Common use of Survival of Obligations Upon Termination of Agreement Clause in Contracts

Survival of Obligations Upon Termination of Agreement. Except as otherwise expressly provided for in this Agreement and in the Ancillary Agreements, no termination or cancellation (regardless of cause or procedure) of this Agreement or the Ancillary Agreements shall in any way affect or impair the powers, obligations, duties, rights, and liabilities of Borrowers or Agent or any Lender in any way with respect to (i) any transaction or event occurring prior to such termination or cancellation, (ii) the Collateral, or (iii) any of the undertakings, agreements, covenants, warranties and representations of Borrowers or Agent or any Lender contained in this Agreement or the Ancillary Agreements. All such undertakings, agreements, covenants, warranties and representations shall survive such termination or cancellation.

Appears in 3 contracts

Samples: Loan and Security Agreement (Cmgi Inc), Loan and Security Agreement (Cmgi Inc), Loan and Security Agreement (Cmgi Inc)

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Survival of Obligations Upon Termination of Agreement. Except as otherwise expressly provided for in this Agreement and in the Ancillary Agreementsother agreements, no termination or cancellation (regardless of cause or procedure) of this Agreement or the Ancillary Agreements other agreements shall in any way affect or impair the powers, obligations, duties, rights, rights and liabilities Liabilities of Borrowers CLIENT or Agent PURCHASER in anyway or any Lender in any way with respect to relating to: (ia) any Any transaction or event occurring prior to such termination or cancellation, ; (iib) the The Collateral, or ; and/or (iiic) any Any of the undertakings, agreements, covenants, warranties and representations of Borrowers CLIENT or Agent or any Lender PURCHASER contained in this Agreement or the Ancillary Agreementsother agreements. All such undertakings, agreements, covenants, warranties and representations shall survive such termination or cancellation.

Appears in 1 contract

Samples: Purchasing Agreement (Royal Spring Water Inc)

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