Common use of Issuer Remains Liable Clause in Contracts

Issuer Remains Liable. Notwithstanding anything to the contrary contained herein, (a) the Issuer shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all of its respective duties and obligations thereunder to the same extent as if this Security Agreement had not been executed, (b) the mere exercise by the Collateral Agent of any of its rights hereunder shall not release the Issuer from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) the Collateral Agent shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Security Agreement, nor shall the Collateral Agent be obligated to perform any of the obligations or duties of the Issuer thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Issuer Remains Liable. Notwithstanding anything in this Agreement to the contrary contained hereincontrary, (a) the Issuer shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all of its respective duties and obligations thereunder to the same extent as if this Security Agreement had not been executed, (b) the mere exercise by the Collateral Agent Purchaser of any of its rights hereunder under this Agreement shall not release the Issuer from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) the Collateral Agent Purchaser shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Security Agreement, nor shall the Collateral Agent Purchaser be obligated to perform any of the obligations or duties of the Issuer thereunder or to take any action to collect or enforce any claim for payment assigned hereunderunder this Agreement.

Issuer Remains Liable. Notwithstanding anything in this Agreement to the contrary contained hereincontrary, (a) the Issuer shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all of its respective duties and obligations thereunder to the same extent as if this Security Agreement had not been executed, (b) the mere exercise by the Collateral Agent Holder of any of its rights hereunder under this Agreement shall not release the Issuer from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) the Collateral Agent Holder shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Security Agreement, nor shall the Collateral Agent Holder be obligated to perform any of the obligations or duties of the Issuer thereunder or to take any action to collect or enforce any claim for payment assigned hereunderunder this Agreement.