Common use of Continuing Rights and Obligations Clause in Contracts

Continuing Rights and Obligations. Chase's rights hereunder shall continue unimpaired, and the Borrower shall be and remain obligated in accordance with the terms and provisions hereof, notwithstanding the release and/or substitution of any property which may be held as Collateral at any time(s), or of any rights or interest therein. No delay, extension of time, renewal, compromise or other indulgence which may occur or be granted by Chase shall impair Chase's rights or powers hereunder.

Appears in 3 contracts

Samples: Credit Agreement and Guaranty (Hampshire Group LTD), Credit Agreement (Boundless Corp), Credit Agreement and Guaranty (Hampshire Group LTD)

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Continuing Rights and Obligations. Chase's rights hereunder shall continue unimpaired, and the Borrower shall be and remain obligated in accordance with the terms and provisions hereof, notwithstanding the release and/or substitution of any property which may be held as Collateral at any time(s), or of any rights or interest therein. No delay, extension of time, renewal, compromise or other indulgence which may occur or be granted by Chase shall impair Chase's rights or powers hereunder.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Hampshire Group LTD)

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Continuing Rights and Obligations. Chase's rights hereunder shall continue unimpaired, and the Borrower Letter of Credit Parties shall be and remain obligated in accordance with the terms and provisions hereof, notwithstanding the release and/or substitution of any property which may be held as Collateral at any time(s), or of any rights or interest therein. No delay, extension of time, renewal, compromise or other indulgence which may occur or be granted by Chase shall impair Chase's rights or powers hereunder.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Boundless Corp)

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