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Common use of No Obligation to Take Action Clause in Contracts

No Obligation to Take Action. Against Borrower

Appears in 2 contracts

Sources: Guarantee Agreement (Ceridian Corp), Guarantee Agreement (Ceridian Corp)

Related Clauses

  • No Obligation To Take Action Against the Company
  • Agreement to Take Actions
  • No Obligation to Continue Business Relationship
  • No Obligation to Third Parties
  • No Obligation to Pursue Others

Parent Clauses

  • Collections Payments and Remittances
  • Collections Charges and Remittances
  • Nature of Transaction
  • Collateral
  • Undertakings Regarding Collateral

Sub-Clauses

  • Seller’s Payment of the Amounts Due Buyer
  • Seller’s Agreement to Repurchase
  • Non-Recourse
  • Additional Warranties, Representations and Covenants
  • Receivables’ Warranties, Representations and Covenants
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