Common use of Secured Obligations Unconditional Clause in Contracts

Secured Obligations Unconditional. All rights and interests of the Secured Parties hereunder, and all agreements and obligations of the Secured Parties (and, to the extent applicable, the Grantors) hereunder, shall remain in full force and effect irrespective of:

Appears in 4 contracts

Samples: Collateral Agency and Intercreditor Agreement (FS Energy & Power Fund), Collateral Agency and Intercreditor Agreement (American Capital, LTD), Collateral Trust Agreement (YRC Worldwide Inc.)

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Secured Obligations Unconditional. All rights and interests of the Secured Parties hereunder, and all agreements and obligations of the Secured Parties (and, to the extent applicable, the GrantorsLoan Parties) hereunder, shall remain in full force and effect irrespective of:

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Mirant North America, LLC)

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