Common use of Destruction of Collateral Clause in Contracts

Destruction of Collateral. No injury to, or loss or destruction of, the Collateral or any part thereof shall relieve any Grantor of any of its obligations hereunder or any of the Secured Obligations.

Appears in 7 contracts

Samples: Security Agreement (First Citizens Bancshares Inc /De/), Reimbursement, Security and Guaranty Agreement, Reimbursement and Security Agreement

AutoNDA by SimpleDocs

Destruction of Collateral. No injury to, or loss or destruction of, the Collateral or any part thereof shall relieve any Grantor of any of its obligations hereunder or any of the Secured ObligationsObligations under the Credit Agreement or any other Credit Document to which it is a party.

Appears in 2 contracts

Samples: Credit Agreement (Fulcrum Bioenergy Inc), Credit Agreement (Fulcrum Bioenergy Inc)

Destruction of Collateral. No injury to, or loss or destruction of, the Collateral or any part thereof shall relieve any Grantor of any of its obligations hereunder or any of the Secured ObligationsObligations under the Credit Agreement or any other Credit Document.

Appears in 1 contract

Samples: Credit Agreement (Ormat Technologies, Inc.)

Destruction of Collateral. No injury to, or loss or destruction of, the Collateral or any part thereof shall relieve any the Grantor of any of its obligations hereunder or any of the Secured Obligationsits obligations under any other Financing Documents.

Appears in 1 contract

Samples: Credit Agreement (Pacific Ethanol, Inc.)

AutoNDA by SimpleDocs

Destruction of Collateral. No injury to, or loss or destruction of, the Collateral or any part thereof shall relieve any Grantor Obligor of any of its obligations hereunder or under any of the Secured ObligationsLoan Obligations under the Loan Documents.

Appears in 1 contract

Samples: Security Agreement (Ondas Holdings Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!