Responsibility for Collateral. Each Debtor assumes all liabilities and responsibility in connection with all Collateral, and the obligations of such Debtor hereunder, under the Debentures or under the Security Agreement shall in no way be affected or diminished by reason of the loss, destruction, damage or theft of any of the Collateral or its unavailability for any reason.
Appears in 2 contracts
Samples: Intellectual Property Security Agreement (Visual Networks Inc), Intellectual Property Security Agreement (Arotech Corp)
Responsibility for Collateral. Each Debtor assumes all liabilities and responsibility in connection with all Collateral, and the obligations of such Debtor hereunder, under the Debentures or under the IP Security Agreement shall in no way be affected or diminished by reason of the loss, destruction, damage or theft of any of the Collateral or its unavailability for any reason.
Appears in 2 contracts
Samples: Security Agreement (Visual Networks Inc), Security Agreement (Arotech Corp)
Responsibility for Collateral. Each Debtor assumes all liabilities and responsibility in connection with all Collateral, and the obligations of such Debtor hereunder, under the Debentures Securities or under the Security Agreement shall in no way be affected or diminished by reason of the loss, destruction, damage or theft of any of the Collateral or its unavailability for any reason.
Appears in 1 contract
Samples: Intellectual Property Security Agreement (Arotech Corp)
Responsibility for Collateral. Each Debtor assumes all --------------------------------- liabilities and responsibility in connection with all Collateral, and the obligations of such Debtor hereunder, the Debtors hereunder or under the Debentures or under the Security Agreement shall in no way be affected or diminished by reason of the loss, destruction, damage or theft of any of the Collateral or its unavailability for any reason.
Appears in 1 contract
Samples: Security Agreement (Achievement Tech Holdings Inc /Id/)
Responsibility for Collateral. Each Debtor assumes Borrowers assume all liabilities and responsibility in connection with all Collateral, and the obligations of such Debtor Borrowers hereunder, under the Debentures or Notes and under the Security Agreement other Loan Documents, shall in no way be affected or diminished by reason of the loss, destruction, damage or theft of any of the Collateral or its unavailability for any reason.
Appears in 1 contract
Samples: Credit Agreement (Akorn Inc)