Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligation of the Company hereunder or under any of the JNC Transaction Documents, and shall in no way be affected or diminished by reason of the loss, destruction, damage, or theft of any of the Collateral or its unavailability for any reason.
Appears in 4 contracts
Samples: Security Agreement (Innovacom Inc), Security Agreement (Innovacom Inc), Security Agreement (Innovacom Inc)
