Company Remains Obligated. No sale or other disposition of all or any part of the Collateral pursuant to Article VII shall be deemed to relieve any Grantor of its obligations under any Loan Document except to the extent the proceeds thereof are applied to the payment of such obligations.
Appears in 3 contracts
Samples: Guarantee and Collateral Agreement (AST SpaceMobile, Inc.), Guarantee and Collateral Agreement (Eos Energy Enterprises, Inc.), Patent Security Agreement (Soundhound Ai, Inc.)
Company Remains Obligated. No sale or other disposition of all or any part of the Collateral pursuant to Article VII Section 4.10 shall be deemed to relieve any Grantor the Borrower of its obligations under any Loan Document except to the extent the proceeds thereof are applied to the payment of such obligations.
Appears in 1 contract
Samples: Credit Agreement (Sunpower Corp)
Company Remains Obligated. No sale or other disposition of all or any part of the Collateral pursuant to Article VII Section 4.10 shall be deemed to relieve any Grantor of its obligations under any Loan Document Secured Obligations Documents except to the extent the proceeds thereof are applied to the payment of such obligations.
Appears in 1 contract
Samples: Pledge and Security Agreement (Global Clean Energy Holdings, Inc.)
Company Remains Obligated. No sale or other disposition of all or any part of the Collateral pursuant to Article VII Section 4.09 shall be deemed to relieve any Grantor of its obligations under any Loan Document except to the extent the proceeds thereof are applied to the payment of such obligations.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (CBRE Acquisition Holdings, Inc.)
