Common use of Dealings with Others Clause in Contracts

Dealings with Others. The Collateral Agent may grant extensions of time and other indulgences, take and give up security, accept compositions, make settlements, grant releases and discharges and otherwise deal with the Corporation, debtors of the Corporation, sureties and other Persons and with Collateral and other security as the Collateral Agent sees fit, without prejudice to the liability of the Corporation to the Collateral Agent or the rights, powers and remedies of the Collateral Agent under this Agreement.