Dealing with the Collateral. (1) The Canadian Agent and the Secured Parties are not obliged to exhaust their recourse against the 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 Canadian Agent may consider desirable.
Appears in 2 contracts
Samples: Canadian Security Agreement (Bombay Co Inc), Canadian Security Agreement (Bombay Company Inc)
Dealing with the Collateral. (1) The Canadian Agent and the Secured Parties are shall not be obliged to exhaust their its recourse against the 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 Canadian Agent may consider desirable.
Appears in 1 contract
Samples: General Security Agreement (J.M. Tull Metals Company, Inc.)
Dealing with the Collateral. (1) The Canadian Collateral Agent and the other Canadian Secured Parties are shall not be obliged to exhaust their recourse against the Grantor Obligor or any other Person 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 Canadian Collateral Agent may consider desirable.
Appears in 1 contract
Samples: Security Agreement (United Rentals North America Inc)
