No Release of Obligation Clause Samples

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No Release of Obligation. The expiration or termination of this Agreement for any cause shall not release either party from: 13.7.1 Any obligations and duties remaining under any order accepted by the Contractor prior to such expiration or termination; 13.7.2 Any liability which at the time of expiration or termination has already accrued to the other party, or, which thereafter may accrue in respect to any event prior to expiration or termination; or 13.7.3 Any liability from any obligation that survives expiration or termination.
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No Release of Obligation. Termination of this Agreement shall not release either party from the obligation to make payment of all amounts then due and payable.
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No Release of Obligation. Termination of this Agreement shall not release either Party from the obligation to make payment of all amounts then due and payable or to fill Purchase Orders placed prior to termination (except that Contractor is not obligated to fill Purchase Orders placed within 180 days prior to the effective date of termination) if this Agreement is terminated without cause by either party or terminated with cause by Contractor).
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No Release of Obligation. Any Permitted Transfer by Fortress shall not relieve it of its remaining obligations as a Member under this Agreement, and any Permitted Transfer by Chelsea shall not relieve it of its remaining obligations as a Member under this Agreement.
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No Release of Obligation. Except as expressly provided in this Section 11, the Lessee shall bear all the risk of loss and shall not be released from its obligations hereunder in the Event of any damage to the Aircraft or any part thereof or any Event of Loss relating thereto.
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No Release of Obligation. Except as expressly provided in the A&R Lease or by the specific written approval of Landlord and the County, which Landlord and the County may give or withhold in their sole discretion, no Transfer will relieve Tenant from any obligations under this Agreement.
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Related to No Release of Obligation

  • Release of Obligations At any time following an Event of Default, each Intercompany Creditor must, if requested by the Security Agent, release and discharge any Intercompany Debt specified by the Security Agent, by way of shareholders' contribution (Sw: aktieägartillskott), forgiveness of liabilities, or in any other way deemed appropriate by the Security Agent.

  • Guaranty of Obligation Guarantor hereby irrevocably and unconditionally guarantees to Lender and its successors and assigns the payment and performance of the Guaranteed Obligations as and when the same shall be due and payable, whether by lapse of time, by acceleration of maturity or otherwise. Guarantor hereby irrevocably and unconditionally covenants and agrees that it is liable for the Guaranteed Obligations as a primary obligor.

  • Payment of Obligation 40 11.2 Covenants.....................................................40 11.3

  • Release of Obligors Any full or partial release of the liability of Borrower on the Guaranteed Obligations, or any part thereof, or of any co-guarantors, or any other person or entity now or hereafter liable, whether directly or indirectly, jointly, severally, or jointly and severally, to pay, perform, guarantee or assure the payment of the Guaranteed Obligations, or any part thereof, it being recognized, acknowledged and agreed by Guarantor that Guarantor may be required to pay the Guaranteed Obligations in full without assistance or support of any other party, and Guarantor has not been induced to enter into this Guaranty on the basis of a contemplation, belief, understanding or agreement that other parties will be liable to pay or perform the Guaranteed Obligations, or that Lender will look to other parties to pay or perform the Guaranteed Obligations.

  • Guaranty of Obligations (a) The Guarantor hereby irrevocably and unconditionally guarantees, with effect from date hereof, the prompt and complete payment when due of all of Supplier’s payment obligations under the FSA (to the extent such payment obligations exceed the amount of any Performance Assurance provided to the Creditor by Supplier as defined in and in accordance with the FSA), whether on scheduled payment dates, when due upon demand, upon declaration of termination or otherwise, in accordance with the terms of the FSA and giving effect to any applicable grace period, and, provided only that the Creditor is the prevailing party in any judicial suit, action or proceeding arising out of, resulting from, or in any way relating to this Guaranty, or if by mutual agreement by Guarantor and Creditor, all reasonable out-of-pocket costs and expenses incurred by Creditor in the enforcement of the Guarantor’s obligations or collection under this Guaranty, including reasonable attorney’s fees and expenses (collectively, the “Obligations”). [Optional provision: Notwithstanding anything to the contrary herein, the liability of the Guarantor under this Guaranty and Creditor’s right of recovery hereunder for all Obligations is limited to a total aggregate amount of $ (“Guaranty Amount”), where Guaranty Amount shall be no less than Five Hundred Thousand US Dollars ($500,000).] (b) The limitations on liabilities of the Supplier set forth in Article 10 of the FSA shall also apply to the liabilities of the Guarantor hereunder.