Dealings with Borrower. The Guarantied Parties, or any of them, may, from time to time, without exonerating or releasing any Guarantor in any way under this Guaranty, (i) take such further or other security or securities for the Guarantied Obligations or any part thereof as the Guarantied Parties, or any of them, may deem proper, consistent with the Loan Agreement, or (ii) release, discharge, abandon or otherwise deal with or fail to deal with any guarantor of the Guarantied Obligations or any security or securities therefor or any part thereof now or hereafter held by the Guarantied Parties, or any of them, or (iii) consistent with the Loan Agreement, amend, modify, extend, accelerate or waive in any manner any of the provisions, terms, or conditions of any of the Loan Documents, all as the Guarantied Parties, or any of them, may consider expedient or appropriate in their sole discretion. Without limiting the generality of the foregoing, or of Section 6 hereof, it is understood that the Guarantied Parties, or any of them, may, without exonerating or releasing any Guarantor, give up, or modify or abstain from perfecting or taking advantage of any security for the Guarantied Obligations and accept or make any compositions or arrangements, and realize upon any security for the Guarantied Obligations when, and in such manner, as the Guarantied Parties, or any of them, may deem expedient, consistent with the Loan Agreement, all without notice to any Guarantor, except as required by Applicable Law.
Dealings with Borrower. (a) In making disbursements under any of the Bank Loan Documents, Administrative Agent and none of the other Banks have any duty to, nor have any represented that it or they will, see to the application of any proceeds by the Person or Persons to whom Administrative Agent disburses such proceeds. Any application or use of such proceeds for purposes other than those provided for in the Bank Loan Documents does not and shall not defeat the subordination herein made, in whole or in part.
(b) In making disbursements under any of the Bank Loan Documents, Administrative Agent may waive any and all conditions to a disbursement contained in the Bank Loan Documents. No such waiver shall defeat the subordination herein made, in whole or in part.
(c) The rights granted to Administrative Agent and the Banks hereunder are solely for its and their protection and nothing herein contained shall impose on Administrative Agent or any of the Banks any duties with respect to Borrower, NL Companies or any of the Environmental Remediation Work (as defined in the Loan Agreement).
Dealings with Borrower. (a) In making disbursements under any of the Bank Loan Documents, Administrative Agent and none of the other Banks have any duty to, nor have any represented that it or they will, see to the application of any proceeds by the Person or Persons to whom Administrative Agent disburses such proceeds. Any application or use of such proceeds for purposes other than those provided for in the Bank Loan Documents does not and shall not defeat the subordination herein made, in whole or in part.
(b) In making disbursements under any of the Bank Loan Documents, Administrative Agent may waive any and all conditions to a disbursement contained in the Bank Loan Documents. No such waiver shall defeat the subordination herein made, in whole or in part.
(c) The rights granted to Administrative Agent and the Banks hereunder are solely for its and their protection and nothing herein contained shall impose on Administrative Agent or any of the Banks any duties with respect to Borrower, NL Companies or any of the Environmental Remediation Work (as defined in the Loan Agreement). 11. Assignment of the Bank Loan Obligations. In accordance with the terms of the Bank Loan Documents and/or that certain Multi-Party Agreement by and among Administrative Agent and other parties, including Prudential (the "Bank Multi-Party Agreement"), the Banks may assign or transfer any or all of the Bank Loan Obligations and/or any interest therein or herein and, notwithstanding any such assignment or transfer or any subsequent assignment or transfer thereof and every immediate and successive assignee or transferee of any of the Bank Loan Obligations or of any interest therein or herein shall, to the extent of the interest of such assignee or transferee in the Bank Loan Obligations, be entitled to the benefits of this Agreement to the same extent as if such assignee or transferee were the Banks; provided, however, that, unless Administrative Agent shall otherwise consent in writing, Administrative Agent shall have an unimpaired right, prior and superior to that of any such assignee or transferee, to enforce this Agreement, for the benefit of Administrative Agent on behalf of itself and the other Banks, as to those portions of the Bank Loan Obligations which neither Administrative Agent nor any other Bank has assigned or transferred.
Dealings with Borrower. The Credit Union may grant time, renewals, extensions, releases and discharges and to accept compositions from and otherwise deal with the Borrower as it may see fit, without notice to the Shareholder and without prejudice or in any way limiting or affecting the undertaking of the shareholders under this agreement.
Dealings with Borrower. Paribas and its associates and affiliates may, without liability to disclose or account, engage in any kind of financial, trust or commercial business with, or acquire or dispose of any kind of security of, the Borrower or any of its associates or affiliates and Paribas and its associates or affiliates shall not have any obligation to disclose or account for any dealings with the Borrower or any of its associates or affiliates prior to the date of this Agreement.
Dealings with Borrower. The County agrees that Xxxxxx may deal exclusively with Borrower in all matters relating to the Loan without notice to or the approval of the County. It is intended that the subordination created by this Agreement shall remain fully effective regardless of any act or omission by Lender which might otherwise directly or indirectly result, by operation of law or otherwise, in the discharge or release in whole or in part of Borrower, or the discharge, release, or impairment of any collateral now or hereafter held as security for the Loan. Without limiting the generality of the foregoing, the County agrees that Lender may do or fail to do any of the following one or more times, without notice to or the approval of the County, and without impairing, altering, diminishing, or otherwise affecting the subordination created by this Agreement: (a) Lender may agree with Borrower on any modification, extension, renewal, and replacement of any of the terms and conditions of the Loan Documents; (b) Lender may extend, renew, accelerate, or otherwise change the time for payment and performance of any of the obligations under the Loan Documents; (c) Lender may release Borrower, or any other person having any liability under the Loan Documents; (d) Lender may release, surrender, substitute, or exchange any collateral for the Loan; (e) Lender does not have to marshal assets and may direct the order or manner of sale of any collateral for the Loan as Lender may determine in its discretion; (f) Lender may apply any money or any collateral for the Loan to repayment of any amounts owing to Lender under the Loan Documents in any order Lender may determine;
Dealings with Borrower. (a) In making disbursements under any of the Senior Loan Documents, Senior Lender has no duty to, nor has Senior Lender represented that it will, see to the application of any proceeds by the Person or Persons to whom Senior Lender disburses such proceeds. Any application or use of such proceeds for purposes other than those provided for in the Senior Loan Documents does not and shall not defeat the subordination herein made, in whole or in part.
(b) In making disbursements under any of the Senior Loan Documents, Senior Lender may waive any and all conditions to a disbursement contained in the Senior Loan Documents. No such waiver shall defeat the subordination herein made, in whole or in part.
(c) The rights granted to Senior Lender hereunder are solely for its protection and nothing herein contained shall impose on Senior Lender any duties with respect to Borrower.
Dealings with Borrower. The Lenders and their affiliates may accept deposits from, extend credit to and generally engage in any kind of banking, trust or other business with Borrower or Borrower or any of their Affiliates regardless of the capacity of the Lenders hereunder.
Dealings with Borrower. Except with the prior written consent of the Administrative Agent with the consent of the Required Lenders, the Subordinated Creditor shall not: Exh E — 6 Form of Subordination Agreement
3.1 Permitted Payments
4.1 Restriction on Subrogation
Dealings with Borrower. The Guarantied Parties, or any of them, may, from time to time, without exonerating or releasing the Guarantor in any way under this Guaranty, (i) take such further or other security or securities for the Guarantied Obligations or any part thereof as the Guarantied Parties, or any of them, may deem proper, consistent with the Loan Agreement, or (ii) release, discharge, abandon or otherwise deal with or fail to deal with any guarantor of the Guarantied Obligations or any security or securities therefor or any part thereof now or hereafter held by the Guarantied Parties, or any of them, or (iii) consistent with the Loan Agreement, amend, modify, extend, accelerate or waive in any manner any of the provisions, terms, or conditions of the Guaranteed Agreements. Without limiting the generality of the foregoing, or of Section 5 hereof, it is understood that the Guarantied
