Common use of Assistance of Third Parties Clause in Contracts

Assistance of Third Parties. Buyer hereby acknowledges, confirms and understands that Seller has no responsibility or liability whatsoever to Buyer arising out of or related to any third parties’ failure to assist or cooperate with Buyer. Seller is not liable for the potential failure or refusal of third parties to assist or cooperate with Buyer or Seller in the effective transfer, assignment, and conveyance of the purchased Loan and the Loan Documents.

Appears in 2 contracts

Samples: Loan Sale Agreement, Loan Sale Agreement (TNP Strategic Retail Trust, Inc.)

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Assistance of Third Parties. Buyer hereby agrees, acknowledges, confirms and understands that Seller has shall have no responsibility or liability whatsoever to Buyer arising out of or related to any third parties’ party's failure to assist or cooperate with Buyer. Seller In addition, Buyer is not relying upon the continued actions or efforts of Seller or any third party in connection with its decision to purchase the Assets, except as set forth in the Servicing Agreement. Notwithstanding the forgoing, the Seller shall be liable for the potential failure or refusal of third parties to assist or cooperate with Buyer or Seller all obligations included in the effective transfer, assignment, and conveyance of the purchased Loan and the Loan DocumentsServicing Agreement.

Appears in 1 contract

Samples: Purchase and Sale Contract (Idt Corp)

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Assistance of Third Parties. Buyer hereby acknowledges, confirms and understands that Seller has no responsibility or liability whatsoever to Buyer arising out of or related to any third parties’ failure to assist or cooperate with Buyer. Seller is not liable for the potential failure or refusal of third parties to assist or cooperate with Buyer or Seller in the effective transfer, assignment, and conveyance of the purchased Loan and the Loan DocumentsFile.

Appears in 1 contract

Samples: Non Recourse Loan Sale Agreement (United American Healthcare Corp)

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