Common use of No Obligation To Take Action Against the Issuer Clause in Contracts

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Issuer or any other Person or any property of the Issuer 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 Guarantees or under this Indenture.

Appears in 17 contracts

Samples: Supplemental Indenture (Warner Music Group Corp.), Indenture (Warner Music Group Corp.), Refinancing Agreement (Warner Music Group Corp.)

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No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Obligations or against the Issuer or any other Person or any property of the Issuer 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 Guarantees or Obligations under this Indenture.

Appears in 14 contracts

Samples: Indenture (Light & Wonder, Inc.), Indenture (Scientific Games Corp), Indenture (Scientific Games Corp)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Issuer or any other Person or any property of the Issuer 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 10 contracts

Samples: Cargo Aircraft (Air Transport Services Group, Inc.), Indenture (Ply Gem Holdings Inc), Ply Gem Holdings Inc

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Issuer’s obligations under the notes or this Indenture, or against the Issuer or any other Person or any property Property of the Issuer or any other Person before the Trustee is entitled to demand payment and performance by any or all Subsidiary Guarantors of their liabilities and obligations under their Subsidiary Guarantees or under this Indenture.

Appears in 9 contracts

Samples: Chaparral Energy, Inc., Indenture (Chaparral Energy, Inc.), Indenture (Chaparral Energy, Inc.)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Obligations or against the Issuer or any other Person or any property of the such Issuer 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 Guarantees or under this Indenture.

Appears in 9 contracts

Samples: Indenture (Clean Harbors Inc), Clean Harbors Inc, Indenture (Clean Harbors Inc)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Issuer or any other Person or any property of the Issuer 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 the Guarantees or otherwise under this Indenture.

Appears in 7 contracts

Samples: Supplemental Indenture (Alere Inc.), Supplemental Indenture (Alere Inc.), Indenture (Alere Inc.)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Issuer or any other Person or any property of the Issuer 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 Subsidiary Guarantees or under this Indenture.

Appears in 4 contracts

Samples: Supplemental Indenture (PGT Innovations, Inc.), PGT Innovations, Inc., Indenture (Advanced Disposal Services, Inc.)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Issuer’s obligations under the notes or this Indenture, or against the Issuer or any other Person or any property Property of the Issuer 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 2 contracts

Samples: First Supplemental Indenture (GMX Resources Inc), Indenture (GMX Resources Inc)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Obligations or against the Issuer or any other Person or any property of the Issuer or any other Person before the Trustee is entitled to demand payment and performance by any or all Subsidiary Guarantors of their liabilities and obligations under their Subsidiary Guarantees or under this Indenture.

Appears in 2 contracts

Samples: Indenture (Aventine Renewable Energy Holdings Inc), Aventine Renewable Energy Holdings Inc

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Note Obligations or against the Issuer or any other Person or any property of the Issuer or any other Person before the Trustee is entitled to demand payment and performance by any or all Subsidiary Guarantors of their liabilities and obligations the Note Obligations under their Note Guarantees or under this Indenture.

Appears in 2 contracts

Samples: Verasun Energy Corp, Security Agreement (Verasun Energy Corp)

No Obligation To Take Action Against the Issuer. Neither None of the Trustee nor Trustee, the Security Agent or any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Issuer or any other Person or any property of the Issuer 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 Guarantees or under this Indenture.. Global Ship Lease, Inc. Indenture Page 108

Appears in 1 contract

Samples: Indenture (Global Ship Lease, Inc.)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Obligations or against the Issuer or any other Person or any property of the Issuer 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 Guarantees or under this Indenture.

Appears in 1 contract

Samples: Indenture (Standard Commercial Corp)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Issuer’s obligations under the notes or this First Supplemental Indenture, or against the Issuer or any other Person or any property Property of the Issuer or any other Person before the Trustee is entitled to demand payment and performance by any or all Subsidiary Guarantors of their liabilities and obligations under their Subsidiary Guarantees or under this First Supplemental Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Rosetta Resources Inc.)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Issuer or any other Person or any property of the Issuer 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 Guarantees or under this Indenture.. 116

Appears in 1 contract

Samples: Indenture (Warner Music Group Corp.)

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No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Issuer or any other Person or any property of the Issuer 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 in respect of their Guarantees or Guaranties under this Indenture.

Appears in 1 contract

Samples: Interline (Interline Brands, Inc./De)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Issuer's Obligations under this Indenture or the Senior Notes, or against the Issuer or any other Person or any property of the Issuer 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 Guarantees or under this Indenture.

Appears in 1 contract

Samples: Indenture (Southwest Royalties Inc)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Obligations or against the Issuer or any other Person or any property of the Issuer or any other Person before the Trustee is entitled to demand payment and performance by any or all Subsidiary Guarantors of their liabilities and obligations under their Guarantees or Obligations under this Indenture.

Appears in 1 contract

Samples: Indenture (Revlon Inc /De/)

No Obligation To Take Action Against the Issuer. Neither None of the Trustee nor Trustee, the Security Agent or any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Issuer or any other Person or any property of the Issuer 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 Guarantees or under this Indenture.

Appears in 1 contract

Samples: Indenture (Global Ship Lease, Inc.)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Indenture Obligations or against the Issuer or any other Person or any property of the Issuer 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 Guarantees or under this Indenture.

Appears in 1 contract

Samples: Indenture (Cbocs Sierra Inc)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Issuer’s obligations under the notes or this Third Supplemental Indenture, or against the Issuer or any other Person or any property Property of the Issuer or any other Person before the Trustee is entitled to demand payment and performance by any or all Subsidiary Guarantors of their liabilities and obligations under their Subsidiary Guarantees or under this Third Supplemental Indenture.

Appears in 1 contract

Samples: Third Supplemental Indenture (Rosetta Resources Inc.)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Issuer's Obligations under this Indenture or the Notes, or against the Issuer or any other Person or any property of the Issuer 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 Guarantees or under this Indenture.

Appears in 1 contract

Samples: Indenture (Southwest Royalties Holdings Inc)

No Obligation To Take Action Against the Issuer. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies or to take any other steps under any security for the Issuer’s obligations under the notes or this Second Supplemental Indenture, or against the Issuer or any other Person or any property Property of the Issuer or any other Person before the Trustee is entitled to demand payment and performance by any or all Subsidiary Guarantors of their liabilities and obligations under their Subsidiary Guarantees or under this Second Supplemental Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Rosetta Resources Inc.)

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