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<br />ii~i]249t5 OF'F' 29ri7 ~4d
<br />(vi) any release, sun:ender, abandonment, exchange, alteration, sale or other
<br />disposition, subordination, deterioration, waste, failure to protect or preserve,
<br />impairment, or loss of, or any failure to create or perfect any lien or security interest with
<br />respect to, or any other dealings with, any collateral or security at any time existing or
<br />purported, believed or expected to exist in connection with any or all of the Guaranteed
<br />Obligations, or any impairment of Guarantor's recourse against any Person or collateral;
<br />(vii) whether express or by operation of law, any partial release of the liability
<br />of Guarantor hereunder (except to the extent expressly so released) or any complete or
<br />partial release of Hammons or any other Person liable, directly or indirectly, for the
<br />payment or performance of any or all of the Guaranteed Obligations;
<br />(viii) the death, insolvency, bankruptcy, disability, dissolution, liquidation,
<br />termination, receivership, reorganization, merger, consolidation, change of form,
<br />structure or ownership, sale of all assets, or lack of corporate, partnership or other power
<br />of Hammons or any other Person at any time liable for the payment or performance of
<br />any or all of the Guaranteed Obligations;
<br />(ix) either with or without notice to or consent of Guarantor, any renewal,
<br />extension, increase, expansion, modification, supplement, subordination or rearrangement
<br />of the tenors of any or all of the Guaranteed Obligations and/or any of the Transaction
<br />Documents, including the execution by Hammons and City of any further documents
<br />which would constitute Transaction Documents or material alterations of the terms of
<br />payment (including changes in amounts to be paid and/or the timing of payments) or
<br />other performance, and/or the increase or expansion of any obligation of performance
<br />(including changes with respect to the construction of the Hotel and other improvements
<br />to be constructed under the Agreement or other Transaction Documents) or any other
<br />terms thereof, or any waiver, termination, or release of, or consent to departure from, any
<br />of the Transaction Documents or any other guazanty of any or all of the Guaranteed
<br />Obligations, or any adjustment, indulgence, forbearance, or compromise that may be
<br />granted from time to time by City to Hammons or any other Person at any time liable for
<br />the payment or performance of any or all of the Guaranteed Obligations;
<br />(x) any neglect, lack of diligence, delay, omission, failure, or refusal of City
<br />to take or prosecute (or in taking or prosecuting) any action for the collection or
<br />enforcement of any of the Guaranteed Obligations, or to foreclose or take or prosecute
<br />any action to foreclose (or in foreclosing or taking or prosecuting any action to foreclose)
<br />upon any security therefor, or to exercise (or in exercising) any other right or power with
<br />respect to any security therefor, or to take or prosecute (or in taking or prosecuting) any
<br />action in connection with any Transaction Document, or any failure to sell or otherwise
<br />dispose of in a commercially reasonable manner any collateral securing any or all of the
<br />Guaranteed Obligations;
<br />(xi) any failure of City or Hammons to notify Guarantor of any creation,
<br />renewal, extension, increase, expansion, rearrangement, modification, supplement,
<br />subordination, or assignment of the Guaranteed Obligations or any part thereof, or of any
<br />Transaction Document, or of the execution of any further Transaction Documents, any
<br />F-6
<br />80327].4
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