Common use of Amendments, Etc. With Respect to the Obligations Clause in Contracts

Amendments, Etc. With Respect to the Obligations. The Grantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Grantor and without notice to or further assent by the Grantor, any demand for payment of any of the Obligations made by the Collateral Agent or any Lender may be rescinded by any Secured Party and any of the Obligations continued, and the Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any Secured Party, and the Credit Agreement and the other Loan Documents and any other documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Collateral Agent (or the Required Lenders or all Lenders, as the case may be) may deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by any Secured Party for the payment of the Obligations may be sold, exchanged, waived, surrendered or released. No Secured Party shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Obligations or for the guarantee contained in this Section 2 or any property subject thereto.

Appears in 1 contract

Samples: Patent Security Agreement (Virgin Mobile USA, Inc.)

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Amendments, Etc. With Respect to the Obligations. The Grantor Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Grantor any Guarantor and without notice to or further assent by the Grantorany Guarantor, any demand for payment of any of the Obligations made by the Collateral Agent or any Lender Secured Party may be rescinded by any the Secured Party and any of the Obligations continued, and the Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, extended, accelerated, compromised, waived, surrendered or released by any the Secured Party, and the Credit Agreement Senior Secured Note and the other Loan Transaction Documents and any other documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Collateral Agent (or the Required Lenders or all Lenders, as the case may be) Secured Party may deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by any the Secured Party for the payment of the Obligations may be sold, exchanged, waived, surrendered or released. No The Secured Party shall not have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Obligations or for the guarantee contained in this Section ARTICLE 2 or any property subject thereto.

Appears in 1 contract

Samples: Guarantee and Security Agreement (HC Innovations, Inc.)

Amendments, Etc. With Respect to the Obligations. The Grantor Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Grantor any Guarantor and without notice to or further assent by the Grantorany Guarantor, any demand for payment of any of the Obligations made by the Collateral Agent or any Lender Secured Party may be rescinded by any such Secured Party and any of the Obligations continued, and the Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, increased, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any Secured Party, and the Credit Agreement and the other Loan Documents and any other documents executed and delivered in connection therewith or with any of the other Obligations may be amended, modified, supplemented or terminated, in whole or in part, as the Collateral Agent (or the Required Lenders or all Lenders, as the case may be) may deem advisable from time to time, part and any collateral security, guarantee or right of offset at any time held by any Secured Party for the payment of the Obligations may be sold, exchanged, waived, surrendered or released, in each case, in accordance with the terms of this Agreement and the other Loan Documents. No Secured Party shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Obligations or for the guarantee contained in this Section Article 2 or any property subject thereto.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Post Holdings, Inc.)

Amendments, Etc. With Respect to the Obligations. The Grantor Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Grantor any Guarantor and without notice to or further assent by the Grantorany Guarantor, any demand for payment of any of the Obligations made by the Collateral Agent or any Lender Secured Party may be rescinded by any Secured Party and any of the Obligations continued, and the Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any Secured Party, and the Credit Agreement and this Agreement, the other Loan Documents and any other documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Collateral Agent (or the Required Lenders or all Lenders, as the case may be) may deem advisable from time to timein accordance with their respective terms, and any collateral security, guarantee or right of offset at any time held by any Secured Party for the payment of the Obligations may be sold, exchanged, waived, surrendered or released. No Secured Party shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Obligations or for the guarantee contained in pursuant to this Section 2 13 or any property subject thereto.

Appears in 1 contract

Samples: Loan and Security Agreement (Molecular Templates, Inc.)

Amendments, Etc. With Respect to the Obligations. The Grantor Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Grantor and without notice to or further assent by the Grantor, that any demand for payment of any of the Obligations made by the Collateral Agent or any Lender Secured Party may be rescinded by any such Secured Party and any of the Obligations continued, and the Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, increased, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any Secured Party, and the Credit Agreement and the other Loan Documents and any other documents executed and delivered in connection therewith or with any of the other Obligations may be amended, amended modified, supplemented or terminated, in whole or in part, as the Collateral Agent (or the Required Lenders or all Lenders, as the case may be) may deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by any Secured Party for the payment of the Obligations may be sold, exchanged, waived, surrendered or released, in each case, in accordance with the terms of this Agreement and the other Loan Documents. No Secured Party shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Obligations or for the guarantee contained in this Section Article 2 or any property subject thereto, in each case, in accordance with the terms of this Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Healthequity, Inc.)

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Amendments, Etc. With Respect to the Obligations. The Grantor Each Subsidiary Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Grantor any Subsidiary Guarantor and without notice to or further assent by the Grantorany Subsidiary Guarantor, any demand for payment of any of the Obligations made by the Collateral Agent or any Lender Secured Party may be rescinded by any such Secured Party and any of the Obligations continued, and the Obligations, or the liability of any other Person person upon or for any part thereof, or any collateral security or guarantee guaranty therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, increased, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any Secured Party, and the Credit this Agreement and the other Loan Documents and any other documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Collateral Agent (or the Required Lenders or all Lenders, as the case may be) parties thereto may deem advisable from time to time, and any collateral security, guarantee guaranty or right of offset at any time held by any Secured Party for the payment of the Obligations may be sold, exchanged, waived, surrendered or released. No Secured Party shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Obligations or for the guarantee guaranty contained in this Section 2 12 or any property subject thereto.

Appears in 1 contract

Samples: Loan and Security Agreement (Nes Rentals Holdings Inc)

Amendments, Etc. With Respect to the Obligations. The Grantor Debtor shall remain obligated hereunder notwithstanding that, without any reservation of rights against the Grantor Debtor and without notice to or further assent by the GrantorDebtor, any demand for payment of any of the Obligations made by the Collateral Agent or any Lender Secured Party may be rescinded by any the Secured Party and any of the Obligations continued, and the Obligations, or the liability of any other Person upon or for any part thereof, or any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any the Secured Party, and the Credit Agreement and Loan Agreement, the other Loan Documents and any other documents executed and delivered in connection therewith may be amended, modified, supplemented or terminated, in whole or in part, as the Collateral Agent Secured Party (or the Required Lenders or all Lenders, as the case may be) may deem advisable from time to time, and any collateral security, guarantee or right of offset at any time held by any the Secured Party for the payment of the Obligations may be sold, exchanged, waived, surrendered or released. No The Secured Party shall not have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Obligations or for the guarantee contained in this Section 2 Article II or any property subject thereto.

Appears in 1 contract

Samples: Guarantee and Pledge Agreement (Viking Energy Group, Inc.)

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