Rights of Company. Guarantor hereby grants to Company, in Company’s discretion and without the need to notify or obtain any consent from Guarantor, and without termination, impairment, or any other effect upon Guarantor’s duties hereunder, the power and authority from time to time: (a) to renew, compromise, extend, accelerate, or otherwise change, substitute, supersede, or terminate the terms of performance of any of the Obligations, in each case in accordance with the PPA; (b) to grant any indulgences, forbearances, and waivers, on one or more occasions, for any length of time, with respect to Seller’s performance of any of the Obligations; and (c) to accept collateral, further guaranties, and/or other security for the Obligations, and, if so accepted, then to impair, exhaust, exchange, enforce, waive, or release any such security.
Appears in 6 contracts
Samples: Non Wires Alternative Services Agreement, Solar Energy Purchase Agreement, Energy Purchase Agreement
