Share Obligations. The Holders shall not be bound or obliged to exhaust their recourse against the Corporation or any other Persons or to take any other action before being entitled to demand payment from the Guarantors hereunder. There shall be no obligation of the Holders to give notice to, or obtain the consent of, any or all of the Guarantors with respect to the happening of any of the foregoing.
Appears in 3 contracts
Samples: Guarantee (Brookfield Renewable Energy Partners L.P.), Guarantee (Brookfield Renewable Energy Partners L.P.), Guarantee (Brookfield Renewable Energy Partners L.P.)
Share Obligations. The Holders shall not be bound or obliged to exhaust their recourse against the Corporation or any other Persons or to take any other action before being entitled to demand payment from the Guarantors Guarantor hereunder. There shall be no obligation of the Holders to give notice to, or obtain the consent of, any or all of the Guarantors Guarantor with respect to the happening of any of the foregoing.
Appears in 2 contracts
Samples: Guarantee (Brookfield Renewable Corp), Guarantee (Brookfield Renewable Partners L.P.)
Share Obligations. The Holders shall not be bound or obliged to exhaust their recourse against the Corporation or any other Persons or to take any other action before being entitled to demand payment from the Guarantors hereunder. There shall be no obligation of the Holders to give notice to, or obtain the consent of, any or all of the Guarantors with respect to the happening of any of the foregoing.. [A&R GUARANTEE INDENTURE FOR SERIES 1 SHARES]
Appears in 1 contract
Samples: Guarantee (Brookfield Renewable Energy Partners L.P.)