain Rights, Subordination, Etc. (a) 67.1 Lender may pursue its rights and remedies under this Guaranty and shall be entitled to payment hereunder notwithstanding any other guaranty of all or any part of the Guaranty Obligations, and notwithstanding any action taken by Lender to enforce any of its rights or remedies under such other guaranty, or any payment received thereunder (but in no event shall Lender collect more than the aggregate amount of the Guaranty Obligations).

Appears in 1 contract

Samples: Payment and Performance Guaranty Agreement (Arv Assisted Living Inc)

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Certain Rights, Subordination, Etc. (a) Lender may pursue its rights and remedies under this Guaranty and shall be entitled to payment hereunder notwithstanding any other guaranty of all or any part of the Guaranty Guaranteed Obligations, and notwithstanding any action taken by Lender to enforce any of its rights or remedies under such other guaranty, or any payment received thereunder (but in no event shall Lender collect more than the aggregate amount of the Guaranty Guaranteed Obligations).

Appears in 1 contract

Samples: Operating Deficit Guaranty Agreement (American Retirement Corp)

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