Common use of Pledgor’s Obligations Absolute Clause in Contracts

Pledgor’s Obligations Absolute. The obligations of each Pledgor under this Agreement shall be absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated or otherwise affected by, any circumstance or occurrence whatsoever, including, without limitation: (a) any renewal, extension, amendment or modification of, or addition or supplement to or deletion from any of the Secured Debt Documents, or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such agreement or instrument or this Agreement; (c) any furnishing of any additional security to the Pledgee or its assignee or any acceptance thereof or any release of any security by the Pledgee or its assignee; (d) any limitation on any party’s liability or obligations under any such instrument or agreement or any invalidity or unenforceability, in whole or in part, of any such instrument or agreement or any term thereof; or (e) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to any Pledgor or any Subsidiary of any Pledgor, or any action taken with respect to this Agreement by any trustee or receiver, or by any court, in any such proceeding, whether or not such Pledgor shall have notice or knowledge of any of the foregoing.

Pledgor’s Obligations Absolute. The obligations of each Pledgor Pledgors under this Agreement shall be absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated terminated, lessened or otherwise affected by, by any circumstance or occurrence whatsoever, including, without limitation: (a) any renewal, extension, substitution, amendment or modification of, of or addition or supplement to or deletion from any of the Secured Debt Documents, Purchase Agreement or any other instrument or agreement referred to thereinthis Agreement, or any assignment or transfer of any thereof; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of the Purchase Agreement or this Agreement, or any such agreement exercise or instrument non-exercise of any right, remedy, power or privilege under or in respect of the Purchase Agreement, or this Agreement; (c) any furnishing of any additional collateral or security to the Pledgee Secured Party or its assignee or any acceptance thereof or any release of any collateral or security in whole or in part by the Pledgee Secured Party or its assigneeassignee under this Agreement or under the Purchase Agreement, or otherwise; (d) any limitation on any party’s 's liability or obligations under any such instrument the Purchase Agreement or agreement under this Agreement, or any invalidity or unenforceability, unenforceability in whole or in part, of any such instrument or agreement or any term thereof; or; (e) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to any Pledgor the Pledgors or any Subsidiary of any Pledgorthe Corporations, or any action taken with respect to this Agreement or the Purchase Agreement by any trustee or receiver, or by any court, in any such proceeding, ; or (f) any other circumstances; whether or not such Pledgor the Pledgors shall have notice or knowledge of any of the foregoing.

Pledgor’s Obligations Absolute. The obligations of each Pledgor under ------------------------------ this Agreement shall be absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated or otherwise affected by, any circumstance or occurrence whatsoever, including, without limitation: (a) any renewal, extension, amendment or modification of, or addition or supplement to or deletion from any of the Secured Debt Documents, or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such agreement or instrument or this Agreement; (c) any furnishing of any additional security to the Pledgee or its assignee or any acceptance thereof or any release of any security by the Pledgee or its assignee; (d) any limitation on any party’s 's liability or obligations under any such instrument or agreement or any invalidity or unenforceability, in whole or in part, of any such instrument or agreement or any term thereof; or (e) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to any Pledgor or any Subsidiary of any Pledgor, or any action taken with respect to this Agreement by any trustee or receiver, or by any court, in any such proceeding, whether or not such Pledgor shall have notice or knowledge of any of the foregoing.

Pledgor’s Obligations Absolute. The obligations of each the Pledgor under this Agreement shall be absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated or otherwise affected by, any circumstance or occurrence whatsoever, including, without limitation: (a) any renewal, extension, amendment or modification of, or addition or supplement to or deletion from any of the Secured Debt Documents, or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such agreement or instrument or this Agreement; (c) any furnishing of any additional security to the Pledgee or its assignee or any acceptance thereof or any release of any security by the Pledgee or its assignee; (d) any limitation on any party’s liability or obligations under any such instrument or agreement or any invalidity or unenforceability, in whole or in part, of any such instrument or agreement or any term thereof; or (e) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to any Pledgor or any Subsidiary of any PledgorCredit Party, or any action taken with respect to this Agreement by any trustee or receiver, or by any court, in any such proceeding, whether or not such the Pledgor shall have notice or knowledge of any of the foregoing.

Pledgor’s Obligations Absolute. The obligations of each the Pledgor under this Pledge Agreement and the Security Instruments shall be absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated or otherwise affected by, any circumstance or occurrence whatsoever, including, without limitation: (a) any A. Any renewal, extension, amendment or modification of, or addition or supplement to or deletion from any of the Secured Debt DocumentsSecurity Instrument, or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; (b) any B. Any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such agreement or instrument or this Agreement; (c) any C. Any furnishing of any additional security to the Pledgee or its assignee Secured Party or any acceptance thereof or any release of any security by the Pledgee or its assigneeSecured Party; (d) any D. Any limitation on any party’s liability or obligations under any such instrument or agreement or any invalidity or unenforceability, in whole or in part, of any such instrument or agreement or any term thereof; or (e) any E. Any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to any Pledgor or any Subsidiary either of any the Pledgor, or any action taken with respect to this Pledge Agreement by any trustee or receiver, or by any court, in any such proceeding, whether or not such the Pledgor shall have notice or knowledge of any of the foregoing.

Pledgor’s Obligations Absolute. The obligations of each Pledgor under this Pledge Agreement shall be absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated discharged or otherwise affected by, in any way impaired by any circumstance or occurrence whatsoever, including, including without limitation: : (a) any renewal, extension, amendment or modification of, or addition or supplement to or deletion from any of the Secured Debt DocumentsNote, the Loan Agreement, the Guarantee or any document or instrument provided for herein or therein or related thereto (other than amendments or modifications of this Agreement to the extent that they expressly provide for such release, discharge or impairment), or any assignment, transfer or other instrument or agreement referred to therein, or any assignment or transfer disposition of any thereof; ; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such agreement document or instrument or any exercise or non-exercise of any right, remedy, power or privilege under or in respect of any such document or instrument or this Pledge Agreement; ; (c) any furnishing of any additional security to the Pledgee or its assignee or any acceptance thereof or any release of any security by the Pledgee or its assignee; (d) any limitation on any party’s liability or obligations under any such instrument or agreement or any invalidity or unenforceability, in whole or in part, of any such instrument or agreement or any term thereof; or (e) any bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, adjustment, dissolution, liquidation or other like similar proceeding relating to any Pledgor or any Subsidiary of any Pledgor, or any action taken with respect to this Agreement by Company, Pledgor, Guarantor or any trustee of their properties or receivercreditors; or (d) any limitation on Company’s, Pledgor’s or by any court, in Guarantor’s liabilities or obligations under any such proceeding, instrument or any invalidity or unenforceability in whole or in part of any such document or instrument or any term thereof; whether or not such Pledgor shall have notice or knowledge of any of the foregoing.

Pledgor’s Obligations Absolute. The obligations of each the Pledgor under this Agreement shall be absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated or otherwise affected by, any circumstance or occurrence whatsoever, including, without limitation: : (a) any renewal, extension, amendment or modification of, of or addition or supplement to or deletion from any of the Secured Debt DocumentsCapital Contribution Agreement, the Note or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; ; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such agreement or instrument or this Agreement; ; (c) any furnishing of any additional security to the Pledgee or its assignee Lender or any acceptance thereof or any release of any security by the Pledgee or its assignee; Lender; (d) any limitation on any party’s 's liability or obligations under any such instrument or agreement or any invalidity or unenforceability, in whole or in part, of any such instrument or agreement or any term thereof; or or (e) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to any Pledgor or any Subsidiary of any the Pledgor, or any action taken with respect to this Agreement by any trustee or receiver, or by any court, in any such proceeding, whether or not such the Pledgor shall have notice or knowledge of any of the foregoing.

Pledgor’s Obligations Absolute. The obligations liability of each Pledgor under this Agreement shall be absolute and unconditional and shall remain in full force and effect without regard to, and and, unless otherwise expressly provided in any other Financing Document, shall not be released, suspended, discharged, terminated or otherwise affected by, any circumstance or occurrence whatsoever, including, without limitation: : (a) any change in the time, place or manner of payment of all or any of the Obligations, or in any other term of any of the Financing Documents, waiver, indulgence, renewal, extension, amendment or modification ofof or addition, or addition consent or supplement to or deletion from any of the Secured Debt Documents, or any other instrument or agreement referred to therein, or any assignment or transfer of any thereof; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of the Financing Documents or any such agreement assignment or instrument transfer thereof; (b) any lack of validity or this Agreement; enforceability, in whole or in part, of any of the Financing Documents; (c) any furnishing of any additional security to for the Pledgee or its assignee Obligations or any acceptance thereof or any release or non-perfection of any security by the Pledgee or its assignee; interest in property; (d) any limitation on any party’s 's liability or obligations under any such instrument or agreement or any invalidity or unenforceability, in whole or in part, of any such instrument or agreement or any term thereofthe Financing Documents; or (e) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to the Pledgor, any Pledgor Pledged Subsidiary or any Subsidiary of any Pledgorother Person, or any action taken with respect to this Agreement by any trustee or receiver, or by any court, in any such proceeding, whether or not such the Pledgor shall have notice or knowledge of any of the foregoing; or (f) any exchange, release, amendment or waiver of, or consent to departure from any other agreement pursuant to which a Lien is created in favor of the Pledgee.

Pledgor’s Obligations Absolute. The obligations of each the Pledgor under this Agreement shall be absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated discharged or otherwise affected by, in any way impaired by any circumstance or occurrence whatsoever, including, including without limitation: : (a) any renewal, extension, amendment refunding, amendment, modification or modification of, replacement of or addition or supplement to or deletion from the Revolving Loan Agreement, any of the Secured Debt DocumentsNote, any other Loan Document or any other instrument or agreement referred to thereinprovided for in the Revolving Loan Agreement, or any assignment or transfer of any thereof; ; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such agreement instrument or any exercise or non-exercise of any right, remedy, power or privilege under or in respect of any such instrument or this Agreement; ; (c) any furnishing of any additional security bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation or similar proceeding with respect to the Pledgee Pledgor, SPTMRT or its assignee SPTBROOK or any acceptance thereof of its or any release of any security by the Pledgee their properties; or its assignee; (d) any limitation on any party’s the liability or obligations of the Pledgor, SPTMRT or SPTBROOK under any such instrument or agreement or any invalidity or unenforceability, in whole or in part, of any such instrument or agreement or any term thereof; or (e) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to any Pledgor or any Subsidiary of any Pledgor, or any action taken with respect to this Agreement by any trustee or receiver, or by any court, in any such proceeding, whether or not such the Pledgor shall have notice or knowledge of any of the foregoing.

Pledgor’s Obligations Absolute. The Subject to the terms of this Agreement, the Purchase Agreement and the Seller Note, the rights of Secured Party and the obligations of each Pledgor under this Agreement shall be are absolute and unconditional and shall remain in full force and effect without regard to, and shall not be released, suspended, discharged, terminated terminated, lessened or otherwise affected by, any circumstance or occurrence whatsoever, including, including without limitation: (a) any renewal, extension, substitution, amendment or modification of, or addition or supplement to or deletion from any of the Secured Debt DocumentsSeller Note, the Purchase Agreement or any other instrument or agreement referred to thereinthis Agreement, or any assignment or transfer of any thereofof the foregoing; (b) any waiver, consent, extension, indulgence or other action or inaction under the Seller Note, the Purchase Agreement, this Agreement, or in respect of any such agreement or other document, instrument or this Agreementagreement between the parties hereto; (c) any furnishing of any additional collateral or security to the Pledgee or its assignee Secured Party, or any acceptance thereof thereof, or any release of any collateral or security in whole or in part by the Pledgee or its assignee;Secured Party; or (d) any limitation on any party’s liability or obligations under any such instrument or agreement or any invalidity or unenforceability, in whole or in part, of any such instrument or agreement or any term thereof; or (e) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation insolvency or other like proceeding relating to any Pledgor or any Subsidiary of any Pledgorthe Company, or any action taken with respect to the Seller Note, the Purchase Agreement or this Agreement by any trustee court appointed trustee, receiver or receiver, or by any court, in any such proceeding, whether or not such Pledgor shall have notice or knowledge of any of the foregoing.