Common use of Debtor Remains Liable Clause in Contracts

Debtor Remains Liable. Anything herein to the contrary notwithstanding: (a) Notwithstanding the exercise of any remedy available to the Secured Parties hereunder or at law in connection with an Event of Default, the Debtor shall remain liable to repay the balance remaining unpaid and outstanding under the Notes after the value or proceeds received by the Secured Parties in connection with such remedy is subtracted. The Secured Parties shall promptly deliver and pay over to the Debtor any portion of the value or proceeds received in connection with such remedy that remains after the unpaid and outstanding portion of the Notes is paid in full. (b) The Debtor shall remain liable under the contracts and agreements included in the 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 Security Agreement had not been executed. (c) The exercise by the Secured Parties of any of their rights hereunder shall not release the Debtor from any of its duties or obligations under any such contracts or agreements included in the Collateral. (d) The Secured Parties shall not have any obligation or liability under any such contracts or agreements included in the Collateral by reason of this Security Agreement, nor shall the Secured Parties be obligated to perform any of the obligations or duties of the Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Debtor Remains Liable. Anything herein to the contrary notwithstanding: (a) Notwithstanding the exercise of any remedy available to the Secured Parties Party hereunder or at law in connection with an Event of Default, the Debtor shall remain liable to repay the balance remaining unpaid and outstanding under the Notes Debenture after the value or proceeds received by the Secured Parties Party in connection with such remedy is subtracted. The Secured Parties Party shall promptly deliver and pay over to the Debtor any portion of the value or proceeds received in connection with such remedy that remains after the unpaid and outstanding portion of the Notes Debenture is paid in full. (b) The Debtor shall remain liable under the contracts and agreements included in the 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 Security Agreement had not been executed. (c) The exercise by the Secured Parties Party of any of their Secured Party’s rights hereunder shall not release the Debtor from any of its Debtor’s duties or obligations under any such contracts or agreements included in the Collateral. (d) The Secured Parties Party shall not have any obligation or liability under any such contracts or agreements included in the Collateral by reason of this Security Agreement, nor shall the Secured Parties Party be obligated to perform any of the obligations or duties of the Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Debtor Remains Liable. Anything herein to the contrary notwithstanding: (a) Notwithstanding the exercise of any remedy available to the Secured Parties hereunder or at law in connection with an Event of Default, the Debtor shall remain liable to repay the balance remaining unpaid and outstanding under the Notes after the value or proceeds received by the Secured Parties in connection with such remedy is subtracted. The Secured Parties shall promptly deliver and pay over to the Debtor any portion of the value or proceeds received in connection with such remedy that remains after the unpaid and outstanding portion of the Notes is paid in full. (b) The Debtor shall remain liable under the contracts and agreements included in the 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 Security Agreement had not been executed. (c) The exercise by the Secured Parties of any of their its rights hereunder shall not release the Debtor from any of its duties or obligations under any such contracts or agreements included in the Collateral. (d) The Secured Parties shall not have any obligation or liability under any such contracts or agreements included in the Collateral by reason of this Security Agreement, nor shall the Secured Parties be obligated to perform any of the obligations or duties of the Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Debtor Remains Liable. Anything herein to the contrary notwithstanding: (a) Notwithstanding the exercise of any remedy available to the Secured Parties Party hereunder or at law in connection with an Event of Default, the Debtor shall remain liable to repay the balance remaining unpaid and outstanding under the Notes after the value or proceeds received by the Secured Parties Party in connection with such remedy is subtracted. The Secured Parties Party shall promptly deliver and pay over to the Debtor any portion of the value or proceeds received in connection with such remedy that remains after the unpaid and outstanding portion of the Notes is paid in full. (b) The Debtor shall remain liable under the contracts and agreements included in the 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 Security Agreement had not been executed. (c) The exercise by the Secured Parties Party of any of their its rights hereunder shall not release the Debtor from any of its duties or obligations under any such contracts or agreements included in the Collateral. (d) The Secured Parties Party shall not have any obligation or liability under any such contracts or agreements included in the Collateral by reason of this Security Agreement, nor shall the Secured Parties Party be obligated to perform any of the obligations or duties of the Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Debtor Remains Liable. Anything herein to the contrary notwithstanding: (a) Notwithstanding the exercise of any remedy available to the Secured Parties Party hereunder or at law in connection with an Event of Default, the Debtor Parent shall remain liable to repay the balance remaining unpaid and outstanding under the Notes Note after the value or proceeds received by the Secured Parties Party in connection with such remedy is subtracted. The Secured Parties Party shall promptly deliver and pay over to the Debtor any portion of the value or proceeds received in connection with such remedy that remains after the unpaid and outstanding portion of the Notes Note is paid in full. (b) The Debtor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein, therein and shall perform all of its duties and obligations under such contracts and agreements to the same extent as if this Security Agreement had not been executed. (c) The exercise by the Secured Parties Party of any of their its rights hereunder shall not release the Debtor from any of its duties or obligations under any such contracts or agreements included in the Collateral. (d) The Secured Parties Party shall not have any obligation or liability under any such contracts or agreements included in the Collateral by reason of this Security Agreement, nor shall the Secured Parties Party be obligated to perform any of the obligations or duties of the Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Debtor Remains Liable. Anything herein to the contrary notwithstanding: (a) Notwithstanding the exercise of any remedy available to the Secured Parties hereunder or at law in connection with an Event event of Defaultdefault, the Debtor shall remain liable to repay the balance balance, if any, remaining unpaid and outstanding under the Notes after the value or proceeds received by the Secured Parties in connection with such remedy is subtracted. The Secured Parties shall promptly deliver and pay over to the Debtor any portion of the value or proceeds received in connection with such remedy that remains after the unpaid and outstanding portion of the Notes is paid in full. (b) The Debtor shall remain liable under the contracts and agreements included in the 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 Security Agreement had not been executed.; (c) The exercise by the Secured Parties of any of their rights hereunder shall not release the Debtor from any of its duties or obligations under any such contracts or agreements included in the Collateral.; and (d) The Secured Parties shall not have any obligation or liability under any such contracts or agreements included in the Collateral by reason of this Security Agreement, nor shall the Secured Parties be obligated to perform any of the obligations or duties of the Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Debtor Remains Liable. Anything herein to the contrary notwithstanding: (a) Notwithstanding the exercise of any remedy available to the Secured Parties Party hereunder or at law in connection with an Event event of Defaultdefault, the Debtor shall remain liable to repay the balance balance, if any, remaining unpaid and outstanding under the Notes Promissory Note after the value or proceeds received by the Secured Parties Party in connection with such remedy is subtracted. The Secured Parties Party shall promptly deliver and pay over to the Debtor any portion of the value or proceeds received in connection with such remedy that remains after the unpaid and outstanding portion of the Notes Promissory Note is paid in full. (b) The Debtor shall remain liable under the contracts and agreements included in the 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 Security Agreement had not been executed.; (c) The exercise by the Secured Parties Party of any of their its rights hereunder shall not release the Debtor from any of its duties or obligations under any such contracts or agreements included in the Collateral.; and (d) The Secured Parties Party shall not have any obligation or liability under any such contracts or agreements included in the Collateral by reason of this Security Agreement, nor shall the Secured Parties Party be obligated to perform any of the obligations or duties of the Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.