Common use of LIABILITY TO PERFORM Clause in Contracts

LIABILITY TO PERFORM. It is expressly agreed that, notwithstanding anything to the contrary herein contained, the Chargor shall remain liable to observe and perform all of the conditions and obligations assumed by it in respect of the Shares and none of the Administrative Agent and the Secured Parties shall be under any obligation or liability by reason of or arising out of this Deed. None of the Secured Parties shall be required in any manner to perform or fulfil any obligation of the Chargor in respect of the Shares, or to make any payment, or to receive any enquiry as to the nature or sufficiency of any payment received by them, or to present or file any claim or take any other action to collect or enforce the payment of any amount to which they may have been or to which they may be entitled hereunder at any time or times.

LIABILITY TO PERFORM. It is expressly agreed that, notwithstanding anything to the contrary herein contained, the each Chargor shall remain liable to observe and perform all of the conditions and obligations assumed by it in respect of the Security Shares and none of the Administrative Security Agent and or the Secured Parties Lenders shall be under any obligation or liability by reason of or arising out of this Deedthe Share Mortgages. None of the Secured Parties Lenders shall be required in any manner to perform or fulfil any obligation of the any Chargor in respect of the Security Shares, or to make any payment, or to receive any enquiry as to the nature or sufficiency of any payment received by them, or to present or file any claim or take any other action to collect or enforce the payment of any amount to which they may have been or to which they may be entitled hereunder at any time or times.