Common use of No Obligation to Take Action Against the Issuers Clause in Contracts

No Obligation to Take Action Against the Issuers. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Issuers or any other Person or any property of the 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: Indenture (Westmoreland Energy LLC), Indenture (WESTMORELAND COAL Co), Indenture (Norcraft Holdings, L.P.)

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No Obligation to Take Action Against the Issuers. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Issuers Issuer or any other Person or any property of the Issuers 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 7 contracts

Samples: Indenture (Us Concrete Inc), Indenture (Bode Concrete LLC), Indenture (Bode Concrete LLC)

No Obligation to Take Action Against the Issuers. Neither To the fullest extent permitted by applicable law, neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Issuers or any other Person or any property of the 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 5 contracts

Samples: Indenture (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Indenture (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Indenture (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)

No Obligation to Take Action Against the Issuers. 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 Issuers or any other Person or any property of the such 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 5 contracts

Samples: Indenture (Quality Distribution Inc), Indenture (Quality Distribution Inc), Indenture (Quality Distribution Inc)

No Obligation to Take Action Against the Issuers. 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 Issuers either Issuer or any other Person or any property of the Issuers 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 Note Subsidiary Guarantees or under this Indenture.

Appears in 3 contracts

Samples: Indenture (RPP Capital Corp), Indenture (RPP Capital Corp), Indenture (RPP Capital Corp)

No Obligation to Take Action Against the Issuers. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Issuers or any other Person or any property of the 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 2 contracts

Samples: Indenture (Warner Chilcott PLC), Indenture (Houghton Mifflin Finance, Inc.)

No Obligation to Take Action Against the Issuers. 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 Issuers or any other Person or any property Property of the Issuers 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 Note Guarantees or under this Indenture.

Appears in 2 contracts

Samples: Indenture (Abraxas Petroleum Corp), Indenture (Canadian Abraxas Petroleum LTD)

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No Obligation to Take Action Against the Issuers. Neither the Trustee nor any other Person shall have any obligation to enforce or exhaust any rights or remedies against the Issuers any Co-Issuer or any other Person or any property of the Issuers any Co-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 1 contract

Samples: Indenture (Universal City Florida Holding Co. I)

No Obligation to Take Action Against the Issuers. 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 Issuers either Issuer or any other Person or any property of the Issuers 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 Note Guarantees or under this Indenture.

Appears in 1 contract

Samples: Indenture (Progress Rail Services, Inc.)

No Obligation to Take Action Against the Issuers. 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 of the Issuers under this Indenture or the Notes or against the Issuers or any other Person or any property Property of the Issuers 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 Note Guarantees or under this Indenture.

Appears in 1 contract

Samples: Indenture (Canadian Abraxas Petroleum LTD)

No Obligation to Take Action Against the Issuers. 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 Issuers any Issuer or any other Person or any property of the Issuers any 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.. -84- 89

Appears in 1 contract

Samples: Indenture (Natg Holdings LLC)

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