No requirement to commence proceedings against Borrower. Neither the Agent nor any other Creditor Party will need to make any demand under, commence any proceedings under, or enforce any guarantee or any Security Interest contained in or created by, the Loan Agreement or any other Finance Document before claiming or commencing proceedings under this Guarantee.
Appears in 4 contracts
Samples: Guarantee (Prestige Cruises International, Inc.), Guarantee (Prestige Cruises International, Inc.), Guarantee (Prestige Cruises International, Inc.)