Common use of Dealings with Borrower Clause in Contracts

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.

Appears in 2 contracts

Samples: Loan Agreement (American Tower Corp /Ma/), Loan Agreement (American Tower Corp /Ma/)

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Dealings with Borrower. The Guarantied PartiesBanks and the Administrative Agent, or any of them, may, from time to time, without exonerating or releasing any 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 PartiesBanks and the Administrative Agent, 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 PartiesBanks and the Administrative Agent, 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 DocumentsGuaranteed Agreements, all as the Guarantied PartiesBanks and the Administrative Agent, or any of them, may consider expedient or appropriate in their sole discretion. Without limiting the generality of the foregoing, or of Section 6 Paragraph 5 hereof, it is understood that the Guarantied PartiesBanks and the Administrative Agent, or any of them, may, without exonerating or releasing any the 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 PartiesBanks and the Administrative Agent, or any of them, may deem expedient, consistent with the Loan Agreement, all without notice to any the Guarantor, except as required by Applicable Law.

Appears in 2 contracts

Samples: Loan Agreement (American Tower Systems Corp), Loan Agreement (American Radio Systems Corp /Ma/)

Dealings with Borrower. The Guarantied PartiesLenders and the Administrative Agent, or any of them, may, from time to time, without exonerating or releasing any 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 PartiesLenders and the Administrative Agent, 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 PartiesLenders and the Administrative Agent, 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 DocumentsGuaranteed Agreements, all as the Guarantied PartiesLenders and the Administrative Agent, or any of them, may consider expedient or appropriate in their sole discretion. Without limiting the generality of the foregoing, or of Section 6 10 hereof, it is understood that the Guarantied PartiesLenders and the Administrative Agent, or any of them, may, without exonerating or releasing any the 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 PartiesLenders and the Administrative Agent, or any of them, may deem expedient, consistent with the Loan Agreement, all without notice to any the Guarantor, except as required by Applicable Law.

Appears in 1 contract

Samples: Loan Agreement (Advanced Communications Group Inc/De/)

Dealings with Borrower. The Guarantied Parties, or any of them, may, from time to time, without exonerating or releasing any Guarantor of the Guarantors 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 Credit 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 Credit 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 Paragraph 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 Credit Agreement, all without notice to any Guarantor, except as required by Applicable Lawapplicable law.

Appears in 1 contract

Samples: Credit Agreement (Cbeyond Communications Inc)

Dealings with Borrower. The Guarantied PartiesBanks, the Syndication Agent, the Documentation Agent, the Managing Agents and the Administrative Agent, 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 PartiesBanks, the Syndication Agent, the Documentation Agent, the Managing Agents and the Administrative Agent, 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 PartiesBanks, the Syndication Agent, the Documentation Agent, the Managing Agents and the Administrative Agent, 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 DocumentsGuaranteed Agreements, all as the Guarantied PartiesBanks, the Syndication Agent, the Documentation Agent, the Managing Agents and the Administrative Agent, or any of them, may consider expedient or appropriate in their sole discretion. Without limiting the generality of the foregoing, or of Section 6 Paragraph 5 hereof, it is understood that the Guarantied PartiesBanks, the Syndication Agent, the Documentation Agent, the Managing Agents and the Administrative Agent, 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 PartiesBanks, the Syndication Agent, the Documentation Agent, the Managing Agents and the Administrative Agent, or any of them, may deem expedient, consistent with the Loan Agreement, all without notice to any such Guarantor, except as required by Applicable Law.

Appears in 1 contract

Samples: Loan Agreement (Metrocall Inc)

Dealings with Borrower. The Guarantied PartiesBanks, the Swing Line Lender and the Administrative Agent, or any of them, may, from time to time, without exonerating or releasing any 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 PartiesBanks, the Swing Line Lender, and the Administrative Agent, 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 PartiesBanks, the Swing Line Lender and the Administrative Agent, 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 DocumentsGuaranteed Agreements, all as the Guarantied PartiesBanks, the Swing Line Lender and the Administrative Agent, or any of them, may consider expedient or appropriate in their sole discretion. Without limiting the generality of the foregoing, or of Section 6 Paragraph 5 hereof, it is understood that the Guarantied PartiesBanks, the Swing Line Lender, and the Administrative Agent, or any of them, may, without exonerating or releasing any the 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 PartiesBanks, the Swing Line Lender, and the Administrative Agent, or any of them, may deem expedient, consistent with the Loan Agreement, all without notice to any the Guarantor, except as required by Applicable Law.

Appears in 1 contract

Samples: Loan Agreement (Irt Property Co)

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Dealings with Borrower. The Guarantied Parties, or any of them, may, from time to time, without exonerating or releasing any 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 AgreementAgreements, 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 AgreementAgreements, 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 Paragraph 6 hereof, it is understood that the Guarantied Parties, or any of them, may, without exonerating or releasing any the 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 AgreementAgreements, all without notice to any the Guarantor, except as required by Applicable Law.

Appears in 1 contract

Samples: Loan Agreement (American Tower Corp /Ma/)

Dealings with Borrower. The Guarantied PartiesLenders and the Administrative Agent, or any of them, may, from time to time, without exonerating or releasing any 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 PartiesLenders and the Administrative Agent, or any of them, may deem proper, consistent with the Loan Agreement, or (ii) release, discharge, abandon 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 PartiesLenders and the Administrative Agent, or any of them, or (iii) consistent with the Loan Agreement, amend, modify, extend, accelerate accelerate, or waive in any manner any of the provisions, terms, or conditions of any of the Loan DocumentsGuaranteed Agreements, all as the Guarantied PartiesLenders and the Administrative Agent, or any of them, may consider expedient or appropriate in their sole discretion. Without limiting the generality of the foregoing, or of Section 6 5 hereof, it is understood that the Guarantied PartiesLenders and the Administrative Agent, or any of them, may, without exonerating or releasing any the 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 PartiesLenders and the Administrative Agent, or any of them, may deem expedient, consistent with the Loan Agreement, all without notice to any the Guarantor, except as required by Applicable Law.

Appears in 1 contract

Samples: Loan Agreement (Rural Cellular Corp)

Dealings with Borrower. The Guarantied PartiesLenders and the Administrative Agent, or any of them, may, from time to time, without exonerating or releasing any 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 PartiesLenders and the Administrative Agent, 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 PartiesLenders and the Administrative Agent, 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 DocumentsGuaranteed Agreements, all as the Guarantied PartiesLenders and the Administrative Agent, 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 PartiesLenders and the Administrative Agent, or any of them, may, without exonerating or releasing any the 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 PartiesLenders and the Administrative Agent, or any of them, may deem expedient, consistent with the Loan Agreement, all without notice to any the Guarantor, except as required by Applicable Law.

Appears in 1 contract

Samples: Parent Guaranty (Advanced Communications Group Inc/De/)

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