Waiver of Priority of Collection. Each El Paso Settling Party hereby waives all rights under California Civil Code Sections 2845 or 2849 to require the Settlement Fund or its designee(s) first to proceed against the Collateral, against another El Paso Settling Party or El Paso Pledgor, or to exercise in any particular order any right provided for herein or in any other document delivered by or on behalf of any El Paso Settling Party or El Paso Pledgor under or in connection with this Agreement (including any of the Security Documents). All rights and remedies of the Settlement Fund and their designee(s) under this Paragraph 9 and in the other documents delivered by or on behalf of any El Paso Settling Party under or in connection with this Agreement (including any of the Security Documents), shall be cumulative and may be exercised singularly or concurrently.
Waiver of Priority of Collection. Guarantor waives any rights Guarantor may have to require Lender to proceed against the Borrower or to pursue any other remedy in Lender's power which Guarantor cannot pursue which would lighten Guarantor's burden. In addition, Guarantor waives Guarantor's right to benefit from every security which now or hereafter exists for the performance of the Guarantied Obligations or for the performance of any other guarantor's obligations owing to Lender. If Lender decides to proceed first to exercise any other remedy or right, or to proceed against another person or any collateral, Lender retains all of Lender's rights under this Guaranty.
Waiver of Priority of Collection. Borrower waives any rights it may have to require Lender to proceed against any other party or to pursue any other remedy in Lender's power which Borrower could not pursue which would lighten Borrower's burden, as guarantor. In addition, Borrower waives any right it may have to benefit from every security which now or hereafter exists for the performance of the Obligations or for the performance of any other guarantor's obligations owing to Lender. If Lender decides to proceed first to exercise any other remedy or right, or to proceed against another person or any collateral, Lender retains any and all of its rights created under this Section.
Waiver of Priority of Collection. Guarantor waives any rights it CAPITAL EXPENDITURES Creditor first to take any of the actions referred to above in this Section. If Creditor decides to proceed first to exercise any other remedy or right, or to proceed against another person or any collateral, Creditor retains all of its rights under this Guaranty.
Waiver of Priority of Collection. Guarantor waives any rights it may have under California Civil Code §§ 2845 or 2849 to require TMCC first to take any of the actions referred to above in this Section. If TMCC decides to proceed first to exercise any other remedy or right, or to proceed against another person or any collateral, TMCC retains all of its rights under this Guaranty.
Waiver of Priority of Collection. Guarantor waives any rights Guarantor may have to require Agent or Lenders to proceed against the Borrowers or to pursue any other remedy in Agent’s or Lenders’ power which Guarantor cannot pursue and which would reduce Guarantor’s burden. In addition, Guarantor waives Guarantor’s right to benefit from every security which now or hereafter exists for the performance of the Guaranteed Obligations or for the performance of any other guarantor’s obligations owing to Agent or Lenders. If Agent decides to proceed first to exercise any other remedy or right, or to proceed against another Person or any Collateral, Agent retains all of Agent’s rights under this Guaranty.
Waiver of Priority of Collection. Guarantor waives any rights Guarantor may have to require Factor to proceed against the Client or to pursue any other remedy in Factor's power which Guarantor cannot pursue which would lighten Guarantor's burden. In addition, Guarantor waives Guarantor's right to benefit from every security which now or hereafter exists for the performance of the Guarantied Obligations or for the performance of any other guarantor's obligations owing to Factor. If Factor decides to proceed first to exercise any other remedy or right, or to proceed against another person or any collateral, Factor retains all of Factor's rights under this Guaranty.
Waiver of Priority of Collection. Borrower waives any rights it may have to require SMB to proceed against any other party or to pursue any other remedy in SMB's power which Borrower could not pursue which would lighten Borrower's burden, as guarantor. In addition, Borrower waives any right it may have to benefit from every security which now or hereafter exists for the performance of the Obligations or for the performance of any other guarantor's obligations owing to SMB. If SMB decides to proceed first to exercise any other remedy or right, or to proceed against another person or any collateral, SMB retains any and all of it's rights created under this Section.
Waiver of Priority of Collection. Guarantor waives any rights Guarantor may have to require OSP to proceed against the Company or to pursue any other remedy in OSP's power. In addition, Guarantor waives Guarantor's right to benefit from every security which now or hereafter exists for the performance of the Promissory Note, including any right the Guarantor has to require OSP to proceed against or exhaust such security. If OSP decides to proceed first to exercise any other remedy or right, OSP retains all of OSP's rights under this Guaranty.
Waiver of Priority of Collection. Pledgor waives any rights it may have to require Security Agent first to take any of the actions referred to above in this Section 16(b). If Security Agent decides to proceed first to exercise any other remedy or right, or to proceed against another person or any collateral, Security Agent retains all of its rights under this Agreement.
