LIABILITY TO PERFORM AND FURTHER ASSURANCES. (a) It is expressly agreed that, notwithstanding anything to the contrary contained in this Pledge Agreement, the Pledgor shall remain liable to observe and perform all of the conditions and obligations assumed by it in respect of the Shares and the Pledgee shall be under no obligation or liability by reason of or arising out of this Pledge Agreement. The Pledgee shall not be required in any manner to perform or fulfil any obligations of the Pledgor in respect of the Shares, or to make any payment, or to make any enquiry as to the nature or sufficiency of any payment received by it, or to present or file any claim or take any other action to collect or enforce the payment of any amount to which it may have been or to which it may be entitled hereunder at any time.
LIABILITY TO PERFORM AND FURTHER ASSURANCES. (a) Notwithstanding anything to the contrary contained in this Pledge Agreement, the Pledgor shall remain liable to observe and perform all of the conditions and obligations assumed by it in respect of the Pledged Assets and the Collateral Agent shall be under no obligation or liability by reason of or arising out of this Pledge Agreement. The Collateral Agent shall not be required in any manner to perform or fulfil any obligations of the Pledgor in respect of the Pledged Assets, or to make any payment, or to make any enquiry as to the nature or sufficiency of any payment received by it, or to present or file any claim or take any other action to collect or enforce the payment of any amount to which it may have been or to which it may be entitled hereunder at any time.
LIABILITY TO PERFORM AND FURTHER ASSURANCES. (a) It is expressly agreed that, notwithstanding anything to the contrary contained in this Pledge Agreement, the Pledgor shall remain liable to observe and perform all of the conditions and obligations assumed by it in respect of the PECs and the Pledgee shall be under no obligation or liability by reason of or arising out of this Pledge Agreement save for any liability arising from the gross negligence or wilful default or misconduct of the Pledgee. The Pledgee shall not be required in any manner to perform or fulfil any obligations of the Pledgor in respect of the PECs, or to make any payment, or to make any enquiry as to the nature or sufficiency of any payment received by it, or to present or file any claim or take any other action to collect or enforce the payment of any amount to which it may have been or to which it may be entitled hereunder at any time.
LIABILITY TO PERFORM AND FURTHER ASSURANCES. 7.1 The Collateral Giver shall at its own expense promptly and duly execute and do all such assurances, acts and things as the Collateral Receiver may reasonably require as being necessary for perfecting or protecting all or any of the rights, powers, authorities and discretions which are for the time being or may become exercisable by the Collateral Receiver under this Pledge Agreement in relation to the Collateral Account for facilitating the enforcement of any such rights or any part thereof and in the exercise of all powers, authorities and discretions vested in the Collateral Receiver. To that effect, the Collateral Giver shall in particular execute all documents or instruments and give all notices, orders and directions and make all registrations which the Collateral Receiver may reasonably think expedient.
