Common use of DEALINGS WITH THE BORROWER Clause in Contracts

DEALINGS WITH THE BORROWER. The Lender may grant extensions of time and other indulgences, take and give up securities, accept compositions, grant releases and discharges and otherwise deal with the Borrower as the Lender may see fit without prejudice to the liability of the Borrower or to the Lender’s rights in respect of the security conferred upon it under the terms hereof.

Appears in 2 contracts

Sources: Credit Agreement, Credit Agreement

DEALINGS WITH THE BORROWER. The Lender may grant extensions of time and other indulgences, take and give up securities, accept compositions, grant releases and discharges and otherwise deal with the Borrower as the Lender may see fit fit, without prejudice to the liability of the Borrower or to the Lender’s rights in respect of the security conferred upon it under pursuant to the terms hereof.

Appears in 1 contract

Sources: Credit Agreement (Aar Corp)