Common use of Continuing Liability of the Loan Parties Clause in Contracts

Continuing Liability of the Loan Parties. The Security Interests are granted as security only and shall not subject the Collateral Agent or any Finance Party to, or transfer or in any way affect or modify, any obligation or liability of any Loan Party with respect to any of the Collateral or any transaction in connection therewith.

Appears in 4 contracts

Samples: Pledge Agreement (Duane Reade Holdings Inc), Pledge Agreement (Duane Reade), Pledge Agreement (Central Credit, LLC)

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Continuing Liability of the Loan Parties. The Security Interests are granted as security only and shall not subject the Collateral Agent or any Finance Party to, or transfer or in any way affect or modify, any obligation or liability of any Loan Party with respect to any of the Pledged Collateral or any transaction in connection therewith.

Appears in 1 contract

Samples: Pledge Agreement (Verifone Systems, Inc.)

Continuing Liability of the Loan Parties. The Security Interests are granted as security only and shall not subject the Collateral Agent or any Finance Secured Party to, or transfer or in any way affect or modify, any obligation or liability of any Loan Party with respect to any of the Collateral or any transaction in connection therewith.

Appears in 1 contract

Samples: Pledge Agreement (Life Technologies Corp)

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Continuing Liability of the Loan Parties. The Security Interests are Interest is granted as security only and shall not subject the Senior Collateral Agent or any Senior Finance Party to, or transfer or in any way affect or modify, any obligation or liability of any Loan Party with respect to any of the Collateral or any transaction in connection therewith.

Appears in 1 contract

Samples: Pledge Agreement (VeriFone Holdings, Inc.)

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