Common use of Immediate recourse Clause in Contracts

Immediate recourse. The Guarantor waives any right it may have of first requiring the Bank (or any trustee, agent or other person acting on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Guarantor under this Guarantee.

Appears in 4 contracts

Samples: Irrevocable Undertaking (Consolidated Water Co LTD), Irrevocable Undertaking (Consolidated Water Co LTD), Guarantee (Consolidated Water Co LTD)

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Immediate recourse. The Guarantor waives any right it he may have of first requiring the Bank Investor (or any trustee, trustee or agent or other person acting on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from the Guarantor under this GuaranteeSection 3. This waiver applies irrespective of any law to the contrary.

Appears in 3 contracts

Samples: Note Subscription Agreement, Note Subscription Agreement (Cheng Zheng), Note Subscription Agreement (Cheng Zheng)

Immediate recourse. The Each Guarantor waives any right it may have of first requiring any of the Bank (or any trustee, agent or other person acting on its behalf) Financial Institutions to proceed against or enforce any other rights or security or claim payment from any other person before claiming from the such Guarantor under this GuaranteeClause 13.

Appears in 3 contracts

Samples: Facility Agreement (Security Capital U S Realty), Facility Agreement (Security Capital U S Realty), Facility Agreement (Security Capital U S Realty)

Immediate recourse. The Guarantor waives any right it may have of first requiring the Bank IFC (or any trustee, agent or other person acting on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Guarantor under this GuaranteeAgreement.

Appears in 3 contracts

Samples: Loan Agreement (Chindex International Inc), Loan Agreement (Chindex International Inc), Guarantee Agreement (Chindex International Inc)

Immediate recourse. The Guarantor waives any right it may have of first requiring the Bank Lender (or any trustee, trustee or agent or other person acting on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Guarantor under this GuaranteeClause 18. This waiver applies irrespective of any law or any provision of a Finance Document to the contrary.

Appears in 2 contracts

Samples: Facility Agreement (Harsco Corp), Facility Agreement (Harsco Corp)

Immediate recourse. The Guarantor waives any right it may have of first requiring the Bank DEG (or any trustee, agent or other person acting on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Guarantor under this GuaranteeAgreement.

Appears in 2 contracts

Samples: Loan Agreement (Chindex International Inc), Guarantee Agreement (Chindex International Inc)

Immediate recourse. The Guarantor waives any right it may have of first requiring the Bank a Beneficiary (or any trustee, trustee or agent or other person acting on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from the Guarantor under this Xxxxx Payment Guarantee. This waiver applies irrespective of any law or any provision of a relevant Agreement to the contrary.

Appears in 2 contracts

Samples: Finco Payment Guarantee (Avis Budget Group, Inc.), Finco Payment Guarantee (Avis Budget Group, Inc.)

Immediate recourse. The Each Guarantor waives any right it may have of first requiring the Bank Trustee or any Noteholder (or any trustee, trustee or agent or other person acting on its behalf) to proceed against or enforce any other rights or security or claim payment from any person Person before claiming from the that Guarantor under this GuaranteeClause 6. This waiver applies irrespective of any law or any provision of this Trust Deed or the Notes to the contrary.

Appears in 2 contracts

Samples: Trust Deed, Trust Deed

Immediate recourse. The Guarantor waives any right it may have of first requiring the Bank (or any trustee, agent or other person acting on its behalf) Lenders to proceed against or enforce any other rights or security of or claim payment from the Borrower or any other person before claiming from the Guarantor under this Guaranteehereunder.

Appears in 2 contracts

Samples: Facility Agreement (Sappi LTD), Facility Agreement (Sappi LTD)

Immediate recourse. The Each Guarantor waives any right it may have of first requiring any Purchaser, the Bank (Collateral Agent or any trustee, agent or other person acting on its behalf) Person to proceed against or enforce any other rights against the Company or security any Collateral, or to claim payment from any person before claiming from the Guarantor Company or any other Person, before making a claim against the Guarantors under this GuaranteeGuaranty.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Global Eagle Entertainment Inc.), Guaranty (Global Eagle Entertainment Inc.)

Immediate recourse. The Guarantor waives any right it may have of first requiring the Bank (or any trustee, agent or other person acting on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Guarantor under this GuaranteeDeed of Guarantee and Indemnity. This waiver applies irrespective of any law or any provision of the Finance Contract or this Deed of Guarantee and Indemnity to the contrary.

Appears in 1 contract

Samples: Finance Contract (Agco Corp /De)

Immediate recourse. The Each Guarantor waives any right it may have of first requiring the Bank (or any trustee, agent or other person acting on its behalf) Noteholder Trustee to proceed against or enforce any other rights or security or claim payment from any person before claiming from any of the Guarantor Guarantors under this GuaranteeAgreement. This waiver applies irrespective of any law or any provision of this Agreement or the Secured Notes to the contrary.

Appears in 1 contract

Samples: Noteholder Guarantee

Immediate recourse. The Guarantor waives any right it may have of first requiring the Administrative Agent, the Collateral Agent any Bank (or any trustee, agent or other person acting on its behalf) Person to proceed against or enforce any rights against the Borrower or any Collateral, or to claim from the Borrower or any other rights or security or Person, before making a claim payment from any person before claiming from against the Guarantor under this Guarantee.

Appears in 1 contract

Samples: Completion Guarantee (Midamerican Energy Holdings Co /New/)

Immediate recourse. The 8.1 Each Guarantor waives any right it may have of first requiring the Bank any Secured Creditor (or any trustee, trustee or agent or other person acting on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Guarantor Guarantors under this Guarantee. 8.2 This waiver applies irrespective of any law or any provision of a Guaranteed Document to the contrary.

Appears in 1 contract

Samples: Guarantee Agreement

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Immediate recourse. The Guarantor waives any right it may have of first requiring the Bank Lender (or any trustee, trustee or agent or other person acting on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Guarantor under this Guarantee. This waiver applies irrespective of any law or any provision of the Loan Agreement to the contrary.

Appears in 1 contract

Samples: Guarantee (Siberian Energy Group Inc.)

Immediate recourse. The Guarantor waives any right it may have of first requiring the Bank (or any trustee, agent or other person acting on its behalf) to proceed against or enforce any other rights or security of or claim payment from Borrower or any other person before claiming from the Guarantor under this Guaranteehereunder.

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

Immediate recourse. 6.1 The Guarantor waives any right it may have of first requiring the Bank Beneficiary (or any trustee, trustee or agent or other person acting on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Guarantor under this Guarantee. This waiver applies irrespective of any law or any provision of any Transaction Document to the contrary.

Appears in 1 contract

Samples: Deed of Guarantee (Trader Classified Media Nv)

Immediate recourse. The Guarantor waives any right it may have of first requiring the Bank Investor (or any trustee, trustee or agent or other person acting on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from the Guarantor under this GuaranteeSection 2. This waiver applies irrespective of any law to the contrary.

Appears in 1 contract

Samples: Note Subscription Agreement (Golden Meditech Holdings LTD)

Immediate recourse. The Guarantor waives any right it he may have of first requiring the Bank Investor (or any trustee, trustee or agent or other person acting on its behalf) to proceed against or enforce any other rights right or security or claim payment from any person before claiming from the Guarantor under this GuaranteeSection 2. This waiver applies irrespective of any law to the contrary.

Appears in 1 contract

Samples: Note Subscription Agreement (Golden Meditech Holdings LTD)

Immediate recourse. The Guarantor waives any right it may have of first requiring the Bank (or any trustee, agent or other person acting on its behalf) Lenders to proceed against or enforce any other rights or security or claim payment from the Borrower or any other person before claiming from the Guarantor under this Guaranteehereunder.

Appears in 1 contract

Samples: Facility Agreement (Sappi LTD)

Immediate recourse. The Guarantor waives any right it may have of first requiring the Bank (or any trustee, trustee or agent or other person acting on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the that Guarantor under this GuaranteeClause 15.

Appears in 1 contract

Samples: Bridge Facility Agreement (Autoliv Inc)

Immediate recourse. The Guarantor waives any right it may have of first requiring the Bank Beneficiary (or any trustee, trustee or agent or other person acting on its behalf) to proceed against or enforce any other rights or security or claim payment from any person before claiming from the Guarantor under this Guarantee. This waiver applies irrespective of any law or any provision of any other agreement to the contrary.

Appears in 1 contract

Samples: Service Concession Agreement

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