Common use of Responsibility for Collateral Clause in Contracts

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants 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 175 contracts

Samples: Security Agreement (Modern Technology Corp), Security Agreement (Us Wireless Online Inc), Security Agreement (Stronghold Technologies Inc)

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Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes Debentures and the Warrants 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 50 contracts

Samples: Security Agreement (Clickable Enterprises Inc), Security Agreement (Clickable Enterprises Inc), Security Agreement (ID Global Solutions Corp)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants 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 26 contracts

Samples: Security Agreement (Camelot Entertainment Group, Inc.), Security Agreement (NaturalNano , Inc.), Security Agreement (Camelot Entertainment Group, Inc.)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants Debentures 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 17 contracts

Samples: Security Agreement (IGIA, Inc.), Security Agreement (IGIA, Inc.), Security Agreement (Conectisys Corp)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants Note 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 10 contracts

Samples: Security Agreement (GreenHouse Holdings, Inc.), Security Agreement (Flux Power Holdings, Inc.), Guaranty and Security Agreement (Flux Power Holdings, Inc.)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants Transaction Documents 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 10 contracts

Samples: Security Agreement (US Energy Initiatives CORP), Security Agreement (Enigma Software Group, Inc), Security Agreement (Eagle Broadband Inc)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants 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 5 contracts

Samples: Security Agreement, Security Agreement, Subscription Agreement (Originclear, Inc.)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes Debentures and the Warrants Warrant 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 5 contracts

Samples: Security Agreement (Phoenix International Industries Inc /Fl/), Intellectual Property Security Agreement (Orbit Technologies Inc /De/), Security Agreement (Orbit Technologies Inc /De/)

Responsibility for Collateral. The Company assumes all liabilities and ----------------------------- responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes Debentures and the Warrants 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 (Roanoke Technology Corp), Security Agreement (Roanoke Technology Corp), Security Agreement (E Resources Inc)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes Note and the Warrants 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 3 contracts

Samples: Security Agreement (ID Global Solutions Corp), Security Agreement (Basin Water, Inc.), Security Agreement (Digicorp)

Responsibility for Collateral. The Company assumes all liabilities and ------------------------------- responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants Transaction Documents 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 2 contracts

Samples: Security Agreement (Locateplus Holdings Corp), Security Agreement (Simplagene Usa Inc)

Responsibility for Collateral. The Company assumes all liabilities ----------------------------- and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes Debentures and the Warrants 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 2 contracts

Samples: Security Agreement (Airtech International Group Inc), Security Agreement (Amnis Systems Inc)

Responsibility for Collateral. The Company assumes all liabilities and ------------------------------- responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes Debentures and the Warrants 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 2 contracts

Samples: Exhibit 10 (Torbay Holdings Inc), Security Agreement (Marketcentral Net Corp)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes Certificate of Designation and the Warrants 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 2 contracts

Samples: Intellectual Property Security Agreement (Celexx Corp), Security Agreement (Celexx Corp)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes Note and the Warrants Purchase Agreement 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 2 contracts

Samples: Security Agreement (Thinspace Technology, Inc.), Security Agreement (Thinspace Technology, Inc.)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Promissory Notes and the Warrants this 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.. The Company shall be liable:

Appears in 1 contract

Samples: Loan Agreement (Artfest International Inc)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants Notes, 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 1 contract

Samples: Security Agreement (Market & Research Corp.)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Senior Notes and the Warrants 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 1 contract

Samples: Security Agreement (Market Central Inc)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants Debentures 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. 10.

Appears in 1 contract

Samples: Security Agreement (Conectisys Corp)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants Secured Note 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 1 contract

Samples: Security Agreement (Adial Pharmaceuticals, Inc.)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Secured Notes and the Warrants 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 1 contract

Samples: Security Agreement (Adial Pharmaceuticals, Inc.)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants shall in no way be affected or diminished by reason of the loss, destruction, damage or theft of any of the Collateral or its unenforceability or unavailability for any reason.

Appears in 1 contract

Samples: Security Agreement (Calypte Biomedical Corp)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants Debenture 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 1 contract

Samples: Security Agreement (AMP Holding Inc.)

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Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes Note and the Warrants Warrant 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 1 contract

Samples: Security Agreement (Quest Minerals & Mining Corp)

Responsibility for Collateral. The Company assumes all liabilities ----------------------------- and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes Debentures and the Warrants Warrant 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 1 contract

Samples: Security Agreement (Aquatic Cellulose International Corp)

Responsibility for Collateral. The Company assumes all ----------------------------- liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants 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 1 contract

Samples: Security Agreement (Med Gen Inc)

Responsibility for Collateral. The Company assumes all --------------------------------- liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants Debentures 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 1 contract

Samples: Intellectual Property Security Agreement (Demarco Energy Systems of America Inc)

Responsibility for Collateral. The Company assumes all --------------------------------- liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes Debentures and the Warrants 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 1 contract

Samples: Security Agreement (Demarco Energy Systems of America Inc)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants Loan Agreement 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 1 contract

Samples: Borrower Security Agreement (Goldspring Inc)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants Settlement Agreement or other Transaction Documents 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 1 contract

Samples: Security Agreement (Goldspring Inc)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants 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 1 contract

Samples: Security Agreement (Sentinel Emergency Response Technology, Inc.)

Responsibility for Collateral. The Company assumes all liabilities ----------------------------- and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants 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 1 contract

Samples: Security Agreement (Mt Ultimate Healthcare Corp)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the The Company hereunder or the obligations of the Company under the Notes and the Warrants Note 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 1 contract

Samples: Security Agreement (SONDORS Inc.)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants Securities Purchase Agreement or Note 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 1 contract

Samples: Security Agreement (New Era Marketing Inc)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Secured Notes and the Warrants 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 1 contract

Samples: Security Agreement (ID Global Solutions Corp)

Responsibility for Collateral. The Each Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the each Company hereunder or under the Notes Note and the Warrants 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 1 contract

Samples: Security Agreement (Splinternet Holdings Inc)

Responsibility for Collateral. The Company assumes all liabilities and ------------------------------ responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants 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 1 contract

Samples: Security Agreement (Pediatric Prosthetics Inc)

Responsibility for Collateral. The Company assumes all liabilities and responsibility in connection with all Collateral, and the obligations of the Company hereunder or under the Notes and the Warrants Senior Secured Note 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 1 contract

Samples: Security Agreement (Staar Surgical Co)

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