Common use of Consent by Pxxxxx and Dxxxxx Clause in Contracts

Consent by Pxxxxx and Dxxxxx. The Parent and the Non-LNG Subsidiaries (collectively, the "Remaining Obligors") hereby consent to (a) the release of the LNG Parties from their liabilities as guarantors of the Released Obligations and (b) the release of the Collateral Agent’s security interest in the assets and property of the LNG Parties (collectively, the "LNG Property"), and acknowledge that the Remaining Obligors shall continue to be liable, jointly and severally, for the payment in full of the any indebtedness owed to the Creditor pursuant to the Amended Parent Credit Documents, the Existing Guaranty Agreement (as amended by the Restated Guaranty), the Existing Pledge Agreement (as amended by the Restated Pledge Agreement) and the other "Existing Transaction Documents" (as defined in the Exchange Agreement), notwithstanding such releases herein, and that their liabilities in regard thereto shall continue as provided therein and Parent and Non-LNG Subsidiaries further agree to indemnify Released Persons for any liabilities resulting there from (which covenant shall, for avoidance of doubt survive any mutual release in favor of a Released Person relating to the post Share Exchange financing with Fourth Third, LLC).

Consent by Pxxxxx and Dxxxxx. The Parent and the Non-LNG Subsidiaries (collectively, the "Remaining Obligors") hereby consent to (a) the release of the LNG Parties from their liabilities as guarantors of the Released Obligations and (b) the release of the Collateral Agent’s security interest in the assets and property of the LNG Parties (collectively, the "LNG Property"), and acknowledge that the Remaining Obligors shall continue to be liable, jointly and severally, for the payment in full of the any indebtedness owed to the Former Creditor pursuant to the Amended Parent Credit Documents, the Existing Guaranty Agreement (as amended by the Restated Guaranty), the Existing Pledge Agreement (as amended by the Restated Pledge Agreement) and the other "Existing Transaction Documents" (as defined in the Exchange Agreement), notwithstanding such releases herein, and that their liabilities in regard thereto shall continue as provided therein and Parent and Non-LNG Subsidiaries further agree to indemnify Released Persons for any liabilities resulting there from (which covenant shall, for avoidance of doubt survive any mutual release in favor of a Released Person relating to the post Share Exchange financing with Fourth Third, LLC).