Common use of Pledgors Remain Liable Clause in Contracts

Pledgors Remain Liable. Anything herein to the contrary notwithstanding, (a) each Pledgor shall remain liable under the contracts and agreements included in such 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 the Collateral Trustee of any of the rights hereunder shall not release any Pledgor from any of its duties or obligations under the contracts and agreements included in the Collateral and (c) no holder of Parity Lien Obligations shall have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement or any other Parity Lien Document, nor shall any holder of Parity Lien Obligations be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Pledgors Remain Liable. Anything herein to the contrary notwithstanding, (a) each Pledgor shall remain liable under the contracts and agreements included in such 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 the Collateral Trustee of any of the rights hereunder shall not release any Pledgor from any of its duties or obligations under the contracts and agreements included in the Collateral and (c) no holder of Parity Junior Lien Obligations shall have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement or any other Parity Junior Lien Document, nor shall any holder of Parity Junior Lien Obligations be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Pledgors Remain Liable. Anything herein to the contrary notwithstanding, (ai) each Pledgor Pledgors shall remain liable under the contracts and agreements included in such Pledgor’s or relating to the Collateral to the extent set forth therein to perform all of its their duties and obligations thereunder to the same extent as if this Agreement had not been executed, (bii) the exercise by the Collateral Trustee Lender of any of the rights hereunder shall not release any Pledgor Pledgors from any of its their duties or obligations under the contracts and agreements included in or relating to the Collateral and (ciii) no holder of Parity Lien Obligations the Lender shall not have any obligation or liability under the contracts and agreements included in or relating to the Collateral by reason of this Agreement or any other Parity Lien DocumentAgreement, nor shall any holder of Parity Lien Obligations the Lender be obligated to perform any of the obligations or duties of any Pledgor Pledgors thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.

Pledgors Remain Liable. Anything herein to the contrary notwithstanding, (a) each Pledgor shall remain liable under the contracts and agreements included in such Pledgor’s '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 the Collateral Trustee Trustees of any of the rights hereunder shall not release any Pledgor from any of its duties or obligations under the contracts and agreements included in the Collateral and (c) no holder of Parity Lien Obligations neither the Collateral Trustees nor any Secured Holder shall have any obligation or liability under the contracts and agreements included in the Collateral by reason of this Agreement or any other Parity Lien DocumentSecured Agreement, nor shall the Collateral Trustees or any holder of Parity Lien Obligations Secured Holder be obligated to perform any of the obligations or duties of any Pledgor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder.