Common use of Pledgor Remains Liable Clause in Contracts

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (i) Pledgor shall remain liable under the contracts and agreements included in or relating to the Collateral to the extent set forth therein to perform all of his duties and obligations thereunder to the same extent as if this Agreement had not been executed, (ii) the exercise by the Lender of any of the rights hereunder shall not release Pledgor from any of his duties or obligations under the contracts and agreements included in or relating to the Collateral and (iii) the Lender shall not have any obligation or liability under the contracts and agreements included in or relating to the Collateral by reason of this Agreement, nor shall the Lender be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 4 contracts

Samples: Loan Agreement (Maxicare Health Plans Inc), Loan Agreement (Maxicare Health Plans Inc), Pledge Agreement (Maxicare Health Plans Inc)

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Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (ia) the Pledgor shall remain liable under the any contracts and agreements included in or relating to the Collateral to the extent set forth therein and to perform all of his its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (iib) the exercise by the Lender MLCS of any of the rights hereunder shall not release the Pledgor from any of his its duties or obligations under the any contracts and agreements included in or relating to the Collateral and (iiic) the Lender MLCS shall not have any obligation or liability under the any contracts and agreements included in or relating to the Collateral by reason of this AgreementAgreement or any other documents evidencing or securing the Swap Agreement (the “Swap Documents”), nor shall the Lender MLCS be obligated to perform any of the obligations or duties of the Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 4 contracts

Samples: Pledge Agreement (Municipal Mortgage & Equity LLC), Pledge Agreement (Municipal Mortgage & Equity LLC), Pledge Agreement (Municipal Mortgage & Equity LLC)

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

Appears in 3 contracts

Samples: Pledge Agreement (Jenkon International Inc), Pledge Agreement (Jenkon International Inc), Pledge Agreement (Roamer One Holdings Inc)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (ia) Pledgor shall remain liable under the any contracts and agreements included in or relating to the Collateral Pledged Collateral, to the extent set forth therein therein, to perform all of his its duties and obligations thereunder to the same extent as if this Pledge Agreement had not been executed, (iib) the exercise by the Lender Trustee of any of the rights hereunder shall not release Pledgor from any of his its duties or obligations under the contracts and agreements included in or relating to the Collateral Pledged Collateral, and (iiic) the Lender Trustee shall not have any obligation or liability under the any contracts and agreements included in or relating to the Pledged Collateral by reason of this Pledge Agreement, nor nor, except as provided in the Indenture, shall the Lender Trustee be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 2 contracts

Samples: Pledge Agreement (Austin Funding Com Corp), Pledge Agreement (Austin Funding Com Corp)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (ia) the Pledgor shall remain liable under the contracts and agreements included in or relating to the Collateral to the extent set forth therein to perform all of his its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (iib) the exercise by the Lender Collateral Agent of any of the rights hereunder shall not release the Pledgor from any of his its duties or obligations under the contracts and agreements included in or relating to the Collateral and (iiic) the Lender no Secured Party shall not have any obligation or liability under the contracts and agreements included in or relating to the Collateral by reason of this Agreement, any other Financing Document or any Additional Credit Documents, nor shall the Lender any Secured Party be obligated to perform any of the obligations or duties of the Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Puget Energy Inc /Wa), Credit Agreement (Puget Energy Inc /Wa)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (ia) the Pledgor shall remain liable under the contracts and agreements included in or relating to the Collateral to the extent set forth therein to perform all of his its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (iib) the exercise by the Lender Pledgee of any of the rights hereunder shall not release the Pledgor from any of his its duties or obligations under the contracts and agreements included in or relating to the Collateral Collateral, and (iiic) the Lender Pledgee shall not have any no obligation or liability under the contracts and agreements included in or relating to the Collateral by reason of this Agreement, nor shall the Lender Pledgee be obligated to perform any of the obligations or duties of the Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 2 contracts

Samples: Pledge, Assignment and Security Agreement (Coach Inc), Employment Agreement (Pathmark Stores Inc)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (ia) the Pledgor shall remain liable under the contracts and agreements included in or relating to the Pledged Collateral to the extent set forth therein to perform all of his its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (iib) the exercise by the Lender Agent of any of the rights hereunder shall not release the Pledgor from any of his its duties or obligations under the contracts and agreements included in or relating to the Pledged Collateral and (iiic) the Lender Agent shall not have any no obligation or liability under the contracts and agreements included in or relating to the Pledged Collateral by reason of this Agreement, nor shall the Lender Agent be obligated to perform any of the obligations or duties of the Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (Arm Financial Group Inc)

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Pledgor Remains Liable. Anything herein to the contrary notwithstanding, , (ia) the Pledgor shall remain liable under the contracts and agreements included in or relating to the Collateral to the extent set forth therein to perform all of his its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (iib) the exercise by the Lender Collateral Agent of any of the rights hereunder shall not release the Pledgor from any of his its duties or obligations under the contracts and agreements included in or relating to the Collateral and (iiic) the Lender no Secured Party shall not have any obligation or liability under the contracts and agreements included in or relating to the Collateral by reason of this Agreement, any other Financing Document or any Additional Credit Documents, nor shall the Lender any Secured Party be obligated to perform any of the obligations or duties of the Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Credit Agreement (Puget Sound Energy Inc)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (ia) the Pledgor shall remain liable under the contracts and agreements included in or relating to the its Collateral to the extent set forth therein to perform all of his its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (iib) the exercise by the Lender Collateral Agent of any of the rights hereunder shall not release the Pledgor from any of his its duties or obligations under the contracts and agreements included in or relating to the Collateral and (iiic) the Lender no Secured Party shall not have any obligation or liability under the contracts and agreements included in or relating to the Collateral by reason of this AgreementAgreement or any other Loan Document, nor shall the Lender any Secured Party be obligated to perform any of the obligations or duties of the Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Agilent Technologies Inc)

Pledgor Remains Liable. Anything herein Notwithstanding anything to the contrary notwithstandingcontained herein, (ia) each Pledgor shall remain liable under the contracts and agreements included in or relating to the Collateral to the extent set forth therein to perform all of his its respective duties and obligations thereunder to the same extent as if this Agreement had not been executed, (iib) the exercise by the Lender of any of the its rights hereunder shall not release such Pledgor from any of his duties or obligations under the contracts and agreements included in or relating to the Collateral Collateral, and (iiic) the Lender shall not have any obligation obligations or liability under any of the contracts and agreements included in or relating to the Collateral by reason of this Agreement, nor shall the Lender be obligated to perform any of the obligations or duties of such Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Pledge Agreement

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