Common use of Release of and Resort to Collateral Clause in Contracts

Release of and Resort to Collateral. The Mortgagee may release, regardless of consideration, any part of the Collateral without, as to the remainder, in any way impairing, affecting, subordinating or releasing the Lien created in or evidenced by this Mortgage or its stature as a first and prior Lien, in and to the Collateral, provided that Permitted Encumbrances may exist, and without in any way releasing or diminishing the liability of any Person liable for the repayment of the Obligations. For payment of the Obligations, the Mortgagee may resort to any other security therefor held by the Mortgagee in such order and manner as the Mortgagee may elect.

Release of and Resort to Collateral. The Mortgagee may release, regardless of consideration, any part of the Collateral Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the Lien lien or security interest created in or evidenced by this Mortgage or its stature as a first and prior Lien, lien and security interest in and to the Collateral, provided that Permitted Encumbrances may existMortgaged Property, and without in any way releasing or diminishing the liability of any Person person or entity liable for the repayment of the ObligationsIndebtedness. For payment of the ObligationsIndebtedness, the Mortgagee may resort to any other security therefor held by the Mortgagee or Trustee in such order and manner as the Mortgagee may elect.

Release of and Resort to Collateral. The Mortgagee may release, regardless of consideration, any part of the Collateral Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the Lien lien or security interest created in or evidenced by this Mortgage or its stature as a first and prior Lien, lien and security interest in and to the Collateral, provided that Permitted Encumbrances may existMortgaged Property, and without in any way releasing or diminishing the liability of any Person person or entity liable for the repayment of the ObligationsIndebtedness. For payment of the ObligationsIndebtedness, the Mortgagee may resort to any other security therefor held by the Mortgagee in such order and manner as the Mortgagee may elect.

Release of and Resort to Collateral. The Mortgagee may release, regardless of consideration, any part of the Collateral without, as to the remainder, in any way impairing, affecting, subordinating or releasing the Lien created in or evidenced by this Mortgage or its stature as a first and prior Lien, in and to the Collateral, provided that Permitted Encumbrances or other Liens permitted by the Credit Agreement may exist, and without in any way releasing or diminishing the liability of any Person liable for the repayment of the Obligations. For payment of the Obligations, the Mortgagee may resort to any other security therefor held by the Mortgagee in such order and manner as the Mortgagee may elect.

Release of and Resort to Collateral. The Mortgagee may release, regardless of consideration, any part of the Collateral without, as to the remainder, in any way impairing, affecting, subordinating or releasing the Lien created in or evidenced by this Mortgage Deed of Trust or its stature as a first and prior Lien, Lien in and to the Collateral, provided that Permitted Encumbrances may existCollateral (to the extent contemplated by this Deed of Trust), and without in any way releasing or diminishing the liability of any Person liable for the repayment of the Secured Obligations. For payment of the Secured Obligations, the Mortgagee may resort to any other security therefor held by the Mortgagee or the Trustee in such order and manner as the Mortgagee may elect.

Release of and Resort to Collateral. The Mortgagee may release, regardless of consideration, any part of the Collateral Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the Lien lien or security interest created in or evidenced by this Mortgage or its stature as a first and prior Lien, lien and security interest in and to the Collateral, provided that Permitted Encumbrances may existMortgaged Property, and without in any way releasing or diminishing the liability of any Person person or entity liable for the repayment of the ObligationsIndebtedness. For payment of the ObligationsIndebtedness, the Mortgagee may resort to any other security therefor held by the Mortgagee or Trustee in such order and manner as the Mortgagee may elect.

Release of and Resort to Collateral. The Mortgagee may release, regardless of consideration, any part of the Collateral Mortgaged Property without, as to the remainder, in any way impairing, affecting, subordinating or releasing the Lien lien or security interest created in or evidenced by this Mortgage or its stature as a first and prior Lien, lien and security interest in and to the Collateral, provided that Permitted Encumbrances may existMortgaged Property, and without in any way releasing or diminishing the liability of any Person person or entity liable for the repayment of the ObligationsIndebtedness. For payment of the ObligationsIndebtedness, the Mortgagee may resort to any other security therefor held by the Mortgagee in such order and manner as the Mortgagee may elect.