Common use of Obligor Remains Liable Clause in Contracts

Obligor Remains Liable. Anything herein to the contrary ---------------------- notwithstanding, (a) Obligor shall remain liable under its contracts and agreements included in the Collateral to the extent set forth therein to perform all of Obligor's duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by Secured Party of any of the rights hereunder shall not release Obligor from any of its duties or obligations under its contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Obligor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Obligor Remains Liable. Anything herein to the contrary ---------------------- notwithstanding, (a) the Obligor shall remain liable under its the contracts and agreements included in the Collateral to the extent set forth therein to perform all of Obligor's its duties and obligations thereunder to the same extent as if this Security Agreement had not been executed, (b) the exercise by the Secured Party of any of the rights hereunder or under any of the Asset Sale And Purchase Agreement shall not release the Obligor from any of its duties or obligations under its the contracts and agreements included in the Collateral, and (c) the Secured Party shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Security Agreement, nor shall the Secured Party be obligated to perform any of the obligations or duties of the Obligor thereunder or to take any action to collect or enforce any claim for payment assigned hereunderthereunder.

Obligor Remains Liable. Anything herein to the contrary ---------------------- notwithstanding, (a) Obligor each Grantor shall remain liable under its the contracts and agreements included in the such Grantor’s Collateral to the extent set forth therein to perform all of Obligor's its duties and obligations thereunder to thereunder, all in accordance with the same extent as if this Agreement had not been executedterms of any such contracts or agreements, (b) the exercise by Secured Party the Collateral Agent of any of the rights hereunder shall not release Obligor any Grantor from any of its duties or obligations under its the contracts and agreements included in the Collateral, Collateral and (c) no Secured Party shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this AgreementAgreement or any other Secured Debt Document, nor shall any Secured Party be obligated to perform any of the obligations or duties of the Obligor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Obligor Remains Liable. Anything herein to the contrary ---------------------- notwithstanding, (a) Obligor shall remain liable under its contracts and agreements included in the Collateral to the extent set forth therein to perform all of Obligor's duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by Secured Party of any of the rights hereunder shall not release Obligor from any of its duties or obligations under its contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Obligor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.