Operations Co Remains Liable Sample Clauses

Operations Co Remains Liable. Anything herein to the contrary notwithstanding, (i) Operations Co shall remain liable for all obligations under and in respect of the Collateral and nothing contained herein is intended as or shall be a delegation of duties to Collateral Agent or the other Secured Parties, (ii) Operations Co shall remain liable under each of the agreements included in the Collateral, including the Pledged Agreements to perform all of its duties and Amended and Restated Schedule 15 (Exhibit A) Operations Co Security Agreement NG-KIH Project Implementation Agreement obligations thereunder to the same extent as if this Agreement had not been executed in accordance with and pursuant to the terms and provisions thereof, (iii) the exercise by the Collateral Agent of any of its rights hereunder shall not release Operations Co from any of its duties or obligations under such Pledged Agreements, and (iv) the Collateral Agent shall not have any obligation or liability under any Pledged Agreements by reason of this Agreement, nor shall the Collateral Agent be obligated to perform any of the obligations or duties of Operations Co thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder.
Sample 1
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