Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by any of the Credit Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, or any other person, entity, or property before enforcing this Guaranty against any Guarantor.
Appears in 10 contracts
Samples: Credit Agreement (STAG Industrial, Inc.), Term Loan Agreement (STAG Industrial, Inc.), Term Loan Agreement (STAG Industrial, Inc.)
Exhaustion of Other Remedies Not Required. The obligations of each the Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each The Guarantor waives diligence by any of the Credit Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, or any other person, entity, or property before enforcing this Guaranty against any the Guarantor.
Appears in 9 contracts
Samples: Credit Agreement (STAG Industrial, Inc.), Term Loan Agreement (STAG Industrial, Inc.), Term Loan Agreement (STAG Industrial, Inc.)
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by any of the Credit Parties holders and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party holders to exhaust any right or remedy or to take any action against the BorrowerIssuer, any other guarantor, or any other person, entity, or property before enforcing this Guaranty against any Guarantor.
Appears in 7 contracts
Samples: Note Purchase Agreement (STAG Industrial, Inc.), Note Purchase Agreement (STAG Industrial, Inc.), Note Purchase Agreement (STAG Industrial, Inc.)
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by any of the Credit Parties holders and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party holder to exhaust any right or remedy or to take any action against the BorrowerIssuer, any other guarantor, or any other person, entity, or property before enforcing this Guaranty against any Guarantor.
Appears in 7 contracts
Samples: Note Purchase Agreement (STAG Industrial, Inc.), Note Purchase Agreement (STAG Industrial, Inc.), Note Purchase Agreement (STAG Industrial, Inc.)
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by any the Holders of the Credit Parties Obligations and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party Holder of Obligations to exhaust any right or remedy or to take any action against the any Borrower, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any such Guarantor.
Appears in 6 contracts
Samples: Credit Agreement (Watts Water Technologies Inc), Guaranty (Watts Water Technologies Inc), Guaranty (Watts Water Technologies Inc)
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by any of the Credit Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any the Credit Party Parties to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any Guarantor.
Appears in 5 contracts
Samples: Guaranty Agreement (Armada Hoffler Properties, Inc.), Guaranty Agreement (Armada Hoffler Properties, Inc.), Credit Agreement (PMC Commercial Trust /Tx)
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by any of the Credit Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, or any other person, entity, or property before enforcing this Guaranty against any Guarantor.
Appears in 5 contracts
Samples: Term Loan Agreement (STAG Industrial, Inc.), Guaranty (Walker & Dunlop, Inc.), Parent Guaranty Agreement (American Realty Capital Trust, Inc.)
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by any of the Credit Parties Administrative Agent or the Lenders and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party the Administrative Agent or the Lenders to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any such Guarantor.
Appears in 5 contracts
Samples: Credit Agreement (Texas Roadhouse, Inc.), Credit Agreement (Texas Roadhouse, Inc.), Credit Agreement (Texas Roadhouse, Inc.)
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by any of the Credit Lender Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party the Lender Parties to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any such Guarantor.
Appears in 5 contracts
Samples: Term Loan Agreement (Kb Home), Revolving Loan Agreement (Kb Home), Revolving Credit Agreement (WCI Communities, Inc.)
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by any of the Credit Parties and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, or any other person, entity, or property before enforcing this Guaranty against any Guarantor.
Appears in 4 contracts
Samples: Term Loan Agreement (STAG Industrial, Inc.), Subsidiary Guaranty Agreement (American Realty Capital Trust, Inc.), Subsidiary Guaranty Agreement (American Realty Capital Trust, Inc.)
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by Administrative Agent or any of the Credit Parties Lender and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring Administrative Agent or any Credit Party Lender to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any each Guarantor.
Appears in 4 contracts
Samples: Senior Term Loan Agreement (Wci Communities Inc), Credit Agreement (CNL Hotels & Resorts, Inc.), Credit Agreement (Capital Lodging)
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by Administrative Agent or any of the Credit Parties Lender and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring Administrative Agent or any Credit Party Lender to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any Guarantor.
Appears in 2 contracts
Samples: Credit Agreement (Capital Lodging), Credit Agreement (CNL Hotels & Resorts, Inc.)
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by any of the Credit Parties Lender and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party Lender to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any Guarantor.
Appears in 2 contracts
Samples: Guaranty (North American Vaccine Inc), Guaranty (North American Vaccine Inc)
Exhaustion of Other Remedies Not Required. The obligations of each the Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each The Guarantor waives diligence by any of the Credit Parties Lender and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party the Lender to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any the Guarantor.
Appears in 2 contracts
Samples: Credit Agreement (Usana Health Sciences Inc), Continuing Guaranty (Nelnet Inc)
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by any of the Credit Parties Administrative Agent and the Lenders and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party the Administrative Agent and the Lenders to exhaust any right or remedy or to take any action against the BorrowerBorrowers, any one of them, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any such Guarantor.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Aimco Properties Lp)
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of a primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each This is a guaranty of payment and not of collection. Guarantor waives diligence by any of the Credit Parties Bank and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party the Bank to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any Guarantor.
Appears in 1 contract
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by Administrative Agent or any of the Credit Parties Lender and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring Administrative Agent or any Credit Party Lender to exhaust any right or remedy or to take any action against the BorrowerBorrowers, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any each Guarantor.
Appears in 1 contract
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each This is a guaranty of payment and not of collection. Guarantor waives diligence by any of the Credit Parties Bank and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party the Banks to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any Guarantor.
Appears in 1 contract
Exhaustion of Other Remedies Not Required. The obligations of each the Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each The Guarantor waives diligence by any of the Credit Parties Administrative Agent or the Lenders and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party the Administrative Agent or the Lenders to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any the Guarantor.
Appears in 1 contract
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of primary obligor, and not merely as surety, and are independent of the Guaranteed Obligations. Each Guarantor waives diligence by any the Holders of the Credit Parties Obligations and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party Holder of Obligations to exhaust any right or remedy or to take any action against the any Borrower, any other guarantor, guarantor or any other person, entity, Person or property before enforcing this Guaranty against any such Guarantor.
Appears in 1 contract
Exhaustion of Other Remedies Not Required. The obligations of each Guarantor hereunder are those of a primary obligor, and not merely as a surety, and are independent of the Guaranteed Obligations. Each To the fullest extent permitted by applicable law, each Guarantor waives diligence by any of the Credit Parties Lender and action on delinquency in respect of the Guaranteed Obligations or any part thereof, including, without limitation any provisions of law requiring any Credit Party the Lender to exhaust any right or remedy or to take any action against the Borrower, any other guarantor, guarantor or any other person, entity, entity or property before enforcing this Guaranty against any Guarantor.
Appears in 1 contract