No Obligation To Take Action Against the Co-Issuers. None of the Trustee, the Collateral Trustee or any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Co-Issuers or any other Person or any property of the Co-Issuers or any other Person before the Trustee is entitled to demand payment and performance by any or all Guarantors of their liabilities and obligations under their Note Guarantees or under this Indenture.
Appears in 7 contracts
Samples: Intercreditor Agreement (Navios Maritime Holdings Inc.), Supplemental Indenture (Navios Maritime Holdings Inc.), Pledge Agreement (Navios South American Logistics Inc.)
No Obligation To Take Action Against the Co-Issuers. None of Neither the Trustee, the Collateral Trustee or nor any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Co-Issuers or any other Person or any property of the Co-Issuers or any other Person before the Trustee is entitled to demand payment and performance by any or all Guarantors of their liabilities and obligations under their Note Guarantees or under this Indenture.
Appears in 6 contracts
Samples: Navios South American (Navios South American Logistics Inc.), Indenture (Navios Maritime Acquisition CORP), Supplemental Indenture (Petrolera San Antonio S.A.)
