Common use of Continuing Liability Under Collateral Clause in Contracts

Continuing Liability Under Collateral. Notwithstanding anything herein to the contrary, (a) to the extent the Pledgor is liable under any Contractual Obligations relating to Pledged Equity Interests, the Pledgor shall remain liable to perform all of the obligations undertaken by it thereunder all in accordance with and pursuant to the terms and provisions thereof, and neither the Collateral Agent nor any Secured Party shall have any obligation or liability under any of such Contractual Obligation by reason of or arising out of this Agreement or any other document related hereto, nor shall the Collateral Agent nor any Secured Party have any obligation to make any inquiry as to the nature or sufficiency of any payment received by it or have any obligation to take any action to collect or enforce any rights under any Contractual Obligations relating to the Collateral, and (b) the exercise by the Collateral Agent of any of its rights hereunder shall not release the Pledgor from any of its duties or obligations under any such Contractual Obligations included in the Collateral.

Continuing Liability Under Collateral. Notwithstanding anything herein to the contrary, (ai) to the extent the Pledgor is liable under any Contractual Obligations relating to Pledged Equity Interests, the Pledgor Grantor shall remain liable for all obligations under the Collateral and nothing contained herein is intended or shall be a delegation of duties to the Secured Party; (ii) the Grantor shall remain liable under each of the agreements included in the Collateral to perform all of the obligations undertaken by it thereunder all in accordance with and pursuant to the terms and provisions thereof, thereof and neither the Collateral Agent nor any Secured Party shall not have any obligation or liability under any of such Contractual Obligation agreements by reason of or arising out of this Agreement or any other document related hereto, thereto nor shall the Collateral Agent nor any Secured Party have any obligation to make any inquiry as to the nature or sufficiency of any payment received by it or have any obligation to take any action to collect or enforce any rights under any Contractual Obligations relating to agreement included in the Collateral, ; and (biii) the exercise by the Collateral Agent Secured Party of any of its rights hereunder shall not release the Pledgor Grantor from any of its duties or obligations under any such Contractual Obligations the contracts and agreements included in the Collateral.

Continuing Liability Under Collateral. Notwithstanding anything herein to the contrary, (ai) to the extent the Pledgor is liable under any Contractual Obligations relating to Pledged Equity Interests, the Pledgor Grantor shall remain liable for all obligations under the Collateral and nothing contained herein is intended or shall be a delegation of duties to the Secured Party, (ii) Grantor shall remain liable under each of the agreements included in the Collateral, to perform all of the obligations undertaken by it thereunder all in accordance with and pursuant to the terms and provisions thereof, thereof and neither the Collateral Agent nor any Secured Party shall not have any obligation or liability under any of such Contractual Obligation agreements by reason of or arising out of this Agreement or any other document related hereto, thereto nor shall the Collateral Agent nor any Secured Party have any obligation to make any inquiry as to the nature or sufficiency of any payment received by it or have any obligation to take any action to collect or enforce any rights under any Contractual Obligations relating to agreement included in the Collateral, and (biii) the exercise by the Collateral Agent Secured Party of any of its rights hereunder shall not release the Pledgor Grantor from any of its duties or obligations under any such Contractual Obligations the contracts and agreements included in the Collateral.

Continuing Liability Under Collateral. Notwithstanding anything herein to the contrary, (ai) to the extent the Pledgor is liable under any Contractual Obligations relating to Pledged Equity Interests, the Pledgor each Loan Party shall remain liable for all obligations under the Collateral and nothing contained herein is intended or shall be a delegation of duties to Lender, (ii) each Loan Party shall remain liable under each of the agreements included in the Collateral to perform all of the obligations undertaken by it thereunder all in accordance with and pursuant to the terms and provisions thereof, and neither the Collateral Agent nor any Secured Party Lender shall not have any obligation or liability under any of such Contractual Obligation agreements by reason of or arising out of this Agreement or any other document related heretothereto, nor shall the Collateral Agent nor any Secured Party Lender have any obligation to make any inquiry as to the nature or sufficiency of any payment received by it or have any obligation to take any action to collect or enforce any rights under any Contractual Obligations relating to agreement included in the Collateral, and (biii) the exercise by the Collateral Agent Lender of any of its rights hereunder shall not release the Pledgor any Loan Party from any of its duties or obligations under any such Contractual Obligations the contracts and agreements included in the Collateral.