Common use of No Reduction in Liability for Obligations Clause in Contracts

No Reduction in Liability for Obligations. No payment or payments made by an Obligor (or Bank Products Obligor) or received or collected by Agent from a Borrower or any other Person by virtue of any action or proceeding or any setoff or appropriation or application at any time or from time to time in reduction of or in payment of the Obligations shall be deemed to modify, reduce, release or otherwise affect the liability of any Borrower under this Agreement (except to the extent so reduced or paid), each of whom shall remain jointly and severally liable for the payment and performance of all Loans and other Obligations until Full Payment of the Obligations.

No Reduction in Liability for Obligations. No payment or payments made by an Obligor (or Bank Products Obligor) or received or collected by Agent Lender from a Borrower or any other Person by virtue of any action or proceeding or any setoff or appropriation or application at any time or from time to time in reduction of or in payment of the Obligations shall be deemed to modify, reduce, release or otherwise affect the liability of any Borrower under this Agreement (except to the extent so reduced or paidof such reduction of the Obligations), each of whom which shall remain jointly and severally liable for the payment and performance of all Loans and other Obligations until Full Payment of the ObligationsObligations are paid in full and the Commitments are terminated.

No Reduction in Liability for Obligations. No payment or payments made by an Obligor (a Borrower or Bank Products Obligor) Guarantor or received or collected by Agent Bank from a Borrower or any other Person by virtue of any action or proceeding or any setoff or appropriation or application at any time or from time to time in reduction of or in payment of the Obligations shall be deemed to modify, reduce, release or otherwise affect the liability of any Borrower under this Agreement (except to the extent so reduced or paidof such reduction of the Obligations), each of whom which shall remain jointly and severally liable for the payment and performance of all Loans and other Obligations until Full Payment of the ObligationsObligations are paid in full and the Agreement is terminated.

No Reduction in Liability for Obligations. No payment or payments made by an Obligor (or Bank Products Obligor) or received or collected by Administrative Agent or any Lender from a Borrower any Collateral or any other Person by virtue of any action or proceeding or any setoff or appropriation or application at any time or from time to time in reduction of or in payment of the Obligations shall be deemed to modify, reduce, release or otherwise affect the liability of any Borrower under this Agreement (except to for any of the extent so reduced or paid)remaining outstanding Obligations, each of whom which shall remain jointly and severally liable for the payment and performance of all Revolving Loans and other Obligations until Full Payment of the Obligations.

No Reduction in Liability for Obligations. No payment or payments made by an Obligor (or Bank Products Obligor) or received or collected by Agent Lender from a Borrower or any other Person by virtue of any action or proceeding or any setoff or appropriation or application at any time or from time to time in reduction of or in payment of the Obligations shall be deemed (except to the extent Obligations are satisfied) to modify, reduce, release or otherwise affect the liability of any Borrower under this Agreement (except to the extent so reduced or paid)Agreement, each of whom which shall remain jointly and severally liable for the payment and performance of all Revolver Loans and other Obligations until Full Payment of the ObligationsObligations are paid in full and the Commitment is terminated.