Common use of No requirement to commence Clause in Contracts

No requirement to commence. proceedings against Borrower. Neither the Security Trustee nor any other Finance Party will need to commence any proceedings under, or enforce any Lien Interest created by, the Credit Agreement or any other Finance Document before commencing proceedings under, or enforcing the Lien Interest created by this Mortgage.

No requirement to commence. proceedings against BorrowerBorrowers. Neither the Security Trustee nor any other Finance Creditor Party will need to commence any proceedings under, or enforce any Lien Security Interest created by, the Credit Loan Agreement, the Master Agreement or any other Finance Document before claiming or commencing proceedings under, or enforcing the Lien Interest created by under this MortgageGuarantee.

No requirement to commence. proceedings against Borrower. Neither the Security Trustee nor any other Finance Creditor Party will need to commence any proceedings under, or enforce any Lien Security Interest created by, the Credit Agreement Loan Agreement, any of the Master Agreements or any other Finance Document before claiming or commencing proceedings under, or enforcing the Lien Interest created by under this MortgageGuarantee.

No requirement to commence. proceedings against Borrower. Neither the Security Trustee nor any other Finance Party will need to commence any proceedings under, or enforce any Lien Security Interest created by, the Credit Agreement or Agreement, any other Finance Document before commencing proceedings under, or enforcing the Lien any Security Interest created by by, this Mortgage.

No requirement to commence. proceedings against the Borrower. Neither the Security Trustee nor any other Finance Creditor Party will need to commence any proceedings under, or enforce any Lien Security Interest created by, the Credit Loan Agreement or any other Finance Document before claiming or commencing proceedings under, or enforcing the Lien Interest created by under this MortgageGuarantee.