Company Remains Liable. Anything herein to the contrary notwithstanding, (a) Company shall remain liable under the contracts and agreements included in the Company Collateral to the extent set forth therein, and shall perform all of its duties and obligations under such contracts and agreements to the same extent as if this Company Security Agreement had not been executed; (b) The exercise by the Administrative Agent of any of its rights hereunder shall not release Company from any of Company’s duties or obligations under any such contracts or agreements included in the Company Collateral; and (c) Neither the Administrative Agent nor any Lender shall have any obligation or liability under any such contracts or agreements included in the Company Collateral by reason of this Company Security Agreement, nor shall the Administrative Agent or any Lender be obligated to perform any of the obligations or duties of Company thereunder or to take action to collect or enforce any claims for payment assigned hereunder.
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Samples: Pledge and Security Agreement (Check Mart of New Mexico Inc)
Company Remains Liable. Anything herein to the contrary notwithstanding,
, (ai) the Company shall remain liable under the contracts any contracts, agreements and agreements other documents included in the Company Collateral Collateral, to the extent set forth therein, and shall to perform all of its duties and obligations under such contracts and agreements thereunder to the same extent as if this Company Security Agreement had not been executed;
, (bii) The the exercise by the Administrative Agent Xxxx of any of its the rights granted to Xxxx hereunder or under any other Transaction Document shall not release the Company from any of Company’s its duties or obligations under any such contracts or contracts, agreements and other documents included in the Company Collateral; and
, and (ciii) Neither the Administrative Agent nor any Lender Xxxx shall not have any obligation or liability under any such contracts or contracts, agreements and other documents included in the Company Collateral by reason of this Company Security Agreement, nor shall the Administrative Agent or any Lender Xxxx be obligated to perform any of the obligations or duties of the Company thereunder or to take any action to collect or enforce any claims for payment assigned such contract, agreement or other document included in the Collateral hereunder.
Appears in 1 contract
Samples: Pledge and Security Agreement (Par Pacific Holdings, Inc.)
Company Remains Liable. Anything herein to the contrary notwithstanding,
, (ai) ---------------------- the Company shall remain liable under the contracts any contracts, agreements and agreements other documents included in the Company Collateral Collateral, to the extent set forth therein, and shall to perform all of its duties and obligations under such contracts and agreements thereunder to the same extent as if this Company Security Agreement had not been executed;
, (bii) The the exercise by the Administrative Collateral Agent of any of its the rights hereunder shall not release the Company from any of Company’s its duties or obligations under any such contracts or contracts, agreements and other documents included in the Company Collateral; and
, and (ciii) Neither the Administrative Collateral Agent nor any Lender shall not have any obligation or liability under any such contracts or contracts, agreements and other documents included in the Company Collateral by reason of this Company Security Agreement, nor shall the Administrative Collateral Agent or any Lender be obligated to perform any of the obligations or duties of the Company thereunder or to take any action to collect or enforce any claims for payment assigned such contract, agreement or other document included in the Collateral hereunder.
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Company Remains Liable. Anything herein to the contrary notwithstanding,
, (ai) the Company shall remain liable under the contracts any contracts, agreements and agreements other documents included in the Company Collateral (including the Assigned Agreement), to the extent set forth therein, and shall to perform all of its duties and obligations under such contracts and agreements thereunder to the same extent as if this Company Security Agreement had not been executed;
, (bii) The the exercise by the Administrative Agent Investors of any of its the rights hereunder shall not release the Company from any of Company’s its duties or obligations under any such contracts or contracts, agreements and other documents included in the Company Collateral; and
Collateral and (ciii) Neither the Administrative Agent nor any Lender Investors shall not have any obligation or liability under any such contracts or contracts, agreements and other documents included in the Company Collateral by reason of this Company Security Agreement, nor shall the Administrative Agent or any Lender Investors be obligated to perform any of the obligations or duties of the Company thereunder or to take any action to collect or enforce any claims for payment assigned such contract, agreement or other document included in the Collateral hereunder.
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Company Remains Liable. Anything herein to the contrary notwithstanding,
, (a) the Company shall remain liable under any contracts and agreements included in the Collateral, to the extent set forth therein, to perform all of its duties and obligations thereunder to the same extent as if this Security Agreement had not been executed, (b) the exercise by the Collateral Agent or the Trustees of any of the rights hereunder shall not release the Company from any of its duties or obligations under the contracts and agreements included in the Company Collateral to the extent set forth therein, and shall perform all of its duties and obligations under such contracts and agreements to the same extent as if this Company Security Agreement had not been executed;
(b) The exercise by the Administrative Agent of any of its rights hereunder shall not release Company from any of Company’s duties or obligations under any such contracts or agreements included in the Company Collateral; and
(c) Neither the Administrative Collateral Agent nor any Lender and the Trustees shall not have any obligation or liability under any such contracts or and agreements included in the Company Collateral by reason of this Company Security Agreement, nor shall the Administrative Collateral Agent or any Lender the Trustees be obligated to perform any of the obligations or duties of the Company thereunder or to take any action to collect or enforce any claims claim for payment assigned hereunder.
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Company Remains Liable. Anything herein to the contrary notwithstanding,
, (ai) the Company shall remain liable under the contracts and agreements included in the Company Collateral to the extent set forth therein, and shall therein to perform all of its duties and obligations under such contracts and agreements thereunder to the same extent as if this Company Security Agreement had not been executed;
, (bii) The the exercise by the Agent, the Administrative Agent or the Banks of any rights under this Agreement or any of its rights hereunder the other Loan Documents shall not release the Company from any of Company’s its duties or obligations under any such the contracts or and agreements included in the Company Collateral; and
, and (ciii) Neither neither the Agent, the Administrative Agent nor any Lender the Banks shall have any obligation or liability under any such the contracts or and agreements included in the Company Collateral by reason of this Company Security Agreement, Agreement or any of the other Loan Documents nor shall the Agent, the Administrative Agent or any Lender Bank be obligated to perform any of the obligations or duties of the Company thereunder or to take any action to collect or enforce any claims claim for payment assigned hereunder.
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