Common use of GRANTOR'S OBLIGATIONS ABSOLUTE Clause in Contracts

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: (a) Any renewal, extension, amendment or modification of, or addition or supplement to or deletion from, or waiver, consent, extension, indulgence or other action or inaction, or any exercise or non-exercise of any right, remedy, power or privilege under or in respect of, the Agreements, the notes or any other credit documents or any other instrument or agreement referred to in any thereof, or any assignment or transfer of any thereof; or (b) Any furnishing of any additional security to the Bank or any acceptance thereof or any sale, exchange, release, surrender or realization of or upon any security by the Bank.

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: (a) Any any renewal, extension, amendment or modification of, or addition or supplement to or deletion from, or waiver, consent, extension, indulgence or other action or inaction, or any exercise or non-exercise nonexercise of any right, remedy, power or privilege under or in respect of, the AgreementsAgreement, the notes Note or any other credit documents Credit Documents or any other instrument or agreement referred to in any thereof, or any assignment or transfer of any thereof; or (b) Any any furnishing of any additional security to the Bank or any acceptance thereof or any sale, exchange, release, surrender or realization of or upon any security by the Bank.