Common use of LIABILITY TO PERFORM AND FURTHER ASSURANCES Clause in Contracts

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.

Appears in 4 contracts

Samples: Guarantee Agreement (Constellation Brands, Inc.), Management Agreement (Pacific Drilling S.A.), Restatement Agreement (Constellation Brands, Inc.)

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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 in this Pledge Agreementrespect. 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.

Appears in 1 contract

Samples: Pledge and Security Agreement (Concordia International Corp.)

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LIABILITY TO PERFORM AND FURTHER ASSURANCES. (a) It is expressly agreed that, notwithstanding 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.

Appears in 1 contract

Samples: Share Pledge Agreement (Skype S.a r.l.)

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