OBLIGATIONS OF GRANTOR. Grantor warrants and covenants to Lender as follows:
OBLIGATIONS OF GRANTOR. Grantor warrants and covenants to Raab as follows: 2.1 Xxxntor agrees to execute such financing statements and to take whatever other actions are reasonably requested by Raab to perfect and continue Raax'x security interest in the Xxxxxteral. Upon the request of Raab, Grantor will deliver to Rxxx any and all of the documentx xxidencing or constituting the Collateral, and Grantor will note Raab's interest upon any and all xxxxxel paper if not delivered to Raab for possession by Raab. Graxxxx hereby appoints Raxx xs its irrevocable attornxx-xn-fact for the purpose of executing any documents necessary to perfect or to continue the security interest granted in this Agreement. Raab may at any time and without xxxther authorization from Grantor, file a carbon, photographic, or other reproduction of any financing statement or of this Agreement for use as a financing statement. Grantor will reimburse Raab for all reasonable expensxx xor the perfection and the continuation of the perfection of Raab's security interest in the xxxxxxeral. Grantor promptly will notify Raab before any change in Grantxx'x name including any change to the assumed business name of the Grantor. This is a continuing Security Agreement and will continue in effect even though all or any part of the Indebtedness is paid in full and even though for a period of time the Grantor may not be indebted to Raab. 3.
OBLIGATIONS OF GRANTOR. Grantor represents and warrants as follows:
OBLIGATIONS OF GRANTOR. In addition to and not in derogation or substitution of any of the obligations, undertakings, terms and conditions or covenants set out elsewhere in this Agreement, the Grantor agrees and undertake as under:
OBLIGATIONS OF GRANTOR. Grantor covenants to Lender as follows:
OBLIGATIONS OF GRANTOR. GRANTOR undertakes and agrees with GRANTEE the following and all other terms and conditions of the Agreement:
OBLIGATIONS OF GRANTOR a. Grantor has the sole discretion to limit the general public’s winter w heeled vehicularmotor vehicle access along the Road by locking the existing cattleguard gate and requiring that the 12’ Gate located at the cattleguards shown on the Plat be closed and locked, as necessary for health, safety, and welfare.
OBLIGATIONS OF GRANTOR. 30 8.09 Successors and Assigns..................................... 30 8.10
OBLIGATIONS OF GRANTOR. Time is of the essence with respect to ---------------------- all of the Grantor's covenants and agreements under this Deed of Trust and all of such covenants and agreements shall run with the land. All obligations of the Grantor under this Deed of Trust shall be performed and satisfied by or on behalf of the Grantor at the Grantor's sole cost and expense.
OBLIGATIONS OF GRANTOR. (a) Anything herein to the contrary notwithstanding, (i) Grantor shall remain liable (subject to Section 7.16(c)) under each of the Gas Receivables to observe and perform all the conditions and obligations to be observed and performed by it thereunder, all in accordance with the terms of any agreement giving rise thereto; (ii) neither the Collateral Agent nor any other Secured Party shall have any obligation or liability, and Grantor shall not be released from any obligation or liability, under any agreement giving rise to, or any instrument or document relating to, a Gas Receivable by reason of or arising out of any provision of this Agreement or the receipt by the Collateral Agent or any other Secured Party of payment relating thereto or the exercise by the Collateral Agent of any rights assigned hereunder; and (iii) neither the Collateral Agent nor any other Secured Party shall be obligated in any manner to perform any of the obligations of Grantor under or pursuant to any agreement giving rise to a Gas Receivable, to make any payment, to make any commitment or inquiry as to the nature or the sufficiency of any payment received by it or as to the sufficiency of any performance by any party thereunder, to present or file any claim or notice, to take any action to enforce any performance or to collect the payment of any amounts which may have been assigned to it or to which it may be entitled at any time or times, and no action taken or omitted to be taken by the Collateral Agent with respect to the Collateral or any part thereof shall give rise to any defense, counterclaim or offset in favor of Grantor or, other than for losses sustained through the Collateral Agent's gross negligence or willful misconduct (as determined by a final non-appealable judgment rendered by a court of competent jurisdiction), to any claim or action against the Collateral Agent. The provisions of this Section shall in no event relieve Grantor of any of its obligations hereunder with respect to the Collateral or any part thereof or impose any obligation on the Collateral Agent to proceed in any particular manner with respect to the Collateral or any part thereof, or in any way limit the exercise by the Collateral Agent of any other or further right which it may have on the date of this Agreement or hereafter, whether hereunder, by law or otherwise.
