Common use of Debtor Remains Liable Clause in Contracts

Debtor Remains Liable. Notwithstanding anything to the contrary contained herein, (i) Debtor 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 Agreement had not been executed, (ii) the exercise by Lender of any of its rights hereunder shall not release Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (iii) Lender shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Lender be obligated to perform any of the obligations or duties of Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 2 contracts

Samples: Loan and Security Agreement (Legacy Housing Corp), Loan and Security Agreement (Legacy Housing Corp)

AutoNDA by SimpleDocs

Debtor Remains Liable. Notwithstanding anything to the contrary contained herein, (i) Debtor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all of its Lender’s respective duties and obligations thereunder to the same extent as if this Agreement had not been executed, ; (ii) the exercise by Lender of any of its rights hereunder shall not release Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, Collateral and (iii) Lender shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Lender be obligated to perform any of the obligations or duties of Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ministry Partners Investment Company, LLC), Loan and Security Agreement (Ministry Partners Investment Company, LLC)

Debtor Remains Liable. Notwithstanding anything to the contrary contained herein, in this Agreement: (ia) Debtor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein and obligated to perform all of its respective duties and obligations thereunder to the same extent as if this Agreement had not been executed, (iib) the exercise by Lender of any of its rights hereunder shall not release Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (iiic) Lender shall not have any no obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Lender be obligated to perform any of the obligations or duties of either Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 2 contracts

Samples: Security Agreement (United Development Funding III, LP), Security Agreement (United Development Funding III, LP)

Debtor Remains Liable. Notwithstanding anything to the contrary contained herein, : (i) Debtor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all of its Debtor’s respective duties and obligations thereunder to the same extent as if this Agreement had not been executed, ; (ii) the exercise by Lender of any of its rights hereunder shall not release Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, ; and (iii) Lender shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Lender be obligated to perform any of the obligations or duties of Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 2 contracts

Samples: Loan and Security Agreement (CCF Holdings LLC), Loan and Security Agreement (Community Choice Financial Inc.)

Debtor Remains Liable. Notwithstanding anything Anything herein to the contrary contained hereinnotwithstanding, (i) Debtor shall remain liable under the contracts any agreements and agreements other documents included in the Collateral Collateral, to the extent set forth therein therein, to perform all of its respective duties and obligations thereunder to the same extent as if this Agreement had not been executed, (ii) the exercise by the Lender of any of its the rights hereunder shall not release Debtor from any of its duties or obligations under the contracts such agreements and agreements other documents included in the Collateral, and (iii) the Lender shall not have any obligation or liability under any of the contracts agreements and agreements other documents included in the Collateral by reason of this Agreement, nor shall the Lender be obligated to perform any of the obligations or duties of Debtor thereunder or to take any action to collect or enforce any claim for payment assigned such agreement or other document included in the Collateral hereunder.

Appears in 2 contracts

Samples: Security Agreement (Idt Spectrum, Inc.), Security Agreement (Idt Spectrum, Inc.)

Debtor Remains Liable. Notwithstanding anything Anything herein to the contrary contained hereinnotwithstanding, (ia) Debtor 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 Agreement had not been executed, (iib) the exercise by Lender Holder of any of its rights hereunder shall not release Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (iiic) Lender Holder shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, Agreement nor shall Lender Holder be obligated to perform any of the obligations or duties of Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Gryphon Gold Corp), Pledge and Security Agreement (Gryphon Gold Corp)

Debtor Remains Liable. Notwithstanding anything Anything herein to the contrary contained hereinnotwithstanding, (ia) the Debtor 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 Agreement had not been executed, (iib) the exercise by Lender the Holders of any of its their rights hereunder shall not release the Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (iiic) Lender the Holders shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, Agreement nor shall Lender the Holders be obligated to perform any of the obligations or duties of the Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Winthrop Realty Trust)

Debtor Remains Liable. Notwithstanding anything Anything herein to the contrary contained herein, notwithstanding: (ia) Debtor 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 Agreement had not been executed, ; (iib) the exercise by Lender Agent of any of its the rights hereunder shall not release Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, ; and (iiic) neither Agent nor any Lender shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Agent nor any Lender be obligated to perform any of the obligations or duties of Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Credit Agreement (Team Communications Group Inc)

Debtor Remains Liable. Notwithstanding anything to the contrary contained herein, (i) Debtor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all of its Debtor’s respective duties and obligations thereunder to the same extent as if this Agreement had not been executed, ; (ii) the exercise by Lender Collateral Agent of any of its rights hereunder shall not release Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, Collateral and (iii) Lender Collateral Agent shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Lender Collateral Agent be obligated to perform any of the obligations or duties of Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Security Agreement (Northstar Healthcare Inc)

Debtor Remains Liable. Notwithstanding anything Anything herein to the contrary contained herein, notwithstanding: (ia) each Debtor 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 Agreement had not been executed, ; (iib) the exercise by Lender Agent of any of its the rights granted hereunder shall not release any Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, ; and (iiic) Lender Agent shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Lender Agent be obligated to perform any of the obligations or duties of any Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Security Agreement (Opinion Research Corp)

AutoNDA by SimpleDocs

Debtor Remains Liable. Notwithstanding anything to the contrary contained herein, (ia) Debtor shall remain liable under the contracts in all material respects 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 Agreement had not been executed, (iib) the exercise by Lender of any of its rights hereunder shall not release Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (iiic) Lender shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Lender be obligated to perform any of the obligations or duties of Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Loan Agreement (Coolbrands International Inc)

Debtor Remains Liable. Notwithstanding anything to the contrary contained hereinIf any Collateral consists of contracts or agreements, (ia) the Debtor shall remain liable under the such contracts and or agreements included in the Collateral to the extent set forth therein to perform all of its respective the Debtor's duties and obligations thereunder to the same extent as if this Agreement had not been executed, (iib) the exercise by Lender the Collateral Agent or any Bank of any of its rights hereunder under this Agreement shall not release the Debtor from any of its the Debtor's duties under any such contracts or obligations under the contracts and agreements included in the Collateralagreements, and (iiic) Lender the Collateral Agent or any Bank shall not have any obligation or liability under any of the such contracts and or agreements included in the Collateral by reason of this Agreement, nor shall Lender the Collateral Agent or any Bank be obligated to perform any of the obligations or duties of the Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Security Agreement (Tortoise Capital Resources Corp)

Debtor Remains Liable. Notwithstanding anything Anything herein to the contrary contained herein, notwithstanding: (ia) Debtor shall remain liable under the contracts and agreements included in the its Collateral to the extent set forth therein to perform all of its respective duties and obligations thereunder to the same extent as if this Agreement had not been executed, ; (iib) the exercise by Lender Collateral Agent of any of its the rights hereunder shall not release Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, ; and (iiic) neither Collateral Agent nor any Lender shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Collateral Agent nor any Lender be obligated to perform any of the obligations or duties of Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: General Security Agreement (Ultralife Batteries Inc)

Debtor Remains Liable. Notwithstanding anything Anything herein to the contrary contained herein, notwithstanding: (ia) Debtor 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 Agreement had not been executed, ; (iib) the exercise by Lender the Investor of any of its the rights hereunder shall not release Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, and ; (iiic) Lender the Investor shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Lender the Investor be obligated to perform any of the obligations or duties of Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder; and (d) the Investor shall not have any liability in contract or tort for Debtor's acts or omissions.

Appears in 1 contract

Samples: Acknowledgment and Agreement (Andrea Electronics Corp)

Debtor Remains Liable. Notwithstanding anything Anything herein to the contrary contained herein, notwithstanding: (ia) Debtor 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 Agreement had not been executed, ; (iib) the exercise by Lender of any of its the rights hereunder shall not release Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, ; and (iiic) Lender shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Lender be obligated to perform any of the obligations or duties of Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Security Agreement (Avatar Systems Inc)

Debtor Remains Liable. Notwithstanding anything Anything herein to the contrary contained herein, notwithstanding: (ia) Debtor 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 Agreement had not been executed, ; (iib) the exercise by Lender the Secured Parties of any of its the rights granted hereunder shall not release Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, ; and (iiic) Lender the Secured Parties shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall Lender the Secured Parties be obligated to perform any of the obligations or duties of Debtor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Amended and Restated Security Agreement (Revcare Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.