Common use of Borrowers Remain Liable Clause in Contracts

Borrowers Remain Liable. Notwithstanding any termination, until all of the Obligations have been fully performed, paid and satisfied, the Borrowers shall remain liable for the full and prompt performance and payment of the Obligations and the indemnification set forth in Section 17.10, and the Agent and the Banks shall retain all of their rights and privileges hereunder, including, without limitation, the retention of its Liens and/or interest in and to all of the Loan Collateral and other security for the Obligations.

Appears in 1 contract

Samples: Financing Agreement (Northwestern Corp)

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Borrowers Remain Liable. Notwithstanding any terminationtermination of this Agreement, until all of the Obligations have been fully performed, paid and satisfied, the Borrowers each Borrower shall remain liable for the full and prompt performance and payment of the Obligations and the indemnification set forth in Section 17.10Sections 16.7 and 16.9, and the Agent and the Banks Lenders shall retain all of their rights and privileges hereunderunder the Loan Documents, including, without limitation, including the retention of its Liens and/or on and interest in and to all of the Loan Collateral and other security for the ObligationsCollateral.

Appears in 1 contract

Samples: Financing Agreement (Sabreliner Corp)

Borrowers Remain Liable. Notwithstanding any termination, until all of the Obligations have been fully performed, paid and satisfied, the Borrowers Borrower shall remain liable for the full and prompt performance and payment of the Obligations and the indemnification set forth in Section 17.10SECTION 15.10, and the Agent and the Banks Bank shall retain all of their its rights and privileges hereunder, including, without limitation, the retention of its Liens and/or interest in and to all of the Loan Collateral and any other security for the Obligations.

Appears in 1 contract

Samples: Financing Agreement (Vari Lite International Inc)

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Borrowers Remain Liable. Notwithstanding any terminationtermination of this Agreement, until all of the Obligations have been fully performed, paid and satisfied, the Borrowers shall remain liable for the full and prompt performance and payment of the Obligations and the indemnification set forth in Section 17.10Sections 15.8 and 15.10, and the Agent and the Banks Bank shall retain all of their its rights and privileges hereunderunder the Loan Documents, including, without limitation, including the retention of its Liens and/or on and interest in and to all of the Loan Collateral until all of the Obligations have been fully performed, paid and other security for the Obligationssatisfied.

Appears in 1 contract

Samples: Loan Agreement (EQM Technologies & Energy, Inc.)

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