Common use of Grantors Remain Liable Clause in Contracts

Grantors Remain 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 Collateral Agent 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) neither Collateral Agent nor any Secured Party shall have any obligation or liability under any contracts, licenses, and agreements included in the Collateral by reason of this Agreement, nor shall Collateral Agent or any 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, except to the extent Collateral Agent or Secured Party expressly assumes any obligations thereunder.

Grantors Remain Liable. Anything contained herein to the contrary notwithstanding, : (a) each 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 Collateral Agent Secured Party of any of its the 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) neither Collateral Agent nor any the Secured Party shall have any no obligation or liability under any contracts, licenses, the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Collateral Agent or any the 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, except to and (d) the extent Collateral Agent or Secured Party expressly assumes shall have no liability in contract or tort for any obligations thereunderGrantor's acts or omissions.

Grantors Remain 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 the Collateral Agent of any of its rights hereunder shall not release any the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, Collateral and (c) neither the Collateral Agent nor any Secured Party shall have any obligation or liability under any contracts, licenses, contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Collateral Agent or any Secured Party be obligated to perform any of the obligations or duties of any the Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder, except to the extent Collateral Agent or Secured Party expressly assumes any obligations thereunder.

Grantors Remain Liable. Anything contained herein to the contrary notwithstanding, (a) each 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 Agreement had not been executed, ; (b) the exercise by the Collateral Agent of any of its rights hereunder shall not release any Grantor from any of its duties or obligations under the any contracts and agreements included in the Collateral, ; and (c) neither the Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, licenses, and such contracts or agreements included in the Collateral by reason of this Agreement, nor shall the Collateral Agent or any other 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, except to unless the extent Collateral Agent or Secured Party expressly assumes any shall have agreed to assume the obligations of such Grantor thereunder.

Grantors Remain Liable. Anything contained herein to the contrary notwithstanding, (a) each 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 Collateral Agent Secured Party or any Holder of any of its the rights hereunder shall not release any such Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) neither Collateral Agent Secured Party nor any Secured Party Holder shall have any obligation or liability under any contracts, licenses, the contracts and agreements included in the Collateral by reason of this Agreement, Agreement nor shall Collateral Agent Secured Party or any Secured Party Holder be obligated to perform any of the obligations or duties of any such Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder, except to hereunder and (d) the extent Collateral Agent or powers conferred on Secured Party expressly assumes and Holders hereunder are solely to protect their interests in the Collateral and shall not impose any obligations thereunderduty upon Secured Party or any Holder to exercise any such powers.

Grantors Remain Liable. Anything contained herein to the contrary notwithstanding, (ai) each Grantor shall remain liable under any contracts limited liability company agreement relating to any Pledged LLC Interest and agreements included in the Collateralany shareholder agreement relating to any Pledged Equity Interest, 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 the Collateral Agent of any of its rights hereunder shall not release any Grantor from any of its duties or obligations under the contracts and shareholder agreements included in the Collateral, Collateral and (ciii) neither the Collateral Agent nor any Secured Party nor any purchaser at a foreclosure sale shall have any obligation or liability under any contracts, licenses, and agreements included in the Collateral limited partnership agreement relating to any Pledged LLC Interests or any shareholder agreement relating to any Pledged Equity Interests by reason of this Agreement, nor shall the Collateral Agent or any 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, except to the extent Collateral Agent or Secured Party expressly assumes any obligations thereunder.

Grantors Remain 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 Collateral Agent 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) neither Collateral Agent nor any Secured Party and Lenders shall not have any obligation or liability under any contracts, licenses, and agreements included in the Collateral by reason of this Agreement, nor shall Collateral Agent Secured Party or any Secured Party Lender 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, except to the extent Collateral Agent or Secured Party expressly assumes any obligations thereunder.