Common use of Debtor Remains Liable Clause in Contracts

Debtor Remains Liable. Anything herein to the contrary notwithstanding, (i) each Debtor shall remain liable under any contracts, agreements and other documents 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, (ii) the exercise by the Collateral Agent of any of the rights hereunder shall not release such Debtor from any of its duties or obligations under such contracts, agreements and other documents included in the Collateral, and (iii) the Collateral Agent shall not have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Collateral Agent be obligated to perform any of the obligations or duties of such Debtor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder.

Appears in 2 contracts

Samples: Security Agreement (Chalone Wine Group LTD), Note Purchase Agreement (Chalone Wine Group LTD)

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Debtor Remains Liable. Anything herein to the contrary notwithstanding, (i) each the Debtor shall remain liable under any contracts, agreements and other documents 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, (ii) the exercise by the Collateral Administrative Agent of any of the rights hereunder shall not release such the Debtor from any of its duties or obligations under such contracts, agreements and other documents included in the Collateral, and (iii) neither the Collateral Administrative Agent nor any other Lender shall not have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Collateral Administrative Agent or any other Lender be obligated to perform any of the obligations or duties of such the Debtor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder.

Appears in 1 contract

Samples: Security Agreement (Flow International Corp)

Debtor Remains Liable. Anything herein to the contrary notwithstanding, (i) each the Debtor shall remain liable under any contracts, the contracts and agreements and other documents included in the Collateral, Debtor's Collateral to the extent set forth therein, therein to perform all of its duties and obligations thereunder to the same extent as if this Company Security Agreement had not been executed, (ii) the exercise by the Collateral Agent of any of the rights hereunder shall not release such the Debtor from any of its duties or obligations under such contracts, the contracts and agreements and other documents included in the Collateral, Collateral and (iii) neither the Collateral Agent nor any Purchaser shall not have any obligation or liability under any contracts, the contracts and agreements and other documents included in the Collateral by reason of this Company Security Agreement, the Purchase Agreement or any other Transaction Document, nor shall the Collateral Agent or any Purchaser be obligated to perform any of the obligations or duties of such the Debtor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral claim for payment assigned hereunder.

Appears in 1 contract

Samples: General Security Agreement (Halsey Drug Co Inc/New)

Debtor Remains Liable. Anything herein to the contrary notwithstanding, (i) each the Debtor shall remain liable under any contracts, agreements and other documents 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, (ii) the exercise by the Collateral Administrative Agent of any of the rights hereunder shall not release such the Debtor from any of its duties or obligations under such contracts, agreements and other documents included in the Collateral, and (iii) neither the Collateral Administrative Agent nor any other holder of Secured Obligations shall not have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Collateral Administrative Agent or any other holder of Secured Obligations be obligated to perform any of the obligations or duties of such the Debtor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder.

Appears in 1 contract

Samples: Amended and Restated Security Agreement (Greenbrier Companies Inc)

Debtor Remains Liable. Anything herein to the contrary notwithstanding, (i) each Debtor shall remain liable under any contracts, agreements and other documents 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, (ii) the exercise by the Collateral Agent Secured Parties of any of the rights hereunder shall not release such Debtor from any of its duties or obligations under such contracts, agreements and other documents included in the Collateral, and (iii) the Collateral Agent Secured Parties shall not have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Collateral Agent Secured Parties be obligated to perform any of the obligations or duties of such Debtor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder.

Appears in 1 contract

Samples: Security Agreement (BG Medicine, Inc.)

Debtor Remains Liable. Anything herein to the contrary notwithstanding, (i) each Debtor shall remain liable under any contracts, agreements and other documents 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, (ii) the exercise by the Collateral Agent Secured Parties of any of the rights hereunder shall not release such Debtor from any of its duties or obligations under such contracts, agreements and other documents included in the Collateral, and (iii) the Collateral Agent Secured Parties shall not have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Collateral Agent Secured Parties be obligated to perform any of the obligations or duties of such Debtor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder.

Appears in 1 contract

Samples: Security Agreement (ReachLocal Inc)

Debtor Remains Liable. Anything herein to the contrary notwithstanding, (i) each the Debtor shall remain liable under any contracts, agreements and other documents 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, (ii) the exercise by the Collateral Agent of any of the rights hereunder shall not release such Debtor from any of its duties or obligations under such contracts, agreements and other documents included in the Collateral, and (iii) the Collateral Agent shall not have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Collateral Agent be obligated to perform any of the obligations or duties of such Debtor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder.

Appears in 1 contract

Samples: Security Agreement (Chalone Wine Group LTD)

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Debtor Remains Liable. Anything herein to the contrary notwithstanding, (i) each the Debtor shall remain liable under any contracts, agreements and other documents 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, (ii) the exercise by the Collateral Administrative Agent of any of the rights hereunder shall not release such the Debtor from any of its duties or obligations under such contracts, agreements and other documents included in the Collateral, Collateral and (iii) neither the Collateral Administrative Agent nor any other Lender shall not have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Collateral Administrative Agent or any other Lender be obligated to perform any of the obligations or duties of such the Debtor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder.

Appears in 1 contract

Samples: Security Agreement (Getty Images Inc)

Debtor Remains Liable. Anything herein to the contrary notwithstanding, (ia) each Debtor shall remain liable under any contracts, agreements and other documents 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 Security Agreement had not been executed, (iib) the exercise by the Collateral Agent a Secured Parties of any of the rights hereunder shall not release such Debtor from any of its duties or obligations under such contracts, agreements and other documents included in the Collateral, and (iiic) the Collateral Agent a Secured Parties shall not have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Security Agreement, nor shall the Collateral Agent Secured Parties be obligated to perform any of the obligations or duties of such Debtor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder.

Appears in 1 contract

Samples: Security Agreement (Neoprobe Corp)

Debtor Remains Liable. Anything herein Notwithstanding anything to the contrary notwithstandingcontained herein, (ia) each Debtor shall remain liable under any the contracts, agreements agreements, documents and other documents instruments included in the Collateral, Collateral to the extent set forth therein, therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (iib) the exercise by the Collateral Agent Lender of any of the its rights or remedies hereunder shall not release such Debtor from any of its their duties or obligations under such the contracts, agreements agreements, documents and other documents instruments included in the Collateral, and (iiic) the Collateral Agent Lender shall not have any indebtedness, liability or obligation (by assumption or liability otherwise) under any of the contracts, agreements agreements, documents and other documents instruments included in the Collateral by reason of this Agreement, nor and shall the Collateral Agent not be obligated to perform any of the obligations or duties of such Debtor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral claim for payment assigned hereunder.

Appears in 1 contract

Samples: Security Agreement (Staktek Holdings Inc)

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