Grantor Remains Liable. Notwithstanding anything herein to the contrary: (a) the Grantor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all its duties and obligations thereunder to the same extent as if this Security Agreement had not been executed; (b) the exercise by the Lender of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and (c) the Lender shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Lender 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 3 contracts
Sources: Credit Agreement (Anthony Clark International Insurance Brokers LTD), General Security Agreement (Anthony Clark International Insurance Brokers LTD), Loan and Security Agreement (Anthony Clark International Insurance Brokers LTD)
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (a) the Grantor shall remain liable under the contracts and agreements included in the Grantor’s Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Security Agreement had not been executed;
, (b) the exercise by the Lender of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
Collateral and (c) the Lender shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this AgreementAgreement or any other Loan Document, nor shall the Lender 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 3 contracts
Sources: Security Agreement (Verity Corp.), Security Agreement (Verity Corp.), Security Agreement (Verity Corp.)
Grantor Remains Liable. Notwithstanding anything Anything contained herein to the contrary:
contrary notwithstanding, (a) the Grantor shall remain liable under the 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 Security Agreement had not been executed;
, (b) the exercise by the Lender Secured Party of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
, and (c) the Lender Secured Party shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Lender 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 3 contracts
Sources: Security Agreement (Phoenix Racing Inc), Loan and Security Agreement (Russell Corp), Security Agreement (Synthetic Industries Inc)
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (ai) the Grantor shall remain liable under the contracts Contracts and agreements included in the Collateral to the extent set forth therein to perform all its of the duties and obligations thereunder to the same extent as if this Security Agreement had not been executed;
, (bii) the exercise by the Lender Trustee or any holder of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts Contracts and agreements included in the Collateral; and
, and (ciii) the Lender Trustee shall not have any obligation or liability under the contracts Contracts and agreements included in the Collateral by reason of this Security Agreement, nor shall the Lender Trustee 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 3 contracts
Sources: Security Agreement (New Cf&i Inc), Security Agreement (New Cf&i Inc), Security Agreement (New Cf&i Inc)
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (a) the Grantor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all of its duties and obligations Obligations thereunder to the same extent as if this Security Agreement had not been executed;
, (b) the exercise by the Lender Collateral Agent of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations Obligations under the contracts and agreements included in the Collateral; and
Collateral and (c) the Lender no Secured Party shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this AgreementAgreement or any other Transaction Document, nor shall the Lender any Secured Party be obligated to perform any of the obligations Secured Obligations or duties of the any Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 2 contracts
Sources: Security Agreement (Applied Dna Sciences Inc), Securities Purchase Agreement (Applied Dna Sciences Inc)
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:contrary notwithstanding,
(a) the Grantor shall remain liable under the 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 Security Agreement had not been executed;
(b) the exercise by the Lender of any of the its rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
(c) the Lender shall not have any obligation or liability under the any such contracts and or agreements included in the Collateral by reason of this Security Agreement, nor shall the Lender 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 2 contracts
Sources: Security Agreement (Trace International Holdings Inc), Security Agreement (Trace International Holdings Inc)
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (a) each of the Grantor Grantors shall remain liable under the 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 Security Agreement had not been executed;
, (b) the exercise by the Lender Secured Parties of any of the rights or remedies hereunder shall not release either of the Grantor Grantors from any of its duties or obligations under the contracts and agreements included in the Collateral; and
, and (c) the Lender Secured Parties shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Lender Secured Parties be obligated to perform any of the obligations or duties of the Grantor Grantors thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Sources: Letter of Credit Reimbursement, Compensation and Security Agreement (Xplore Technologies Corp)
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (ai) the Grantor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth further therein to perform all of its duties and obligations thereunder to the same extent as if this Security Agreement had not been executed;
, (bii) the exercise by the Lender Secured Party of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
, and (ciii) the Lender shall not have any Secured Party has no obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Lender 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 Pledged hereunder.
Appears in 1 contract
Sources: Security Agreement (Findex Com Inc)
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (ai) the Grantor shall remain liable under the 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 Security Agreement had not been executed;
, (bii) the exercise by the Lender Secured Party of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
, and (ciii) the Lender shall not have any Secured Party has no obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Lender 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 Pledged hereunder.
Appears in 1 contract
Grantor Remains Liable. Notwithstanding anything herein to the contrary:
contrary contained herein, (a) the Grantor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all of its respective duties and obligations thereunder to the same extent as if this Security Agreement had not been executed;
, (b) the exercise by the Lender Secured Party of any of the its rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
, and (c) the Lender Secured Party shall not have any obligation obligations or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Lender Secured Party be obligated to perform any of the obligations 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: Pledge Agreement
Grantor Remains Liable. Notwithstanding anything Anything contained herein to the contrary:
contrary notwithstanding, (a) the Grantor shall remain liable under the contracts and agreements any Contracts included in the Collateral Intellectual Property Collateral, to the extent set forth therein therein, to perform all of its duties and obligations thereunder to the same extent as if this Security Agreement had not been executed;
, (b) the exercise by the Lender Secured Party of any of the its rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements Contracts included in the Intellectual Property Collateral; and
, and (c) the Lender Secured Party shall not have any obligation or liability under the contracts any Contracts and agreements licenses included in the Intellectual Property Collateral by reason of this Agreement, nor shall the Lender 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
Sources: Put/Call Agreement (Planetout Inc)
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (a) the Grantor shall remain liable under the contracts Contracts and agreements other items 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 Security Agreement had not been executed;
, (b) the exercise by the Lender Secured Party of any of the rights or remedies hereunder shall not release the Grantor from 3 any of its duties or obligations under the contracts Contracts and agreements other items included in the Collateral; and
, and (c) the Lender Secured Party shall not have any no obligation or liability under the contracts Contracts and agreements other items included in the Collateral by reason of this Agreement, nor shall the Lender 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. Notwithstanding anything herein or in any other document to the contrary:
, (ai) the Grantor shall remain liable under the contracts and agreements included in the Agreements Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Security Agreement had not been executed;
, (bii) the exercise by the Lender Collateral Agent of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts Agreements Collateral and agreements included in (iii) neither the Collateral; and
(c) the Lender Collateral Agent nor any holder of Secured Obligations shall not have any duty, obligation or liability under the contracts and agreements included in the Agreements Collateral by reason of this Security Agreement, nor shall the Lender Collateral Agent or any holder of Secured Obligations be obligated to perform any of the duties or 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 (Burlington Industries Inc /De/)
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (a) the Grantor shall remain liable under the 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 Security Agreement had not been executed;
, (b) the exercise by the Lender Secured Party of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
Collateral and (c) the Lender Secured Party shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this AgreementAgreement or any other Loan Document, nor shall the Lender 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. Notwithstanding anything Anything herein to the contrary:contrary notwithstanding
(a) the Grantor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to therein, 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 the Lender Beneficiary of any of the its rights or remedies 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
(c) the Lender Beneficiary shall not have any obligation or liability under the any such contracts and or agreements included in the Collateral by reason of this Security Agreement, nor shall the Lender Beneficiary 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. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (a) the Grantor shall remain liable under the 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 Security Agreement had not been executed;
, (b) the exercise by the Lender Investors of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
, and (c) the Lender Investors shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Lender Investors 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. Notwithstanding anything Anything herein to the contrary:contrary notwithstanding,
(a) the Grantor shall remain liable under the 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 Security Agreement had not been executed;
(b) the exercise by the Lender Secured Party of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
(c) the Lender Secured Party shall not have any obligation no obligations or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Lender 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. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (a) the Grantor shall remain liable under the 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 Security Agreement had not been executed;
, (b) the exercise by the Lender of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
Collateral and (c) the Lender shall have not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this AgreementAgreement or any other Loan Document, nor shall the Lender 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. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (ai) the each Grantor shall remain liable under the contracts and agreements included in the Intellectual Property Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Security Agreement had not been executed;
, (bii) the exercise by the Lender Collateral Agent of any of the rights or remedies hereunder shall not release the each Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
Intellectual Property Collateral and (ciii) the Lender shall not have any Collateral Agent has no obligation or liability under the contracts and agreements included in the Intellectual Property Collateral by reason of this Agreement, nor shall the Lender Collateral Agent be obligated to perform any of the obligations or duties of the such Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (a) the Grantor shall remain liable under the 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 Security Agreement had not been executed;
, (b) the exercise by the Lender Collateral Agent of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
Collateral and (c) the Lender no Secured Party shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this AgreementAgreement or any other Transaction Document, nor shall the Lender any Secured Party be obligated to perform any of the obligations Secured 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: Guaranty and Security Agreement (Applied Dna Sciences Inc)
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding: (ai) the Grantor shall remain liable under the 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 Security Agreement had not been executed;
, (bii) the exercise by the Lender Collateral Agent of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
, (ciii) the Lender Collateral Agent shall not have any no obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Lender Collateral Agent be obligated to perform any of the obligations or duties of the Grantor thereunder thereunder, and (iv) the Collateral Agent shall have no liability in contract or to take any action to collect tort for the Grantor’s acts or enforce any claim for payment assigned hereunderomissions.
Appears in 1 contract
Sources: Security Agreement (Power Medical Interventions, Inc.)
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (a) the Grantor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to and perform all of its duties and obligations thereunder to the same extent as if this Security Agreement had not been executed;
, (b) the exercise by the Lender of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
, and (c) the Lender shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Lender 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. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (ai) each of the Grantor Grantors shall remain liable under the contracts and any agreements included which have been (in the Collateral to the extent set forth therein whole or in part) pledged or assigned herein to perform all of its duties and obligations thereunder to the same extent as if this Security Agreement had not been executed;
; (bii) the exercise by the Lender Collateral Agent of any of the rights or remedies hereunder shall not release any of the Grantor Grantors from any of its respective duties or obligations under the contracts any such agreements; and agreements included in the Collateral; and
(ciii) the Lender Collateral Agent shall not have any obligation or liability under the contracts and any such agreements included in the Collateral by reason of this Agreement, nor shall the Lender Collateral Agent be obligated to perform any of the obligations or duties of any of the Grantor Grantors thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:contrary notwithstanding
(a) the each Grantor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all its duties and obligations thereunder to the same extent therein, as if this Security Agreement had not been executed;,
(b) the exercise by the Lender Administrative Agent of any of the its rights or remedies hereunder shall not release the any Grantor from any of its duties or obligations under the any such contracts and or agreements included in the Collateral; , and
(c) neither the Administrative Agent nor any other Lender Party shall not have any obligation or liability under the any such contracts and or agreements included in the Collateral by reason of this Security Agreement, nor shall the Administrative Agent or any other Lender Party be obligated to perform any of the obligations or duties of the any Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.
Appears in 1 contract
Grantor Remains Liable. Notwithstanding anything herein to the contrary:
contrary contained herein, (a) the Grantor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all of its respective duties and obligations thereunder to the same extent as if this Security Agreement had not been executed;
, (b) the exercise by the Lender Agent of any of the its rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
, and (c) the Lender Agent shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Security Agreement, nor shall the Lender Agent 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 (Aemetis, Inc)
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (a) the each Grantor shall remain liable under the 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 Security Agreement had not been executed;
, (b) the exercise by the Lender any Secured Party of any of the rights or remedies hereunder shall not release the any Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
, and (c) none of the Lender Secured Parties shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall any of the Lender Secured Parties be obligated to perform any of the obligations or duties of the any Grantor thereunder or to take any action to collect or enforce any claim for payment assigned in which a security interest is granted hereunder.
Appears in 1 contract
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding, (a) the each Grantor shall remain liable under the 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 Security Agreement had not been executed;
, (b) the exercise by the Lender Secured Party of any of the rights or remedies hereunder shall not release the any Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
, and (c) the Lender Secured Party shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Lender Secured Party be obligated to perform any of the obligations or duties of the any Grantor thereunder or to take any action to collect or enforce any claim for payment assigned in which a security interest is granted hereunder.
Appears in 1 contract
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:
contrary notwithstanding (a) the Grantor shall remain be liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all its of the duties and obligations thereunder to the same extent as if this Security Agreement had not been executed;
, (b) the exercise by the Lender Bank of any of the rights or remedies hereunder shall not release the Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral; and
, and (c) the Lender Bank shall not have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Lender Bank be obligated to perform any of the obligations or duties of the Grantor thereunder or to take any action to collect correct or enforce any claim for payment assigned hereunderhereunder by reason of this Agreement.
Appears in 1 contract
Sources: Assignment and Security Agreement (Uti Worldwide Inc)
Grantor Remains Liable. Notwithstanding anything Anything herein to the contrary:contrary notwithstanding
(a) the Grantor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all its duties and obligations thereunder to the same extent therein, as if this Security Agreement had not been executed;,
(b) the exercise by the Lender Administrative Agent of any of the its rights or remedies 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
(c) neither the Administrative Agent nor any other Lender Party shall not have any obligation or liability under the any such contracts and or agreements included in the Collateral by reason of this Security Agreement, nor shall the Administrative 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