Concurrent Exercise Sample Clauses
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Concurrent Exercise. The rights exercisable by Lender under this Section 7.b may be invoked before or after foreclosure under the Loan Agreement in Lender’s sole discretion, and all without further notice to or any requirement of consent by Pledgor, which hereby irrevocably and unconditionally waives any right to give any contrary instructions to HCPI. All parties acknowledge that Lender desires to consummate any necessary foreclosure under the Loan Agreement on a basis that such foreclosure occurs concurrent with the closing of an Exchange; all parties agree to cooperate reasonably with Lender to that end. HCPI agrees that it will not act on any separate instructions or communications from Pledgor pertaining to the Pledged Units or Pledged Shares or Registration Rights Agreement without the express written consent of Lender. Nothing in this subparagraph (v) shall in any way obligate Lender to consummate any necessary foreclosure under the Loan Agreement in the manner referred to above; Lender may, in its sole discretion, determine that another method of realization upon the Collateral is preferable or required, and such determination by Lender shall in no manner limit or restrict the obligations of Borrower, Pledgor or any other person or entity with respect to the loans contemplated herein.
Concurrent Exercise. Notwithstanding any contrary provisions of this Article 13, any Lender exercising any of its rights under this Article 13 with regard to any Financing Encumbrance, must concurrently exercise its rights under Article 11 of the License Agreement with regard to the same Financing Encumbrance, it being the intent of the Parties that in order to succeed to the rights of FirstWorld under this Agreement, a Lender must also succeed to the rights of FirstWorld under the License Agreement and that a Lender may not receive the benefits of this Agreement separately from the benefits and burdens of the License Agreement.
Concurrent Exercise. Notwithstanding any contrary provisions of this Article 11, any Lender exercising any of its rights under this Article 11 with regard to any Financing Encumbrance, must concurrently exercise its rights under Article 13 of the Conduit Lease with regard to the same Financing Encumbrance, it being the intent of the Parties that in order to succeed to the rights of FirstWorld under this Agreement, a Lender must also succeed to the rights of FirstWorld under the Conduit Lease and that a Lender may not receive the benefits of this Agreement separately from the benefits and burdens of the Conduit Lease.
Concurrent Exercise. Concurrently with Tenant’s delivery of its Election Notice as to the Option Property, Tenant must exercise its option to purchase the Other Buildings pursuant to the Other Lease. The Scheduled Closing Date will be the same as for the Other Buildings.
Concurrent Exercise. The rights exercisable by Lender under this Section 7.b may be invoked before or after foreclosure under the Loan Agreement in Lender’s sole discretion, and all without further notice to or any requirement of consent by Pledgor, which hereby irrevocably and unconditionally waives any right to give any contrary instructions to