Lien Absolute. All rights of Agent hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Loan Agreement, the Note, any other Ancillary Agreement or any other agreement or instrument governing or evidencing any Secured Obligations; (b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the Note, any other Ancillary Agreement or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or (d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 8 contracts
Samples: Pledge Agreement (I2 Telecom International Inc), Pledge Agreement (I2 Telecom International Inc), Pledge Agreement (I2 Telecom International Inc)
Lien Absolute. All rights of Agent the Lender hereunder, and all obligations of the Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Credit Agreement, the Note, any other Ancillary Agreement Loan Document, or any other agreement agreement, document or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the NoteObligations, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgorthe Pledgor (other than full payment or satisfaction of the Obligations).
Appears in 5 contracts
Samples: Security and Pledge Agreement (Beneficient Co Group, L.P.), Subordination Agreement (Beneficient Co Group, L.P.), Loan Agreement (GWG Holdings, Inc.)
Lien Absolute. All rights of Agent Agent, on behalf of itself and the Lenders, hereunder, and all obligations of each Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Agreement, the Note, any other Ancillary Agreement Debt Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the Note, any other Ancillary Agreement Debt Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateralCollateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations;
(d) the insolvency of any Loan Party; or
(de) any other circumstance which might otherwise constitute a defense available to, or a discharge of, any Pledgor.
Appears in 5 contracts
Samples: Pledge Agreement (BG Medicine, Inc.), Pledge Agreement (Pacira Pharmaceuticals, Inc.), Pledge Agreement (Synta Pharmaceuticals Corp)
Lien Absolute. All rights of Agent and Lenders hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Credit Agreement, the NoteNotes, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Credit Agreement, the NoteNotes, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 3 contracts
Samples: Pledge Agreement (Wilsons the Leather Experts Inc), Pledge Agreement (Wilsons the Leather Experts Inc), Pledge Agreement (Wilsons the Leather Experts Inc)
Lien Absolute. All rights of Agent the Lender hereunder, and all obligations of each Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Credit Agreement, the Note, any other Ancillary Agreement Loan Document, or any other agreement agreement, document or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the NoteObligations, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgorany Pledgor (other than full payment or satisfaction of the Obligations).
Appears in 3 contracts
Samples: Subordination Agreement (Beneficient Co Group, L.P.), Security and Pledge Agreement (Beneficient Co Group, L.P.), Subordination Agreement (Beneficient Co Group, L.P.)
Lien Absolute. All rights of Agent Lender hereunder, and all ------------- obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Agreement, the Note, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the Note, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guarantyguaranty or repurchase obligation, for all or any of the Secured Obligations; or
(d) any other circumstance circumstances which might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 2 contracts
Samples: Pledge Agreement (Pharmaceutical Resources Inc), Pledge Agreement (Pharmaceutical Resources Inc)
Lien Absolute. All rights of Agent the Bank hereunder, and all obligations of the Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Agreement, the Note, any other Ancillary Agreement Loan Document, or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the Note, any other Ancillary Agreement Loan Document, or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which that might otherwise constitute a defense available to, or a discharge of, Pledgorthe Pledgor other than payment in full of the Secured Obligations (other than contingent indemnification obligations).
Appears in 2 contracts
Samples: Pledge Agreement, Pledge Agreement (Runway Growth Credit Fund Inc.)
Lien Absolute. All rights of Agent hereunder, and all obligations of each Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Credit Agreement, the Note, any other Ancillary Agreement Loan Document or any other agreement or instrument Instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Credit Agreement, the Note, any other Ancillary Agreement Loan Document or any other agreement or instrument Instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, Collateral or any release or amendment or waiver of of, or consent to departure from any guarantyguaranty for, for all or any of the Secured Obligations;
(d) the insolvency of any Pledgor; or
(de) any other circumstance which that might otherwise constitute a defense available to, or a discharge of, such Pledgor.
Appears in 2 contracts
Samples: Pledge Agreement (Ddi Corp), Pledge Agreement (Ddi Corp)
Lien Absolute. All rights of Agent and Lenders hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Credit Agreement, the NoteNotes, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
; (b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Credit Agreement, the NoteNotes, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 1 contract
Lien Absolute. All rights of Agent Lender hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Agreement, the Note, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the Note, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 1 contract
Samples: Non Recourse Guaranty and Pledge Agreement (Intek Diversified Corp)
Lien Absolute. All rights of the Agent and Lenders hereunder, and all obligations of Pledgor the Debtors hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Agreement, the NoteNotes, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the NoteNotes, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateralCollateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgorthe Debtors.
Appears in 1 contract
Samples: Credit Agreement (Continental Waste Industries Inc)
Lien Absolute. All rights of Agent hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Agreement, the Notethis Agreement, any other Ancillary Agreement Other Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the NoteAgreement, any other Ancillary Agreement Other Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any Collateral, other collateralthan the Pledged Collateral, or any release or amendment or waiver of or consent to departure from the terms of, any guaranty, for all or of any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 1 contract
Lien Absolute. All rights of Agent Investors hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Purchase Agreement, the Note, any other Ancillary Agreement Transaction Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Purchase Agreement, the Note, any other Ancillary Agreement Transaction Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of of, or consent to departure from any guarantyguaranty for, for all or any of the Secured Obligations;
(d) the insolvency of Pledgor; or
(de) any other circumstance which that might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 1 contract
Lien Absolute. All rights right of Collateral Agent and Lenders hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Credit Agreement, the Note, any other Ancillary Agreement Credit Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Credit Agreement, the Note, any other Ancillary Agreement Credit Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from the terms of, any guaranty, for all or of any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 1 contract
Samples: Credit Agreement (Dyersburg Corp)
Lien Absolute. All rights of the Agent and Lenders hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Agreement, the NoteNotes, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the NoteNotes, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateralCollateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgorany of the Pledgors.
Appears in 1 contract
Samples: Credit Agreement (Continental Waste Industries Inc)
Lien Absolute. All rights of Agent Lender hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Agreement, the Note, any other Ancillary Agreement Loan Documents or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the Note, any other Ancillary Agreement Loan Documents or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateralCollateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations;
(d) the insolvency of Pledgor; or
(de) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 1 contract
Lien Absolute. All rights of Agent Lender hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Agreement, the NoteNotes, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the NoteNotes, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 1 contract
Lien Absolute. All rights of the Agent hereunder, and all ------------- obligations of Pledgor Pledgors hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Agreement, the NoteNotes, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the NoteNotes, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, any Pledgor.
Appears in 1 contract
Lien Absolute. All rights of the Agent and Secured Parties hereunder, and all obligations of Pledgor Pledgors hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Agreement, the Note, any other Ancillary Agreement Loan Documents or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the Note, any other Ancillary Agreement Loan Documents or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateralCollateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations;
(d) the insolvency of any Pledgor; or
(de) any other circumstance which might otherwise constitute a defense available to, or a discharge of, any Pledgor.
Appears in 1 contract
Samples: Pledge Agreement (Body & Mind Inc.)
Lien Absolute. All rights of Agent Lender hereunder, and all ------------- obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Agreement, the Note, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the Note, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 1 contract
Samples: Non Recourse Guaranty and Pledge Agreement (Securicor International LTD)
Lien Absolute. All rights right of Agent Pledgee hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Credit Agreement, the Note, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Credit Agreement, the Note, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from the terms of, any guaranty, for all or of any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 1 contract
Lien Absolute. All rights of the Collateral Agent and the Lenders hereunder, and all obligations Obligations of the Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a1) any lack of validity or enforceability of the Loan Agreement, the Note, any other Ancillary Note Agreement or any other agreement or instrument governing or evidencing the Notes and any Secured of the other Obligations;
(b2) any change in the time, manner manner, or place of payment of, or in any other term of, all or any part of the Secured Notes or any of the other Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the Note, any other Ancillary Note Agreement or any other agreement or instrument governing or evidencing the Notes or any Secured other Obligations;
(c3) any exchange, release release, or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Notes or any of the other Obligations; or
(d4) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the Pledgor.
Appears in 1 contract
Samples: Stock Pledge Agreement (Fields MRS Original Cookies Inc)
Lien Absolute. All rights of the Agent hereunder, and all obligations of each Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the any Loan Agreement, the NoteDocument, any other Ancillary Agreement document executed in connection with any Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the any Loan Agreement, the Note, any other Ancillary Agreement Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, any Pledgor.
Appears in 1 contract
Samples: Credit Agreement (Oshkosh Corp)
Lien Absolute. All rights of the Agent hereunder, and all obligations of the Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan and Security Agreement, the Note, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan and Security Agreement, the Note, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateralCollateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the Pledgor.
Appears in 1 contract
Samples: Pledge and Security Agreement (LDM Technologies Co)
Lien Absolute. All rights of Agent and Lender hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) any lack of validity or enforceability of the Loan Agreement, the NoteCredit Facility, any other Ancillary Agreement of the Other Documents or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Agreement, the NoteCredit Facility, any other Ancillary Agreement of the Other Documents or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or
(d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 1 contract
Samples: Revolving Credit Agreement (Behringer Harvard Reit I Inc)
Lien Absolute. All rights right of Agent Pledgee hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of:
(a) 1. any lack of validity or enforceability of the Loan Credit Agreement, the NoteGuaranty, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(b) 2. any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Credit Agreement, the NoteGuaranty, any other Ancillary Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations;
(c) 3. any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from the terms of, any guaranty, for all or of any of the Secured Obligations; or
(d) 4. any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.
Appears in 1 contract