Pledgor Remains Liable. Anything herein to the contrary notwithstanding: (a) the Pledgor shall remain liable to perform all of its duties and obligations as an owner of the Pledged Interests, to the same extent as if this Pledge Agreement had not been executed; (b) the exercise by the Pledgee of any of its rights hereunder shall not release the Pledgor from any of its duties or obligations as owner of the Pledged Interests; and (c) the Pledgee shall not have any obligation or liability as an owner of any Pledged Interest as applicable, by reason of this Pledge Agreement.
Appears in 3 contracts
Samples: Senior Secured Credit Agreement (Surebeam Corp), Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Surebeam Corp)
Pledgor Remains Liable. Anything herein to the contrary notwithstanding:
(a) the each Pledgor shall remain liable to perform all of its duties and obligations as an owner of the Pledged Interests, to the same extent as if this Pledge Agreement had not been executed;
(b) the exercise by the Pledgee of any of its rights hereunder shall not release the any Pledgor from any of its duties or obligations as owner of the Pledged Interests; and
(c) the Pledgee shall not have any obligation or liability as an owner of any Pledged Interest as applicableInterest, by reason of this Pledge Agreement.
Appears in 3 contracts
Samples: Senior Secured Credit Agreement (Surebeam Corp), Senior Secured Credit Agreement (Titan Corp), Senior Secured Credit Agreement (Surebeam Corp)
Pledgor Remains Liable. Anything herein to the contrary notwithstanding:
, (a) the Pledgor shall remain liable to perform all of its duties and obligations as an owner a member of the Pledged Interests, Companies to the same extent as if this Pledge Agreement had not been executed;
, (b) the exercise by the Pledgee Agent or any Lender of any of its rights hereunder shall not release the Pledgor from any of its duties or obligations as owner a member of the Pledged Interests; and
Companies, and (c) neither the Pledgee Agent nor any Lender shall not have any obligation or liability as an owner a member of any Pledged Interest as applicable, the Companies by reason of this Pledge Agreement.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Insignia Properties Trust /), Pledge and Security Agreement (Insignia Properties Trust /)
Pledgor Remains Liable. Anything herein to the contrary notwithstanding:
(a) the : each Pledgor shall remain liable to perform all of its duties and obligations as an owner of the Pledged Interests, to the same extent as if this Pledge Agreement had not been executed;
(b) ; the exercise by the Pledgee of any of its rights hereunder shall not release the any Pledgor from any of its duties or obligations as owner of the Pledged Interests; and
(c) and the Pledgee shall not have any obligation or liability as an owner of any Pledged Interest as applicableInterest, by reason of this Pledge Agreement.. ATTORNEY IN FACT
Appears in 1 contract
Pledgor Remains Liable. Anything herein to the contrary notwithstanding:
(a) : the Pledgor shall remain liable to perform all of its duties and obligations as an owner of the Pledged Interests, to the same extent as if this Pledge Agreement had not been executed;
(b) ; the exercise by the Pledgee of any of its rights hereunder shall not release the Pledgor from any of its duties or obligations as owner of the Pledged Interests; and
(c) and the Pledgee shall not have any obligation or liability as an owner of any Pledged Interest as applicable, by reason of this Pledge Agreement.. ATTORNEY IN FACT
Appears in 1 contract
