Common use of Separate Exercise of Remedies Clause in Contracts

Separate Exercise of Remedies. The Administrative Agent (on behalf of the Lenders) may exercise remedies against any Borrower and its property separately, whether or not the Administrative Agent exercises remedies against any other Borrower or its property. The Administrative Agent may enforce any Borrower’s obligations without enforcing any other Borrower’s obligations. Any failure or inability of the Administrative Agent to enforce any Borrower’s obligations shall not in any way limit the Administrative Agent’s right to enforce the obligations of any other Borrower. If the Administrative Agent forecloses or exercises similar remedies under any one or more Collateral Documents, then such foreclosure or similar remedy shall be deemed to reduce the balance of the Loans only to the extent of the cash proceeds actually realized by the Lenders from such foreclosure or similar remedy or, if applicable, the Administrative Agent’s credit bid at such sale, regardless of the effect of such foreclosure or similar remedy on the Loans secured by such Collateral Documents under the applicable state law.

Separate Exercise of Remedies. The Administrative Agent (on behalf of the LendersSecured Parties) may exercise remedies against any each Borrower and its property separately, whether or not the Administrative Agent exercises remedies against any other Borrower or its property. The Administrative Agent may enforce any one or more Borrower’s obligations without enforcing any other Borrower’s obligationsobligations and vice versa. Any failure or inability of the Administrative Agent to enforce any one or more Borrower’s obligations shall not in any way limit the Administrative Agent’s right to enforce the obligations of any the other BorrowerBorrowers. If the Administrative Agent forecloses or exercises similar remedies under any one or more Collateral Documents, then such foreclosure or similar remedy shall be deemed to reduce the balance of the Loans only to the extent of the cash proceeds actually realized by the Lenders from such foreclosure or similar remedy or, if applicable, the Administrative Agent’s credit bid at such sale, regardless of the effect of such foreclosure or similar remedy on the Loans secured by such Collateral Documents under the applicable state law.

Separate Exercise of Remedies. The Administrative Agent (on behalf of the Lenders) may exercise remedies against any each Fund Borrower and its property separately, whether or not the Administrative Agent exercises remedies against any the other Borrower Fund Borrowers or its their property. The Administrative Agent may enforce any one or more Fund Borrower’s obligations without enforcing any the other Borrower’s obligationsFund Borrowers’ obligations and vice versa. Any failure or inability of the Administrative Agent to enforce any one or more Fund Borrower’s obligations shall not in any way limit the Administrative Agent’s right to enforce the obligations of any the other BorrowerFund Borrowers. If the Administrative Agent forecloses or exercises similar remedies under any one or more Collateral Documents, then such foreclosure or similar remedy shall be deemed to reduce the balance of the Loans Obligations only to the extent of the cash proceeds actually realized by the Lenders from such foreclosure or similar remedy or, if applicable, the Administrative Agent’s credit bid at such sale, regardless of the effect of such foreclosure or similar remedy on the Loans Obligations secured by such Collateral Documents under the applicable state lawLaw.

Separate Exercise of Remedies. The Administrative Agent (on behalf of the Lenders) may exercise remedies against any Borrower each Guarantor and its property separately, whether or not the Administrative Agent exercises remedies against any other Borrower another Guarantor or its property. The Administrative Agent may enforce any Borrowerone or more Guarantor’s obligations without enforcing any the other BorrowerGuarantor’s obligationsobligations and vice versa. Any failure or inability of the Administrative Agent to enforce any Borrowerone or more Guarantor’s obligations shall not in any way limit the Administrative Agent’s right to enforce the obligations of any other Borroweranother Guarantor. If the Administrative Agent forecloses or exercises similar remedies under any one or more Collateral Security Documents, then such foreclosure or similar remedy shall be deemed to reduce the balance of the Loans only to the extent of the cash proceeds actually realized by the Lenders from such foreclosure or similar remedy or, if applicable, the Administrative Agent’s credit bid at such sale, regardless of the effect of such foreclosure or similar remedy on the Loans secured by such Collateral Security Documents under the applicable state law.

Separate Exercise of Remedies. The Administrative Agent (on behalf of the LendersSecured Parties) may exercise remedies against any Borrower each Guarantor and its property separately, whether or not the Administrative Agent exercises remedies against any the other Borrower Guarantor or its property. The Administrative Agent may enforce any Borrowerone or more Guarantor’s obligations without enforcing any the other BorrowerGuarantor’s obligationsobligations and vice versa. Any failure or inability of the Administrative Agent to enforce any Borrowerone or more Guarantor’s obligations shall will not in any way limit the Administrative Agent’s right to enforce the obligations of any the other BorrowerGuarantor. If the Administrative Agent forecloses or exercises similar remedies under any one or more Collateral Documents, then such foreclosure or similar remedy shall be is hereby deemed to reduce the balance of the Loans Obligations only to the extent of the cash proceeds actually realized by the Lenders Secured Parties from such foreclosure or similar remedy or, if applicable, the Administrative Agent’s credit bid at such sale, regardless of the effect of such foreclosure or similar remedy on the Loans Obligations secured by such Collateral Documents under the applicable state lawLaw.

Separate Exercise of Remedies. The Administrative Agent (on behalf of the Lenders) may exercise remedies against any Borrower each Guarantor and its property separately, whether or not the Administrative Agent exercises remedies against any other Borrower another Guarantor or its property. The Administrative Agent may enforce any Borrowerone or more Guarantor’s obligations without enforcing any the other BorrowerGuarantor’s obligationsobligations and vice versa. Any failure or inability of the Administrative Agent to enforce any Borrowerone or more Guarantor’s obligations shall not in any way limit the Administrative Agent’s right to enforce the obligations of any other Borroweranother Guarantor. If the Administrative Agent forecloses or exercises similar remedies under any one or more Collateral Documents, then such foreclosure or similar remedy shall be deemed to reduce the balance of the Loans only to the extent of the cash proceeds actually realized by the Lenders from such foreclosure or similar remedy or, if applicable, the Administrative Agent’s credit bid at such sale, regardless of the effect of such foreclosure or similar remedy on the Loans secured by such Collateral Documents under the applicable state law.

Separate Exercise of Remedies. The Administrative Agent (on behalf of the LendersSecured Parties) may exercise remedies against any Borrower each Credit Party and its property separately, whether or not the Administrative Agent exercises remedies against any other Borrower Credit Party or its property. The Administrative Agent may enforce any Borrowerone or more Credit Party’s obligations without enforcing any other BorrowerCredit Party’s obligationsobligations and vice versa. Any failure or inability of the Administrative Agent to enforce any Borrowerone or more Credit Party’s obligations shall not in any way limit the Administrative Agent’s right to enforce the obligations of any the other BorrowerCredit Parties. If the Administrative Agent forecloses or exercises similar remedies under any one or more Collateral Documents, then such foreclosure or similar remedy shall be deemed to reduce the balance of the Loans only to the extent of the cash proceeds actually realized by the Lenders from such foreclosure or similar remedy or, if applicable, the Administrative Agent’s credit bid at such sale, regardless of the effect of such foreclosure or similar remedy on the Loans secured by such Collateral Documents under the applicable state law.

Separate Exercise of Remedies. The Administrative Agent Agents (on behalf of the Lenders) may exercise remedies against any each Borrower and its property separately, whether or not the Administrative Agent exercises Agents exercise remedies against any the other Borrower or its property. The Administrative Agent Agents may enforce any Borrower’s one or more Borrowers’ obligations without enforcing any the other Borrower’s obligations. Any failure or inability of the Administrative Agent any Agents to enforce any one or more Borrower’s obligations shall not in any way limit the Administrative any Agent’s right to enforce the obligations of any other Borrower. If the Administrative Senior Collateral Agent forecloses or exercises similar remedies under any one or more Collateral this Agreement and the other Credit Documents, then such foreclosure or similar remedy shall be deemed to reduce the balance of the Loans Obligations only to the extent of the cash proceeds actually realized by the Lenders from such foreclosure or similar remedy or, if applicable, the Administrative Senior Collateral Agent’s credit bid at such sale, regardless of the effect of such foreclosure or similar remedy on the Loans Obligations secured by such Collateral this Agreement and the other Credit Documents under the applicable state law.

Separate Exercise of Remedies. The Administrative Agent (on behalf of the Lenders) may exercise remedies against any each Borrower and its property separately, whether or not the Administrative Agent exercises remedies against any the other Borrower or its property. The Administrative Agent may enforce any one or more Borrower’s obligations without enforcing any the other Borrower’s obligations. Any failure or inability of the Administrative Agent to enforce any one or more Borrower’s obligations shall not in any way limit the Administrative Agent’s right to enforce the obligations of any the other Borrower. If the Administrative Agent forecloses or exercises similar remedies under any one or more Collateral Documents, then such foreclosure or similar remedy shall be deemed to reduce the balance of the Loans only to the extent of the cash proceeds actually realized by the Lenders from such foreclosure or similar remedy or, if applicable, the Administrative Agent’s credit bid at such sale, regardless of the effect of such foreclosure or similar remedy on the Loans secured by such Collateral Documents under the applicable state law.

Separate Exercise of Remedies. The Administrative Agent (on behalf of the LendersSecured Parties) may exercise remedies against any each Borrower and its property separately, whether or not the Administrative Agent exercises remedies against any the other Borrower or its property. The Administrative Agent may enforce any one or more Borrower’s obligations without enforcing any the other Borrower’s obligationsobligations and vice versa. Any failure or inability of the Administrative Agent to enforce any one or more Borrower’s obligations shall will not in any way limit the Administrative Agent’s right to enforce the obligations of any the other Borrower. If the Administrative Agent forecloses or exercises similar remedies under any one or more Collateral Documents, then such foreclosure or similar remedy shall be is hereby deemed to reduce the balance of the Loans Obligations only to the extent of the cash proceeds actually realized by the Lenders Secured Parties from such foreclosure or similar remedy or, if applicable, the Administrative Agent’s credit bid at such sale, regardless of the effect of such foreclosure or similar remedy on the Loans Obligations secured by such Collateral Documents under the applicable state lawLaw.

Separate Exercise of Remedies. The Administrative Agent (on behalf of the LendersSecured Parties) may exercise remedies against any Borrower each Guarantor and its property separately, whether or not the Administrative Agent exercises remedies against any other Borrower Guarantor or its property. The Administrative Agent may enforce any Borrower’s one (1) or more Guarantors’ obligations without enforcing any other BorrowerGuarantor’s obligationsobligations and vice versa. Any failure or inability of the Administrative Agent to enforce any Borrower’s one (1) or more Guarantors’ obligations shall not in any way limit the Administrative Agent’s right to enforce the obligations of any other BorrowerGuarantor. If the Administrative Agent forecloses or exercises similar remedies under any one (1) or more Collateral Documents, then such foreclosure or similar remedy shall be deemed to reduce the balance of the Loans Obligations only to the extent of the cash proceeds actually realized by the Lenders Secured Parties from such foreclosure or similar remedy or, if applicable, the Administrative Agent’s credit bid at such sale, regardless of the effect of such foreclosure or similar remedy on the Loans Obligations secured by such Collateral Documents under the applicable state lawLaw.