Dealing with the Collateral. (1) The Collateral Agent and the Secured Creditors shall not be obliged to exhaust their recourse against the Obligor or any other Person or against any other security they may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Agent may consider desirable.
Appears in 6 contracts
Samples: Credit Agreement (General Cable Corp /De/), Credit Agreement (General Cable Corp /De/), Security Agreement (Avery Berkel Holdings LTD)
Dealing with the Collateral. (1) The Collateral Agent and the Secured Creditors shall Parties are not be obliged to exhaust their recourse against the Obligor Obligors or any other Person or against any other security they may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Agent may consider desirable.
Appears in 4 contracts
Samples: Security Agreement (Novelis Inc.), Security Agreement (Novelis Inc.), Security Agreement (Novelis South America Holdings LLC)
Dealing with the Collateral. (1) The Collateral Agent and the Secured Creditors shall are not be obliged to exhaust their recourse against the Obligor or any other Person or against any other security they may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Agent may consider desirable.
Appears in 3 contracts
Samples: Credit Agreement (Bway Parent Company, Inc.), Security Agreement (BWAY Holding CO), Security Agreement (Bway Corp)
Dealing with the Collateral. (1) The Collateral Agent and the Secured Creditors shall not be obliged to exhaust their recourse against the Obligor or any other Person or against any other security they may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Agent may consider desirable.
Appears in 3 contracts
Samples: Canadian Security Agreement (Williams Scotsman International Inc), Canadian Security Agreement (Williams Scotsman Inc), Canadian Security Agreement (Williams Scotsman of Canada Inc)
Dealing with the Collateral. (1) The Collateral Security Agent and the Secured Creditors shall Finance Parties are not be obliged to exhaust their recourse against the Obligor or any other Person or against any other security they may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Security Agent may consider desirable.
Appears in 2 contracts
Samples: Security Agreement (Hertz Corp), Security Agreement (Hertz Corp)
Dealing with the Collateral. (1) The Collateral Agent and the Secured Creditors shall are not be obliged to exhaust their recourse against any of the Obligor Obligors or any other Person or against any other security they may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Agent may consider desirable.
Appears in 2 contracts
Samples: Security Agreement (Johnstone Tank Trucking Ltd.), Security Agreement (Johnstone Tank Trucking Ltd.)
Dealing with the Collateral. (1a) The Collateral Agent and the Secured Creditors shall Parties are not be obliged to exhaust their recourse against the Obligor Company or any other Person or against any other security they may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Agent may consider desirable.
Appears in 2 contracts
Samples: Securities Pledge Agreement (Warnaco Group Inc /De/), Securities Pledge Agreement (Warnaco Group Inc /De/)
Dealing with the Collateral. (1) The Collateral Agent and the Secured Creditors shall are not be obliged to exhaust their recourse against the any Obligor or any other Person or against any other security they may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Agent may consider desirable.
Appears in 2 contracts
Samples: Credit Agreement (Silgan Holdings Inc), Credit Agreement (Silgan Holdings Inc)
Dealing with the Collateral. (1) The Collateral Agent and the Secured Creditors shall not be obliged to exhaust their its recourse against the Obligor Grantor or any other Person or against any other security they it may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Agent may consider desirable.
Appears in 2 contracts
Samples: Canadian Security Agreement (Ryerson Holding Corp), Canadian Security Agreement (Ryerson Holding Corp)
Dealing with the Collateral. (1) The Collateral Security Agent and the Secured Creditors shall Finance Parties are not be obliged to exhaust their recourse against the Obligor or any other Person or against any other security they may hold in respect of the Secured Obligations Liabilities before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Security Agent may consider desirable.
Appears in 1 contract
Samples: Security Agreement (Hertz Corp)
Dealing with the Collateral. (1) The Collateral Agent and the other Secured Creditors shall Parties are not be obliged to exhaust their recourse against the Obligor any Grantor or any other Person or against any other security they may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Agent may consider desirable.
Appears in 1 contract
Dealing with the Collateral. (1) The Collateral Agent and the Secured Creditors shall Creditor is not be obliged to exhaust their recourse its recourses against the Obligor or any other Person or against any other security they it may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Agent Secured Creditor may consider desirable.
Appears in 1 contract
Dealing with the Collateral. (1a) The Collateral Agent and the Secured Creditors shall are not be obliged to exhaust their recourse against the Obligor Grantors (or any of them) or any other Person or against any other security they may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Agent may consider desirable.
Appears in 1 contract
Dealing with the Collateral. (1) The Collateral Agent and the Secured Creditors shall are not be obliged to exhaust their recourse against the Obligor or any other Person or against any other security they may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Collateral Agent may consider desirable.
Appears in 1 contract
Samples: Note Purchase Agreement (Bellatrix Exploration Ltd.)
