Common use of Pledgor's Obligations Not Affected Clause in Contracts

Pledgor's Obligations Not Affected. The obligations of each Pledgor hereunder shall remain in full force and effect without regard to, and shall not be impaired by (a) any exercise or nonexercise, or any waiver, by the Administrative Agent or any Secured Party of any right, remedy, power or privilege under or in respect of any of the Obligations or any security thereof (including this Agreement); (b) any amendment to or modification of the Credit Agreement, any Note, the other Loan Documents or any of the Obligations; (c) any amendment to or modification of any instrument (other than this Agreement) securing any of the Obligations, including, without limitation, any of the Collateral Documents; or (d) the taking of additional security for, or any other assurances of payment of, any of the Obligations or the release or discharge or termination of any security or other assurances of payment or performance for any of the Obligations; whether or not such Pledgor shall have notice or knowledge of any of the foregoing, such Pledgor hereby generally waiving all suretyship defenses to the extent applicable. Under no circumstances shall the Administrative Agent, any of the Secured Parties or any holder of any of the Obligations as such be deemed to be a shareholder, member, partner or other equity holder of any of the Issuers by virtue of the provisions of this Agreement unless expressly agreed to in writing by the Administrative Agent or such Lender or such holder.

Appears in 4 contracts

Samples: Credit Agreement (Harris Interactive Inc), Credit Agreement (Harris Interactive Inc), Credit Agreement (Harris Interactive Inc)

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Pledgor's Obligations Not Affected. The obligations of each the Pledgor hereunder shall remain in full force and effect without regard to, and shall not be impaired by (a) any insolvency, bankruptcy, arrangement of or involving the Pledgor; (b) any exercise or nonexercisenon-exercise, or any waiver, by the Administrative Agent or any Secured Party Pledgee of any right, remedy, power or privilege under or in respect of any of the Obligations or any security thereof therefor (including this Agreement); (bc) any amendment to or modification waiver of any of the Credit Agreement, any Note, terms of the other Loan Documents Agreement or any of the Obligations; (cd) any amendment to or modification waiver of any of the terms of any instrument (other than this Agreement) securing any of the Obligations, including, without limitation, any of the Collateral Documents; Obligations or (de) the taking of additional security for, for or any other assurances guaranty of payment of, any of the Obligations or the release or discharge or termination of any security or other assurances of payment or performance guaranty for any of the Obligations; whether or not such the Pledgor shall have notice or knowledge of any of the foregoing, such Pledgor hereby generally waiving all suretyship defenses to the extent applicable. Under no circumstances shall the Administrative Agent, any of the Secured Parties or any holder of any of the Obligations as such be deemed to be a shareholder, member, partner or other equity holder of any of the Issuers by virtue of the provisions of this Agreement unless expressly agreed to in writing by the Administrative Agent or such Lender or such holder.

Appears in 2 contracts

Samples: Stock Pledge Agreement (National Investment Managers Inc.), Stock Pledge Agreement (National Investment Managers Inc.)

Pledgor's Obligations Not Affected. The obligations of each Pledgor hereunder shall remain in full force and effect without regard to, and shall not be impaired by (a) any exercise or nonexercise, or any waiver, by the Administrative Agent or any Secured Party Lender of any right, remedy, power or privilege under or in respect of any of the Obligations or any security thereof (including this Agreement); (b) any amendment to or modification of the Credit Agreement, any Note, the other Loan Documents or any of the Obligations; (c) any amendment to or modification of any instrument (other than this Agreement) securing any of the Obligations, including, without limitation, any of the Collateral Documents; or (d) the taking of additional security for, or any other assurances of payment of, any of the Obligations or the release or discharge or termination of any security or other assurances of payment or performance for any of the Obligations; whether or not such Pledgor shall have notice or knowledge of any of the foregoing, such Pledgor hereby generally waiving all suretyship defenses to the extent applicable. Under no circumstances shall the Administrative Agent, any of the Secured Parties Lenders or any holder of any of the Obligations as such be deemed to be a shareholder, member, partner or other equity holder of any of the Issuers Subsidiaries by virtue of the provisions of this Agreement unless expressly agreed to in writing by the Administrative Agent or such Lender or such holder.

Appears in 2 contracts

Samples: Credit Agreement (Harris Interactive Inc), Master Securities Pledge Agreement (Harris Interactive Inc)

Pledgor's Obligations Not Affected. The obligations of each Pledgor hereunder shall remain in full force and effect without regard to, and shall not be impaired by (ai) any bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation or the like of any Pledgor, to the extent permitted by law; (ii) any exercise or nonexercise, or any waiver, by the Administrative Agent or any Secured Party Lender of any right, remedy, power or privilege under or in respect of any of the Obligations or any security thereof (including this Agreement); (biii) any amendment to or modification of any of the Credit Agreement, any Note, the other Loan Documents Documents, or any of the Obligations; (civ) any amendment to or modification of any instrument (other than this Agreement) securing any of the Obligations, including, without limitation, any of the Collateral Security Documents; or (dv) the taking of additional security for, or any other assurances of payment of, any of the Obligations or the release or discharge or termination of any security or other assurances of payment or performance for any of the Obligations; whether or not such Pledgor the Pledgors shall have notice or knowledge of any of the foregoing, such Pledgor the Pledgors hereby generally waiving all suretyship defenses to the extent applicable. Under no circumstances shall the Administrative Agent, any of the Secured Parties or any holder of any of the Obligations as such be deemed to be a shareholder, member, partner or other equity holder of any of the Issuers by virtue of the provisions of this Agreement unless expressly agreed to in writing by the Administrative Agent or such Lender or such holder.

Appears in 1 contract

Samples: Securities Pledge Agreement (EPL Intermediate, Inc.)

Pledgor's Obligations Not Affected. The obligations of each Pledgor hereunder shall remain in full force and effect without regard to, and shall not be impaired by (a) any exercise or nonexercise, or any waiver, by the Administrative Agent or any Secured Party Bank of any right, remedy, power or privilege under or in respect of any of the Obligations or any security thereof (including this Agreement); (b) any amendment to or modification of the Credit Loan Agreement, any Note, the other Loan Documents or any of the Obligations; (c) any amendment to or modification of any instrument (other than this Agreement) securing any of the Obligations, including, without limitation, any of pledge agreement, security agreement or other collateral document delivered under or in connection with the Collateral DocumentsLoan Agreement; or (d) the taking of additional security for, or any other assurances of payment of, any of the Obligations or the release or discharge or termination of any security or other assurances of payment or performance for any of the Obligations; whether or not such Pledgor shall have notice or knowledge of any of the foregoing, such Pledgor hereby generally waiving all suretyship defenses to the extent applicable. Under no circumstances shall the Administrative Agent, any of the Secured Parties or any holder of any of the Obligations as such Bank be deemed to be a shareholder, member, partner member or other equity holder of any of the Issuers Subsidiaries by virtue of the provisions of this Agreement unless expressly agreed to in writing by the Administrative Agent or such Lender or such holderBank.

Appears in 1 contract

Samples: Securities Pledge Agreement (Ultra Clean Holdings Inc)

Pledgor's Obligations Not Affected. The To the extent permitted by Applicable Law, the obligations of each Pledgor hereunder shall remain in full force and effect without regard to, and shall not be impaired by (ai) any bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation or the like of Pledgor, the Borrower or any other obligor of the Secured Obligations; (ii) any exercise or nonexercise, or any waiver, by the Administrative Agent or any Secured Party of any right, remedy, power or privilege under or in respect of any of the Secured Obligations or any security thereof (including this Pledge Agreement); (biii) any amendment to or modification or waiver of any provision of the Credit Loan Agreement, any Note, the other Loan Documents Notes or any of the Obligationsother Loan Documents; (civ) any amendment to or modification of any instrument (other than this Pledge Agreement) securing any of the Secured Obligations, including, without limitation, any of the Collateral Loan Documents; or (dv) the taking of additional security for, or any other assurances of payment of, any of the Secured Obligations or the modification, release or discharge or termination of any security or other assurances assurance of payment or performance for any of the Secured Obligations; , all whether or not such Pledgor shall have notice or knowledge of any of the foregoing, such Pledgor hereby generally waiving all suretyship defenses to the extent applicable. Under no circumstances shall the Administrative Agent, any of the Secured Parties or any holder of any of the Obligations as such be deemed to be a shareholder, member, partner or other equity holder of any of the Issuers by virtue of the provisions of this Agreement unless expressly agreed to in writing by the Administrative Agent or such Lender or such holder.

Appears in 1 contract

Samples: Membership Interest Pledge Agreement (Shenandoah Telecommunications Co/Va/)

Pledgor's Obligations Not Affected. The obligations of each the Pledgor hereunder shall remain in full force and effect without regard to, and shall not be impaired by by, (a) any exercise or nonexercise, or any waiver, by the Administrative Agent or any Secured Party and/or the Lenders of any right, remedy, power or privilege under or in respect of any of the Obligations or any collateral security thereof therefor (including this Pledge Agreement); (b) any amendment to or modification of the Credit Agreement, Loan Arrangements and/or any Noteother agreement among the Pledgor, the Agent and the Lenders, or any of the other Loan Documents documents, agreements or instruments now existing or hereafter arising relating thereto or any of the Obligations; (c) any amendment to or modification of any instrument (other than this Pledge Agreement) securing any of the Obligations, including, without limitation, any of the Collateral Documents; or (d) the taking of additional security for, or any other assurances of payment of, any of the Obligations or the release or discharge or termination of any security or other assurances of payment or performance for any of the Obligations; whether or not such the Pledgor shall have notice or knowledge of any of the foregoing, such Pledgor hereby generally waiving all suretyship defenses to the extent applicable. Under no circumstances shall the Administrative Agent, any of the Secured Parties or any holder of any of the Obligations as such be deemed to be a shareholder, member, partner or other equity holder of any of the Issuers by virtue of the provisions of this Agreement unless expressly agreed to in writing by the Administrative Agent or such Lender or such holder.

Appears in 1 contract

Samples: Pledge and Security Agreement (Vringo Inc)

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Pledgor's Obligations Not Affected. The To the extent permitted by Applicable Law, the obligations of each Pledgor hereunder shall remain in full force and effect without regard to, and shall not be impaired by (ai) any bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation or the like of Pledgor, the Pledgor or any other obligor of the Secured Obligations; (ii) any exercise or nonexercise, or any waiver, by the Administrative Agent or any Secured Party of any right, remedy, power or privilege under or in respect of any of the Secured Obligations or any security thereof (including this Pledge Agreement); (biii) any amendment to or modification or waiver of any provision of the Credit Loan Agreement, any Note, the other Loan Documents Notes or any of the Obligationsother Loan Documents; (civ) any amendment to or modification of any instrument (other than this Pledge Agreement) securing any of the Secured Obligations, including, without limitation, any of the Collateral Loan Documents; or (dv) the taking of additional security for, or any other assurances of payment of, any of the Secured Obligations or the modification, release or discharge or termination of any security or other assurances assurance of payment or performance for any of the Secured Obligations; , all whether or not such Pledgor shall have notice or knowledge of any of the foregoing, such Pledgor hereby generally waiving all suretyship defenses to the extent applicable. Under no circumstances shall the Administrative Agent, any of the Secured Parties or any holder of any of the Obligations as such be deemed to be a shareholder, member, partner or other equity holder of any of the Issuers by virtue of the provisions of this Agreement unless expressly agreed to in writing by the Administrative Agent or such Lender or such holder.

Appears in 1 contract

Samples: Membership Interest Pledge Agreement (Shenandoah Telecommunications Co/Va/)

Pledgor's Obligations Not Affected. The obligations of each the Pledgor and the Holding Company hereunder shall remain in full force and effect without regard to, and shall not be impaired by (whether or not the Pledgor shall have notice or knowledge of any of the following): (a) any exercise or nonexercise, or any waiver, by the Administrative Agent or any Secured Party of any right, remedy, power power, or privilege under or in respect of any of the Obligations Obligations, or any security thereof (including this Agreement); (b) any amendment to or modification of the Credit Agreement, any Note, the other Loan Transaction Documents or any of the Obligations; (c) any amendment to or modification of any instrument (other than this Agreement) securing any of the Obligations, including, without limitation, any of the Collateral Documents; or (d) the taking of additional security for, or any other assurances of payment of, any of the Obligations or the release or discharge or of termination of any security or other assurances of payment or performance for any of the Obligations; whether or not such Pledgor shall have notice or knowledge of any of the foregoing, such . The Pledgor hereby generally waiving waives all suretyship defenses to the extent applicable. Under no circumstances shall the Administrative Agent, any of the Secured Parties or any holder of any of the Obligations as such Party be deemed to be a shareholder, member, partner partner, or other equity holder of any of the Issuers Holding Company or the Pledgor by virtue of the provisions of this Agreement unless expressly agreed to in writing by the Administrative Agent or such Lender or such holderAgreement.

Appears in 1 contract

Samples: Stock Pledge Agreement (Sagebrush Gold Ltd.)

Pledgor's Obligations Not Affected. The obligations of each Pledgor hereunder shall remain in full force and effect without regard to, and shall not be impaired by (a) any exercise or nonexercise, or any waiver, by the Administrative Collateral Agent or any Secured Party Holder of any right, remedy, power or privilege under or in respect of any of the Obligations or any security thereof (including this Agreement); (b) any amendment to or modification of the Credit Purchase Agreement, any Note, the other Loan Documents Financing Agreements or any of the Obligations; (c) any amendment to or modification of any instrument (other than this Agreement) securing any of the Obligations, including, without limitation, any of the Collateral Security Documents; or (d) the taking of additional security for, or any other assurances of payment of, any of the Obligations or the release or discharge or termination of any security or other assurances of payment or performance for any of the Obligations; whether or not such Pledgor shall have notice or knowledge of any of the foregoing, such Pledgor hereby generally waiving all suretyship defenses to the extent applicable. Under no circumstances shall the Administrative Agent, any of the Secured Parties or any holder of any of the Obligations as such Collateral Agent be deemed to be a shareholder, member, partner member or other equity holder of any of the Issuers Subsidiaries by virtue of the provisions of this Agreement unless expressly agreed to in writing by the Administrative Agent or such Lender or such holderCollateral Agent.

Appears in 1 contract

Samples: Securities Pledge Agreement (National Investment Managers Inc.)

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