Common use of Other Security and Guaranties Clause in Contracts

Other Security and Guaranties. Administrative Agents or any Lender may, without notice or demand and without affecting Reseller’s obligations hereunder, from time to time, for the benefit of the other Lenders and Administrative Agents (based upon each Lender’s Pro-Rata Share): (a) take from any Person and hold collateral (other than the Collateral) for the payment of all or any part of the Loan Obligations and exchange, enforce and release such collateral or any part thereof; and (b) accept and hold any endorsement or Guaranty of payment of all or any part of the Loan Obligations and release or substitute any such endorser or Guarantor, or any Person who has given any Security Interest in any other collateral as security for the payment of all or any part of the Loan Obligations, or any other Person in any way obligated to pay all or any part of the Loan Obligations.

Other Security and Guaranties. Administrative Agents Agent or any Lender may, in each case for the benefit of all of the Lenders, without notice or demand and without affecting Reseller’s Borrower's obligations hereunder, from time to time, for the benefit of the other Lenders and Administrative Agents (based upon each Lender’s Pro-Rata Share): : (a) take from any Person (other than Borrower) and hold collateral (other than the Collateral) for the payment of all or any part of the Loan Obligations and exchange, enforce and release such collateral or any part thereof; and (b) accept and hold any endorsement or Guaranty guaranty of payment of all or any part of the Loan Obligations and release or substitute any such endorser or Guarantorguarantor, or any Person (other than Borrower) who has given any Security Interest in any other collateral as security for the payment of all or any part of the Loan Obligations, or any other Person (other than Borrower) in any way obligated to pay all or any part of the Loan Obligations.

Other Security and Guaranties. Administrative Agents or any Lender may, without notice or demand and without affecting Reseller’s Resellers’ obligations hereunder, from time to time, for the benefit of the other Lenders and Administrative Agents (based upon each Lender’s Pro-Rata Share): (a) take from any Person and hold collateral (other than the Collateral) for the payment of all or any part of the Loan Obligations and exchange, enforce and release such collateral or any part thereof; and (b) accept and hold any endorsement or Guaranty Guarantee of payment of all or any part of the Loan Obligations and release or substitute any such endorser or Guarantor, or any Person who has given any Security Interest Lien in any other collateral as security for the payment of all or any part of the Loan Obligations, or any other Person in any way obligated to pay all or any part of the Loan Obligations.

Other Security and Guaranties. Administrative Agents Agent or any Lender may, without notice or demand and without affecting Reseller’s Borrower's obligations hereunder, from time to time, for the benefit of the other Lenders and Administrative Agents Agent (based upon each Lender’s Pro's pro-Rata Sharerata share): (a) take from any Person and hold collateral (other than the Collateral) for the payment of all or any part of the Loan Obligations and exchange, enforce and release such collateral or any part thereof; and (b) accept and hold any endorsement or Guaranty of payment of all or any part of the Loan Obligations and release or substitute any such endorser or Guarantor, or any Person who has given any Security Interest in any other collateral as security for the payment of all or any part of the Loan Obligations, or any other Person in any way obligated to pay all or any part of the Loan Obligations.

Other Security and Guaranties. Administrative Agents Agent or any Lender may, without notice or demand and without affecting ResellerBorrower’s obligations hereunder, from time to time, for the benefit of the other Lenders and Administrative Agents Agent (based upon each Lender’s Propro-Rata Sharerata share): (a) take from any Person and hold collateral (other than the Collateral) for the payment of all or any part of the Loan Obligations and exchange, enforce and release such collateral or any part thereof; and (b) accept and hold any endorsement or Guaranty of payment of all or any part of the Loan Obligations and release or substitute any such endorser or Guarantor, or any Person who has given any Security Interest in any other collateral as security for the payment of all or any part of the Loan Obligations, or any other Person in any way obligated to pay all or any part of the Loan Obligations.