Common use of GUARANTOR'S AUTHORIZATION TO BANK Clause in Contracts

GUARANTOR'S AUTHORIZATION TO BANK. Guarantor authorizes Bank, either before or after revocation hereof, without notice or demand and without lessening Guarantor’s liability under this Guaranty, from time to time: (A) prior to revocation as set forth above, to make one or more additional secured or unsecured loans to Borrower, to extend additional credit to Borrower; (B) to alter, compromise, renew, extend, accelerate, other otherwise change one or more times the time of payment or other terms of the indebtedness or any part of the indebtedness, including increases and decreases of the rate of interest on the indebtedness; extensions may be repeated and may be for longer than the original Loan term; (C) to take and hold security and mortgage, with this Guaranty or the indebtedness, and exchange, enforce, waive, subordinate, fail or decide not to perfect, and release any such security and, with or without the substitution of new collateral; (D) to release, substitute, agree not to sue, or deal with any one or more of Borrower’s sureties, endorsers, or other guarantors on any terms or in any manner Bank may choose; (E) to determine how, when and what application of payments and credits shall be made on the indebtedness; (F) to apply such security and direct the order or manner of sale thereof, including without limitation, any non-judicial sale permitted by the terms of the controlling security agreement or mortgage, as Bank in its discretion may determine; (G) to sell, transfer, assign or grant participations in all or any part of the indebtedness; and (H) to assign or transfer this Guaranty in whole or in part.

GUARANTOR'S AUTHORIZATION TO BANK. Guarantor authorizes Bank, either before or after any revocation hereof, without notice or demand and without lessening Guarantor’s 's liability under this Guaranty, from time to time: (Aa) prior to revocation as set forth above, to make one or more additional secured or unsecured loans to Borrower, to lease equipment or other goods to Borrower, or otherwise to extend additional credit to Borrower; (Bb) to alter, compromise, renew, extend, accelerate, other or otherwise change one or more times the time of for payment or other terms of the indebtedness Indebtedness or any part of the indebtednessIndebtedness, including increases and decreases of the rate of interest on the indebtednessIndebtedness; extensions may be repeated and may be for longer than the original Loan loan term; (Cc) to take and hold security and mortgage, with for the payment of this Guaranty or the indebtednessIndebtedness, and exchange, enforce, waive, subordinate, fail or decide not to perfect, and release any such security andsecurity, with or without the substitution of new collateral; (Dd) to release, substitute, agree not to suexxx, or deal with any one or more of Borrower’s 's sureties, endorsers, or other guarantors on any terms or in any manner Bank may choose; (Ee) to determine how, when and what application of payments and credits shall be made on the indebtednessIndebtedness; (Ff) to apply such security and direct the order or manner of sale thereof, including without limitation, any non-judicial nonjudicial sale permitted by the terms of the controlling security agreement or mortgagedeed of trust, as Bank in its discretion may determine; (Gg) to sell, transfer, assign assign, or grant participations in all or any part of the indebtednessIndebtedness; and (Hh) to assign or transfer this Guaranty in whole or in part.

GUARANTOR'S AUTHORIZATION TO BANK. Guarantor authorizes BankBanks, either before or after any revocation hereof, without notice or demand and without lessening Guarantor’s 's liability under this Guaranty, from time to time: (Aa) prior to revocation as set forth above, to make one or more additional secured or unsecured loans to Borrower, to lease equipment or other goods to Borrower, or otherwise to extend additional credit to Borrower; (Bb) to alter, compromise, renew, extend, accelerate, other or otherwise change one or more times the time of for payment or other terms of the indebtedness Indebtedness or any part of the indebtednessIndebtedness, including increases and decreases of the rate of interest on the indebtednessIndebtedness; extensions may be repeated and may be for longer than the original Loan loan term; (Cc) to take and hold security and mortgage, with for the payment of this Guaranty or the indebtednessIndebtedness, and exchange, enforce, waive, subordinate, fail or decide not to perfect, and release any such security andsecurity, with or without the substitution of new collateral; (Dd) to release, substitute, agree not to suexxx, or deal with any one or more of Borrower’s 's sureties, endorsers, or other guarantors on any terms or in any manner Bank Banks may choose; (Ee) to determine how, when and what application of payments and credits shall be made on the indebtednessIndebtedness; (Ff) to apply such security and direct the order or manner of sale thereof, including without limitation, any non-judicial nonjudicial sale permitted by the terms of the controlling security agreement or mortgagedeed of trust, as Bank Banks in its their discretion may determine; (Gg) to sell, transfer, assign assign, or grant participations in all or any part of the indebtednessIndebtedness; and (Hh) to assign or transfer this Guaranty in whole or in part.

GUARANTOR'S AUTHORIZATION TO BANK. Guarantor authorizes Bank, either before or after any revocation hereof, without notice or demand and without lessening Guarantor’s 's liability under this Guaranty, from time to time: (Aa) prior to revocation as set forth above, above to make one or more additional secured or unsecured loans to Borrower, to lease property to Borrower, or otherwise to extend additional credit to Borrower; (Bb) to alter, compromise, renew, extend, accelerate, other accelerate or otherwise change one or more times the time of for payment or other terms of the indebtedness Indebtedness or any part of the indebtedness, Indebtedness including increases and decreases of the rate of interest on the indebtednessIndebtedness; extensions may be repeated and may be for longer than the original Loan loan term; (Cc) to take and hold security and mortgage, with for the payment of this Guaranty or the indebtednessIndebtedness, and exchange, enforce, waive, subordinate, fail or decide not to perfect, and release any such security andsecurity, with or without the substitution of new collateralCollateral; (Dd) to release, substitute, agree not to sue, settle or deal with any one or more of Borrower’s 's sureties, endorsers, endorsers or other guarantors Guarantors on any terms or in any manner Bank may choose; (Ee) to determine how, when and what application of payments and credits shall be made on the indebtednessIndebtedness; (Ff) to apply such security and direct the order or manner of sale thereof, including without limitation, any non-judicial nonjudicial sale permitted by the terms of the controlling any security agreement or mortgagedeed of trust, as Bank in its discretion may determine; (G) to sell, transfer, assign or grant participations in all or any part of the indebtedness; and (Hg) to assign or transfer this Guaranty in whole or in part.