Common use of Assignor's Duties Clause in Contracts

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 90 contracts

Sources: Second Lien Guarantee and Collateral Agreement, Security Agreement (CURO Group Holdings Corp.), Security Agreement

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any each Assignor under or with respect to any Collateral.

Appears in 23 contracts

Sources: Credit Agreement (Silgan Holdings Inc), Credit Agreement (Silgan Holdings Inc), Security Agreement (Quality Distribution Inc)

Assignor's Duties. It is expressly agreed, anything herein ----------------- contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any each Assignor under or with respect to any Collateral.

Appears in 8 contracts

Sources: Security Agreement (Wesley Jessen Holding Inc), Security Agreement (Kilovac International Inc), Security Agreement (Kilovac International Inc)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any the Assignor under or with respect to any Collateral.

Appears in 7 contracts

Sources: Security Agreement (TAL International Group, Inc.), Credit Agreement (Pueblo Xtra International Inc), Credit Agreement (Superior National Insurance Group Inc)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Administrative Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Administrative Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 5 contracts

Sources: Credit Agreement (Aleris Ohio Management, Inc.), Credit Agreement (Aleris Ohio Management, Inc.), u.s. Security Agreement (Aleris Ohio Management, Inc.)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that that, prior to the Termination Date, each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and and, except as otherwise provided in Section 10.11 hereof, the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 4 contracts

Sources: Security Agreement (Town Sports International Holdings Inc), Credit Agreement (Town Sports International Holdings Inc), Security Agreement (Town Sports International Holdings Inc)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and neither the Collateral Agent nor any other Secured Creditor shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent or any other Secured Creditor be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 3 contracts

Sources: Security Agreement (Clean Harbors Inc), Security Agreement (Consolidated Container Co LLC), Security Agreement (Clean Harbors Inc)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any an Assignor under or with respect to any Collateral.

Appears in 3 contracts

Sources: Security Agreement (Airborne Inc /De/), Credit Agreement (Alliance Gaming Corp), Security Agreement (Safety Components International Inc)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the First-Lien Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the First-Lien Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Security Agreement (EnerSys), Security Agreement (RCN Corp /De/)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Administrative Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Administrative Agent be required or obligated in any manner to perform or fulfill any of the obligations of any each Assignor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Credit Agreement (Doubletree Corp), Credit Agreement (Doubletree Corp)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that that, prior to the Termination Date, each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Security Agreement (CURO Group Holdings Corp.), Security Agreement (CURO Group Holdings Corp.)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Second-Lien Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Second-Lien Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Security Agreement (EnerSys), Security Agreement (RCN Corp /De/)

Assignor's Duties. It is expressly agreed, anything herein ----------------- contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Security Agreement (Idt Corp), Security Agreement (Resources Connection Inc)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and neither the Collateral Agent nor any other Secured Creditor shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent nor any other Secured Creditor be required or obligated in any manner to perform or fulfill any of the obligations of any each Assignor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Us Security Agreement (RPP Capital Corp), Us Security Agreement (RPP Capital Corp)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor the Assignors shall remain liable to perform all of the obligations, if any, assumed by it them with respect to the Collateral and the Collateral Agent Lender shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent Lender be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor the Assignors under or with respect to any Collateral.

Appears in 1 contract

Sources: Warehouse Security Agreement (Imc Mortgage Co)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Company Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Company Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any the Assignor under or with respect to any Company Collateral.

Appears in 1 contract

Sources: Subordinated Security Agreement (Emagin Corp)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent PBGC shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent PBGC be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Security Agreement (Exide Technologies)

Assignor's Duties. It is expressly agreed, anything herein ----------------- contained to the contrary notwithstanding, that each the Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent Assignee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of or in connection with this Agreement, nor shall the Collateral Agent Assignee be required or obligated in any manner to perform or fulfill any of the obligations of any the Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Security Agreement (Yes Entertainment Corp)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that that, prior to the Termination Date, each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and and, except as otherwise provided hereunder, the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Security Agreement (STG Group, Inc.)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent Trustee shall not have any obligations obli­gations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent Trustee be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Security Agreement (Acco Brands Corp)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each that, prior to the Termination Date, the Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and and, except as otherwise provided in Section 10.11 hereof, the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any the Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Security Agreement (Town Sports International Holdings Inc)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Security Agreement (Memc Electronic Materials Inc)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor the Assignors under or with respect to any Collateral.

Appears in 1 contract

Sources: Security Agreement (Emagin Corp)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent Assignee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent Assignee be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Credit Agreement (Emcore Corp)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Subsidiary Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Subsidiary Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any the Assignor under or with respect to any Subsidiary Collateral.

Appears in 1 contract

Sources: Security Agreement (Emagin Corp)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent Lender shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent Lender be required or obligated in any manner to perform or fulfill any of the obligations of any the Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Warehouse Security Agreement (E Loan Inc)

Assignor's Duties. It is expressly agreed, notwithstanding anything herein contained to the contrary notwithstandingcontrary, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Credit Agreement (Universal Hospital Services Inc)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Third-Lien Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Third-Lien Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any the Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Security Agreement (RCN Corp /De/)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this AgreementAgreement provided, that the Collateral Agent shall be liable for the safekeeping of the Collateral already in its possession, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Security Agreement (Dominos Inc)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the First-Lien Collateral Agent shall not have any obligations obli-gations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the First-Lien Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Security Agreement (RCN Corp /De/)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations obli­gations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Security Agreement (Duratek Inc)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, Obligations assumed by it under this Agreement or any other Transaction Document with respect to the Collateral Collateral, and the Collateral Agent and the Funds shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this AgreementAgreement or any other Transaction Document, nor shall the Collateral Agent or the Funds be required or obligated in any manner to perform or fulfill any of the obligations of any the Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Security Agreement (Aura Systems Inc)

Assignor's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Assignor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent Lender shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, nor shall the Collateral Agent Lender be required or obligated in any manner to perform or fulfill any of the obligations of any each Assignor under or with respect to any Collateral.

Appears in 1 contract

Sources: Credit Agreement (Agency Com LTD)