ANY OTHER SECURED PARTY.
ALL AMOUNTS DUE UNDER THIS SECTION 7.03 SHALL BE
PAYABLE ON WRITTEN DEMAND THEREFOR.
SECTION 7.04. SUCCESSORS AND ASSIGNS.
WHENEVER IN THIS AGREEMENT ANY OF THE
PARTIES HERETO IS REFERRED TO, SUCH REFERENCE SHALL BE DEEMED TO INCLUDE THE
PERMITTED SUCCESSORS AND ASSIGNS OF SUCH PARTY; AND ALL COVENANTS, PROMISES AND
AGREEMENTS BY OR ON BEHALF OF ANY GUARANTOR, GRANTOR OR THE ADMINISTRATIVE AGENT
THAT ARE CONTAINED IN THIS AGREEMENT SHALL BIND AND INURE TO THE BENEFIT OF
THEIR RESPECTIVE SUCCESSORS AND ASSIGNS.
SECTION 7.05. SURVIVAL OF AGREEMENT.
ALL COVENANTS, AGREEMENTS, REPRESENTATIONS
AND WARRANTIES MADE BY THE LOAN PARTIES IN THE LOAN DOCUMENTS AND IN THE
CERTIFICATES OR OTHER INSTRUMENTS PREPARED OR DELIVERED IN CONNECTION WITH OR
PURSUANT TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT SHALL BE CONSIDERED TO
HAVE BEEN RELIED UPON BY THE LENDERS AND SHALL SURVIVE THE EXECUTION AND
DELIVERY OF THE LOAN DOCUMENTS AND THE MAKING OF ANY LOANS, REGARDLESS OF ANY
INVESTIGATION MADE BY ANY LENDER OR ON ITS BEHALF AND NOTWITHSTANDING THAT THE
ADMINISTRATIVE AGENT OR ANY LENDER MAY HAVE HAD NOTICE OR KNOWLEDGE OF ANY
DEFAULT OR INCORRECT REPRESENTATION OR WARRANTY AT THE TIME ANY CREDIT IS
EXTENDED UNDER THE CREDIT AGREEMENT, AND SHALL CONTINUE IN FULL FORCE AND EFFECT
AS LONG AS THE PRINCIPAL OF OR ANY ACCRUED INTEREST ON ANY LOAN OR ANY FEE OR
ANY OTHER AMOUNT PAYABLE UNDER ANY LOAN DOCUMENT IS OUTSTANDING AND UNPAID AND
SO LONG AS THE COMMITMENTS HAVE NOT EXPIRED OR TERMINATED.
SECTION 7.06. COUNTERPARTS; EFFECTIVENESS; SEVERAL AGREEMENT.
THIS AGREEMENT
MAY BE EXECUTED IN COUNTERPARTS (AND BY DIFFERENT PARTIES HERETO ON DIFFERENT
COUNTERPARTS), EACH OF WHICH SHALL CONSTITUTE AN ORIGINAL, BUT ALL OF WHICH WHEN
TAKEN TOGETHER SHALL CONSTITUTE A SINGLE CONTRACT.
DELIVERY OF AN EXECUTED
SIGNATURE PAGE TO THIS AGREEMENT BY FACSIMILE OR OTHER ELECTRONIC IMAGING SHALL
BE AS EFFECTIVE AS DELIVERY OF A MANUALLY SIGNED COUNTERPART OF THIS AGREEMENT.
THIS AGREEMENT SHALL BECOME EFFECTIVE AS TO ANY LOAN PARTY WHEN A COUNTERPART
HEREOF EXECUTED ON BEHALF OF SUCH LOAN PARTY SHALL HAVE BEEN DELIVERED TO THE
ADMINISTRATIVE AGENT AND A COUNTERPART HEREOF SHALL HAVE BEEN EXECUTED ON BEHALF
OF THE ADMINISTRATIVE AGENT, AND THEREAFTER SHALL BE BINDING UPON SUCH LOAN
PARTY AND THE ADMINISTRATIVE AGENT AND THEIR RESPECTIVE PERMITTED SUCCESSORS AND
ASSIGNS, AND SHALL INURE TO THE BENEFIT OF SUCH LOAN PARTY, THE ADMINISTRATIVE
AGENT AND THE OTHER SECURED PARTIES AND THEIR RESPECTIVE SUCCESSORS AND ASSIGNS,
EXCEPT THAT NO LOAN PARTY SHALL HAVE THE RIGHT TO ASSIGN OR TRANSFER ITS RIGHTS
OR OBLIGATIONS HEREUNDER OR ANY INTEREST HEREIN (AND ANY SUCH ASSIGNMENT OR
TRANSFER SHALL BE VOID) EXCEPT AS EXPRESSLY PERMITTED BY THE CREDIT AGREEMENT.
THIS AGREEMENT SHALL BE CONSTRUED AS A SEPARATE AGREEMENT WITH RESPECT TO EACH
LOAN PARTY AND MAY BE AMENDED, MODIFIED, SUPPLEMENTED, WAIVED OR RELEASED WITH
RESPECT TO ANY LOAN PARTY WITHOUT THE APPROVAL OF ANY OTHER LOAN PARTY AND
WITHOUT AFFECTING THE OBLIGATIONS OF ANY OTHER LOAN PARTY HEREUNDER.
SECTION 7.07. SEVERABILITY.
ANY