Common use of Third Party Waivers Clause in Contracts

Third Party Waivers. (a) Each Grantor authorizes the Collateral Agent to perform any or all of the following acts at any time in its sole discretion, all without notice to any Grantor, without affecting such Grantor’s obligations under this Agreement or any other Loan Documents and without affecting the liens and encumbrances against the Collateral in favor of the Collateral Agent:

Appears in 4 contracts

Samples: Credit Agreement (Five Star Senior Living Inc.), Credit Agreement (Five Star Quality Care, Inc.), Security Agreement (Brookfield Residential Properties Inc.)

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Third Party Waivers. (axxviii) . (i) Each Grantor authorizes the Collateral Agent to perform any or all of the following acts at any time in its sole discretion, all without notice to any Grantor, without affecting such Grantor’s obligations under this Agreement or any other Loan Documents and without affecting the liens and encumbrances against the Collateral in favor of the Collateral Agent, all to the extent permitted by applicable law:

Appears in 1 contract

Samples: Security Agreement (Hersha Hospitality Trust)

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