Common use of Lien Absolute Clause in Contracts

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 Credit Agreement, the Revolving Credit Notes, any other Lender 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 Credit Agreement, the Revolving Credit Notes, any other Lender 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, the Pledgor.

Lien Absolute. All rights of the Agent Administrative Agent, on behalf of the Secured Creditors, hereunder, and all obligations of the Pledgor Pledgors hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Agreement, the Revolving Credit Notes, any other Lender 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 Credit Agreement, the Revolving Credit Notes, any other Lender 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; (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 (other than the Pledgoroccurrence of the Termination Date).

Lien Absolute. All rights of the Agent Secured Party hereunder, and all obligations of the Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Loan Agreement, the Revolving Credit Notesany Subsidiary Loan Document, any other Lender 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 Credit Loan Agreement, the Revolving Credit Notesany Subsidiary Loan Document, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any addition, exchange, release or non-perfection of any other collateralCollateral, or any release or amendment or waiver of or consent to departure from any guarantyguarantee, for all or any of the Secured Obligations; (d) the insolvency of the Borrower, the Pledgor or any other Guarantor; or (de) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the Pledgor.

Lien Absolute. All rights of the Agent hereunderhxxxxxxxx, and all obligations of the each Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Purchase Agreement, the Revolving Credit Notes, any other Lender 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 Credit Purchase Agreement, the Revolving Credit Notes, any other Lender 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 collateralPledged Collateral or 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; (d) the insolvency of any Obligor; or (de) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the any Pledgor.

Lien Absolute. All rights of the Agent hereunder, and all ------------- obligations of the each Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit any Secured Debt Agreement, the Revolving Credit Notes, any other Lender Agreement document executed in connection with either 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 Credit any Secured Debt Agreement, the Revolving Credit Notes, any other Lender 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, the any Pledgor.

Lien Absolute. All rights of the Agent and Lenders hereunder, and ------------- all obligations of the Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Agreement, the Revolving Credit Notes, any other Lender 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 Credit Agreement, the Revolving Credit Notes, any other Lender 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, the of Pledgor.

Lien Absolute. All rights of the Agent Secured Party hereunder, and all obligations of the each Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Securities Purchase Agreement, the Revolving Credit Notes, any other Lender Agreement Investment 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 Credit Securities Purchase Agreement, the Revolving Credit Notes, any other Lender Agreement Investment Document or any other agreement or 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 any Subsidiary Guarantor or any other guarantor of the obligations; or (de) any other circumstance which that might otherwise constitute a defense available to, or a discharge of, the any Pledgor.

Lien Absolute. All rights of the Administrative Agent hereunder, and all obligations of the Pledgor Pledgors hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Agreement, the Revolving Credit Notes, any other Lender 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 #PageNum# #4831-3075-4320 or any consent to any departure from the Credit Agreement, the Revolving Credit Notes, any other Lender 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; (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 (other than the Pledgoroccurrence of the Termination Date).

Lien Absolute. All rights of the Agent 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 Credit Agreement, the Revolving Credit Notes, any other Lender Financing 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 Credit Agreement, the Revolving Credit Notes, any other Lender Financing Agreement 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 the Borrower or any of its Subsidiaries; or (de) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the Pledgor.

Lien Absolute. All rights of the Agent Trustee hereunder, and all obligations of the each Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Agreement, the Revolving Credit NotesIndenture, any other Lender Agreement Note Security 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 Credit Agreement, the Revolving Credit NotesIndenture, any other Lender Agreement Note Security 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 the Company or any Guarantor; or (de) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the such Pledgor or any other Pledgor.

Lien Absolute. All rights of the Agent and Lenders hereunder, and all obligations of the Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Loan Agreement, the Revolving Credit Notes, any other Lender Agreement Ancillary Agreements or any other agreement or instrument governing or evidencing any Secured ObligationsLiabilities; (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 ObligationsLiabilities, or any other amendment or waiver of or any consent to any departure from the Credit Loan Agreement, the Revolving Credit Notes, any other Lender Ancillary Agreement or any other agreement or instrument governing or evidencing any Secured ObligationsLiabilities; (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 ObligationsLiabilities; or (d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the Pledgor.

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 Credit Agreement, the Revolving Credit Notesthis Agreement, any other Lender 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 Credit Agreement, the Revolving Credit NotesAgreement, any other Lender Agreement Other Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any exchange, release or non-perfection of any other collateralCollateral, other than 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, the Pledgor.

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 Credit any Secured Debt Agreement, the Revolving Credit Notes, any other Lender Agreement document executed in connection with either 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 Credit any Secured Debt Agreement, the Revolving Credit Notes, any other Lender 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, the Pledgor.

Lien Absolute. All rights of Agent, on behalf of itself and the Agent other Secured Parties, hereunder, and all obligations of the each Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Loan Agreement, the Revolving Credit Notes, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (b) any change in the time, manner manner, place or place terms 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 Credit Loan Agreement, the Revolving Credit Notes, any other Lender 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 Joinder or guaranty, for all or any of the Secured Obligations; (d) the insolvency of any Loan Party; or (de) any other action or circumstance which might otherwise constitute a defense available to, or a legal or equitable discharge of, the any Pledgor.

Lien Absolute. All rights of the Administrative Agent and Lenders hereunder, and all obligations of the Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Agreement, the Revolving Credit Notes, any other Lender Agreement Ancillary Agreements or any other agreement or instrument governing or evidencing any Secured ObligationsIndebtedness; (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 ObligationsIndebtedness, or any other amendment or waiver of or any consent to any departure from the Credit Agreement, the Revolving Credit Notes, any other Lender Ancillary Agreement or any other agreement or instrument governing or evidencing any Secured ObligationsIndebtedness; (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 ObligationsIndebtedness; or (d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the Pledgor.