Common use of Lien Absolute Clause in Contracts

Lien Absolute. All rights of the Secured Party hereunder, and all obligations of the Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Loan Agreement, any Subsidiary Loan Document, any other 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 Loan Agreement, any Subsidiary Loan Document, any other Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any addition, exchange, release or non-perfection of any other Collateral, or any release or amendment or waiver of or consent to departure from any guarantee, for all or any of the Secured Obligations; (d) the insolvency of the Borrower, the Pledgor or any other Guarantor; or (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the Pledgor.

Lien Absolute. All rights of the Secured Party hereunder, and all obligations of the each Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Loan Securities Purchase Agreement, any Subsidiary Loan Document, any other Loan Investment 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 Loan Securities Purchase Agreement, any Subsidiary Loan Document, any other Loan Investment Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any addition, exchange, release or non-perfection of any other Collateral, Collateral or any release or amendment or waiver of of, or consent to departure from any guaranteeguaranty for, for all or any of the Secured Obligations; (d) the insolvency of the Borrower, the any Pledgor or any Subsidiary Guarantor or any other Guarantorguarantor of the obligations; or (e) any other circumstance which that might otherwise constitute a defense available to, or a discharge of, the any Pledgor.

Lien Absolute. All rights of the Secured Party Parties hereunder, and all obligations of the Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of any of the Loan Purchase Agreement, any Subsidiary Loan Document, any other Loan Document Note Documents 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 any of the Loan Purchase Agreement, any Subsidiary Loan Document, any other Loan Note Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any addition, exchange, release or non-perfection of any other Collateral, or any release or amendment or waiver of or consent to departure from any guaranteeguaranty, for all or any of the Secured Obligations; (d) the insolvency of the Borrower, the any Pledgor or any other Guarantorsubsidiary thereof; or (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the Pledgor.

Lien Absolute. All rights of Agent, on behalf of itself and the other Secured Party Parties, hereunder, and all obligations of the each Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Loan Agreement, any Subsidiary Loan Document, any other Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (b) any change in the time, manner manner, place or place terms 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 Loan Agreement, any Subsidiary Loan Document, any other Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any addition, exchange, release or non-perfection of any other Collateral, or any release or amendment or waiver of or consent to departure from any guaranteeJoinder or guaranty, for all or any of the Secured Obligations; (d) the insolvency of the Borrower, the Pledgor or any other GuarantorLoan Party; or (e) any other action or circumstance which might otherwise constitute a defense available to, or a legal or equitable discharge of, the any Pledgor.

Lien Absolute. All rights of the Secured Party hereunder, and all obligations of the Pledgor Debtor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Indenture, the Loan Agreement, any Subsidiary Loan Document, any other Loan Bond 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 Indenture, the Loan Agreement, any Subsidiary Loan Document, any other Loan Bond Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any addition, exchange, release or non-perfection of any other Collateral, or any release or amendment or waiver of or consent to departure from any guaranteeguaranty, for all or any of the Secured Obligations; (d) the insolvency of the Borrower, the Pledgor or any other GuarantorPerson; or (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the PledgorDebtor.

Lien Absolute. All rights of the Secured Party hereunder, and all obligations of the Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Loan Securities Purchase Agreement, any Subsidiary Loan Document, any other Loan Investment 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 Loan Securities Purchase Agreement, any Subsidiary Loan Document, any other Loan Investment Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any addition, exchange, release or non-perfection of any other Collateral, Collateral or any release or amendment or waiver of of, or consent to departure from any guaranteeguaranty for, for all or any of the Secured Obligations; (d) the insolvency of the Borrower, the Pledgor or any Guarantor or any other Guarantorguarantor of the obligations; or (e) any other circumstance which that might otherwise constitute a defense available to, or a discharge of, the Pledgor.

Lien Absolute. All rights of the Administrative Agent and any other Secured Party hereunder, hereunder and all obligations of the Pledgor hereunder, each Grantor hereunder shall be absolute and unconditional irrespective regardless of: (a) any lack of validity or enforceability of the Loan Credit Agreement, any Subsidiary Loan Document, any other 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 Loan Credit Agreement, any Subsidiary Loan Document, any other Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any addition, exchange, release or non-perfection of any other Collateral, Collateral or any release or release, amendment or waiver of or consent to departure from any guarantee, guaranty for all or any of the Secured Obligations; (d) the insolvency of the Borrower, the Pledgor or any other GuarantorLoan Party; or (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, any Grantor, other than termination of this Security Agreement pursuant to the Pledgorterms hereof.

Lien Absolute. All rights of the Secured Party Trustee hereunder, and all obligations of the each Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Loan AgreementIndenture, any Subsidiary Loan Document, any other Loan Note Security 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 Loan AgreementIndenture, any Subsidiary Loan Document, any other Loan Note Security Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any addition, exchange, release or non-perfection of any other Collateral, or any release or amendment or waiver of or consent to departure from any guaranteeguaranty, for all or any of the Secured Obligations; (d) the insolvency of the Borrower, the Pledgor Company or any other Guarantor; or (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, the such Pledgor or any other Pledgor.