Common use of Continuing Obligations of the Grantors Clause in Contracts

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 83 contracts

Samples: Credit Agreement (Trimas Corp), Pledge Agreement (Crown Holdings Inc), Credit Agreement (Trimas Corp)

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Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 9 contracts

Samples: Credit Agreement (Crown Holdings Inc), Security Agreement (Delta Air Lines Inc /De/), Security Agreement (DT Credit Company, LLC)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Administrative Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 7 contracts

Samples: Security Agreement (Jupitermedia Corp), Security Agreement (Jupitermedia Corp), Security Agreement (Jupitermedia Corp)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform in all material respects all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 5 contracts

Samples: Security Agreement (Burlington Stores, Inc.), Security Agreement (Music123, Inc.), Security Agreement (Music123, Inc.)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees unless such Grantor’s failure to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against observe or perform any and all liability for such performancecondition or obligation would not result in a Material Adverse Effect.

Appears in 3 contracts

Samples: S. Security Agreement (Seagate Technology PLC), S. Security Agreement (Seagate Technology), Intercreditor Agreement (Seagate Technology)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement agreement, interest or instrument obligation relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to shall indemnify and hold harmless the Collateral Agent Agent, and the Secured Parties Lenders from and against any and all liability for such performanceliabilities.

Appears in 3 contracts

Samples: Security Agreement (Water Pik Technologies Inc), Security Agreement (SLM International Inc /De), Security Agreement (Airxcel Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured other Credit Parties from and against any and all liability for such performance.

Appears in 3 contracts

Samples: Intercreditor Agreement (Coldwater Creek Inc), Credit Agreement (Coldwater Creek Inc), Security Agreement (A.C. Moore Arts & Crafts, Inc.)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 3 contracts

Samples: Security Agreement (Dirsamex Sa De Cv), Security Agreement (Jafra Cosmetics International Sa De Cv), Credit Agreement (Jafra Cosmetics International Sa De Cv)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, except where the failure to do so would not have a Material Adverse Effect, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Administrative Agent and the Secured Credit Parties from and against any and all liability for such performance.

Appears in 3 contracts

Samples: Security Agreement (Zale Corp), Security Agreement (Zale Corp), Security Agreement (Z Investment Holdings, LLC)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each material contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 2 contracts

Samples: Security Agreement (Advanced Audio Concepts, LTD), Security Agreement (Advanced Audio Concepts, LTD)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees thereof to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performancesame extent as if this Agreement had not been executed.

Appears in 2 contracts

Samples: Security Agreement (Fairpoint Communications Inc), Security Agreement (Fairpoint Communications Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Credit Parties from and against any and all liability for such performanceperformance other than any failure arising from the gross negligence, willful misconduct or bad faith of any such indemnified Person.

Appears in 2 contracts

Samples: Security Agreement (Quiksilver Inc), Credit Agreement (Quiksilver Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 2 contracts

Samples: Resated Security Agreement (Consolidated Communications Illinois Holdings, Inc.), Security Agreement (Consolidated Communications Texas Holdings, Inc.)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, except where the failure to do so would not have a Material Adverse Effect, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 2 contracts

Samples: Credit Agreement (Zale Corp), Security Agreement (Zale Corp)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Credit Parties from and against any and all liability for such performance.

Appears in 2 contracts

Samples: Security Agreement (Cost Plus Inc/Ca/), Security Agreement (Rue21, Inc.)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured other Credit Parties from and against any and all liability for such performance.

Appears in 2 contracts

Samples: Security Agreement (GameStop Corp.), Security Agreement (GameStop Corp.)

Continuing Obligations of the Grantors. Each Grantor of the --------------------------------------- Grantors shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor the Grantors jointly and severally agrees agree to indemnify and hold harmless the Collateral Security Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 2 contracts

Samples: Security Agreement (Brylane Inc), Security Agreement (Brylane Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performanceperformance in accordance with Section 7.04 of this Agreement.

Appears in 1 contract

Samples: Security Agreement (Jeffboat LLC)

Continuing Obligations of the Grantors. Each Grantor of the Grantors shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally of the Grantors agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (Iowa Telecommunications Services Inc)

Continuing Obligations of the Grantors. Each As between each Grantor, on the one hand, and the Collateral Agent and the Secured Parties, on the other hand, each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (Leap Wireless International Inc)

Continuing Obligations of the Grantors. Each Grantor (rather than the Administrative Agent) shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (Delta Air Lines Inc /De/)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performanceperformance unless finally judicially determined to have arisen from the gross negligence, bad faith or willful misconduct of the indemnified party.

Appears in 1 contract

Samples: Security Agreement (Polymer Group Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties Creditors from and against any and all liability for such performanceperformance except to the other extent resulting from the gross negligence or willful misconduct of the Collateral Agent or the other Secured Creditors, as applicable.

Appears in 1 contract

Samples: Possession Security Agreement (Fairpoint Communications Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured other Credit Parties from and against any and all liability for such performance.. 4.9

Appears in 1 contract

Samples: Security Agreement

Continuing Obligations of the Grantors. Each Grantor of the Grantors shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor the Grantors jointly and severally agrees agree to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (Allen Ethan Interiors Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement agreement, interest or instrument obligation relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to shall indemnify and hold harmless the Collateral Agent Trustee, and the Secured Parties Holders from and against any and all liability for such performanceliabilities.

Appears in 1 contract

Samples: Security Agreement (SLM International Inc /De)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent Trustee and the Secured Parties from and against any and all liability for such performanceperformance except to the extent resulting from the gross negligence or willful misconduct of the Collateral Trustee or the Secured Parties.

Appears in 1 contract

Samples: Pledge and Security Agreement (GXS Investments, Inc.)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performanceperformance in accordance with the terms of Section 10.05 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Pier 1 Imports Inc/De)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless harm­less the Collateral Agent and the Secured Credit Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Amended And (GameStop Corp.)

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Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performanceperformance in accordance with the Loan Agreement.

Appears in 1 contract

Samples: Security Agreement (Jeffboat LLC)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent Trustee and the Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (Constar International Inc)

Continuing Obligations of the Grantors. Each Grantor The Grantors shall remain liable to to, at their own cost and expense, duly and punctually observe and perform all the conditions and obligations to be observed and performed by it them under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the other Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (Foodbrands America Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.severally

Appears in 1 contract

Samples: Security Agreement (Donjoy LLC)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the material conditions and obligations to be observed and performed by it under each material contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (1295728 Alberta ULC)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the CollateralCollateral , all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (Huntsman Packaging Corp)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor the Grantors jointly and severally agrees agree to indemnify and hold harmless the Collateral Agent and the other Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Credit Agreement (Phillips Van Heusen Corp /De/)

Continuing Obligations of the Grantors. Each Grantor of the Grantors shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor the Grantors jointly and severally agrees agree to indemnify and hold harmless the Collateral Security Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Amended And (Brylane Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the material conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, in each case material to its business and in accordance with its ordinary business practices, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties Junior Creditors from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (J Crew Group Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Canadian Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (Oil States International, Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance. SECTION 4.07.

Appears in 1 contract

Samples: Loan and Guaranty Agreement

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Administrative Agent and the other Secured Parties from and against any and all liability for such performanceperformance except to the extent resulting from the gross negligence or willful misconduct of the Administrative Agent or the other Secured Parties, as applicable.

Appears in 1 contract

Samples: Security Agreement (Fairpoint Communications Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform in all material respects all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties Party from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (Cell Therapeutics Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the U.S. Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (Oil States International, Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform in all material respects all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Notes Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (Sanmina Corp)

Continuing Obligations of the Grantors. Each Grantor -------------------------------------- shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Credit Agreement (Ixl Enterprises Inc)

Continuing Obligations of the Grantors. Each Grantor shall remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties Lender from and against any and all liability for such Grantor's performance.

Appears in 1 contract

Samples: Form of Security Agreement (Equivest Finance Inc)

Continuing Obligations of the Grantors. Each Grantor shall -------------------------------------- remain liable to observe and perform all the conditions and obligations to be observed and performed by it under each contract, agreement or instrument relating to the Collateral, all in accordance with the terms and conditions thereof, and each Grantor jointly and severally agrees to indemnify and hold harmless the Collateral Agent and the Secured Parties from and against any and all liability for such performance.

Appears in 1 contract

Samples: Security Agreement (Kansas City Southern Industries Inc)

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