Common use of No Release Clause in Contracts

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 6 contracts

Samples: Security Agreement (On Semiconductor Corp), Security Agreement (Entravision Communications Corp), Credit Agreement (Om Group Inc)

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No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any Pledgor Grantor from the performance of any term, covenant, condition or agreement on such PledgorGrantor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such PledgorGrantor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party for any act or omission on the part of such Pledgor Grantor relating thereto or for any breach of any representation or warranty on the part of such Pledgor Grantor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor Grantor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 3 contracts

Samples: Credit Agreement (Valvoline Inc), Credit Agreement (Ashland Global Holdings Inc), Credit Agreement (Ashland Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the ABL Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 9.12 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the ABL Credit Agreement and the other Loan Documents.

Appears in 3 contracts

Samples: Credit Agreement (Norcraft Companies, Inc.), Security Agreement (Norcraft Companies Lp), Security Agreement (Norcraft Companies, Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Security Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Pledged Collateral or Mortgaged Property or from any liability to any person under or in respect of any of the Pledged Collateral or Mortgaged Property or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement or Indenture, the other Loan DocumentsSecurity Documents and any Additional Pari Passu Agreement, or under or in respect of the Pledged Collateral or Mortgaged Property or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Pledged Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Pledged Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 10.13 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement and Indenture, the other Loan DocumentsSecurity Documents and any Additional Pari Passu Agreement.

Appears in 3 contracts

Samples: Second Lien Security Agreement (Carrols Restaurant Group, Inc.), Second Lien Security Agreement (Carrols Restaurant Group, Inc.), Security Agreement (Carrols Restaurant Group, Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any the Pledgor from the performance of any term, covenant, condition or agreement on such the Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person Person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party Lender to perform or observe any such term, covenant, condition or agreement on such the Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party Lender for any act or omission on the part of such the Pledgor relating thereto or for any breach of any representation or warranty on the part of such the Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party Lender shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party Lender be obligated to perform any of the obligations or duties of any the Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each the Pledgor contained in this Section 11.13 9.10 shall survive the termination hereof and the discharge of such the Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 2 contracts

Samples: Security Agreement (GWG Holdings, Inc.), Security Agreement (GWG Holdings, Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any the Pledgor from the performance of any term, covenant, condition or agreement on such the Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person Person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party Lender to perform or observe any such term, covenant, condition or agreement on such the Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party Lender for any act or omission on the part of such the Pledgor relating thereto or for any breach of any representation or warranty on the part of such the Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party Lender shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party Lender be obligated to perform any of the obligations or duties of any the Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each the Pledgor contained in this Section 11.13 8.12 shall survive the termination hereof and the discharge of such the Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 2 contracts

Samples: Security Agreement (American Capital, LTD), Security Agreement (American Capital Senior Floating, Ltd.)

No Release. Nothing set forth in this Agreement or any other Loan Security Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Pledged Collateral or Mortgaged Property or from any liability to any person under or in respect of any of the Pledged Collateral or Mortgaged Property or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement Indenture or the other Loan Security Documents, or under or in respect of the Pledged Collateral or Mortgaged Property or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Pledged Collateral or Mortgaged Property by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Pledged Collateral or Mortgaged Property hereunder. The obligations of each Pledgor contained in this Section 11.13 12.13 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement Indenture and the other Loan Security Documents.

Appears in 2 contracts

Samples: Security Agreement (Ryerson International Material Management Services, Inc.), Security Agreement (J.M. Tull Metals Company, Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 2 contracts

Samples: Security Agreement (Vonage Holdings Corp), Credit Agreement (Vonage Holdings Corp)

No Release. Nothing set forth in this Agreement or any other Loan Collateral Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement Indenture or the other Loan Collateral Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 12.13 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement Indenture and the other Loan Collateral Documents.

Appears in 2 contracts

Samples: Security Agreement (iPCS, INC), Security Agreement (iPCS, INC)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any Pledgor Grantor from the performance of any term, covenant, condition or agreement on such PledgorGrantor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such PledgorGrantor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party for any act or omission on the part of such Pledgor Grantor relating thereto or for any breach of any representation or warranty on the part of such Pledgor Grantor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor Grantor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor Grantor contained in this Section 11.13 shall survive the termination hereof and the discharge of such PledgorGrantor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Starwood Property Trust, Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Pledged Collateral or from any liability to any person under or in respect of any of the Pledged Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Pledged Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Pledged Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Pledged Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Security Agreement (Powerwave Technologies Inc)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor Grantor from the performance of any term, covenant, condition or agreement on such PledgorGrantor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or Person in respect of any of the Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such PledgorGrantor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor Grantor relating thereto or for any breach of any representation or warranty on the part of such Pledgor Grantor contained in this Agreement, the Credit Loan Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor Grantor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunderCollateral. The obligations of each Pledgor Grantor contained in this Section 11.13 9.11 shall survive the termination hereof and the discharge of such PledgorGrantor’s other obligations under this Agreement, the Credit Loan Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Security Agreement (Medicine Man Technologies, Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Security Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor Grantor from the performance of any term, covenant, condition or agreement on such Pledgor’s Grantor's part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or Person in respect of any of the Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s Grantor's part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor Grantor relating thereto or for any breach of any representation or warranty on the part of such Pledgor Grantor contained in this Agreement, the Credit Agreement or the other Loan Security Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything Notwithstanding anything herein to the contrary notwithstandingcontrary, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and or other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor Grantor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunderCollateral. The obligations of each Pledgor Grantor contained in this Section 11.13 9.12 shall survive the termination hereof and the discharge of such Pledgor’s Grantor's other obligations under this Agreement, the Credit Agreement Notes and the other Loan Security Documents.

Appears in 1 contract

Samples: Security Agreement (Live Current Media Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Credit Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any Pledgor Grantor from the performance of any term, covenant, condition or agreement on such Pledgor’s Grantor's part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or Person in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s Grantor's part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party for any act or omission on the part of such Pledgor Grantor relating thereto or for any breach of any representation or warranty on the part of such Pledgor Grantor contained in this Agreement, the Credit Loan Agreement or the other Loan Credit Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor Grantor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunderCollateral. The obligations of each Pledgor Grantor contained in this Section 11.13 10.12 shall survive the termination hereof and the discharge of such Pledgor’s Grantor's other obligations under this Agreement, the Credit Loan Agreement and the other Loan Credit Documents.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Galaxy Gaming, Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any the Pledgor from the performance of any term, covenant, condition or agreement on such the Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person Person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party Lender to perform or observe any such term, covenant, condition or agreement on such the Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party Lender for any act or omission on the part of such the Pledgor relating thereto or for any breach of any representation or warranty on the part of such the Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party Lender shall have any obligation or liability under any contractsContracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party Lender be obligated to perform any of the obligations or duties of any the Pledgor thereunder or to take any action to collect or enforce any such contractContract, agreement or other document included in the Collateral hereunder. The obligations of each the Pledgor contained in this Section 11.13 8.12 shall survive the termination hereof and the discharge of such the Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Security Agreement (Owl Rock Core Income Corp.)

No Release. Nothing set forth in this Agreement or any other Loan Note Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor the Grantor from the performance of any term, covenant, condition or agreement on such Pledgorthe Grantor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or Person in respect of any of the Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgorthe Grantor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor the Grantor relating thereto or for any breach of any representation or warranty on the part of such Pledgor the Grantor contained in this Agreement, the Credit Agreement Note or the other Loan Note Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall not have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor the Grantor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunderCollateral. The obligations of each Pledgor the Grantor contained in this Section 11.13 7.12 shall survive the termination hereof and the discharge of such Pledgorthe Grantor’s other obligations under this Agreement, the Credit Agreement Note and the other Loan Note Documents.

Appears in 1 contract

Samples: Security Agreement (Flyexclusive Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any the Pledgor from the performance of any term, covenant, condition or agreement on such the Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such the Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party for any act or omission on the part of such the Pledgor relating thereto or for any breach of any representation or warranty on the part of such the Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be obligated to perform any of the obligations or duties of any the Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each the Pledgor contained in this Section 11.13 shall survive the termination hereof and the discharge of such the Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Starwood Property Trust, Inc.)

No Release. Nothing set forth in this Agreement or any other Loan DocumentAgreement, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor Grantor from the performance of any term, covenant, condition or agreement on such Pledgor’s Grantor's part to be performed or observed under or in respect of any of the Pledged Collateral or from any liability to any person under or Person in respect of any of the Pledged Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party Holder to perform or observe any such term, covenant, condition or agreement on such Pledgor’s Grantor's part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party Holder for any act or omission on the part of such Pledgor Grantor relating thereto or for any breach of any representation or warranty on the part of such Pledgor Grantor contained in this Agreement, the Credit Subscription Agreement or the other Loan DocumentsDebentures, or under or in respect of the Pledged Collateral or made in connection herewith or therewithwith them. Anything herein to Neither the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party Holder shall have any obligation or liability under any contracts, agreements and other documents included in the Pledged Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party Holder be obligated to perform any of the obligations or duties of any Pledgor Grantor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunderPledged Collateral. The obligations of each Pledgor Grantor contained in this Section 11.13 8.12 shall survive the termination hereof of this Agreement and the discharge of such Pledgor’s the Grantor's other obligations under this Agreement, the Credit Subscription Agreement and the other Loan DocumentsDebentures.

Appears in 1 contract

Samples: Security Agreement (Yappn Corp.)

No Release. Section 12.02 Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor contained in this This Section 11.13 9.14 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Assignment and Assumption (Liberty Global PLC)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Security Agreement (Schulman a Inc)

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No Release. Nothing set forth in this Agreement or any other Loan Security Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement or Agreement, the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Security Agreement (Aleris Corp)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, Credit Document shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Pledged Collateral (except to the extent any Pledged Collateral consisting of a contract or agreement has been assigned to the Collateral Agent or any Secured Party following an exercise of remedies by the Collateral Agent) or from any liability to any person Person under or in respect of any of the Pledged Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement, any Credit Swap Contract, Secured Cash Management Agreement or the other Loan Security Documents, or under or in respect of the Pledged Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 2.3 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Credit Documents.. ARTICLE III

Appears in 1 contract

Samples: Security Agreement (Wynn Resorts LTD)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any Pledgor Grantor from the performance of any term, covenant, condition or agreement on such PledgorGrantor’s part to be performed or observed under or in respect of any of the Pledged Collateral or from any liability to any person under or in respect of any of the Pledged Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such PledgorGrantor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party for any act or omission on the part of such Pledgor Grantor relating thereto or for any breach of any representation or warranty on the part of such Pledgor Grantor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Pledged Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Pledged Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor Grantor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Pledged Collateral hereunder. The obligations of each Pledgor Grantor contained in this Section 11.13 10.12 shall survive the termination hereof and the discharge of such PledgorGrantor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Archipelago Learning, Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the ABL Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 10.12 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the ABL Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Security Agreement (Norcraft Companies, Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor Grantor from the performance of any term, covenant, condition or agreement on such PledgorGrantor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person Person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such PledgorGrantor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor Grantor relating thereto or for any breach of any representation or warranty on the part of such Pledgor Grantor contained in this Agreement, the Credit Loan Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor Grantor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor Grantor contained in this Section 11.13 12.8 shall survive the termination hereof and the discharge of such PledgorGrantor’s other obligations under this Agreement, the Credit Loan Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Loan Agreement (Caesars Acquisition Co)

No Release. Nothing set forth in this Agreement or any other Loan DocumentSecurity Document governed by the laws of the United States (or any state thereof), nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Pledged Collateral or from any liability to any person under or in respect of any of the Pledged Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement or the other Loan DocumentsSecurity Documents governed by the laws of the United States (or any state thereof), or under or in respect of the Pledged Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Pledged Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Pledged Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 12.13 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan DocumentsCredit Agreement.

Appears in 1 contract

Samples: Security Agreement (Ryerson Holding Corp)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Term Loan Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 9.12 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Term Loan Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Canadian Security Agreement (Norcraft Companies Lp)

No Release. Nothing set forth in this Agreement or any other Loan Note Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor Grantor from the performance of any term, covenant, condition or agreement on such PledgorGrantor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or Person in respect of any of the Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such PledgorGrantor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor Grantor relating thereto or for any breach of any representation or warranty on the part of such Pledgor Grantor contained in this Agreement, the Credit Agreement Indenture or the other Loan Note Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor Grantor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunderCollateral. The obligations of each Pledgor Grantor contained in this Section 11.13 9.11 shall survive the termination hereof and the discharge of such PledgorGrantor’s other obligations under this Agreement, the Credit Agreement Indenture and the other Loan Note Documents.

Appears in 1 contract

Samples: Security Agreement (Medicine Man Technologies, Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Finance Document, nor the exercise by the Administrative Agent Collateral Trustee of any of the rights or remedies hereunder, shall relieve any Pledgor the Grantor from the performance of any term, covenant, condition or agreement on such Pledgorthe Grantor’s part to be performed or observed under or in respect of any of the Pledged Collateral or from any liability to any person under or Person in respect of any of the Pledged Collateral or shall impose any obligation on the Administrative Agent Collateral Trustee or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgorthe Grantor’s part to be so performed or observed or shall impose any liability on the Administrative Agent Collateral Trustee or any other Secured Party for any act or omission on the part of such Pledgor the Grantor relating thereto or for any breach of any representation or warranty on the part of such Pledgor the Grantor contained in this Agreement, the Credit either Bond Agreement or the any other Loan DocumentsFinance Document, or under or in respect of the Pledged Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent Collateral Trustee nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Pledged Collateral by reason of this Agreement, nor shall the Administrative Agent Collateral Trustee or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor the Grantor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunderPledged Collateral. The obligations of each Pledgor the Grantor contained in this Section 11.13 7.15 shall survive the termination hereof and the discharge of such Pledgorthe Grantor’s other obligations under this Agreement, the Credit Agreement Bond Agreements and the any other Loan DocumentsFinance Document.

Appears in 1 contract

Samples: Pledge Agreement (Hoegh LNG Holdings Ltd.)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any the Pledgor from the performance of any term, covenant, condition or agreement on such the Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person Person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party Lender to perform or observe any such term, covenant, condition or agreement on such the Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party Lender for any act or omission on the part of such the Pledgor relating thereto or for any breach of any representation or warranty on the part of such the Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party Lender shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party Lender be obligated to perform any of the obligations or duties of any the Pledgor thereunder or to take any action to collect or enforce any such contractContract, agreement or other document included in the Collateral hereunder. The obligations of each the Pledgor contained in this Section 11.13 8.12 shall survive the termination hereof and the discharge of such the Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Security Agreement (Barings BDC, Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Collateral Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Collateral Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Collateral Agent or any other Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Term Loan Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Collateral Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Collateral Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 8.12 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Term Loan Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Security Agreement (Norcraft Companies Lp)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person Person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party Lender to perform or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party Lender for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party Lender shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party Lender be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. The obligations of each Pledgor contained in this Section 11.13 shall survive the termination hereof and the discharge of such Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Pledge Agreement (Postal Realty Trust, Inc.)

No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative Agent of any of the rights or remedies hereunder, shall relieve any the Pledgor from the performance of any term, covenant, condition or agreement on such the Pledgor’s part to be performed or observed under or in respect of any of the Collateral or from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party to perform or observe any such term, covenant, condition or agreement on such the Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other Secured Party for any act or omission on the part of such the Pledgor relating thereto or for any breach of any representation or warranty on the part of such the Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under any contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be obligated to perform any of the obligations or duties of any the Pledgor thereunder or to take any action to collect or enforce any such contract, agreement Form of Security Agreement 140812225 v1 or other document included in the Collateral hereunder. The obligations of each the Pledgor contained in this Section 11.13 8.13 shall survive the termination hereof and the discharge of such the Pledgor’s other obligations under this Agreement, the Credit Agreement and the other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Biomarin Pharmaceutical Inc)

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