Common use of No Obligation to Pursue Others Clause in Contracts

No Obligation to Pursue Others. Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person liable for them and Lender may release, modify or waive any collateral provided by any other person to secure any of the Obligations, all without affecting Lender's rights against Borrower. Borrower waives any right it may have to require Lender to pursue any third person for any of the Obligations.

Appears in 1 contract

Samples: Security Agreement (HPL Technologies Inc)

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No Obligation to Pursue Others. Lender has shall have no obligation to attempt to satisfy the Obligations by collecting them from any other person third Person which may be liable for them or any portion thereof, and Lender may release, modify or waive any collateral provided by any other person to secure Person as security for the Obligations or any of the Obligationsportion thereof, all without affecting Lender's rights against Borrower. Borrower waives any right it may have to require Lender to pursue any third person Person for any of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Formfactor Inc)

No Obligation to Pursue Others. The Lender has no obligation to attempt to satisfy the Obligations by collecting them from any other person liable for them and the Lender may release, modify or waive any collateral Collateral provided by any other person to secure any of the Obligations, all without affecting the Lender's ’s rights against Borrowerthe Debtor. Borrower The Debtor waives any right it may have to require the Lender to pursue any third person for any of the Obligations.

Appears in 1 contract

Samples: Security Agreement (Safenet Inc)

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No Obligation to Pursue Others. Lender has no obligation to attempt to satisfy the Secured Obligations by collecting them from any other person third party liable for them and Lender may release, modify or waive any collateral provided by any other person third party to secure any of the Secured Obligations, all without affecting Lender's rights right against Borrower. Borrower waives any right it may have to require Lender to pursue any third person party for any of the Secured Obligations.

Appears in 1 contract

Samples: Security Agreement (Iprint Technologies Inc)

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