Common use of Relations with the Borrower Clause in Contracts

Relations with the Borrower. The Administrative Agent may grant delays, take security or renounce thereto, accept compromises, grant acquittances and releases and otherwise negotiate with the Borrower as it deems advisable without in any way diminishing the liability of the Borrower nor prejudicing the rights of the Lenders with respect to the Security.

Relations with the Borrower. The Administrative Agent may grant delays, take security or renounce thereto, accept compromises, grant acquittances and releases and otherwise negotiate with the Borrower and any Guarantor as it deems advisable without in any way diminishing the liability of the Borrower or any Guarantor nor prejudicing the rights of the Lenders with respect to the Security.