Common use of Lien Absolute Clause in Contracts

Lien Absolute. All rights of 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 Note, any other documents executed in connection therewith 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 Note, any other documents executed in connection therewith 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, amendment, waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; (d) the insolvency of Pledgor; or (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.

Lien Absolute. All rights of 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 NoteAgreement, any other documents executed in connection therewith Basic 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 NoteReimbursement Agreement, any other documents executed in connection therewith Basic Document 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, amendment, 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 Company or Pledgor; or or (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.

Lien Absolute. All rights of Secured Party the Lender hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of: : (a) any lack of validity or enforceability of the NoteLoan Agreement, any other documents executed in connection therewith 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 NoteLoan Agreement, any other documents executed in connection therewith Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations; ; (c) any exchange, release or non-perfection non‑perfection of any other Collateral, or any release, amendment, 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 PledgorPledgor or any guarantor; or or (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.

Lien Absolute. All rights of 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 Note, any other documents executed in connection therewith 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 Note, any other documents executed in connection therewith 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, amendment, waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; ; (d) the insolvency of Pledgor; or or (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.

Lien Absolute. All rights of 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 NoteSecurities Purchase Agreement, any other documents executed in connection therewith 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 NoteSecurities Purchase Agreement, any other documents executed in connection therewith Investment Document or any other agreement or instrument governing or evidencing any Secured Obligations; ; (c) any exchange, release or non-perfection of any other Collateral, Collateral or any releaserelease or amendment or waiver of, amendment, waiver of or consent to departure from any guarantyguaranty for, for all or any of the Secured Obligations; ; (d) the insolvency of PledgorPledgor or any Guarantor or any other guarantor of the obligations; or or (e) any other circumstance which that might otherwise constitute a defense available to, or a discharge of, Pledgor.

Lien Absolute. All rights of Secured Party Lender hereunder, and all obligations of each Pledgor hereunder, shall be absolute and unconditional irrespective of: : (a) any lack of validity or enforceability of the NoteCredit Agreement, any other documents executed in connection therewith Loan Document or any other agreement or instrument 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 NoteCredit Agreement, any other documents executed in connection therewith Loan Document or any other agreement or instrument Instrument governing or evidencing any Secured Obligations; ; (c) any exchange, release or non-perfection of any other Collateral, Collateral or any releaserelease or amendment or waiver of, amendment, waiver of or consent to departure from any guarantyguaranty for, for all or any of the Secured Obligations; ; (d) the insolvency of any Pledgor; or or (e) any other circumstance which that might otherwise constitute a defense available to, or a discharge of, such Pledgor.

Lien Absolute. All rights of Secured Party hereunder, and all obligations of Pledgor hereunder, shall be absolute and unconditional irrespective of: : (a) any lack of validity or enforceability of any of the NotePurchase Agreement, any other documents executed in connection therewith 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 NotePurchase Agreement, any other documents executed in connection therewith Note Document 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, amendment, 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 Pledgorany Pledgor or any subsidiary thereof; or or (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, Pledgor.