Recourse to Security. Aurizon Network may have recourse to the Security in respect of any amount which the Access Holder fails to pay under or in connection with this Agreement:
Recourse to Security. Recourse to security shall not be required for any Obligation hereunder and the Borrower hereby waives any requirement that the Agent or the Lenders exhaust any right or take any action against any of the Collateral before proceeding to enforce the Obligations against the Borrower.
Recourse to Security. Aurizon Network may have recourse to the Security where the End User fails to pay any amount payable by the End User to Aurizon Network under, or in connection with, this Agreement:
Recourse to Security. Recourse to security shall not be required for any Obligation hereunder, and the Borrowers hereby waive any requirement that the Agent or any Secured Party exhaust any right or take any action against any of the Collateral before proceeding to enforce the Obligations against the Borrowers.
Recourse to Security. Recourse to security shall not be required for any Obligation hereunder and the Company hereby waives any requirement that the Lender exhausts any right or take any action against any of the Collateral before proceeding to enforce the Obligations against the Company.
Recourse to Security. Borrower specifically understands and agrees that Lender’s recourse against and/or to any security or Collateral shall not be required as a prior condition to Lender’s exercise of any of its rights and remedies hereunder.
Recourse to Security. (a) The Holding Party may from time to time have immediate recourse to the Security, and for that purpose may convert into money any Security that does not consist of money, to recover:
Recourse to Security. Recourse to security shall not be required for any Obligation hereunder, and the Borrower hereby waives any requirement that the Agent or the Lenders exhaust any right or take any action against any of the Collateral before proceeding to enforce the Obligations against the Borrower.
Recourse to Security. 30 SECTION 3.3 Special Provisions Relating to Inventory.............................................30 SECTION 3.4 Special Provisions Relating to Receivables...........................................31 SECTION 3.5 Special Provisions Relating to Equipment.............................................32 SECTION 3.6 Continuation of Liens, Etc...........................................................32 SECTION 3.7
Recourse to Security. If the NAC fails to pay payments due to the Artist, the Artist shall have an alternative right to receive such payments out of any security deposited with Equity by the NAC. Equity agrees to notify the NAC by telephone or facsimile transmission of its intention to claim on such security, prior to doing so. The NAC agrees to replenish the security deposit upon receipt of a request from Equity. Acceptance by the Artist of payment in full shall be a waiver of the Artist’s right to terminate the Artist’s contract with the NAC.