Common use of Recourse to other security Clause in Contracts

Recourse to other security. The Lender shall not be obliged to make any claim or demand or to resort to any Finance Document or other means of payment now or hereafter held by or available to it for enforcing this Agreement or any of the other Finance Documents against the Security Parties (or any of them) or any other person liable and no action taken or omitted by the Lender in connection with any such Finance Document or other means of payment will discharge, reduce, prejudice or affect the liability of any Security Party under this Agreement and the other Finance Documents to which it is, or is to be, a party.

Recourse to other security. The Lender shall not be obliged to make any claim or demand or to resort to any Finance Document or other means of payment now or hereafter held by or available to it for enforcing this Agreement or any of the other Finance Documents against the Security Parties (or any of them) or any other person liable and no action taken or omitted by the Lender in connection with any such Finance Document or other means of payment will discharge, reduce, prejudice or affect the liability of any Security Party under this Agreement and the other Finance Documents to which it is, or is to be, a party.

Recourse to other security. The Lender shall not be obliged to make any claim or demand or to resort to any Finance Document security or other means of payment now or hereafter held by or available to it them for enforcing this Agreement or any of the other Finance Security Documents against the Security Parties (or any of them) Borrower or any other person liable and no action taken or omitted by the Lender in connection with any such Finance Document security or other means of payment will discharge, reduce, prejudice or affect the liability of any the Borrowers under the Security Party under this Agreement and the other Finance Documents to which it any of them is, or is to be, a party.

Recourse to other security. The Lender shall not be obliged to make any claim or demand or to resort to any Finance Security Document or other means of payment now or hereafter held by or available to it for enforcing this Agreement or any of the other Finance Security Documents against the Security Parties (or any of them) or any other person liable and no action taken or omitted by the Lender in connection with any such Finance Security Document or other means of payment will discharge, reduce, prejudice or affect the liability of any Security Party under this Agreement and the other Finance Security Documents to which it is, or is to be, a party.

Recourse to other security. The Lender shall not be obliged to make any claim or demand or to resort to any Finance Document security or other means of payment now or hereafter held by or available to it them for enforcing this Agreement or any of the other Finance Security Documents against the Security Parties (or any of them) either Borrower or any other person liable and no action taken or omitted by the Lender in connection with any such Finance Document security or other means of payment will discharge, reduce, prejudice or affect the liability of any the Borrowers under the Security Party under this Agreement and the other Finance Documents to which it any of them is, or is to be, a party.