REMEDY AGAINST ANY OTHER BORROWER, INCLUDING, WITHOUT LIMITATION,
> THE FAILURE TO PROCEED FIRST AGAINST SUCH OTHER BORROWER OR ANY SECURITY IT
> HOLDS FOR SUCH OTHER BORROWER'S LIABILITIES UNDER ANY LOAN DOCUMENT, IF ANY.
> WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, EACH BORROWER EXPRESSLY
> WAIVES ALL DEMANDS AND NOTICES WHATSOEVER (EXCEPT FOR ANY DEMANDS OR NOTICES,
> IF ANY, THAT SUCH BORROWER EXPRESSLY IS ENTITLED TO RECEIVE PURSUANT TO THE
> TERMS OF ANY LOAN DOCUMENT), AND AGREES THAT THE AGENT MAY, WITHOUT NOTICE
> (EXCEPT FOR SUCH NOTICE, IF ANY, AS SUCH BORROWER EXPRESSLY IS ENTITLED TO
> RECEIVE PURSUANT TO THE TERMS OF ANY LOAN DOCUMENT) AND WITHOUT RELEASING THE
> LIABILITY OF SUCH BORROWER, EXTEND FOR THE BENEFIT OF ANY OTHER BORROWER THE
> TIME FOR MAKING ANY PAYMENT, WAIVE OR EXTEND THE PERFORMANCE OF ANY AGREEMENT
> OR MAKE ANY SETTLEMENT OF ANY AGREEMENT FOR THE BENEFIT OF ANY OTHER BORROWER,
> AND MAY PROCEED AGAINST EACH BORROWER, DIRECTLY AND INDEPENDENTLY OF ANY OTHER
> BORROWER, AS SUCH OBLIGEE MAY ELECT IN ACCORDANCE WITH THIS AGREEMENT.
>
>
> (E)
EACH BORROWER ACKNOWLEDGES THAT THE LIABILITIES OF SUCH BORROWER
> UNDERTAKEN HEREIN OR IN THE OTHER LOAN DOCUMENTS, AND THE GRANTS OF SECURITY
> INTERESTS AND LIENS BY SUCH BORROWER TO SECURE LIABILITIES OF THE OTHER
> BORROWER COULD BE CONSTRUED TO CONSIST, AT LEAST IN PART, OF THE GUARANTY OF
> LIABILITIES OF THE OTHER BORROWER AND, IN FULL RECOGNITION OF THAT FACT, EACH
> BORROWER CONSENTS AND AGREES AS HEREINAFTER SET FORTH IN THE BALANCE OF THIS
> SECTION 14.24.
THE CONSENTS, WAIVERS, AND AGREEMENTS OF THE BORROWERS THAT
> ARE CONTAINED IN THE BALANCE OF THIS SECTION 14.24 ARE INTENDED TO DEAL WITH
> THE SURETYSHIP ASPECTS OF THE TRANSACTIONS EVIDENCED BY THE LOAN DOCUMENTS (TO
> THE EXTENT THAT A BORROWER MAY BE DEEMED A GUARANTOR OR SURETY FOR THE
> LIABILITIES OF ANOTHER BORROWER) AND THUS ARE INTENDED TO BE EFFECTIVE AND
> APPLICABLE ONLY TO THE EXTENT THAT ANY BORROWER HAS AGREED TO ANSWER FOR THE
> LIABILITIES OF ANOTHER BORROWER OR HAS GRANTED A LIEN OR SECURITY INTEREST IN
> COLLATERAL TO SECURE THE LIABILITIES OF ANOTHER BORROWER.
CONVERSELY, THE
> CONSENTS, WAIVERS, AND AGREEMENTS OF THE BORROWERS THAT ARE CONTAINED IN THE
> BALANCE OF THIS SECTION 14.24 SHALL NOT BE APPLICABLE TO THE DIRECT
> LIABILITIES OF A BORROWER WITH RESPECT TO CREDIT EXTENDED DIRECTLY TO SUCH
> BORROWER, AND SHALL NOT BE APPLICABLE TO SECURITY INTERESTS OR LIENS ON
> COLLATERAL OF A BORROWER GIVEN TO DIRECTLY SECURE DIRECT LIABILITIES OF SUCH
> BORROWER WHERE NO ASPECT OF GUARANTY OR SURETYSHIP IS INVOLVED.
EACH BORROWER
> CONSENTS AND AGREES THAT THE LENDERS MAY, AT ANY TIME AND FROM TIME TO TIME,
> WITHOUT NOTICE OR DEMAND, WHETHER BEFORE OR AFTER ANY ACTUAL OR PURPORTED
> TERMINATION, REPUDIATION OR REVOCATION OF THIS AGREEMENT BY ANY ONE OR MORE
> BORROWERS, AND WITHOUT AFFECTING THE