Election to Perform Obligations. Any election by the Guarantor to pay or otherwise perform any of the obligations of the Borrower under the Notes or under any of the other Facility Documents, whether pursuant to this Article 8 or otherwise, shall not release the Borrower or the Guarantor from such obligations or any of its other obligations under the Notes or under any of the other Facility Documents.
Appears in 2 contracts
Samples: Loan Agreement (Winstar Communications Inc), Loan Agreement (Cellularvision Usa Inc)
Election to Perform Obligations. Any election by any of the Guarantor Subsidiary Guarantors to pay or otherwise perform any of the obligations of the Borrower under the Notes or under any of the other Facility Documents, whether pursuant to this Article 8 11 or otherwise, shall not release the Borrower or the Guarantor from such obligations or any of its other obligations under the Notes or under any of the other Facility Documents.
Appears in 2 contracts
Samples: Credit Agreement (Daka International Inc), Credit Agreement (Daka International Inc)
Election to Perform Obligations. Any election by any of the Guarantor Guarantors to pay or otherwise perform any of the obligations of the any Borrower under the Revolving Credit Notes or under any of the other Facility Documents, whether pursuant to this Article 8 11 or otherwise, shall not release the such Borrower or the Guarantor from such obligations or any of its other obligations under the Revolving Credit Notes or under any of the other Facility Documents.
Appears in 2 contracts
Samples: Credit Agreement (Micro Warehouse Inc), Credit Agreement (Micro Warehouse Inc)