Common use of Destruction of Collateral Clause in Contracts

Destruction of Collateral. No injury to, or loss or destruction of, the Collateral or any part thereof shall relieve any Grantor of any of its obligations hereunder or any of the Secured Obligations.

Appears in 7 contracts

Samples: Security Agreement (First Citizens Bancshares Inc /De/), Security and Guaranty Agreement, Reimbursement and Security Agreement

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Destruction of Collateral. No injury to, or loss or destruction of, the Collateral or any part thereof shall relieve any Grantor of any of its obligations hereunder or any of the Secured ObligationsObligations under the Credit Agreement or any other Credit Document to which it is a party.

Appears in 2 contracts

Samples: Security Agreement (Fulcrum Bioenergy Inc), Security Agreement (Fulcrum Bioenergy Inc)

Destruction of Collateral. No injury to, or loss or destruction of, the Collateral or any part thereof shall relieve any the Grantor of any of its obligations hereunder or any of the Secured Obligationsits obligations under any other Financing Documents.

Appears in 1 contract

Samples: Credit Agreement (Pacific Ethanol, Inc.)

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Destruction of Collateral. No injury to, or loss or destruction of, the Collateral or any part thereof shall relieve any Grantor of any of its obligations hereunder or any of the Secured ObligationsObligations under the Credit Agreement or any other Credit Document.

Appears in 1 contract

Samples: Escrow Agreement (Ormat Technologies, Inc.)

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