Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding, (a) Grantor shall remain liable under any contracts and agreements included in the Collateral, to the extent set forth therein, to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 7 contracts
Sources: Trademark Security Agreement (Sandhills Inc), Trademark Security Agreement (Sandhills Inc), Trademark Security Agreement (Diamond Brands Operating Corp)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,:
(a) Grantor shall remain liable under any the contracts and agreements included in the Collateral, Collateral to the extent set forth therein, to and shall perform all of its duties and obligations thereunder under such contracts and agreements to the same extent as if this Security Agreement had not been executed, ;
(b) the exercise by Secured Party Agent of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the any such contracts and or agreements included in the Collateral, and ; and
(c) Secured neither Agent nor any other Lender Party shall not have any obligation or liability under any such contracts and or agreements included in the Collateral by reason of this Security Agreement, nor shall Secured Agent or any other Lender Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 6 contracts
Sources: Security Agreement (Lancer Corp /Tx/), Security Agreement (Packaged Ice Inc), Security Agreement (Packaged Ice Inc)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
, (a) the Grantor shall remain liable under any contracts the Accounts, Chattel Paper, General Intangibles and agreements other items included in the Collateral, Collateral to the extent set forth therein, therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by the Secured Party of any of its the rights hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements any items included in the Collateral, and (c) the Secured Party shall not have any no obligation or liability under any contracts Accounts, Chattel Paper, General Intangibles and agreements other items included in the Collateral by reason of this Agreement, nor shall the Secured Party be obligated to perform any of the obligations or duties of the Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 5 contracts
Sources: Security Agreement (Reuter Manufacturing Inc), Security Agreement (Reuter Manufacturing Inc), Security Agreement (Buca Inc /Mn)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
, in the absence of the Secured Party's express prior written consent thereto, (a) the Grantor shall remain liable under any and all contracts and agreements included in the Collateral, Collateral to the extent set forth therein, therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by the Secured Party of any of its the rights hereunder shall not release the Grantor from any of its duties or obligations under the any contracts and agreements included in the Collateral, and (c) the Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Secured Party be obligated to perform any of the obligations or duties of the Grantor thereunder under any such contract or agreement or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 4 contracts
Sources: Security Agreement (C.O.R.E. (USA) Community-Oriented Resource Environment, Inc.), Security Agreement (Analytical Surveys Inc), Security Agreement (Analytical Surveys Inc)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
, (a) each Grantor shall remain liable under any contracts and agreements included in the Collateral, to the extent set forth therein, to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by Secured Party of any of its rights hereunder shall not release such Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of any Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 2 contracts
Sources: Subsidiary Security Agreement (Zilog Inc), Subsidiary Security Agreement (Zilog Inc)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
, (a) Grantor shall remain liable under any all contracts and agreements included in the Collateral, to the extent set forth therein, to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements any contract or agreement included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements contract or agreement included in the Collateral by reason of this Agreement, nor shall Agreement or the grant to Secured Party of any security interest in such contract or agreement, and (d) Secured Party shall not be obligated to perform any of the obligations or duties of Grantor thereunder under any contract or agreement included in the Collateral or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 2 contracts
Sources: Credit Agreement (Usi Holdings Corp), Pledge and Security Agreement (Flashnet Communications Inc)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
, (a) Grantor the Grantors shall remain liable under any the contracts and agreements included in the Collateral, Collateral to the extent set forth therein, therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by Secured Party the Administrative Lender of any of its the rights hereunder shall not release any Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) neither the Administrative Lender nor any other Secured Party shall not have any obligation or liability under any the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Administrative Lender or any other Secured Party be obligated to perform any of the obligations or duties of any Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 2 contracts
Sources: Credit Agreement (Compusa Inc), Security Agreement (Compusa Inc)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
(a) Grantor shall remain liable under any contracts and agreements included in the Collateral, to the extent set forth therein, to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) except as provided in Section 13, Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 2 contracts
Sources: Patent and Copyright Collateral Security Agreement (Afc Enterprises Inc), Trademark Collateral Security Agreement (Afc Enterprises Inc)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
, (a) Grantor shall remain liable under any contracts and agreements included in the Collateral, to the extent set forth therein, to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder. 370 SECTION 4.
Appears in 1 contract
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
, (ai) Grantor shall remain liable under any contracts and agreements included in the Collateral, to the extent set forth therein, to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (bii) the exercise by Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (ciii) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Sources: Asset Purchase Agreement (Gentner Communications Corp)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,:
(a) Grantor shall remain liable under any the contracts and agreements included in the Collateral, Collateral to the extent set forth therein, to and shall perform all of its duties and obligations thereunder under such contracts and agreements to the same extent as if this Security Agreement had not been executed, ;
(b) the exercise by Secured Party Agent of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the any such contracts and or agreements included in the Collateral, and ; and
(c) Secured neither Agent nor any other Lender Party shall not have any obligation or liability under any such contracts and or agreements included in the Collateral by reason of this Security Agreement, nor shall Secured Agent or any other Lender Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.. STPI SECURITY AGREEMENT 6 7 ARTICLE III
Appears in 1 contract
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
, (a) each Grantor shall remain liable under any contracts and agreements included in the Collateral, to the extent set forth therein, to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by Secured Party of any of its rights hereunder shall not release any Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of any Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Sources: Patent and Trademark Security Agreement (Zilog Inc)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
(a) the Grantor shall remain liable under any the contracts and agreements included in the Collateral, Collateral to the extent set forth therein, to and shall perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, under such contracts and agreements,
(b) the exercise by Secured Party the Collateral Agent of any of its rights hereunder shall not release the Grantor from any of its duties or obligations under the any such contracts and or agreements included in the Collateral, and and
(c) neither the Collateral Agent nor any other Secured Party shall not have any obligation or liability under any such contracts and or agreements included in the Collateral by reason of this Security Agreement, nor shall the Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of the Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
, (a) the Grantor shall remain liable under any the contracts and agreements included in the Collateral, Collateral to the extent set forth therein, therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by the Secured Party of any of its the rights hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, Collateral and (c) the Secured Party shall not have any obligation or liability under any the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Secured Party be obligated to perform any of the obligations or duties of the Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
(a) Grantor shall remain liable under any contracts and agreements included in the Collateral, to the extent set forth therein, to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this AgreementAgreement or otherwise, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
, (a) Grantor shall remain liable under any the contracts and agreements included in the Collateral, Collateral to the extent set forth therein, therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, ; (b) the exercise by any Secured Party of any of its the rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, ; and (c) no Secured Party shall not have any obligation or liability under any the contracts and agreements included in the Collateral by reason of this Agreement, nor shall any Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,contrary
(a) Grantor shall remain liable under any contracts and agreements included in the Collateral, to the extent set forth therein, to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by Secured Party of any of its rights hereunder shall not release Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) Secured Party shall not have any obligation or liability under any contracts and agreements included in the Collateral by reason of this Agreement, nor shall Secured Party be obligated to perform any of the obligations or duties of Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Sources: Security Agreement (Ditech Corp)
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
, (a) the Grantor shall remain liable under any the contracts and agreements included in the Collateral, Collateral to the extent set forth therein, therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by Secured Party the Security Trustee of any of its rights hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, Collateral and (c) no Secured Party shall not have any obligation or liability under any the contracts and agreements included in the Collateral by reason of this Agreement, nor shall any Secured Party be obligated to perform any of the obligations or duties of the Grantor thereunder under the contracts and agreements included in the Collateral or to take any action to collect or enforce any claim for payment assigned hereunderunder this Agreement.
Appears in 1 contract
Grantor Remains Liable. Anything contained herein to the ---------------------- contrary notwithstanding,
(a) the Grantor shall remain liable under any the contracts and agreements included in the Collateral, Collateral to the extent set forth therein, to and shall perform all of its duties and obligations thereunder under such contracts and agreements to the same extent as if this Security Agreement had not been executed, ,
(b) the exercise by Secured Party the Agent of any of its rights hereunder shall not release the Grantor from any of its duties or obligations under the any such contracts and or agreements included in the Collateral, and and
(c) Secured neither the Agent nor any other Lender Party shall not have any obligation or liability under any such contracts and or agreements included in the Collateral by reason of this Security Agreement, nor shall Secured the Agent or any other Lender Party be obligated to perform any of the obligations or duties of the Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Sources: Security Agreement (Aristotle Corp)