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.
Appears in 9 contracts
Samples: Security Agreement (Allied Corp.), Security Agreement (Allied Corp.), Security Agreement (Allied Corp.)
Preservation of Liability. Neither this Security 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 person liable on the Secured Obligations Indebtedness from liability on the Secured Obligations Indebtedness and for any deficiency thereon.
Appears in 3 contracts
Samples: Loan Agreement (Chesapeake Energy Corp), Loan Agreement (Fleming Companies Inc /Ok/), Loan Agreement (Chesapeake Energy Corp)
Preservation of Liability. Neither this Security 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 will be construed as relieving any Person person liable on the Secured Obligations Indebtedness from liability on the Secured Obligations Indebtedness and for any deficiency thereon.
Appears in 3 contracts
Samples: Security Agreement (Shumate Industries Inc), Security Agreement (Seven Seas Petroleum Inc), Loan Agreement (Seven Seas Petroleum Inc)
Preservation of Liability. Neither this Security Agreement nor the exercise by Secured Party of (or the any failure to so exercise) of any right, power or remedy conferred herein or by law shall be construed as relieving any Person liable on the Secured Obligations Other Liable Party from full liability on the Secured Obligations and for any deficiency thereon.
Appears in 2 contracts
Samples: Security Agreement (Vincera, Inc.), Security Agreement (Vincera, Inc.)
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 person or entity liable on the Secured Obligations from liability on the Secured Obligations and or for any deficiency thereon.
Appears in 2 contracts
Samples: Security Agreement (Reef Oil & Gas Drilling & Income Fund, L.P.), Security Agreement (Reef Oil & Gas Income & Development Fund III LP)
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.
Appears in 2 contracts
Samples: Security Agreement (Stratum Holdings, Inc.), Security Agreement (EnerJex Resources, Inc.)
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 Pledgor from full liability on the Secured Obligations Indebtedness and for any deficiency thereon.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Enviro Clean of America Inc), Pledge and Security Agreement (Enviro Clean of America Inc)
Preservation of Liability. Neither this Security Agreement nor the exercise by Secured Party of (or the any 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 Indebtedness from full liability on the Secured Obligations Indebtedness and for any deficiency thereon.
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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 person or entity liable on the Secured Obligations from liability on the Secured Obligations and for any deficiency thereon.
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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 right conferred herein or by law shall be construed as relieving any Person person or entity liable on the Secured Obligations from liability on the Secured Obligations and for any deficiency thereon.
Appears in 1 contract
Preservation of Liability. Neither this Security Agreement nor the exercise by Secured Party the Lender of (or the failure to so exercise) any right, power power, or remedy conferred herein or by law shall be construed as relieving the Pledgor or any Person liable on the Secured Obligations Other Liable Party from full liability on the Secured Obligations thereon and for any deficiency thereon.
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Preservation of Liability. Neither this Security Agreement -------------------------- nor the exercise by Secured Party of (or the any failure to so exercise) of any right, power or remedy conferred herein or by law shall be construed as relieving any Person liable on the Secured Obligations Indebtedness from full liability on the Secured Obligations Indebtedness and for any deficiency thereon.
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Preservation of Liability. Neither this Security 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 will be construed as relieving any Person person liable on the Secured Obligations Indebted-ness from liability on the Secured Obligations Indebtedness and for any deficiency thereon.
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Preservation of Liability. Neither this Security 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 person liable on the Secured Obligations from full liability on the Secured Obligations and for any deficiency thereon.
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Preservation of Liability. Neither this Security Agreement nor the exercise by Secured Party of (or the any failure to so exercise) of any right, power or remedy conferred herein or by law shall be construed as relieving any Person liable on the Secured Obligations Indebtedness from full liability on the Secured Obligations Indebtedness and for any deficiency thereon.
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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 person or entity liable on the Secured Obligations (whether directly or by guaranty or otherwise) from liability on the Secured Obligations and for any deficiency thereon. Further, all covenants, agreements, representations, and warranties made and agreed to by Pledgor in this Security Agreement are made jointly and severally, whether or not specifically described herein.
Appears in 1 contract
Samples: Security Agreement (Adtran Inc)
Preservation of Liability. Neither this Security Agreement nor the exercise by Secured Party Party, for the ratable benefit of Banks, of (or the failure to so exercise) any right, power or remedy right conferred herein or by law shall be construed as relieving any Person person or entity liable on the Secured Obligations from liability on the Secured Obligations and for any deficiency thereon.
Appears in 1 contract
Samples: Security Agreement (Egl Inc)
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 Debtor from liability on the Secured Obligations Indebtedness and for any deficiency thereon.
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