Common use of Debtor’s Duties Clause in Contracts

Debtor’s Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the Debtor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of the Debtor under or with respect to any Collateral.

Appears in 3 contracts

Samples: Security Agreement (TAL International Group, Inc.), Security Agreement (TAL International Group, Inc.), Security Agreement (TAL International Group, Inc.)

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Debtor’s Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the each Debtor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral other than an obligation to act in a commercially reasonable manner, by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of the any Debtor under or with respect to any Collateral.

Appears in 3 contracts

Samples: Credit Agreement (Tweeter Home Entertainment Group Inc), Tweeter Security Agreement (Tweeter Home Entertainment Group Inc), Security Agreement (Tweeter Home Entertainment Group Inc)

Debtor’s Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the Debtor Debtors shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent Purchasers shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent Purchasers be required or obligated in any manner to perform or fulfill any of the obligations of the Debtor Debtors under or with respect to any Collateral.

Appears in 3 contracts

Samples: Security and Pledge Agreement (Dyntek Inc), Security and Pledge Agreement (Dyntek Inc), Security, Pledge and Guaranty Agreement (Synergy Brands Inc)

Debtor’s Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the Debtor Debtors shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent Purchaser shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent Purchaser be required or obligated in any manner to perform or fulfill any of the obligations of the Debtor Debtors under or with respect to any Collateral.

Appears in 2 contracts

Samples: Security and Pledge Agreement (Dyntek Inc), Security and Pledge Agreement (Dyntek Inc)

Debtor’s Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the each Debtor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent Agent, except as provided under applicable law, shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of the any Debtor under or with respect to any Collateral.

Appears in 2 contracts

Samples: Security Agreement (Stonemor Partners Lp), Security Agreement (Stonemor Partners Lp)

Debtor’s Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the Debtor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent Lender shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent Lender be required or obligated in any manner to perform or fulfill any of the obligations of the Debtor under or with respect to any Collateral.

Appears in 1 contract

Samples: Security Agreement (Dynasil Corp of America)

Debtor’s Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the each Debtor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral of such Debtor and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of the such Debtor under or with respect to any Collateral.

Appears in 1 contract

Samples: Assignment of Proceeds and Security Agreement (Allbritton Communications Co)

Debtor’s Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the Debtor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of the Debtor under or with respect to any CollateralXxxxxxxxxx.

Appears in 1 contract

Samples: Intercreditor Agreement (Artisan Entertainment Inc)

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Debtor’s Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the Debtor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral Collateral, and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of the Debtor under or with respect to any Collateral.

Appears in 1 contract

Samples: Security Agreement (TAL International Group, Inc.)

Debtor’s Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the Debtor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of the Debtor under or with respect respect-to any Collateral.

Appears in 1 contract

Samples: Security Agreement (TAL International Group, Inc.)

Debtor’s Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the each Debtor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of the each Debtor under or with respect to any Collateral.

Appears in 1 contract

Samples: Security Agreement (Asc Holdings Inc)

Debtor’s Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the each Debtor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of the any Debtor under or with respect to any Collateral.

Appears in 1 contract

Samples: Security Agreement (Davel Communications Inc)

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