GRANTOR'S OBLIGATIONS ABSOLUTE Sample Clauses

GRANTOR'S OBLIGATIONS ABSOLUTE. The obligations of the Grantor under this Security Agreement shall be absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated or otherwise affected by, any circumstances or occurrence whatsoever, including, without limitation:
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GRANTOR'S OBLIGATIONS ABSOLUTE. Each Grantor agrees that its obligations hereunder, and the security interest granted to and all rights, remedies and powers of the Secured Party hereunder, are irrevocable, absolute and unconditional and shall not be discharged, limited or otherwise affected by reason of any of the following, whether or not such Grantor has knowledge thereof:
GRANTOR'S OBLIGATIONS ABSOLUTE. Each Grantor agrees that its obligations hereunder, and the security interest granted to and all rights, remedies and powers of CoBank hereunder, are irrevocable, absolute and unconditional and shall not be discharged, limited or otherwise affected by reason of any of the following, whether or not such Grantor has knowledge thereof:
GRANTOR'S OBLIGATIONS ABSOLUTE. Each Grantor agrees that, to the fullest extent possible in accordance with applicable Law, its obligations hereunder, and the security interest granted to and all rights, remedies and powers of the Administrative Agent hereunder, are irrevocable, absolute and unconditional and shall not be discharged, limited or otherwise affected by reason of any of the following, whether or not such Grantor has knowledge thereof:
GRANTOR'S OBLIGATIONS ABSOLUTE. (a) The obligations of the Grantors under this Agreement shall be direct and immediate and not be conditional or contingent upon the pursuit of any other remedies against the Grantors, or any of them, or any other Person, nor against other security or Liens available to any Secured Party or its or their respective successors, assigns or the Administrative Agent. The Grantors waive any right to require that an action be brought against any other Person or to require that any Secured Party resort to any security or to any balance of any deposit account or credit on the books of any Lender in favor of any other Person or to require resort to rights or remedies hereunder prior to the exercise of any other rights or remedies of the Secured Parties in connection with the Loans and Letters of Credit.
GRANTOR'S OBLIGATIONS ABSOLUTE. Grantor acknowledges that Beneficiary and/or certain Affiliates of Beneficiary are engaged in the business of financing, owning, operating, leasing, managing, and brokering real estate and in other business ventures which may be viewed as adverse to or competitive with the business, prospect, profits, operations or condition (financial or otherwise) of Grantor. Except as set forth to the contrary in the Loan Documents, all sums payable by Grantor hereunder shall be paid without notice or demand, counterclaim, setoff, deduction or defense and without abatement, suspension, deferment, diminution or reduction, and the obligations and liabilities of Grantor hereunder shall in no way be released, discharged, or otherwise affected (except as expressly provided herein) by reason of: (a) any damage to or destruction of or any Taking of the Trust Property or any portion thereof or any other Cross-collateralized Property; (b) any restriction or prevention of or interference with any use of the Trust Property or any portion thereof or any other Cross-collateralized Property; (c) any title defect or encumbrance or any eviction from the Premises or any portion thereof by title paramount or otherwise; (d) any bankruptcy 137 proceeding relating to Grantor, any General Partner, or any guarantor or indemnitor, or any action taken with respect to this Deed of Trust or any other Loan Document by any trustee or receiver of Grantor or any other Cross-collateralized Borrower or any General Partner, guarantor or indemnitor, or by any court, in any such proceeding; (e) any claim which Grantor or any other Cross-collateralized Borrower has or might have against Beneficiary; (f) any default or failure on the part of Beneficiary or any other Cross-collateralized Borrower to perform or comply with any of the terms hereof or of any other agreement with Grantor; or (g) any other occurrence whatsoever, whether similar or dissimilar to the foregoing, whether or not Grantor shall have notice or knowledge of any of the foregoing.
GRANTOR'S OBLIGATIONS ABSOLUTE. Grantor acknowledges that Beneficiary and/or certain Affiliates of Beneficiary are engaged in the business of financing, owning, operating, leasing, managing, and brokering real estate and in other business ventures which may be viewed as adverse to or competitive with the business, prospect, profits, operations or condition (financial or otherwise) of Grantor. Except as set forth to the contrary in the Loan Documents, all sums payable by Grantor hereunder shall be paid without notice or demand, counterclaim, setoff, deduction or defense and without abatement, suspension, deferment, diminution or reduction, and the obligations and liabilities of Grantor hereunder, subject to Section 18.32 hereof, shall in no way be released, discharged, or otherwise affected (except as expressly provided herein) by reason of: (a) any damage to or destruction of or any Taking of the Trust Property or any portion thereof or any other Cross- collateralized Property; (b) any restriction or prevention of or
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GRANTOR'S OBLIGATIONS ABSOLUTE. 30 8.4. Amendments, Waivers, etc...................................... 31 8.5. Subrogation; Termination and Release; Survival................ 31 8.6. Notices....................................................... 32 8.7. Severability.................................................. 32 8.8. Headings...................................................... 32 8.9. Bankruptcy; Reinstatement..................................... 32 8.10. Injunctive Relief............................................ 32 8.11. Successors and Assigns....................................... 33 8.12. Counterparts................................................. 33 8.13. Governing Law; Submission to Jurisdiction.................... 33 8.14.

Related to GRANTOR'S OBLIGATIONS ABSOLUTE

  • Obligations Absolute The obligation of the Borrower to reimburse the L/C Issuer for each drawing under each Letter of Credit and to repay each L/C Borrowing shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including the following:

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