Common use of Release or Forbearance Clause in Contracts

Release or Forbearance. No release or forbearance by Assignee of any of the Assignor obligations under the Loan Agreement or Note shall release the Assignor from any of its obligations under the Lease, including the Assignor obligation to perform all of the terms, covenants and conditions contained in the Lease.

Appears in 2 contracts

Sources: Collateral Assignment of Lease, Collateral Assignment of Lease