Grantor Remains Liable. Anything contained herein to the contrary notwithstanding, (a) Grantor shall remain liable under any contracts and agreements 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 Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 15 contracts
Samples: Loan Agreement (Enstar Income Program Iv-1 Lp), Credit Agreement (Manufacturers Services LTD), Credit Agreement (FWT Inc)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding, ,
(a) Grantor shall remain liable under any contracts and agreements 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 Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 7 contracts
Samples: Trademark Security Agreement (Sandhills Inc), Subsidiary Trademark Security Agreement (Diamond Brands Operating Corp), Company Security Agreement (Sandhills Inc)
Grantor Remains Liable. Anything contained herein to the contrary notwithstanding, :
(a) Grantor shall remain liable under any the contracts and agreements included in the Collateral, Collateral to the extent set forth therein, to and shall perform all of its duties and obligations thereunder under such contracts and agreements to the same extent as if this Security Agreement had not been executed, ;
(b) the exercise by Secured Party Agent of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the any such contracts and or agreements included in the Collateral, and ; and
(c) Secured neither Agent nor any other Lender Party shall not have any obligation or liability under any such contracts and or agreements included in the Collateral by reason of this Security Agreement, nor shall Secured Agent or any other Lender Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 6 contracts
Samples: Security Agreement (Lancer Corp /Tx/), Security Agreement (Lancer Corp /Tx/), Security Agreement (Packaged Ice Inc)
Grantor Remains Liable. Anything contained herein to the contrary notwithstanding, in the absence of the Secured Party's express prior written consent thereto, (a) the Grantor shall remain liable under any and all contracts and agreements 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, (b) the exercise by the Secured Party of any of its the rights hereunder shall not release the Grantor from any of its duties or obligations under the any contracts and agreements included in the Collateral, and (c) the Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Secured Party be obligated to perform any of the obligations or duties of the Grantor thereunder under any such contract or agreement or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 4 contracts
Samples: Security Agreement (C.O.R.E. (USA) Community-Oriented Resource Environment, Inc.), Security Agreement (Analytical Surveys Inc), Security Agreement (Analytical Surveys Inc)
Grantor Remains Liable. Anything contained herein to the contrary notwithstanding, (a) Grantor shall remain liable under any contracts and agreements 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 Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts contracts, licenses, and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 2 contracts
Samples: Security Agreement (Insignia Solutions PLC), Security Agreement (Fibercore Inc)
Grantor Remains Liable. Anything contained herein to the contrary notwithstanding, (a) the Grantor shall remain liable under any the contracts and agreements included in the Collateral, Collateral to the extent set forth therein, to therein and perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by Secured Party the Lender of any of its the rights hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, Collateral and (c) Secured Party the Lender shall not have any obligation or liability under any the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party the Lender be obligated to perform any of the obligations or duties of the Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 2 contracts
Samples: Security Agreement (Smith & Wollensky Restaurant Group Inc), Security Agreement (Smith & Wollensky Restaurant Group Inc)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding, ,
(a) Grantor shall remain liable under any contracts and agreements 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 Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) except as provided in Section 13, Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 2 contracts
Samples: Trademark Collateral Security Agreement (Afc Enterprises Inc), Patent and Copyright Collateral Security Agreement (Afc Enterprises Inc)
Grantor Remains Liable. Anything contained herein to the contrary notwithstanding, (a) each Grantor shall remain liable under any contracts and agreements 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 Secured Party of any of its rights hereunder shall not release such Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of any Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 2 contracts
Samples: Subsidiary Security Agreement (Zilog Inc), Subsidiary Security Agreement (Zilog Inc)
Grantor Remains Liable. Anything contained herein to the contrary notwithstanding, (ai) Grantor shall remain liable under any contracts and agreements 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, (bii) the exercise by Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (ciii) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Samples: Asset Purchase Agreement (Gentner Communications Corp)
Grantor Remains Liable. Anything contained herein to the contrary notwithstanding,
(a) the Grantor shall remain liable under any the contracts and agreements included in the Collateral, Collateral to the extent set forth therein, to and shall perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, under such contracts and agreements,
(b) the exercise by Secured Party the Collateral Agent of any of its rights hereunder shall not release the Grantor from any of its duties or obligations under the any such contracts and or agreements included in the Collateral, and and
(c) neither the Collateral Agent nor any other Secured Party shall not have any obligation or liability under any such contracts and or agreements included in the Collateral by reason of this Security Agreement, nor shall the Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of the Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Grantor Remains Liable. Anything contained herein to the contrary notwithstanding, (a) each Grantor shall remain liable under any contracts and agreements 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 Secured Party of any of its rights hereunder shall not release any Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of any Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Samples: Patent and Trademark Security Agreement (Zilog Inc)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding, ,
(a) Grantor shall remain liable under any contracts and agreements 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 Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this AgreementAgreement or otherwise, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Grantor Remains Liable. Anything contained herein to the contrary notwithstanding, (a) the Grantor shall remain liable under any the contracts and agreements 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, (b) the exercise by Secured Party the Security Trustee of any of its rights hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, Collateral and (c) no Secured Party shall not have any obligation or liability under any the contracts and agreements included in the Collateral by reason of this Agreement, nor shall any Secured Party be obligated to perform any of the obligations or duties of the Grantor thereunder under the contracts and agreements included in the Collateral or to take any action to collect or enforce any claim for payment assigned hereunderunder this Agreement.
Appears in 1 contract
Grantor Remains Liable. Anything contained herein to the contrary notwithstanding, (a) Grantor shall remain liable under any the contracts and agreements 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, ; (b) the exercise by any Secured Party of any of its the rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, ; and (c) no Secured Party shall not have any obligation or liability under any the contracts and agreements included in the Collateral by reason of this Agreement, nor shall any Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Grantor Remains Liable. Anything contained herein to the contrary notwithstanding, (a) the Grantor shall remain liable under any the contracts and agreements 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, (b) the exercise by the Secured Party of any of its the rights hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, Collateral and (c) the Secured Party shall not have any obligation or liability under any the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Secured Party be obligated to perform any of the obligations or duties of the Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
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Grantor Remains Liable. Anything contained herein to the contrary notwithstanding, contrary
(a) Grantor shall remain liable under any contracts and agreements 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 Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Samples: Security Agreement (Ditech Corp)
Grantor Remains Liable. Anything contained herein to the contrary notwithstanding, (a) Grantor shall remain liable under any contracts and agreements 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 Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder. 370 SECTION 4.
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