Free Exercise of Rights. Except as specifically provided herein and in the other Note Documents, (a) each Holder may exercise its rights and remedies under this Agreement and the other Note Documents to which it is party and all related documents, instruments and agreements for its sole benefit and (b) no Holder shall have any obligation or duty to exercise any such rights or duties for the benefit of any other Holder.
Appears in 6 contracts
Samples: Intercreditor Agreement (NextWave Wireless Inc.), Intercreditor Agreement (Navation, Inc.), Intercreditor Agreement (NextWave Wireless Inc.)
Free Exercise of Rights. Except as specifically provided herein and in the other Purchase Agreement and the Note Documents, (a) each Holder may exercise its rights and remedies under this Agreement and Agreement, the other Purchase Agreement, its Note Documents to which it is party and all related documents, instruments and agreements for its sole benefit and (b) no Holder shall have any obligation or duty to exercise any such rights or duties for the benefit of any other Holder.
Appears in 1 contract
Samples: Collateral Agency Agreement (NextWave Wireless LLC)
Free Exercise of Rights. Except as specifically provided herein and in the other Note DocumentsSecurity Agreement, (a) each Holder may exercise its rights and remedies under this Agreement and Agreement, the other Note Documents to which it is party Security Agreement, its Senior Note(s) and all related documents, instruments and agreements for its sole benefit and (b) no Holder shall have any obligation or duty to exercise any such rights or duties for the benefit of any other Holder.
Appears in 1 contract
Samples: Collateral Agency and Intercreditor Agreement (Insite Vision Inc)