No Impairment of Obligations. No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company or any other obligor upon the Securities (in the event such other obligor is obligated to make payments in respect of the Securities), which is absolute and unconditional, to pay the principal of, premium, if any, and interest on this Security at the times, place, and rate, and in the coin or currency, herein prescribed.
No Impairment of Obligations. Borrower assumes all responsibility and liability arising from or relating to the use, license, sale or other disposition of the Collateral. The Obligations shall not be affected by any failure of Lender to take any steps to perfect Lender's Liens or to collect or realize upon the Collateral, nor shall loss of or damage to the Collateral release Borrower from any of the Obligations.
No Impairment of Obligations. Until the Note has been paid in full, Debtor will not make any agreement which is inconsistent with its Obligations unless Debtor has obtained prior written consent from Secured Party.
No Impairment of Obligations. The Parent Guarantor hereby agrees that its obligations under this Parent Guaranty shall not be released, discharged, diminished, impaired, reduced, or affected for any reason or by the occurrence of any event, including, without limitation, one or more of the following events, whether or not with notice to or the consent of the Parent Guarantor: (a) the taking or accepting of collateral as security for any or all of the Guaranteed Obligations or the release, surrender, exchange, or subordination of any collateral now or hereafter securing any or all of the Guaranteed Obligations; (b) the full or partial release of any other guarantor from liability for any or all of the Guaranteed Obligations; (c) any disability of any Borrower, or the dissolution, insolvency, or bankruptcy of any Borrower, the Parent Guarantor, or any other party at any time liable for the payment of any or all of the Guaranteed Obligations; (d) any renewal, extension, modification, waiver, amendment, or rearrangement of any or all of the Guaranteed Obligations or any instrument, document, or agreement evidencing, securing, or otherwise relating to any or all of the Guaranteed Obligations; (e) any adjustment, indulgence, forbearance, waiver, or compromise that may be granted or given by any Agent or any Lender to any Borrower, the Parent Guarantor, or any other party ever liable for any or all of the Guaranteed Obligations; (f) any neglect, delay, omission, failure, or refusal of any Agent or any Lender to take or prosecute any action for the collection of any of the Guaranteed Obligations or to foreclose or take or prosecute any action in connection with any instrument, document, or agreement evidencing, securing, or otherwise relating to any or all of the Guaranteed Obligations; (g) the unenforceability or invalidity of any or all of the Guaranteed Obligations or of any instrument, document, or agreement evidencing, securing, or otherwise relating to any or all of the Guaranteed Obligations; (h) any payment by any Borrower or any other party to any Agent or any Lender is held to constitute a preference under applicable bankruptcy or insolvency law or if for any other reason any Agent or any Lender is required to refund any payment or pay the amount thereof to someone else; (i) the settlement or compromise of any of the Guaranteed Obligations; (j) the non-perfection of any security interest or lien securing any or all of the Guaranteed Obligations; (k) any impairment of any collateral s...
No Impairment of Obligations. The obligations of Guarantor hereunder shall not be affected, modified, changed, amended, limited, impaired, released or discharged, in whole or in part, by reason of: (a) the entry of an order for relief pursuant to the United States Bankruptcy Code by or against Tenant or Guarantor; (b) the modification, change, amendment, limitation, impairment or release of the liability of Tenant or its estate in bankruptcy or of any remedy for the enforcement thereof, resulting from the operation of any present or future provision of the U.S. Bankruptcy Code, or from the decision of any federal, state or local court; (c) the proposal or confirmation of a plan of reorganization concerning Tenant or Guarantor or by any rejection of the Master Lease pursuant to any such proceeding; (d) except as otherwise provided for in the Master Lease, the assignment of Tenant’s obligations pursuant to: (i) the Master Lease; (ii) an order of court; or (iii) by operation of law.
No Impairment of Obligations. The obligations of Guarantor hereunder shall not be affected, modified, changed, amended, limited, impaired, released or discharged, in whole or in part, by reason of: (a) the entry of an order for relief pursuant to the United States Bankruptcy Code by or against Master Tenant, New London Tenant, or Guarantor; (b) the modification, change, amendment, limitation, impairment or release of the liability of Master Tenant, New London Tenant or their estate in bankruptcy or of any remedy for the enforcement thereof, resulting from the operation of any present or future provision of the U.S. Bankruptcy Code, or from the decision of any federal, state or local court; (c) the proposal or confirmation of a plan of reorganization concerning Master Tenant, New London Tenant, or Guarantor or by any rejection of the Master Lease or the New London Lease pursuant to any such proceeding; (d) except as otherwise provided for in the Master Lease or the New London Lease, the assignment of any Guarantor’s obligations pursuant to: (i) the Master Lease, the New London Lease and/or the Operating Subleases; (ii) an order of court; or (iii) by operation of law.
No Impairment of Obligations. (a) No provisions of any constitution, statute, resolution or other order or measure enacted after the Effective Date of this Agreement shall in any manner be construed as limiting or impairing the obligation of District No. 1 to levy ad valorem property taxes, or as limiting or impairing the obligation of District No. 1 to levy, administer, enforce and collect the ad valorem property taxes as provided herein, or as limiting or impairing the obligation of District No. 1 to transfer all District No. 1 Revenues to or at the direction of the Authority.
(b) In addition, and without limiting the generality of the foregoing Section 2.07(a), the obligations of District No. 1 to transfer funds to or at the direction of the Authority as provided herein shall survive any court determination of the invalidity of this Agreement as a result of a failure, or alleged failure, of any of the directors of District No. 1 to properly disclose, pursuant to State law, any potential conflicts of interest related hereto in any way, provided that such disclosure is made on the record of meetings of District No. 1 as set forth in its official minutes.
No Impairment of Obligations. Until the Note has been paid in full, Co-Debtors will not make any agreement which is inconsistent with its Obligations, nor sell, lease or otherwise dispose of the Collateral other than in the ordinary course of business, unless Co-Debtors have obtained the prior written consent of Secured Party, which consent will not be withheld unreasonably. Secured Party may, as a condition of giving consent, require that all or part of the proceeds be applied to the Note as a prepayment.
No Impairment of Obligations. The rights of Sellers as against Participant, and the rights and obligations of Participant, in each case as provided by the terms of this Agreement, shall remain in full force and effect without regard to, and shall not be impaired by, any circumstance, including without limitation: (i) any act or failure to act on the part of the Agent or any Seller; (ii) any indulgence in respect of the Loan Documents granted by the Agent or any Seller pursuant to the Loan Documents or otherwise; (iii) any increase or decrease in the maximum amount of the Commitments, or the provision of additional credit facilities under the Loan Documents; (iv) except as set forth in Section 4(b), any change in the manner, place or terms of payment of all or any part of the Obligations or renewal, extension, modification, rearrangement, refinancing or refunding of all or any part of the Obligations, or any amendment, modification or restatement, or waiver of, or addition or supplement to, or deletion from, or compromise, release, consent or other action in respect of the Loan Documents which may be made by the Agent and the Sellers, or any of them; (v) any exercise or non-exercise by the Agent and the Sellers of any right, power, privilege or remedy under or in respect of the Loan Documents or any waiver of any such right, power, privilege or remedy or of any default in respect thereof, or any neglect, delay, omission, failure or refusal to take or prosecute any action for the collection of all or any part of the Obligations or to take or prosecute any action in connection with any of the Loan Documents; (vi) any receipt by the Agent or any Seller of any security, or any failure by the Agent or the Sellers to perfect or maintain perfection of any security interest in any property; (vii) any merger or consolidation of any Obligated Party, the Agent or any Seller or any of their respective subsidiaries into or with any other Person, or any sale, lease or transfer of any or all of the assets of any such Person or any of their respective subsidiaries to any other Person; (viii) any sale, exchange, release, surrender, or realization upon, in any order, any Collateral or Lien securing all or any part of the Obligations; (ix) except as set forth in Section 4(b), any settlement or compromise of the Obligations or any portion thereof, (x) subordination of the payment of all or any part of the Obligations to the payment of any obligations, indebtedness or liabilities which may be due or become ...
No Impairment of Obligations. Nothing contained in this Agreement, the Warehouse Agreement or the Senior Subordinated Loan Agreement is intended to or shall impair, as between Company and Lender, the obligation of Company, which is unconditional and absolute, to fully pay and perform to Lender the Junior Subordinated Loan Obligations as and when the same shall become due in accordance with the terms of this Agreement, or is intended to or shall affect the relative rights against Company of Lender and creditors of Company other than Senior Lenders with respect to the Senior Loan Obligations and Senior Subordinated Lenders with respect to the Senior Subordinated Loan Obligations. The failure to make a payment on account of the Junior Subordinated Loan Obligations by reason of any provision of this Article Eight shall not be construed as preventing the occurrence of a Potential Event of Default or an Event of Default hereunder or a Potential Event of Default or an Event of Default under and as defined in any document evidencing the Senior Loan Obligations or Senior Subordinated Loan Obligations nor shall anything herein prevent Lender from exercising all remedies otherwise permitted by applicable law except as expressly provided in this Article 8.
