Common use of Certain Rights of the Lenders Clause in Contracts

Certain Rights of the Lenders. In connection with the covenants set forth in this Section 6.06, it is understood and agreed that none of the Agents, the Lenders or their respective agents or employees shall be liable for any loss or damage insured by the insurance policies required to be maintained under this Section 6.06, it being understood that the Group Companies shall look solely to their insurance companies or any other parties other than the aforesaid parties for the recovery of such loss or damage.

Appears in 5 contracts

Samples: Credit Agreement (Hillman Companies Inc), Credit Agreement (Amf Bowling Worldwide Inc), Credit Agreement (Hillman Companies Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!