Common use of Separate Exercise of Remedies Clause in Contracts

Separate Exercise of Remedies. The Agent (on behalf of the Purchaser Parties) may exercise remedies against each Seller and its property (including the Collateral) separately, whether or not the Agent exercises remedies against the Other Seller or its property. The Agent may enforce one or both Sellers’ Obligations without enforcing the Other Seller’s Obligations and vice versa. Any failure or inability of the Agent to enforce a Seller’s Obligations shall not in any way limit the Agent’s right to enforce the Obligations of the Other Seller.

Separate Exercise of Remedies. The Agent (on behalf of the Purchaser Parties) may exercise remedies against each Seller and its property (including the Lock-Boxes, Collection Accounts, the Related Security, the Collections and all other Collateral) separately, whether or not the Agent exercises remedies against the Other other Seller or its propertytheir property (but in each case without duplication of any amount). The Agent may enforce one or both Sellers’ all of the Seller Obligations without enforcing the Other Seller’s Obligations and vice versaother Seller Obligations. Any failure or inability of the Agent to enforce a Seller’s Obligations any Seller Obligation shall not in any way limit the Agent’s right to enforce the Obligations of the Other Sellerany other Seller Obligation.