Common use of Preservation of Rights Clause in Contracts

Preservation of Rights. The Administrative Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Collateral.

Appears in 54 contracts

Samples: Credit Agreement (Biodesix Inc), Security Agreement (Biodesix Inc), Security Agreement (GeneDx Holdings Corp.)

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Preservation of Rights. The Administrative Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Collateral.

Appears in 7 contracts

Samples: Security Agreement (Chembio Diagnostics, Inc.), Security Agreement (Icagen, Inc.), Security Agreement (Icagen, Inc.)

Preservation of Rights. The Administrative Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Collateral.. Pledge Agreement

Appears in 3 contracts

Samples: Pledge Agreement (United Stationers Supply Co), Credit Agreement (Centennial Cellular Corp), Credit Agreement (Cambrex Corp)

Preservation of Rights. The Administrative Agent shall not be ---------------------- required to take steps necessary to preserve any rights against prior parties to any of the Collateral.

Appears in 3 contracts

Samples: Credit Agreement (Mediacom Capital Corp), Pledge Agreement (Griffon Corp), Credit Agreement (Mediacom LLC)

Preservation of Rights. The Except in accordance with applicable Law, Administrative Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Collateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Fuelcell Energy Inc), Pledge and Security Agreement (Fuelcell Energy Inc)

Preservation of Rights. The Administrative Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the ofthe Collateral.

Appears in 1 contract

Samples: Loan Agreement (Acadia Realty Trust)

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Preservation of Rights. The Administrative Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Series A Collateral.

Appears in 1 contract

Samples: Guarantee and Security Agreement (Be Aerospace Inc)

Preservation of Rights. The Administrative Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Collateral.. Security Agreement

Appears in 1 contract

Samples: Credit Agreement (Chart Industries Inc)

Preservation of Rights. The Administrative Agent shall not ---------------------- be required to take steps necessary to preserve any rights against prior parties to any of the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Mediacom LLC)

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