No Performance Required of the Secured Parties. The Pledgor will remain liable to perform all of its obligations under the Transactions and any of the Collateral. None of the Secured Parties will have any obligation under the Transactions or any of the Collateral by reason of this Agreement.
Appears in 4 contracts
Samples: Pledge and Security Agreement (Erbey William C), Pledge and Security Agreement (Ricketts J Joe), Pledge and Security Agreement (Ricketts J Joe)