No Duty To Pursue Others. It shall not be necessary for Purchaser (and Guarantor hereby waives any rights which Guarantor may have to require Purchaser), in order to enforce the obligations of Guarantor hereunder, first to (i) institute suit or exhaust its remedies against Seller or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust Purchaser’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iii) join Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or (iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both Seller and Guarantor. Purchaser shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
Appears in 9 contracts
Samples: Guaranty (Cim Real Estate Finance Trust, Inc.), Guaranty (Claros Mortgage Trust, Inc.), Guaranty (FS Credit Real Estate Income Trust, Inc.)
No Duty To Pursue Others. It shall not be necessary for Purchaser Buyer (and Guarantor hereby waives any rights which Guarantor may have to require Purchaser), Buyer) in order to enforce the obligations of Guarantor hereunder, first to (ia) institute suit or exhaust its remedies against Seller or others liable on the Guaranteed Obligations or any other personObligations, (iib) enforce or exhaust PurchaserBuyer’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, Obligations (iiic) join Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty Guaranty, or (ivd) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both Seller , and Guarantor. Purchaser Buyer shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
Appears in 6 contracts
Samples: Guaranty Agreement (Colony NorthStar Credit Real Estate, Inc.), Guaranty Agreement (KKR Real Estate Finance Trust Inc.), Guaranty Agreement (KKR Real Estate Finance Trust Inc.)
No Duty To Pursue Others. It shall not be necessary for Purchaser (and Guarantor hereby waives any rights which Guarantor may have to require Purchaser), in order to enforce the obligations of Guarantor hereunder, first to (i) institute suit or exhaust its remedies against any Seller or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust Purchaser’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iii) join any Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or (iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both a Seller and Guarantor. Purchaser shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
Appears in 4 contracts
Samples: Master Repurchase Agreement (Blackstone Mortgage Trust, Inc.), Guaranty (Blackstone Mortgage Trust, Inc.), Guaranty
No Duty To Pursue Others. It shall not be necessary for Purchaser (and Guarantor hereby waives any rights which Guarantor may have to require Purchaser), in order to enforce the obligations of Guarantor hereunder, first to (i) institute suit or exhaust its remedies against Seller or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust Purchaser’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iii) join Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or (iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both Seller and Guarantor. Purchaser shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
Appears in 4 contracts
Samples: Guaranty (Granite Point Mortgage Trust Inc.), Guaranty (RAIT Financial Trust), Guaranty (ARC Realty Finance Trust, Inc.)
No Duty To Pursue Others. It shall not be necessary for Purchaser Buyer (and Guarantor hereby waives any rights which Guarantor may have to require PurchaserBuyer), in order to enforce the obligations of Guarantor hereunder, first to (i) institute suit or exhaust its remedies against Seller or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust PurchaserBuyer’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iii) join Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or (iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser Buyer shall not be entitled to actually receive payment of the same amounts from both Seller and Guarantor. Purchaser Buyer shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
Appears in 3 contracts
Samples: Guaranty (Cim Real Estate Finance Trust, Inc.), Guaranty (FS Credit Real Estate Income Trust, Inc.), Guaranty (FS Credit Real Estate Income Trust, Inc.)
No Duty To Pursue Others. It Lender shall not be necessary for Purchaser required (and Guarantor hereby waives any rights which Guarantor may have to require PurchaserLender), in order to enforce the obligations of Guarantor hereunder, first to (i) to institute suit or otherwise exhaust its remedies against Seller Borrower or others any other Persons liable on the Loan or the Guaranteed Obligations Obligations, or against any other personPerson, (ii) to enforce or exhaust PurchaserLender’s rights against any collateral which shall ever have been given to secure the Loan, (iii) to enforce Lender’s rights against any other guarantors of the Guaranteed Obligations, (iiiiv) to join Seller Borrower or any others other Persons liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty Guaranty, (v) to exhaust any available remedies against any collateral given to secure the Loan, or (ivvi) to resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both Seller and Guarantor. Purchaser shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
Appears in 3 contracts
Samples: Guaranty of Recourse Obligations (Stratus Properties Inc), Guaranty of Recourse Obligations (Strategic Storage Trust VI, Inc.), Guaranty of Recourse Obligations (Strategic Storage Trust VI, Inc.)
No Duty To Pursue Others. It shall not be necessary for Purchaser Buyer (and Guarantor hereby waives any rights which Guarantor may have to require PurchaserBuyer), in order to enforce the obligations of Guarantor hereunder, first to (i) institute suit or exhaust its remedies against Seller or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust PurchaserBuyer’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iii) join Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or (iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both Seller and Guarantor. Purchaser Buyer shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
Appears in 2 contracts
Samples: Guaranty (Colony NorthStar Credit Real Estate, Inc.), Guaranty (Blackstone Mortgage Trust, Inc.)
No Duty To Pursue Others. It shall not be necessary for Purchaser Purchaser, Repurchase Agent or Realisation Agent (and Guarantor hereby waives any rights which Guarantor may have to require Purchaser), in order to enforce the obligations of Guarantor hereunder, first to to
(i) institute suit or exhaust its remedies against any Seller or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust Purchaser’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iii) join any Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or or
(iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both a Seller and Guarantor. Purchaser None of Purchaser, Repurchase Agent or Realisation Agent shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
Appears in 1 contract
No Duty To Pursue Others. It shall not be necessary for Purchaser Lender (and Guarantor hereby waives any rights which Guarantor may have to require PurchaserLender), in order to enforce the obligations of Guarantor hereundersuch payment by Guarantor, first to (i) institute suit or exhaust its remedies against Seller or others liable on the Guaranteed Obligations or any other personBorrower, (ii) enforce or exhaust PurchaserLender’s rights against any collateral security which shall ever have been given to secure the Guaranteed ObligationsDebt, (iii) join Seller Borrower or any others liable on the Guaranteed Obligations Debt in any action seeking to enforce this Guaranty Guaranty, or (iv) resort to any other means of obtaining payment of the Guaranteed ObligationsDebt. Purchaser shall not be entitled to actually receive payment of the same amounts from both Seller and Guarantor. Purchaser Lender shall not be required to mitigate damages or take any other action to reduce, collect or enforce the Guaranteed ObligationsDebt.
Appears in 1 contract
No Duty To Pursue Others. It shall not be necessary for Purchaser or Collateral Agent (and Guarantor hereby waives any rights which Guarantor may have to require Purchaser), in order to enforce the obligations of Guarantor hereunder, first to (i) institute suit or exhaust its remedies against any Seller or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust Purchaser’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iii) join any Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or (iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both a Seller and Guarantor. Neither Purchaser nor Collateral Agent shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
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No Duty To Pursue Others. It shall not be necessary for Purchaser Buyer (and Guarantor hereby waives any rights which Guarantor may have to require PurchaserBuyer), in order to enforce the obligations of Guarantor hereunder, first to (i) institute suit or exhaust its remedies against Seller or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust PurchaserBuyer’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iiii) join Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or (iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser Buyer shall not be entitled to actually receive payment of the same amounts from both Seller and Guarantor. Purchaser Buyer shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
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No Duty To Pursue Others. It shall not be necessary for Purchaser (and Guarantor hereby waives any rights which Guarantor may have to require Purchaser), in order to enforce the obligations of Guarantor hereunder, first to (i) institute suit or exhaust its remedies against Seller or Swingline Subsidiary or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust Purchaser’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iii) join Seller or Swingline Subsidiary or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or (iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both Seller and Guarantor. Purchaser shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
Appears in 1 contract
No Duty To Pursue Others. (a) It shall not be necessary for Purchaser Buyer (and Guarantor hereby waives any rights which Guarantor may have to require PurchaserBuyer), in order to enforce the obligations of Guarantor hereunder, first to (i) institute suit or exhaust its remedies against Seller or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust PurchaserBuyer’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iii) join Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or (iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both Seller , and Guarantor. Purchaser (b) Buyer shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
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No Duty To Pursue Others. It shall not be necessary for Purchaser (and Guarantor hereby waives any rights which Guarantor may have to require Purchaser), in order to enforce the obligations of Guarantor hereunder, first to (i) institute suit or exhaust its remedies against Seller or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust Purchaser’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iii) join Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or (iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both Seller and Guarantor. Purchaser shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
Appears in 1 contract
No Duty To Pursue Others. It shall not be necessary for Purchaser (Wintrust, and Guarantor hereby waives any rights which such Guarantor may have to require Purchaser)Wintrust, in order to enforce the obligations of Guarantor hereundersuch payment by Guarantor, first to (ia) institute suit or exhaust its remedies against Seller Customer or others liable on the Guaranteed Obligations or any other person, (iib) enforce its rights or exhaust Purchaser’s rights any remedies available to it against any collateral security which shall ever have been given to secure the Guaranteed Obligations, (iiic) enforce its rights against any other guarantor of the Obligations, (d) join Seller Customer or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty Guaranty, or (ive) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both Seller and Guarantor. Purchaser Wintrust shall not be required to mitigate damages or take any other action to reduce, collect or enforce the Guaranteed Obligations.
Appears in 1 contract
Samples: Unlimited Continuing Guaranty Agreement (Better Choice Co Inc.)
No Duty To Pursue Others. It shall not be necessary for Purchaser (and Guarantor hereby waives any rights which Guarantor may have to require Purchaser), in order to enforce the obligations of Guarantor hereunder, first to (i) institute suit or exhaust its remedies against any Seller or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust Purchaser’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iii) join any Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or (iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both Seller and Guarantor. Purchaser shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
Appears in 1 contract
Samples: Guaranty (Starwood Credit Real Estate Income Trust)
No Duty To Pursue Others. It shall not be necessary for Purchaser (and Guarantor hereby waives any rights which Guarantor may have to require Purchaser), in order to enforce the obligations of Guarantor hereunder, first to (i) institute suit or exhaust its remedies against Seller or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust Purchaser’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iii) join iii)join Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or (iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both Seller and Guarantor. Purchaser shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
Appears in 1 contract
No Duty To Pursue Others. It shall not be necessary for Purchaser Buyer (and Guarantor Guarantors hereby waives waive any rights which Guarantor Guarantors may have to require PurchaserBuyer), in order to enforce the obligations of Guarantor Guarantors hereunder, first to (i) institute suit or exhaust its remedies against Seller or others liable on the Guaranteed Obligations or any other person, (ii) enforce or exhaust PurchaserBuyer’s rights against any collateral which shall ever have been given to secure the Guaranteed Obligations, (iii) join Seller or any others liable on the Guaranteed Obligations in any action seeking to enforce this Guaranty or (iv) resort to any other means of obtaining payment of the Guaranteed Obligations. Purchaser shall not be entitled to actually receive payment of the same amounts from both Seller and Guarantor. Purchaser Buyer shall not be required to mitigate damages or take any other action to collect or enforce the Guaranteed Obligations.
Appears in 1 contract
Samples: Guaranty (Gramercy Capital Corp)