Common use of No Reduction in Obligations Clause in Contracts

No Reduction in Obligations. No payment or payments made by any Borrower or any other Person or received or collected by Agent or any Lender from any Borrower or any other Person by virtue of any action or proceeding or any setoff or appropriation or application at any time or from time to time in reduction of or in payment of the Obligations shall be deemed to modify, reduce, release or otherwise affect the liability of each Borrower under this Agreement, and each Borrower shall remain liable for all of the Obligations until the Obligations are paid in full.

No Reduction in Obligations. No payment or payments made by any Borrower or any other Person or received or collected by Agent or any Lender from any Borrower or any other Person by virtue of any action or proceeding or any setoff or appropriation or application at any time or from time to time in reduction of or in payment of the Obligations shall be deemed to modify, reduce, release or otherwise affect the liability of each Borrower under this Agreement, and each Borrower shall remain liable for all of the Obligations until the Obligations are paid in full.

No Reduction in Obligations. No payment or payments made by any Borrower of the Borrowers or any other Person or received or collected by the Agent or any Lender from any Borrower of the Borrowers or any other Person by virtue of any action or proceeding or any setoff or appropriation or application at any time or from time to time in reduction of or in payment of the Obligations shall be deemed to modify, reduce, release or otherwise affect the liability of each Borrower under this Agreement, and each Borrower shall remain liable for all of the to repay any outstanding Obligations until the all such outstanding Obligations are paid in fullfull and this Agreement is terminated.