Common use of Company Remains Liable Clause in Contracts

Company Remains Liable. Anything contained herein to the contrary notwithstanding: (a) The Company shall remain liable under any partnership agreement or limited liability company agreement relating to any Pledged Partnership Interest or Pledged LLC Interest or any other agreement of the Company relating to the Collateral, to the extent set forth herein or therein, to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed; (b) the exercise by the Trustee of any of its rights hereunder shall not release the Company from any of its duties or obligations under any such agreement; and (c) neither the Trustee nor any Holder, nor any purchaser at a foreclosure sale under this Agreement, shall have any obligation or liability under any partnership agreement or limited liability company agreement relating to any Pledged Partnership Interest or Pledged LLC Interest or any other agreement of the Company relating to the Collateral by reason of this Agreement, nor shall the Trustee or any Holder or any such purchaser be obligated to perform any of the obligations or duties of the Company thereunder or to take any action to collect or enforce any claim for payment thereunder.