Recourse to Collateral. Borrower's payment obligations under this Agreement and under any Note and any other Loan Document are primary and absolute and Lender shall not be required to seek recourse to Collateral, Third Party Collateral or other security at any time.
Appears in 1 contract
Sources: Credit and Security Agreement (Lifecore Biomedical Inc)
Recourse to Collateral. Borrower's payment obligations under this Agreement and under any Note and any other Loan Document are primary and absolute and Lender shall not be required to seek recourse to Collateral, Third Party the Collateral or other security at any time.
Appears in 1 contract
Recourse to Collateral. Borrower's The Borrowers' payment obligations under this Agreement and under any Note Note, Letter of Credit Agreement and any other Loan Document are primary and absolute and Lender shall not be required to seek recourse to Collateral, Third Party Collateral or other security at any time.
Appears in 1 contract
Sources: Credit and Security Agreement (Simon Transportation Services Inc)