Common use of Continued Liability Clause in Contracts

Continued Liability. Notwithstanding the assumption by WNR of the Indebtedness of Weyerhaeuser pursuant to Section 1(b), as between Weyerhaeuser and the holders of the Indebtedness, Weyerhaeuser shall continue to be the primary obligor with respect to the Indebtedness and Weyerhaeuser shall not be released from its obligations under the Indebtedness as a result of this Agreement. In no event shall this Agreement be construed to constitute an assignment or transfer of any of the rights or obligations of Weyerhaeuser under the Loan Documents.

Continued Liability. Notwithstanding the assumption by WNR Obligor of the Indebtedness of Weyerhaeuser pursuant to Section 1(b1(a), as between Weyerhaeuser and the holders of the Indebtedness, Weyerhaeuser shall continue to be the primary obligor with respect to the Indebtedness and Weyerhaeuser shall not be released from its obligations under the Indebtedness as a result of this Agreement. In no event shall this Agreement be construed to constitute an assignment or transfer of any of the rights or obligations of Weyerhaeuser under the Loan Documents.