Payments from Guarantor. Agent, with or without notice to any Guarantor, may apply on account of the Obligations any payment from any Guarantor or any other guarantor, or amounts realized from any security for the Obligations.
Appears in 2 contracts
Sources: Accounts Receivable Management and Security Agreement (Transtexas Gas Corp), Oil & Gas Revolving Credit and Term Loan Agreement (Transtexas Gas Corp)