Debtor Remains Liable. Notwithstanding anything to the contrary contained herein: (a) each Debtor shall remain liable under the documentation 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 Agreement had not been executed; (b) the exercise by the Agent of any of its rights or remedies hereunder shall not release any Debtor from any of its duties or obligations under such documentation; (c) the Agent shall not have any obligation under any of such documentation included in the Collateral by reason of this Agreement; and (d) the Agent shall not be obligated to perform any of the obligations of any Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 7 contracts
Samples: Security Agreement (Darling Ingredients Inc.), Security Agreement (Darling International Inc), Security Agreement (Darling International Inc)
Debtor Remains Liable. Notwithstanding anything to the contrary contained herein: , (a) each the Debtor shall remain liable under the documentation 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 Agreement had not been executed; , (b) the exercise by the Agent of any of its rights or remedies hereunder shall not release any the Debtor from any of its duties or obligations under such documentation; , (c) the Agent shall not have any obligation under any of such documentation included in the Collateral by reason of this Agreement; , and (d) the Agent shall not be obligated to perform any of the obligations of any the Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 5 contracts
Samples: Security Agreement (Nelnet Inc), Security Agreement (Nelnet Inc), Security Agreement (Nelnet Inc)
Debtor Remains Liable. Notwithstanding anything to the contrary contained herein: , (a) each Debtor shall remain liable under the documentation 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 Agreement had not been executed; , (b) the exercise by the Agent of any of its rights or remedies hereunder shall not release any Debtor from any of its duties or obligations under such documentation; , (c) the Agent shall not have any obligation under any of such documentation included in the Collateral by reason of this Agreement; , and (d) the Agent shall not be obligated to perform any of the obligations of any Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 5 contracts
Samples: Credit Agreement (Trinity Industries Inc), Credit Agreement (Trinity Marine Products, Inc.), Credit Agreement (Trinity Industries Inc)
Debtor Remains Liable. Notwithstanding anything to the contrary contained herein: , (a) each the Debtor shall remain liable under the documentation 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 Agreement had not been executed; , (b) the exercise by the Agent of any of its rights or remedies hereunder shall not release any the Debtor from any of its duties or obligations under such documentation; , (c) the Agent shall not have any obligation under any of such documentation included in the Collateral by reason of this Agreement; , and (d) the Agent shall not be obligated to perform any of the obligations of any the Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Debtor Remains Liable. Notwithstanding anything Anything herein to the contrary contained herein: notwithstanding, (a) each Debtor shall remain liable under the documentation included any agreements which have been (in the Collateral to the extent set forth therein whole or in part) pledged or assigned herein 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 Collateral Agent of any of its the rights or remedies hereunder shall not release any Debtor from any of its duties or obligations under any such documentationagreements; and (c) the Collateral Agent shall not have any obligation or liability under any of such documentation included in the Collateral agreements by reason of this Agreement; and (d) , nor shall the Collateral Agent shall not be obligated to perform any of the obligations or duties of any Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Debtor Remains Liable. Notwithstanding anything to the contrary contained herein: (a) each Debtor shall remain liable under the documentation 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 Agreement had not been executed; (b) the exercise by the Agent of any of its rights or remedies hereunder shall not release any Debtor from any of its duties or obligations under such documentation; (c) the Agent shall not have any obligation under any of such documentation included in the Collateral by reason of this Agreement; and (d) the Agent shall not be obligated to perform any of the obligations of any Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Debtor Remains Liable. Notwithstanding anything to the contrary contained herein: (a) each Debtor shall remain liable under the documentation 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 Agreement had not been executed; (b) the exercise by the Administrative Agent of any of its rights or remedies hereunder shall not release any Debtor from any of its duties or obligations under such documentation; (c) the Administrative Agent shall not have any obligation under any of such documentation included in the Collateral by reason of this Agreement; and (d) the Administrative Agent shall not be obligated to perform any of the obligations of any Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Samples: Credit Agreement (Spectralink Corp)
Debtor Remains Liable. Notwithstanding anything to the contrary contained herein: , (a) each Debtor shall remain liable under the documentation 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 Agreement had not been executed; , (b) the exercise by the Agent of any of its rights or remedies hereunder shall not release any Debtor from any of its duties or obligations under such documentation; , (c) the Agent shall not have any obligation under any of such documentation included in the Collateral by reason of this Agreement; , and (d) the Agent shall not be obligated to perform any of the obligations of any Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract