No Conditions Precedent to Exercise of Remedies. Unless expressly released and discharged in writing by the Holder, no inaction on the part of the Holder shall have any adverse effect, whatsoever, on any of the requirements and obligations that are imposed under this Guaranty, or on the rights and remedies of the Holder hereunder.
Appears in 6 contracts
Sources: Guaranty Agreement (Legacy Education Alliance, Inc.), Convertible Security Agreement (Legacy Education Alliance, Inc.), Convertible Security Agreement (Legacy Education Alliance, Inc.)