Common use of Lien Absolute Clause in Contracts

Lien Absolute. All rights of the Agent hereunder, and all obligations of the Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Agreement, the Revolving Credit Notes, any other Lender Agreement or any other agreement or instrument governing or evidencing any Secured Obligations; (b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Credit Agreement, the Revolving Credit Notes, any other Lender Agreement or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any exchange, release or non-perfection of any other collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; or (d) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the Pledgor.

Lien Absolute. All rights of the Agent Administrative Agent, on behalf of the Secured Creditors, hereunder, and all obligations of the Pledgor Pledgors hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Agreement, the Revolving Credit Notes, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Credit Agreement, the Revolving Credit Notes, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any exchange, release or non-perfection of any other collateralCollateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; (d) the insolvency of any Loan Party; or (de) any other circumstance which might otherwise constitute a defense available to, or a discharge of, any Pledgor (other than the Pledgoroccurrence of the Termination Date).

Lien Absolute. All Subject to the terms of the Credit Agreement, all rights of the Agent Lender hereunder, and all obligations of the Pledgor Grantor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Agreement, the Revolving Credit Notes, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Credit Agreement, the Revolving Credit Notes, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any exchange, release or non-perfection of any other collateralCollateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; (d) the insolvency of any Person; or (de) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the PledgorGrantor.

Lien Absolute. All Subject to the Issuer Lien provided in Section 2 hereof, all rights of the Agent hereunder, and all obligations of the Pledgor Pledgors hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Agreement, the Revolving Credit Notes, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Credit Agreement, the Revolving Credit Notes, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any exchange, release or non-perfection of any other collateralCollateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; (d) the insolvency of any Credit Party; or (de) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the PledgorPledgors.

Lien Absolute. All rights of the Administrative Agent hereunder, and all obligations of the Pledgor Pledgors hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Agreement, the Revolving Credit Notes, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of #PageNum# #4831-3075-4320 or any consent to any departure from the Credit Agreement, the Revolving Credit Notes, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any exchange, release or non-perfection of any other collateralCollateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; (d) the insolvency of any Loan Party; or (de) any other circumstance which might otherwise constitute a defense available to, or a discharge of, any Pledgor (other than the Pledgoroccurrence of the Termination Date).

Lien Absolute. All rights of the Administrative Agent and the other Secured Parties hereunder, and all obligations of the Pledgor each Grantor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Agreement, the Revolving Credit Notes, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Credit Agreement, the Revolving Credit Notes, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations, except to the extent expressly set forth in any such amendment, waiver or consent; (c) any exchange, release or non-perfection of any other collateralCollateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; (d) the insolvency of any Person; or (de) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the Pledgorany Grantor.

Lien Absolute. All rights of Agent, on behalf of itself and the Agent Lenders, hereunder, and all obligations of the Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Credit Amended Loan Agreement, the Revolving Credit Notes, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (b) any change in the time, manner or place of payment of, or in any other term of, all or any part of the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Credit Amended Loan Agreement, the Revolving Credit Notes, any other Lender Agreement Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any exchange, release or non-perfection of any other collateralCollateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; (d) the insolvency of any Pledgor; or (de) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the a Pledgor.