Common use of Rights of Lenders Clause in Contracts

Rights of Lenders. Each Guarantor consents and agrees that Lender may, at any time and from time to time, without notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise, discharge, accelerate, increase or otherwise change the time for payment or the terms of the Obligations or any part thereof; (b) take, hold, exchange, enforce, waive, release, fail to perfect, sell, or otherwise dispose of any security for the payment of this Guaranty or any Obligations; (c) apply such security and direct the order or manner of sale thereof as the Lender in its sole discretion may determine; and (d) release or substitute one or more of any endorsers or other guarantors of any of the Obligations. Without limiting the generality of the foregoing, Guarantors consent to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of Guarantors under this Guaranty or which, but for this provision, might operate as a discharge of Guarantors.

Rights of Lenders. Each Guarantor Company consents and agrees that Lender the Guaranteed Parties may, at any time and from time to time, without notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise, discharge, accelerate, increase accelerate or otherwise change the time for payment or the terms of the Obligations or any part thereof; (b) take, hold, exchange, enforce, waive, release, fail to perfect, sell, or otherwise dispose of any security for the payment of this Guaranty or any Obligations; (c) apply such security and direct the order or manner of sale thereof as the Lender Administrative Agent and the Lenders in its their sole discretion may determine; and (d) release or substitute one or more of any endorsers or other guarantors of any of the Obligations. Without limiting the generality of the foregoing, Guarantors consent Company consents to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of Guarantors Company under this Guaranty or which, but for this provision, might operate as a discharge of GuarantorsCompany.

Rights of Lenders. Each Guarantor Holdings consents and agrees that Lender the Secured Parties may, at any time and from time to time, without notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise, discharge, accelerate, increase accelerate or otherwise change the time for payment or the terms of the Obligations or any part thereof; (b) take, hold, exchange, enforce, waive, release, fail to perfect, sell, or otherwise dispose of any security for the payment of this Guaranty or any Obligations; (c) apply such security and direct the order or manner of sale thereof as the Lender Administrative Agent and the Lenders in its their sole discretion may determine; and (d) release or substitute one or more of any endorsers or other guarantors of any of the Obligations. Without limiting the generality of the foregoing, Guarantors consent each Guarantor consents to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of Guarantors Holdings under this Guaranty or which, but for this provision, might operate as a discharge of Guarantorsany Guarantor.

Rights of Lenders. Each Guarantor consents and agrees that Lender the Lenders may, at any time and from time to time, without notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise, discharge, accelerate, increase accelerate or otherwise change the time for payment or the terms of the Obligations or any part thereof; (b) take, hold, exchange, enforce, waive, release, fail to perfect, sell, or otherwise dispose of any security for the payment of this Guaranty or any Obligations; (c) apply such security and direct the order or manner of sale thereof as the each Lender may determine in its sole discretion may determinediscretion; and (d) release or substitute one or more of any endorsers or other guarantors of any of the Obligations. Without limiting the generality of the foregoing, Guarantors consent each Guarantor consents to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of Guarantors such Guarantor under this Guaranty or which, but for this provision, might operate as a discharge of Guarantorssuch Guarantor.

Rights of Lenders. Each Guarantor The Parent consents and agrees that Lender the Secured Parties may, at any time and from time to time, without notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise, discharge, accelerate, increase accelerate or otherwise change the time for payment or the terms of the Obligations or any part thereof; (b) take, hold, exchange, enforce, waive, release, fail to perfect, sell, or otherwise dispose of any security for the payment of this Guaranty or any Obligations; (c) apply such security and direct the order or manner of sale thereof as the Lender Administrative Agent and the Lenders in its their sole discretion may determine; and (d) release or substitute one or more of any endorsers or other guarantors of any of the Obligations. Without limiting the generality of the foregoing, Guarantors consent the Parent consents to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of Guarantors the Parent under this Guaranty or which, but for this provision, might operate as a discharge of Guarantorsthe Parent.

Rights of Lenders. Each Guarantor Holdings consents and agrees that Lender the Secured Parties may, at any time and from time to time, without notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise, discharge, accelerate, increase accelerate 120 or otherwise change the time for payment or the terms of the Obligations or any part thereof; (b) take, hold, exchange, enforce, waive, release, fail to perfect, sell, or otherwise dispose of any security for the payment of this Guaranty or any Obligations; (c) apply such security and direct the order or manner of sale thereof as the Lender Administrative Agent and the Lenders in its their sole discretion may determine; and (d) release or substitute one or more of any endorsers or other guarantors of any of the Obligations. Without limiting the generality of the foregoing, Guarantors consent Holdings consents to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of Guarantors Holdings under this Guaranty or which, but for this provision, might operate as a discharge of GuarantorsHoldings.

Rights of Lenders. Each Guarantor The Company consents and agrees that Lender the Lenders may, at any time and from time to time, without notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise, discharge, accelerate, increase accelerate or otherwise change the time for payment or the terms of the Obligations or any part thereof; (b) take, hold, exchange, enforce, waive, release, fail to perfect, sell, or otherwise dispose of any security for the payment of this Guaranty or any Obligations; (c) apply such security and direct the order or manner of sale thereof as the Lender Administrative Agent and the Lenders in its their sole discretion may determine; and (d) release or substitute one or more of any endorsers or other guarantors of any of the Obligations. Without limiting the generality of the foregoing, Guarantors consent the Company consents to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of Guarantors the Company under this Guaranty or which, but for this provision, might operate as a discharge of Guarantorsthe Company.

Rights of Lenders. Each Guarantor Holdings consents and agrees that Lender the Guarantied Parties may, at any time and from time to time, without notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise, discharge, accelerate, increase accelerate or otherwise change the time for payment or the terms of the Obligations or any part thereof; (b) take, hold, exchange, enforce, waive, release, fail to perfect, sell, or otherwise dispose of any security for the payment of this Guaranty or any Obligations; (c) apply such security and direct the order or manner of sale thereof as the Lender Administrative Agent and the Lenders in its their sole discretion may determine; and (d) release or substitute one or more of any endorsers or other guarantors of any of the Obligations. Without limiting the generality of the foregoing, Guarantors consent Holdings consents to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of Guarantors Holdings under this Guaranty or which, but for this provision, might operate as a discharge of GuarantorsHoldings.