Rights additional. All the rights of the Pledgee hereunder shall be in addition to any other right vested in the Pledgee and all such rights may be exercised from time to time and as often as the Pledgee may deem expedient. The Pledgor waives any right it may have of first requiring the Pledgee to proceed against or claim payment from any other party, or enforce any guarantee or security before enforcing the Pledge.
Appears in 5 contracts
Samples: Share Pledge Agreement (Solutia Inc), Share Pledge Agreement (Solutia Inc), Commercial Receivables Pledge Agreement (Solutia Inc)
Rights additional. All the rights of the Pledgee hereunder shall be in addition to any other right vested in the Pledgee and all such rights may be exercised from time to time and as often as the Pledgee may deem expedient. The Pledgor waives any right it may have of first requiring the Pledgee (or any agent on its behalf) to proceed against or claim payment from any other party, or enforce any guarantee or security before enforcing the Pledge.
Appears in 1 contract
