Common use of Lien Absolute Clause in Contracts

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

Lien Absolute. All rights of Lender the Agent hereunder, and all obligations of Pledgor each Debtor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the any Loan AgreementDocument, any other document executed in connection with any 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 other Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any exchange, release or n n 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 (ed) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgorany Debtor.

Lien Absolute. All rights of Lender Agent hereunder, and all obligations of Pledgor Grantor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Loan Credit Agreement, any other Loan Document or any other agreement or instrument governing or evidencing any 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 Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Credit Agreement, any other Loan Document or any other agreement or instrument governing or evidencing any Obligations; (c) any exchange, release or n n 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 Obligations; (d) the insolvency of any Credit PartyPerson; or (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, PledgorGrantor.

Lien Absolute. All rights of Lender the Agent hereunder, and all obligations of each Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the any Loan AgreementDocument, any other document executed in connection with any 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 other Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any exchange, release or n n 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 (ed) any other circumstance which might otherwise constitute a defense available to, or a discharge of, any Pledgor, other than payment in full of the Secured Obligations and the termination of the Credit Agreement in accordance with its terms, and subject to the provisions of Section 14.

Lien Absolute. All rights of Lender Secured Party hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Loan Agreement, any other Loan Document Credit 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 Loan Agreement, any other Loan Document Credit Agreement or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any exchange, release or n n 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; (d) the insolvency of any Credit Party; or (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.

Lien Absolute. All rights of Lender the Agent hereunder, and all obligations of each Pledgor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the any Loan AgreementDocument, any other document executed in connection with any 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 other Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any exchange, release or n n 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 (ed) any other circumstance which might otherwise constitute a defense available to, or a discharge of, any Pledgor.

Lien Absolute. All rights of Lender the Agent hereunder, and all obligations of Pledgor each Debtor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the any Loan AgreementDocument, any other document executed in connection with any 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 other Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; (c) any exchange, release or n n 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 (ed) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgorany Debtor, other than payment in full of the Secured Obligations and the termination of the Credit Agreement in accordance with its terms, and subject to the provisions of Section 19.

Lien Absolute. All rights of Lender Agent hereunder, and all obligations of Pledgor each Grantor hereunder, shall be absolute and unconditional irrespective of: (a) any lack of validity or enforceability of the Loan Credit Agreement, any other Loan Document or any other agreement or instrument governing or evidencing any 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 Obligations, or any other amendment or waiver of or any consent to any departure from the Loan Credit Agreement, any other Loan Document or any other agreement or instrument governing or evidencing any Obligations; (c) any exchange, release or n n 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 Obligations; (d) the insolvency of any Credit PartyPerson; or (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgorany Grantor.