No Merger or Novation. Neither the taking of any judgment nor the exercise of any power of seizure or sale shall operate to extinguish the liability of the Company to pay the moneys hereby secured nor shall the same operate as a merger of any covenant herein contained or of any other Obligation, nor shall the acceptance of any payment or other security constitute or create any novation.
Appears in 5 contracts
Samples: Agreement (Universe2u Inc), General Security Agreement (Derma Sciences Inc), General Security Agreement (Universe2u Inc)
No Merger or Novation. Neither the taking of any judgment nor the exercise of any power of seizure or sale shall operate to extinguish the liability of the Company Corporation to pay the moneys hereby secured nor shall the same operate as a merger of any covenant herein contained or of any other Obligation, nor shall the acceptance of any payment or other security constitute or create any novation.
Appears in 4 contracts
Samples: Purchase Agreement (Xplore Technologies Corp), Purchase Agreement (Xplore Technologies Corp), Credit Agreement (Radiant Energy Corp)
No Merger or Novation. Neither the taking of any judgment nor the exercise of any power of seizure or sale shall operate to extinguish the liability of the Company Corporation to pay the moneys owing hereby secured nor shall the same operate as a merger of any covenant herein contained or of any other Obligation, nor shall the acceptance of any payment or other security constitute or create any novation.
Appears in 2 contracts
Samples: Credit Agreement (Acreage Holdings, Inc.), Credit Agreement (Canopy Growth Corp)
No Merger or Novation. Neither the taking of any judgment judgement nor the exercise of any power of seizure or sale shall operate to extinguish the liability of the Company Companies to jointly and severally pay the moneys full amount due and owing hereunder or secured hereby secured nor shall the same operate as a merger of any covenant contained herein contained or of any other Obligation, nor shall the acceptance of any payment or other security constitute or create any novation.
Appears in 1 contract
Samples: D Angelo Brands Inc
No Merger or Novation. Neither the taking of any judgment nor the exercise of any power of seizure or sale shall operate to extinguish the liability of the Company Borrower to pay the moneys hereby secured owing under the Transaction Documents nor shall the same operate as a merger of any covenant herein contained or of any other Obligation, nor shall the acceptance of any payment or other security constitute or create any novation.
Appears in 1 contract
Samples: Loan Agreement (Rise Gold Corp.)
No Merger or Novation. Neither the taking of any judgment nor the exercise of any power of seizure or sale shall operate to extinguish the liability of the Company to pay the moneys hereby secured indebtedness nor shall the same operate as a merger of any covenant herein contained or of any other Obligationobligation, nor shall the acceptance of any payment or other security constitute or create any novation.
Appears in 1 contract
Samples: Debenture Indenture
No Merger or Novation. Neither the taking of any judgment nor the exercise of any power of seizure or sale shall operate to extinguish the liability of the Company each Obligor to pay the moneys hereby secured owing under the Transaction Documents to which it is a party nor shall the same operate as a merger of any covenant herein contained or of any other Obligation, nor shall the acceptance of any payment or other security constitute or create any novation.
Appears in 1 contract
