Common use of Dealing with the Collateral Clause in Contracts

Dealing with the Collateral. (1) The Lender shall not be obliged to exhaust its recourses against the Borrower or any other Person or Persons or against any other security it may hold in respect of the Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Lender may consider desirable.

Appears in 2 contracts

Samples: Security Agreement (Koll Thomas U), Security Agreement (Infowave Software Inc)

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Dealing with the Collateral. (1) The Lender shall is not be obliged to exhaust its recourses recourse against the Borrower or any other Person or Persons or against any other security it may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Lender may consider desirable.

Appears in 2 contracts

Samples: Securities Pledge Agreement (Canada Goose Holdings Inc.), Securities Pledge Agreement (Canada Goose Holdings Inc.)

Dealing with the Collateral. (1a) The Lender shall is not be obliged to exhaust its recourses recourse against the Borrower Corporation or any other Person or Persons person or against any other security it may hold in respect of the Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Lender may consider considers desirable.

Appears in 1 contract

Samples: Security Agreement (Canadian Cannabis Corp.)

Dealing with the Collateral. (1) The Lender shall not be obliged to exhaust its recourses recourse against the Borrower or any other Person or Persons person or against any other security it may hold in respect of the Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Lender may consider desirable.

Appears in 1 contract

Samples: sec.report

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Dealing with the Collateral. (1) The Lender shall not be obliged to exhaust its recourses recourse against the Borrower Company or any other Person or Persons person or against any other security it may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Lender may consider desirable.

Appears in 1 contract

Samples: Security Agreement (Cephalon Inc)

Dealing with the Collateral. (1) The Lender shall is not be obliged to exhaust its recourses recourse against the Borrower or any other Person or Persons or against any other security it may hold in respect of the Secured Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Lender may consider desirable.

Appears in 1 contract

Samples: Security Agreement (Gilla Inc.)

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