Suits for Obligations Clause Samples

Suits for Obligations. Nothing in this Section 7.4, in any other provision of this Agreement or in any of the Transaction Documents shall affect or impair the right of the Secured Parties to enforce against any Obligor after the occurrence and during the continuance of an Event of Default, any obligation to pay principal, interest, make-whole amount, fees and any other amounts under (and in accordance with the terms of) the Transaction Documents to which such Obligor is a party, and any other obligations thereunder, and to accept and retain payment in respect of any such obligations or to enforce against any other Obligor of such obligations any right to have such Obligor make such payment and to accept and retain payment from such obligor in respect of any such obligations, provided that none of the Notes shall be declared immediately due and payable except in accordance with Section 12 of the Note Purchase and Participation Agreement and nothing in this sentence shall affect, limit, impair or reduce the requirements of Section 7.5, Section 7.8 or Section 4 herein with respect to the disposition of, and sharing of, Collateral and proceeds of Collateral received by a Secured Party or paid to a Secured Party by any Obligor or any other obligor. Nothing in this Section 7.4, in any other provision of this Agreement or in any of the Transaction Documents shall affect or impair the obligation of any Guarantor under the Note Purchase and Participation Agreement or any other guarantor with respect to any guaranty that may be issued in respect of all or any of the Secured Obligations, whether such guaranty is to pay the indebtedness relating to the Secured Obligations or to satisfy each other undertaking with respect thereto.
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Related to Suits for Obligations

  • Security for Obligations This Agreement secures, and the Collateral is collateral security for, the prompt and complete payment or performance in full when due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including the payment of amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. §362(a) (and any successor provision thereof)), of all Obligations with respect to every Grantor (the “Secured Obligations”).

  • Obligations of Trust The Trust shall have the following obligations under this Agreement: (a) to keep JCM continuously and fully informed as to the composition of its investment portfolio and the nature of all of its assets and liabilities from time to time; (b) to furnish JCM with a certified copy of any financial statement or report prepared for it by certified or independent public accountants and with copies of any financial statements or reports made to its shareholders or to any governmental body or securities exchange; (c) to furnish JCM with any further materials or information which JCM may reasonably request to enable it to perform its function under this Agreement; and (d) to compensate JCM for its services and reimburse JCM for its expenses incurred hereunder in accordance with the provisions hereof.

  • CERTAIN OBLIGATIONS OF HOLDERS AND BENEFICIAL OWNERS OF ADSs

  • Surety Obligations No Borrower or Subsidiary is obligated as surety or indemnitor under any bond or other contract that assures payment or performance of any obligation of any Person, except as permitted hereunder.

  • Company to Reaffirm Obligations The Company will, at the time of each exercise of this Warrant, upon the written request of the Holder hereof, acknowledge in writing its continuing obligation to afford to the Holder all rights (including without limitation any rights to registration of the shares of Common Stock issued upon exercise) to which the Holder shall continue to be entitled after exercise in accordance with the terms of this Warrant; provided, however, that if the Holder shall fail to make a request, the failure shall not affect the continuing obligation of the Company to afford the rights to such Holder.