Common use of Grantor’s Duties Clause in Contracts

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

Appears in 1 contract

Samples: Security Agreement (Homeseekers Com Inc)

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

Appears in 1 contract

Samples: Security Agreement (Fidelity National Financial Inc /De/)

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

Appears in 1 contract

Samples: Assignment and Security Agreement (Louisiana Generating LLC)

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

Appears in 1 contract

Samples: Assignment and Security Agreement (Louisiana Generating LLC)

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

Appears in 1 contract

Samples: Security Agreement (Probex Corp)

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

Appears in 1 contract

Samples: Receivables Security Agreement (Cosmetic Sciences Inc)

Grantor’s Duties. It is expressly agreed, anything herein contained ---------------- to the contrary notwithstanding, that the Grantor shall remain liable to perform all of the obligations, if any, assumed by it them with respect to the Collateral and neither the Collateral Agent nor any Secured Party shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this AgreementMortgage, nor shall the Collateral Agent nor any Secured Party be required or obligated in any manner to perform or fulfill any of the obligations of the Grantor under or with respect to any Collateral.

Appears in 1 contract

Samples: Equipment Mortgage and Security Agreement (Pinnacle Airlines Corp)

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