Enforcement of Guaranty. In no event shall Lender have any obligation (although it is entitled, at its option) to proceed against any Triton LLC or any other Person or any Letter of Credit or any real or personal property pledged to secure the Obligations before seeking satisfaction from Guarantor. Lender may proceed, prior or subsequent to, or simultaneously with, the enforcement of Lender's rights hereunder, to exercise any right or remedy which it may have against any Letter of Credit or any property, real or personal, as a result of any lien it may have as security for all or any portion of the Obligations.
Appears in 4 contracts
Samples: Guaranty (Polaris Aircraft Income Fund Iii), Guaranty (Polaris Aircraft Income Fund V), Guaranty (Polaris Aircraft Income Fund Ii)
