Dealing with the Securities Clause Samples

Dealing with the Securities. (a) Oak Street shall not be obliged to exhaust its recourse against the Guarantor or any other person or against any other security it may hold in respect of the Obligations before realizing upon or otherwise dealing with the Securities in such manner as Oak Street may consider desirable. (b) Oak Street may grant extensions or other indulgences, take and give up security, accept compositions, grant releases and discharges and otherwise deal with the Guarantor and with other persons, sureties or security as it may see fit without prejudice to the Obligations, the liability of the Guarantor or the rights of Oak Street in respect of the Securities. (c) Oak Street shall not be (i) liable or accountable for any failure to collect, realize or obtain payment in respect of the Securities, (ii) bound to institute proceedings for the purpose of collecting, enforcing, realizing or obtaining payment of the Securities or for the purpose of preserving any rights of any persons, (iii) responsible for any loss occasioned by any sale or other dealing with the Securities or by the retention of or failure to sell or otherwise deal with the Securities, or (iv) bound to protect the Securities from depreciating in value or becoming worthless.
Dealing with the Securities. The Vendors shall not be obliged to pursue or exhaust its recourse against any of Parties or against any other security or securities the Vendors may hold before realizing upon or otherwise dealing with the Securities in such manner as the Vendors consider advisable (subject to compliance with applicable law), and the Vendors may (at their option) grant time, renewals, extensions, indulgences, releases and discharges to, may take securities from and give the same and any and all existing securities up to, may abstain from taking securities from, or from perfecting securities of, may accept compositions from and may otherwise deal with any or all of the Parties and all others and all other securities (including but not limited to the Securities hereby pledged or any part thereof), as the Vendors may see fit, all without prejudice to the right of the Vendors to seize, hold, deal with and realize on the Securities hereby pledged to the Vendors, in any manner whatsoever that the Vendors consider desirable (subject to compliance with applicable law).
Dealing with the Securities. (a) A Creditor must not: (1) deal with, sell or otherwise part with possession of; (2) create, permit, suffer to exist, or agree to, any interest or Encumbrance, being over; or (3) attempt to do anything listed in clause 5.2(a)(1) and clause 5.2(a)(2) in respect of, any of its Securities without the prior written consent of the other Creditor. (b) The consent of a Creditor required under clause 5.2(a) must not be withheld or delayed if: (1) the relevant dealing is made expressly subject to the terms of this agreement; and (2) the person with whom the relevant dealing is made enters into an agreement by which it is bound by the provisions of this agreement in the same manner as the relevant Creditor is bound. (c) Subject to clause 6.1, clause 5.2(a) does not apply to any dealing which represents or results from the enforcement of or the exercise any Power under (including the appointment of a Controller) any of the Securities.
Dealing with the Securities. The Canadian Collateral Agent and the other Canadian Secured Parties shall not be obliged to exhaust their recourse against the Pledgor or any other person or against any other security they may hold in respect of the Obligations before realizing upon or otherwise dealing with the Securities in such manner as the Canadian Collateral Agent may consider desirable.
Dealing with the Securities. (a) FCC shall not be obliged to exhaust its recourse against the Borrower, the Guarantor or any other person or against any other security it may hold in respect of the Borrower's Obligations or the Guarantor's Obligations before realizing upon or otherwise dealing with the Securities in such manner as FCC may consider desirable. (b) FCC may grant extensions or other indulgences, take and give up security, accept compositions, grant releases and discharges and otherwise deal with the Guarantor and with other persons, sureties or security as it may see fit without prejudice to the Borrower's Obligations, the Guarantor's Obligations, the liability and obligations of the Guarantor or the rights of FCC in respect of the Securities. (c) FCC shall not be (i) liable or accountable for any failure to collect, realize or obtain payment in respect of the Securities, (ii) bound to institute proceedings for the purpose of collecting, enforcing, realizing or obtaining payment of the Securities or for the purpose of preserving any rights of any persons, (iii) responsible for any loss occasioned by any sale or other dealing with the Securities or by the retention of or failure to sell or otherwise deal with the Securities, or (iv) bound to protect the Securities from depreciating in value or becoming worthless.

Related to Dealing with the Securities

  • Compliance with the Securities Act During the term of this Agreement: (i) the Registration Statement, the Prospectus and any amendments or supplements thereto have complied, and will comply, in all material respects with the Securities Act, the Securities Act Rules and Regulations, the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and the rules and regulations promulgated thereunder (the “Exchange Act Rules and Regulations”); (ii) the Registration Statement does not, and any amendment thereto will not, in each case as of the applicable Effective Date, include any untrue statement of material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading and the Prospectus does not, and any amendment or supplement thereto will not, as of the applicable filing date, include any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they are made, not misleading; provided, however, that the foregoing provisions of this Section 1(b) will not extend to any statements contained in or omitted from the Registration Statement or the Prospectus that are based upon written information furnished to the Company by the Dealer Manager expressly for use in the Registration Statement or Prospectus; and (iii) the documents incorporated or deemed to be incorporated by reference in the Prospectus, at the time they are hereafter filed with the Commission, will comply in all material respects with the requirements of the Exchange Act and the Exchange Act Rules and Regulations, and, when read together with the other information in the Prospectus, at the time the Registration Statement became effective and as of the applicable Effective Date of each post-effective amendment to the Registration Statement, did not and will not include an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading.

  • Trustee Dealings with the Company Subject to certain limitations set forth in the Indenture, the Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with and collect obligations owed to it by the Company or its Affiliates and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee.

  • Dealing with the Company and Others The Holders, without releasing, discharging, limiting or otherwise affecting in whole or in part the obligations and liabilities of any Guarantor hereunder and without the consent of or notice to any Guarantor, may to the fullest extent permitted by applicable law: (a) grant time, renewals, extensions, compromises, concessions, waivers, releases, discharges and other indulgences to the Company or any other Person; (b) take or abstain from taking security or collateral from the Company or from perfecting security or collateral of the Company; (c) release, discharge, compromise, realize, enforce or otherwise deal with or do any act or thing in respect of (with or without consideration) any and all collateral, mortgages or other security given by the Company or any third party with respect to the obligations or matters contemplated by this Indenture or the Notes; (d) accept compromises or arrangements from the Company; (e) apply all monies at any time received from the Company or from any security upon such part of the Guarantee Obligations as the Holders may see fit or change any such application in whole or in part from time to time as the Holders may see fit; and (f) otherwise deal with, or waive or modify their right to deal with, the Company and all other Persons and any security as the Holders or the Trustee may see fit.

  • Trustee Dealings with the Issuer The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with and collect obligations owed to it by the Issuer or its Affiliates and may otherwise deal with the Issuer or its Affiliates with the same rights it would have if it were not Trustee.

  • Trustee Dealings with the Issuers The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with and collect obligations owed to it by the Issuers or their Affiliates and may otherwise deal with the Issuers or their Affiliates with the same rights it would have if it were not Trustee.