Common use of No Impairment of Obligations Clause in Contracts

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. 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 the Lenders to take any steps to perfect Lender's Liens the Lenders' 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. 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 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. 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 the Lender to take any steps to perfect the Lender's Liens 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.