Common use of Pledgor Remains Liable Clause in Contracts

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (a) Pledgor shall remain liable under the Partnership Agreement and the other contracts and agreements included in the Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by any Secured Party of any of the rights hereunder shall not release Pledgor from any of its duties or obligations under the contracts and agreements included in the Collateral and (c) neither the Administrative Agent nor any Secured Party shall have any obligation or liability under the contracts and agreements included in the Collateral or otherwise by reason of this Agreement, nor shall the Administrative Agent or any Secured Party be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim assigned hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Orion Power Holdings Inc), Credit Agreement (Orion Power Holdings Inc), Partnership Interest Pledge Agreement (Orion Power Holdings Inc)

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Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (a) Pledgor shall remain liable under the Partnership Operating Agreement and the other contracts and agreements included in the Pledged Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by any Secured Party of any of the rights hereunder shall not release Pledgor from any of its duties or obligations under the contracts and agreements included in the Pledged Collateral and (c) neither the Administrative Collateral Agent nor any Secured Party shall have any obligation or liability under the contracts and agreements included in the Pledged Collateral or otherwise by reason of this Agreement, nor shall the Administrative Collateral Agent or any Secured Party be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim assigned hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Orion Power Holdings Inc), Credit Agreement (Orion Power Holdings Inc)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (a) Pledgor shall remain liable under the Partnership Agreement and the other contracts and agreements included in the Collateral to the extent set forth therein to perform all of its his duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by any the Secured Party of any of the rights hereunder shall not release Pledgor from any of its his duties or obligations under the contracts and agreements included in the Collateral and (c) neither the Administrative Agent nor any Secured Party shall not have any obligation or liability under the contracts and agreements included in the Collateral or otherwise by reason of this Agreement, nor shall the Administrative Agent or any Secured Party be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim assigned hereunder.

Appears in 2 contracts

Samples: Pledge Agreement (Prospect Medical Holdings Inc), Pledge Agreement (Cadiz Inc)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, : (a) Pledgor shall remain liable under the Partnership Agreement and the other contracts and agreements any document or agreement included in within the Collateral to the extent set forth therein to perform all of its duties and Pledgor’s obligations thereunder to the same extent as if this Agreement had not been executed, ; (b) the exercise by any Secured Party of any of the rights hereunder shall not release Pledgor from any of its duties or obligations under any document or agreement included within the contracts and agreements included in the Collateral Collateral; and (c) neither the Administrative Agent nor any Secured Party shall not have any obligation under any document or liability under the contracts and agreements agreement included in within the Collateral or otherwise by reason of this Agreement, nor shall the Administrative Agent or any Secured Party be obligated to perform or fulfill any of the obligations or duties of Pledgor thereunder thereunder, including any obligation to make any inquiry as to the nature or sufficiency of any payment Pledgor may be entitled to receive thereunder, to present or file any claim, or to take any action to collect or enforce any claim assigned hereunderfor payment thereunder.

Appears in 2 contracts

Samples: Pledge Agreement (Aspirity Holdings LLC), Pledge Agreement (Aspirity Holdings LLC)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (a) Pledgor shall remain liable under the each Partnership Agreement and the other contracts and agreements included in the Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by any Secured Party of any of the rights hereunder shall not release Pledgor from any of its duties or obligations under the contracts and agreements included in the Collateral and (c) neither the Administrative Agent nor any Secured Party shall have any obligation or liability under the contracts and agreements included in the Collateral or otherwise by reason of this Agreement, nor shall the Administrative Agent or any Secured Party be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim assigned hereunder.

Appears in 2 contracts

Samples: Partnership Interest Pledge Agreement (Orion Power Holdings Inc), Credit Agreement (Orion Power Holdings Inc)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (a) Pledgor shall remain liable under the each Partnership Agreement and the other contracts and agreements included in the Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by any Secured Party of any of the rights hereunder shall not release Pledgor from any of its duties or obligations under the contracts and agreements included in the Collateral and (c) neither the OPMW Administrative Agent nor any Secured Party shall have any obligation or liability under the contracts and agreements included in the Collateral or otherwise by reason of this Agreement, nor shall the OPMW Administrative Agent or any Secured Party be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim assigned hereunder.

Appears in 1 contract

Samples: Credit Agreement (Orion Power Holdings Inc)

Pledgor Remains Liable. Anything Notwithstanding anything herein to the contrary notwithstandingcontrary, (a) Pledgor shall remain liable under the Partnership Agreement organizational documents of the Company and the other all contracts and agreements included in the Pledged Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Pledge Agreement had not been executed, (b) the exercise by any Secured Party of any of the rights hereunder shall not release Pledgor from any of its duties or obligations under those organizational documents or the other contracts and agreements included in the Pledged Collateral and (c) neither the Administrative Agent nor any Secured Party shall not have any obligation or liability under those organizational documents or the other contracts and agreements included in the Pledged Collateral or otherwise by reason of this Pledge Agreement, nor shall the Administrative Agent or any Secured Party be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Above Food Ingredients Inc.)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (a) the Pledgor shall remain liable under the Partnership Agreement and the other contracts and agreements included in the Pledgor’s Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by any Secured Party the Collateral Agent of any of the rights hereunder shall not release the Pledgor from any of its duties or obligations under the contracts and agreements included in the Collateral and (c) neither the Administrative Agent nor any no Secured Party shall have any obligation or liability under the contracts and agreements included in the Collateral or otherwise by reason of this AgreementAgreement or any other Loan Document, nor shall the Administrative Agent or any Secured Party be obligated to perform any of the obligations or duties of the Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Cheniere Energy Inc)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (a) Pledgor shall remain liable under the Partnership Agreement and the other contracts and agreements included in the Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by any Secured Party of any of the rights hereunder shall not release Pledgor from any of its duties or obligations under the contracts and agreements included in the Collateral and (c) neither the OPMW Administrative Agent nor any Secured Party shall have any obligation or liability under the contracts and agreements included in the Collateral or otherwise by reason of this Agreement, nor shall the OPMW Administrative Agent or any Secured Party be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim assigned hereunder.

Appears in 1 contract

Samples: Credit Agreement (Orion Power Holdings Inc)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, : (a) Pledgor shall remain liable under the Partnership Agreement and the other contracts and agreements included in the Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, ; (b) the exercise by any Secured Party of any of the rights hereunder shall not release Pledgor from any of its duties or obligations under the contracts and agreements included in the Collateral Collateral; and (c) neither the Administrative Agent nor any Secured Party shall not have any obligation or liability under the contracts and agreements included in the Collateral or otherwise by reason of this Agreement, nor shall the Administrative Agent or any Secured Party be obligated to perform or fulfill any of the obligations or duties of Pledgor thereunder thereunder, including any obligation to make any inquiry as to the nature or sufficiency of any payment Pledgor may be entitled to receive thereunder, to present or file any claim, or to take any action to collect or enforce any claim assigned hereunderfor payment thereunder.

Appears in 1 contract

Samples: Pledge Agreement (Huntco Inc)

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Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (a) Pledgor shall remain liable under the Partnership Operating Agreement and the other contracts and agreements included in the Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by any Secured Party of any of the rights hereunder shall not release Pledgor from any of its duties or obligations under the contracts and agreements included in the Collateral and (c) neither the Administrative Agent nor any Secured Party shall have any obligation or liability under the contracts and agreements included in the Collateral or otherwise by reason of this Agreement, nor shall the Administrative Agent or any Secured Party be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim assigned hereunder.

Appears in 1 contract

Samples: Credit Agreement (Orion Power Holdings Inc)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (a) the Pledgor shall remain liable under the Partnership Agreement any contracts, agreements and the other contracts and agreements documents included in the Collateral Pledged Collateral, to the extent set forth therein therein, to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by any Secured Party the Administrative Agent of any of the rights granted to the Administrative Agent hereunder shall not release the Pledgor from any of its duties or obligations under the contracts any such contracts, agreements and agreements other documents included in the Collateral Pledged Collateral, and (c) neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under the contracts any such contracts, agreements and agreements other documents included in the Pledged Collateral or otherwise 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 the Pledgor thereunder or to take any action to collect or enforce any claim assigned such contract, agreement or other document included in the Pledged Collateral hereunder.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Extreme Networks Inc)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (a) Pledgor shall remain liable under the Partnership Operating Agreement and the other contracts and agreements included in the Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by any Secured Party of any of the rights hereunder shall not release Pledgor from any of its duties or obligations under the contracts and agreements included in the Collateral and (c) neither the OPMW Administrative Agent nor any Secured Party shall have any obligation or liability under the contracts and agreements included in the Collateral or otherwise by reason of this Agreement, nor shall the OPNY Administrative Agent or any Secured Party be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim assigned hereunder.

Appears in 1 contract

Samples: Credit Agreement (Orion Power Holdings Inc)

Pledgor Remains Liable. Anything herein Notwithstanding anything to the contrary notwithstandingcontained herein, (ai) Pledgor shall remain liable under the Partnership Agreement and the other contracts and agreements included in the Collateral Collateral, if any, to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, ; (bii) the exercise by any the Secured Party of any of the its rights hereunder shall not release Pledgor from any of its Pledgor’s duties or obligations under the contracts and agreements included in the Collateral Collateral, if any; and (ciii) neither the Administrative Agent nor any Secured Party shall have any no obligation or liability under the contracts and agreements included in related to the Collateral or otherwise by reason of this Agreement, nor shall the Administrative Agent or any Secured Party be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Appears in 1 contract

Samples: Amended And (Blackstone Holdings I L.P.)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (a) Pledgor shall remain liable under the each Partnership Agreement and the other contracts and agreements included in the Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by any Secured Party of any of the rights hereunder shall not release Pledgor from any of its duties or obligations under the contracts and agreements included in the Collateral and (c) neither the Administrative Agent nor any Secured Party shall have any obligation or liability under the contracts and agreements included in the Collateral or otherwise by reason of this 2 249 Agreement, nor shall the Administrative Agent or any Secured Party be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim assigned hereunder.

Appears in 1 contract

Samples: Partnership Interest Pledge Agreement (Orion Power Holdings Inc)

Pledgor Remains Liable. Anything herein to the contrary notwithstanding, (a) Pledgor shall remain liable under the Partnership Agreement and the other contracts and agreements included in the Collateral to the extent set forth therein to perform all of its duties and obligations thereunder to the same extent as if this Agreement had not been executed, (b) the exercise by any Secured Party of any of the rights hereunder shall not release Pledgor from any of its duties or obligations under the contracts and agreements included in the Collateral and (c) neither the OPNY Administrative Agent nor any Secured Party shall have any obligation or liability under the contracts and agreements included in the Collateral or otherwise by reason of this Agreement, nor shall the OPNY Administrative Agent or any Secured Party be obligated to perform any of the obligations or duties of Pledgor thereunder or to take any action to collect or enforce any claim assigned hereunder.

Appears in 1 contract

Samples: Credit Agreement (Orion Power Holdings Inc)

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