Common use of Company's Duties Clause in Contracts

Company's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the Company shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this Mortgage, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of the Company under or with respect to any Collateral.

Appears in 5 contracts

Samples: Credit and Guarantee Agreement (Northwest Airlines Corp), Aircraft Mortgage and Security Agreement (Northwest Airlines Corp), Aircraft Mortgage and Security Agreement (Northwest Airlines Corp)

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Company's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the Company shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this MortgageAgreement, nor shall the Collateral Agent be required or obligated in any manner to perform or fulfill any of the obligations of the Company under or with respect to any Collateral.

Appears in 1 contract

Samples: Note Purchase Agreement (Heritage Propane Partners L P)

Company's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the Company shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Collateral and the Collateral Agent Creditor shall not have any obligations or liabilities with respect to any Collateral by reason of or arising out of this MortgageAgreement, nor shall the Collateral Agent Creditor be required or obligated in any manner to perform or fulfill any of the obligations of the Company under or with respect to any Collateral.

Appears in 1 contract

Samples: Security Agreement (Room Plus Inc)

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Company's Duties. It is expressly agreed, anything herein contained to the contrary notwithstanding, that the Company shall remain liable to perform all of the obligations, if any, assumed by it with respect to the Equipment Collateral and the Collateral Agent Lessor shall not have any obligations or liabilities with respect to any Equipment Collateral by reason of or arising out of this MortgageAgreement, nor shall the Collateral Agent Lessor be required or obligated in any manner to perform or fulfill any of the obligations of the Company under or with respect to any Equipment Collateral.

Appears in 1 contract

Samples: Security Agreement (Rite Aid Corp)

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