Common use of PLEDGOR’S DUTIES Clause in Contracts

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 26 contracts

Sources: First Lien Pledge Agreement (PAE Inc), Abl Pledge Agreement (PAE Inc), Second Lien Pledge Agreement (PAE Inc)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in PledgorPledgee’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 12 contracts

Sources: Pledge Agreement, Security Agreement and Pledge Agreement (Ciena Corp), Credit Agreement (Walter Investment Management Corp)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s 's possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 8 contracts

Sources: Pledge Agreement (Westborn Service Center, Inc.), Pledge Agreement (Dominos Inc), Pledge Agreement (RCN Corp /De/)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 7 contracts

Sources: Pledge Agreement (Town Sports International Holdings Inc), Credit Agreement (Silgan Holdings Inc), Pledge Agreement (Town Sports International Holdings Inc)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the issuer of Collateral and the Pledgee shall not have any obligations or liabilities liabilities, except as expressly set forth herein, with respect to any the Collateral or the issuer of Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 3 contracts

Sources: Credit Agreement (Strategic Hotels & Resorts, Inc), Credit Agreement (Strategic Hotels & Resorts, Inc), Credit Agreement (Strategic Hotels & Resorts, Inc)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in the Pledgor’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any the Pledgor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Hypothecation Agreement (Directv Holdings LLC), Hypothecation Agreement (Directv Group Inc)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s possession, nor shall the Pledgee Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Pledge Agreement (CURO Group Holdings Corp.), Pledge Agreement (CURO Group Holdings Corp.)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s 's possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any the Pledgor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Pledge Agreement (TAL International Group, Inc.), Pledge Agreement (RCN Corp /De/)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s 's possession, nor shall the Pledgee Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Term Loan Credit Agreement (Performance Sports Group Ltd.), Abl Credit Agreement (Performance Sports Group Ltd.)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral Collateral, and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in PledgorPledgee’s possessionpossession and return of such Collateral upon the termination of this Agreement, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Pledge and Collateral Agreement (Bp PLC), Pledge and Collateral Agreement (Bp PLC)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstandingnotwith-stand-ing, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations obli-gations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping safe-keep-ing of Collateral actually in Pledgor’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Pledge Agreement (RCN Corp /De/), Pledge Agreement (Pure Biofuels Corp)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any the Pledgor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Security Agreement (Pacific Alliance Group LTD), Pledge Agreement (Town Sports International Holdings Inc)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s ’ s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 2 contracts

Sources: Pledge Agreement (CURO Group Holdings Corp.), Short Term Credit Agreement (CURO Group Holdings Corp.)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral Collateral, and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any the Pledgor under or with respect to any Collateral.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Amerus Life Holdings Inc)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgorthe Collateral Agent’s possession, nor shall the Pledgee Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 1 contract

Sources: Credit Agreement (Affinity Gaming, LLC)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain jointly and severally liable to perform all of the obligations, if any, assumed by it with respect to the Collateral Collateral, and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor of the Pledgors under or with respect to any Collateral.

Appears in 1 contract

Sources: Pledge Agreement (Superior National Insurance Group Inc)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Pledge Agreement, except for the safekeeping of Collateral actually in Pledgor’s possession, nor shall the Pledgee Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of any the Pledgor under or with respect to any of the Collateral.

Appears in 1 contract

Sources: Pledge Agreement (BGLS Inc)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any CollateralC▇▇▇▇▇▇▇▇▇.

Appears in 1 contract

Sources: Pledge Agreement (STG Group, Inc.)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgorthe Pledgee’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 1 contract

Sources: Pledge Agreement (Central Texas Corridor Hospital Company, LLC)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the issuer of Collateral and the Pledgee shall not have any obligations or liabilities liabilities, except as expressly set forth herein, with respect to any the Collateral or the issuer of Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any the Pledgor under or with respect to any Collateral.

Appears in 1 contract

Sources: Credit Agreement (Strategic Hotels & Resorts, Inc)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in PledgorPledgee’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any the Pledgor under or with respect to any Collateral.

Appears in 1 contract

Sources: Pledge Agreement (Wakefield Cable Communications LTD)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgorthe Pledgee’s possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any the Pledgor under or with respect to any Collateral.

Appears in 1 contract

Sources: Pledge Agreement (TAL International Group, Inc.)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgorthe Pledgee’s possessionpossession or obligations expressly assumed by the Pledgee, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 1 contract

Sources: Credit Agreement (Capella Healthcare, Inc.)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee and the other Secured Creditors shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in PledgorPledgee’s possession, nor shall the Pledgee or any other Secured Creditor be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 1 contract

Sources: Credit Agreement (Trizec Properties Inc)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each the Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s the Pledgee's possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any the Pledgor under or with respect to any Collateral.

Appears in 1 contract

Sources: Pledge Agreement (TAL International Group, Inc.)

PLEDGOR’S DUTIES. It is expressly agreed, anything herein contained to the contrary notwithstanding, that each Pledgor shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Pledgee shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Agreement, except for the safekeeping of Collateral actually in Pledgor’s the Pledgee's possession, nor shall the Pledgee be required or obligated in any manner to perform or fulfill any of the obligations of any Pledgor under or with respect to any Collateral.

Appears in 1 contract

Sources: Pledge Agreement (VHS of Anaheim Inc)