Common use of No Release of Collateral Clause in Contracts

No Release of Collateral. Borrowers and Guarantors further acknowledge and agree that this Amendment shall in no way occasion a release of any collateral held by Administrative Agent as security to or for the Loans, and that all collateral held by Administrative Agent as security to or for the Loans shall continue to secure the Loans.

Appears in 4 contracts

Samples: Fourth Loan Documents Modification Agreement, Fourth Loan Documents Modification Agreement (PRGX Global, Inc.), Seventh Loan Documents Modification Agreement (PRGX Global, Inc.)

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No Release of Collateral. Borrowers and Guarantors further acknowledge and agree that (x) this Amendment shall in no way occasion a release of any collateral held by Administrative Agent as security to or for the Loans, ; and that (y) all collateral held by Administrative Agent as security to or for the Loans shall continue to secure the Loans.

Appears in 3 contracts

Samples: Loan Documents Modification Agreement (PRGX Global, Inc.), Loan Documents Modification Agreement (PRGX Global, Inc.), Eleventh Loan Documents Modification Agreement (PRGX Global, Inc.)

No Release of Collateral. Borrowers and Guarantors further acknowledge and agree that this Amendment shall in no way occasion a release of any collateral held by Administrative Agent as security to or for the Loans, and that all collateral held by Administrative Agent as security to or for the Loans shall continue to secure the Loans.

Appears in 2 contracts

Samples: Third Loan Documents Modification Agreement (PRGX Global, Inc.), Second Loan Documents Modification Agreement (PRGX Global, Inc.)

No Release of Collateral. Borrowers and Guarantors further acknowledge and agree that this Amendment and Waiver shall in no way occasion a release of any collateral held by Administrative Agent as security to or for the Loans, and that all collateral held by Administrative Agent as security to or for the Loans shall continue to secure the Loans.

Appears in 2 contracts

Samples: Sixth Loan Documents Modification Agreement and Waiver (PRGX Global, Inc.), Fifth Loan Documents Modification Agreement and Waiver (PRGX Global, Inc.)

No Release of Collateral. Borrowers and Guarantors further acknowledge and agree that neither this Amendment nor the Amended & Restated Credit Agreement shall in no any way occasion a release of any collateral held by Administrative Agent as security to or for the Loans, and that all collateral held by Administrative Agent as security to or for the Loans shall continue to secure the Loans.

Appears in 1 contract

Samples: Eighth Loan Documents Modification Agreement (PRGX Global, Inc.)

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No Release of Collateral. Borrowers Borrower and the Subsidiary Guarantors further acknowledge and agree that this Amendment shall in no way occasion a release of any collateral held by Administrative Agent as security to or for the Loans, and that all collateral held by Administrative Agent as security to or for the Loans shall continue to secure the Loans.

Appears in 1 contract

Samples: Loan Documents (Easylink Services International Corp)

No Release of Collateral. Borrowers and Guarantors further acknowledge and agree that this Amendment shall in no way occasion a release of any collateral held by Administrative Agent as security to or for the Loans, and that all collateral held by Administrative Agent as security to or for the Loans shall continue to secure the Loans.. 10264921v3

Appears in 1 contract

Samples: Ninth Loan Documents Modification Agreement (PRGX Global, Inc.)

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