Common use of No Limitations, Etc Clause in Contracts

No Limitations, Etc. (a) (a) Except for termination or release of Holdings’ obligations hereunder as expressly provided for in paragraph 27 and subject to paragraph 3, the obligations of Holdings hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Holdco Guaranteed Obligations, the Holdco Guaranteed Secured Obligations or otherwise (other than defense of payment or performance upon the payment in full of all Holdco Guaranteed Obligations and the Holdco Guaranteed Secured Obligations). Without limiting the generality of the foregoing, subject to paragraph 3, the obligations of Holdings hereunder shall not be discharged or impaired or otherwise affected by:

Appears in 2 contracts

Samples: Guaranty and Pledge Agreement (CAESARS ENTERTAINMENT Corp), Guaranty and Pledge Agreement (CAESARS ENTERTAINMENT Corp)

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No Limitations, Etc. (a) (a) Except for termination or release of Holdings’ obligations hereunder as expressly provided for in paragraph 27 and subject to paragraph 3paragraphs 2, 3 and 4, the obligations of Holdings hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to any defense or setoff, counterclaim, recoupment or termination whatsoever by reason of the invalidity, illegality or unenforceability of the Holdco Guaranteed Obligations, the Holdco Guaranteed Secured Obligations or otherwise (other than defense of payment or performance upon the payment in full of all Holdco Guaranteed Obligations and the Holdco Guaranteed Secured Obligationsperformance). Without limiting the generality of the foregoing, subject to paragraph 3paragraphs 2, 3 and 4, the obligations of Holdings hereunder shall not be discharged or impaired or otherwise affected by:

Appears in 2 contracts

Samples: Guaranty and Pledge Agreement (Caesars Entertainment Operating Company, Inc.), Credit Agreement (Caesars Entertainment Operating Company, Inc.)

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