LNG Subsidiaries. Except as expressly provided herein, the execution, delivery and effectiveness of this Release shall not operate as a waiver of any right, power or remedy of the Collateral Agent or the Creditor under the Notes or any other Existing Transaction Document, nor constitute a waiver of any provision of the Notes or any other Transaction Document as against Dxxxxx, Parent or the Non-LNG Subsidiaries. Except as expressly set forth in this Release, Consent and Waiver, the Collateral Agents and the Creditor expressly reserve the right to exercise any and all of their rights and remedies under the Notes, any other Existing Transaction Document and applicable law in respect of any Default or Event of Default as against the Parent and other Non-LNG Subsidiaries.
Appears in 9 contracts
Samples: Release, Consent and Acknowledgement (PNG Ventures Inc), Release, Consent and Acknowledgement (Earth Biofuels Inc), Release, Consent and Acknowledgement (PNG Ventures Inc)
LNG Subsidiaries. Except as expressly provided herein, the execution, delivery and effectiveness of this Release shall not operate as a waiver of any right, power or remedy of the Collateral Agent or the Former Creditor under the Notes or any other Existing Transaction Document, nor constitute a waiver of any provision of the Notes or any other Transaction Document as against Dxxxxx, Parent or the Non-LNG Subsidiaries. Except as expressly set forth in this Release, Consent and Waiver, the Collateral Agents and the Former Creditor expressly reserve the right to exercise any and all of their rights and remedies under the Notes, any other Existing Transaction Document and applicable law in respect of any Default or Event of Default as against the Parent and other Non-LNG Subsidiaries.
Appears in 2 contracts
Samples: Release, Consent and Acknowledgement (PNG Ventures Inc), Release, Consent and Acknowledgement (Earth Biofuels Inc)