Preservation of Liability Sample Clauses

Preservation of Liability. Neither this Security Agreement nor the exercise by Secured Party of (or the failure to so exercise) any right, power or remedy conferred herein or by law shall be construed as relieving any Person liable on the Secured Obligations from liability on the Secured Obligations and for any deficiency thereon.

Preservation of Liability. Neither this Agreement nor the exercise by any Party of (or the failure to so exercise) any right, power or remedy conferred herein or by law shall be construed as relieving any Party from liability hereunder.

Preservation of Liability. 5.1 Rights given to us under this clause and your liabilities under it are not affected by any act or omission by us or anything else that might otherwise affect them under law or otherwise, including: a. any inaccuracy, insufficiency, forgery or alteration in any certificate, bank guarantee or other document which purports to be made, issued or delivered under this facility agreement or under any bank guarantee; b. the fact that we release you (or another person) or give you or them a concession, such as more time to pay, or compound or compromise with them (whether or not an additional burden is imposed at the same time); c. laches, acquiescence, delay, acts, omissions or mistakes on our part or the part of another person; or d. the fact that the obligations of any person other than you may not be enforceable.

Preservation of Liability. Neither this Security Agreement nor the exercise by the Lender of (or the failure to so exercise) any right, power, or remedy conferred herein or by law shall be construed as relieving the Pledgor or any Other Liable Party from full liability thereon and for any deficiency thereon.

Preservation of Liability. 18 Section 6.03 Notices....................................18 Section 6.04 Construction...............................18 Section 6.05

Preservation of Liability. No failure on the part of the Secured Party to exercise, and no delay in exercising, any right hereunder or under the Term Note, the Loan Agreement or the other Loan Documents shall operate as a waiver thereof, nor shall any single or partial exercise of any such right preclude any other or further exercise thereof or the exercise of any other right.

Preservation of Liability. Guarantors jointly and severally agree ------------------------- that should Bank repay (either by reason of court order or judgment or in settlement of a controversy) to Borrower or the estate or trustee of Borrower or to Borrower as debtor-in-possession, any sum previously received by Bank in respect of any Bank Liabilities, as a result of a claim of a voidable preference or fraudulent transfer or otherwise, then Guarantors shall immediately reimburse Bank for the sum so repaid, with interest on such sum from the date Bank makes such payment until paid in full at the Default Rate specified in Exhibit 2.02, attached hereto, and, if and to the ------------ extent not prohibited by applicable law, any and all expenses (including but not limited to reasonable attorneys' fees and expenses) incurred by Bank in enforcing such reimbursement and in resisting such repayment.

Preservation of Liability. 10 6.9 Notices and Other Communications.................................................................. 10 6.10 Parties in Interest............................................................................... 10 6.11

Preservation of Liability. Neither this Stock Pledge Agreement nor the exercise by Secured Party of (or the failure to so exercise) any right, power or remedy conferred herein or by law shall be construed as relieving any Person liable on the Obligations from liability on the Obligations and for any deficiency thereon.

Preservation of Liability. Neither this Agreement, nor the exercise by the Secured Party of (or the failure to so exercise) any right, power or remedy conferred herein, or by law, shall be construed as relieving any person liable under this Agreement or on the Obligations from full liability under such instruments or on the Obligations and for any deficiency thereon.