Common use of Pledgor’s Obligations Absolute Clause in Contracts

Pledgor’s Obligations Absolute. The obligations of 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, discharged or in any way impaired by any circumstance whatsoever, including without limitation: (a) any amendment or modification of either or both of the Notes, this Pledge Agreement, the Loan Agreement or any document or instrument provided for herein or therein or related thereto, or any assignment, transfer or other disposition of any thereof; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such 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 bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation or similar proceeding with respect to Pledgor or any of its properties or creditors; or (d) any limitation on Pledgor’s liabilities, obligations, duties, or indebtedness under any such instrument or any invalidity or unenforceability, in whole or in part of any such document or instrument or any term thereof; whether or not Pledgor shall have notice or knowledge of the foregoing.

Appears in 1 contract

Samples: Third Party Pledge and Security Agreement (Gold Banc Corp Inc)

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Pledgor’s Obligations Absolute. The obligations of the ------------------------------ 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, discharged or in any way impaired by any circumstance whatsoever, including without limitation: (a) any amendment or modification of either or both of the Notes, this Pledge the Loan Agreement, the Loan Agreement or any document or instrument provided for herein or therein or related thereto, or any assignment, transfer or other disposition of any thereof; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such 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 bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation or similar proceeding with respect to the Pledgor or any of its properties or creditors; or (d) any limitation on the Pledgor’s liabilities, obligations, duties, 's liabilities or indebtedness obligations under any such instrument or any invalidity or unenforceability, in whole or in part of any such document or instrument or any term thereof; whether or not the Pledgor shall have notice or knowledge of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Allegiant Bancorp Inc)

Pledgor’s Obligations Absolute. The obligations of the ------------------------------ 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, discharged or in any way impaired by any circumstance whatsoever, including without limitation: (a) any amendment or modification of either or both of the Notes, this Pledge AgreementNote, the Loan Agreement or any document or instrument provided for herein or therein or related thereto, or any assignment, transfer or other disposition of any thereof; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such 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 bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation or similar proceeding with respect to the Pledgor or any of its properties or creditors; or (d) any limitation on the Pledgor’s liabilities, obligations, duties, 's liabilities or indebtedness obligations under any such instrument or any invalidity or unenforceability, in whole or in part of any such document or instrument or any term thereof; whether or not the Pledgor shall have notice or knowledge of the foregoing.

Appears in 1 contract

Samples: Loan Agreement (Privatebancorp Inc)

Pledgor’s Obligations Absolute. The obligations Obligations of the 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, discharged or in any way impaired by any circumstance whatsoever, including without limitation: (a) any amendment or modification of either or both of the Notes, this Pledge AgreementNote, the Loan Agreement Agreement, or any document or instrument provided for herein or therein or related thereto, or any assignment, transfer or other disposition of any thereof; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such 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 bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation liquidation, or similar proceeding with respect to the Pledgor or any of its properties or creditors; or (d) any limitation on the Pledgor’s liabilities, obligations, duties, liabilities or indebtedness obligations under any such instrument or any invalidity or unenforceabilitylack of enforceability, in whole or in part part, of any such document or instrument or any term thereof; , whether or not the Pledgor shall have notice or knowledge of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Corus Bankshares Inc)

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Pledgor’s Obligations Absolute. The obligations Obligations of the 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, discharged or in any way impaired by any circumstance whatsoever, including without limitation: (a) any amendment or modification of either or both of the Notes, this Pledge AgreementNote, the Loan Agreement Agreement, or any document or instrument provided for herein or therein or related thereto, or any assignment, transfer or other disposition of any thereof; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such 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 bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation liquidation, or similar proceeding with respect to the Pledgor or any of its properties or creditors; or (d) any limitation on the Pledgor’s liabilities, obligations, duties, 's liabilities or indebtedness obligations under any such instrument or any invalidity or unenforceabilitylack of enforceability, in whole or in part part, of any such document or instrument or any term thereof; , whether or not the Pledgor shall have notice or knowledge of the foregoing.

Appears in 1 contract

Samples: Pledge and Security Agreement (Corus Bankshares Inc)

Pledgor’s Obligations Absolute. The obligations Obligations of the 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, discharged or in any way impaired by any circumstance whatsoever, including without limitation: (a) any amendment or modification of either or both of the Notes, this Pledge the Agreement, the Loan Agreement or any document or instrument provided for herein or therein or related thereto, or any assignment, transfer or other disposition of any thereof; (b) any waiver, consent, extension, indulgence or other action or inaction under or in respect of any such 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 bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation liquidation, or similar proceeding with respect to the Pledgor or any of its properties or creditors; or (d) any limitation on the Pledgor’s liabilities, obligations, duties, liabilities or indebtedness obligations under any such instrument or any invalidity or unenforceabilitylack of enforceability, in whole or in part part, of any such document or instrument or any term thereof; , whether or not the Pledgor shall have notice or knowledge of the foregoing.

Appears in 1 contract

Samples: Loan and Security Agreement (Fansteel Inc)

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