Common use of Changes in Obligations Clause in Contracts

Changes in Obligations. The Guarantor agrees that the Companies or any Person entitled to payment under the Asset Purchase Agreement (collectively, the “Beneficiaries”) may at any time and from time to time, without notice to or further consent of the Guarantor, extend the time for payment of the Obligations owed to such Beneficiary, and may also make any agreement with the Guaranteed Entity for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, or for any modification of the terms thereof or of any agreement between such Beneficiary and the Guaranteed Entity without in any way impairing or affecting this Guarantee. Notwithstanding anything to the contrary set forth in this Guarantee, each Beneficiary may only exercise rights hereunder with respect to Obligations owed to that Beneficiary; provided, however, that TRM may and is hereby authorized to exercise all rights under this Guarantee on behalf of each Beneficiary. 3.

Changes in Obligations. The Guarantor agrees that the Companies or any Person entitled to payment under the Asset Purchase Agreement (collectively, the “Beneficiaries”) may at any time and from time to time, without notice to or further consent of the Guarantor, extend the time for payment of the Obligations owed to such Beneficiary, and may also make any agreement with the Guaranteed Entity for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, or for any modification of the terms thereof or of any agreement between such Beneficiary and the Guaranteed Entity without in any way impairing or affecting this Guarantee. Notwithstanding anything to the contrary set forth in this Guarantee, each Beneficiary may only exercise rights hereunder with respect to Obligations owed to that Beneficiary; provided, however, that TRM may and is hereby authorized to exercise all rights under this Guarantee on behalf of each Beneficiary. 3.

Changes in Obligations. The Guarantor agrees that the Companies Company or any Person entitled to payment under the Asset Purchase Agreement (collectively, the “Beneficiaries”) may at any time and from time to time, without notice to or further consent of the Guarantor, extend the time for payment of the Obligations owed to such Beneficiary, and may also make any agreement with the Guaranteed Entity Entities for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, or for any modification of the terms thereof or of any agreement between such Beneficiary and the Guaranteed Entity Entities without in any way impairing or affecting this Guarantee. Notwithstanding anything to the contrary set forth in this Guarantee, each Beneficiary may only exercise rights hereunder with respect to Obligations owed to that Beneficiary; provided, however, that TRM the Company may and is hereby authorized to exercise all rights under this Guarantee on behalf of each Beneficiary. 3.

Changes in Obligations. The Guarantor agrees that the Companies Company or any Person entitled to payment under the Asset Purchase Agreement (collectively, the “Beneficiaries”) may at any time and from time to time, without notice to or further consent of the Guarantor, extend the time for payment of the Obligations owed to such Beneficiary, and may also make any agreement with the Guaranteed Entity Entities for the extension, renewal, payment, compromise, discharge or release thereof, in whole or in part, or for any modification of the terms thereof or of any agreement between such Beneficiary and the Guaranteed Entity Entities without in any way impairing or affecting this Guarantee. Notwithstanding anything to the contrary set forth in this Guarantee, each Beneficiary may only exercise rights hereunder with respect to Obligations owed to that Beneficiary; provided, however, that TRM the Company may and is hereby authorized to exercise all rights under this Guarantee on behalf of each Beneficiary. 3.