Common use of Other Parties and Other Collateral Clause in Contracts

Other Parties and Other Collateral. No renewal or extension of or any other indulgence with respect to the Obligations or any part thereof, no release of any security, no release of any person (including any maker, endorser, guarantor or surety) liable on the Obligations, no delay in enforcement of payment, and no delay or omission or lack of diligence or care in exercising any right or power with respect to the Obligations or any security therefor or guaranty thereof or under this Agreement shall in any manner impair or affect the rights of the Secured Parties under the law, hereunder, or under any other agreement pertaining to the Collateral. Secured Parties need not file suit or assert a claim for personal judgment against any person for any part of the Obligations or seek to realize upon any other security for the Obligations, before foreclosing upon the Collateral for the purpose of paying the Obligations. Debtor waives any right to the benefit of or to require or control application of any other security or proceeds thereof, and agrees that the Secured Parties shall have no duty or obligation to Debtor to apply to the Obligations any such other security or proceeds thereof.

Other Parties and Other Collateral. No renewal or extension of or any other indulgence with respect to the Obligations Obligation or any part thereof, no release of any security, no release of any person (including any maker, endorserindorser, guarantor or surety) liable on the ObligationsObligation, no delay in enforcement of payment, and no delay or omission or lack of diligence or care in exercising any right or power with respect to the Obligations Obligation or any security therefor or guaranty thereof or under this Agreement agreement shall in any manner impair or affect the rights of the Secured Parties Bank under the law, hereunder, or under any other agreement pertaining to the Collateral. Secured Parties Bank need not file suit or assert a claim for personal judgment judgement against any person for any part of the Obligations Obligation or seek to realize upon any other security for the ObligationsObligation, before foreclosing or otherwise realizing upon the Collateral for the purpose of paying the ObligationsObligation. Debtor waives any right to the benefit of or to require or control application of any other security or proceeds thereof, and agrees that the Secured Parties Bank shall have no duty or obligation to Debtor to apply to the Obligations Obligation any such other security or proceeds thereof.

Other Parties and Other Collateral. No renewal or extension of or any ---------------------------------- other indulgence with respect to the Obligations Obligation or any part thereof, no release of any security, no release of any person (including any maker, endorserindorser, guarantor or surety) liable on the ObligationsObligation, no delay in enforcement of payment, and no delay or omission or lack of diligence or care in exercising any right or power with respect to the Obligations Obligation or any security therefor or guaranty thereof or under this Agreement shall in any manner impair or affect the rights of the Secured Parties under the law, hereunder, or under any other agreement pertaining to the Collateral. Secured Parties need not file suit or assert a claim for personal judgment against any person for any part of the Obligations Obligation or seek to realize upon any other security for the ObligationsObligation, before foreclosing or otherwise realizing upon the Collateral for the purpose of paying the ObligationsObligation. Debtor waives any right to the benefit of or to require or control application of any other security or proceeds thereof, and agrees that the Secured Parties shall have no duty or obligation to Debtor to apply to the Obligations Obligation any such other security or proceeds thereof.