Dealing with the Collateral. (a) The Agent and the Vendors are not obliged to exhaust their recourse against the Corporation or any other person or against any other security they may hold in respect of the Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Agent considers desirable.
Appears in 3 contracts
Samples: Security Agreement (E-World Usa Holding,inc), Security Agreement (E-World Usa Holding,inc), Security Agreement (E-World Usa Holding,inc)
Dealing with the Collateral. (a) The Agent and the Vendors are not obliged to exhaust their recourse against the Corporation Purchaser or any other person Person or against any other security they may hold in respect of the Obligations before realizing upon or otherwise dealing with the Collateral in such manner as the Agent considers may consider desirable.
Appears in 1 contract
Samples: Securities Pledge Agreement (E-World Usa Holding,inc)