Common use of Direct Liability Clause in Contracts

Direct Liability. Nothing contained in this Section 2.13 shall limit the liability of any Borrower to pay the Loan made directly or indirectly to that Borrower (including the Loan advanced to any other Borrower and then re-loaned or otherwise transferred to, or for the benefit of, such Borrower), and all accrued interest, fees, expenses and other related Obligations with respect thereto, for which such Borrower shall be primarily liable for all purposes hereunder.

Appears in 2 contracts

Samples: Credit Agreement (RMG Networks Holding Corp), Credit Agreement (SCG Financial Acquisition Corp.)

AutoNDA by SimpleDocs

Direct Liability. Nothing contained in this Section 2.13 2.12 shall limit the liability of any Borrower to pay the Loan Loans made directly or indirectly to that Borrower (including the Loan Loans advanced to any other Borrower and then re-loaned or otherwise transferred to, or for the benefit of, such Borrower), and all accrued interest, fees, expenses and other related Obligations with respect thereto, for which such Borrower shall be primarily liable for all purposes hereunder.

Appears in 2 contracts

Samples: Loan Agreement (Orion Group Holdings Inc), Loan and Security Agreement (Alliance Entertainment Holding Corp)

Direct Liability. Nothing contained in this Section 2.13 2.12 shall limit the liability of any Borrower to pay the Loan Loans made directly or indirectly to that Borrower (including the Loan advanced to any other Borrower and then re-loaned or otherwise transferred to, or for the benefit of, such Borrower), and all accrued interest, fees, expenses and other related Obligations with respect thereto, for which such Borrower shall be primarily liable for all purposes hereunder.

Appears in 2 contracts

Samples: Credit and Security Agreement (Katy Industries Inc), Credit and Security Agreement (Katy Industries Inc)

Direct Liability. Nothing contained in this Section 2.13 2.15 shall limit the liability of any Borrower to pay the Loan Loans made directly or indirectly to that Borrower (including the Loan Loans advanced to any other Borrower and then re-loaned or otherwise transferred to, or for the benefit of, such Borrower), and all accrued interest, fees, expenses and other related Obligations with respect thereto, for which such Borrower shall be primarily liable for all purposes hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Purple Innovation, Inc.), Credit Agreement (Roadrunner Transportation Systems, Inc.)

Direct Liability. Nothing contained in this Section 2.13 2.15 shall limit the liability of any Borrower to pay the Loan Loans made directly or indirectly to that Borrower (including the Loan Loans advanced to any other Borrower and then re-loaned or otherwise transferred to, or for the benefit of, such Borrower), and all accrued interest, fees, expenses and other related Obligations with respect thereto, for which such Borrower shall be primarily liable for all purposes hereunder.. 42

Appears in 1 contract

Samples: Credit Agreement (Roadrunner Transportation Systems, Inc.)

AutoNDA by SimpleDocs

Direct Liability. Nothing contained in this Section 2.13 Article 11 shall limit the liability of any Borrower to pay the Loan Loans made directly or indirectly to that Borrower (including the Loan Loans advanced to any other Borrower and then re-loaned re‑loaned or otherwise transferred to, or for the benefit of, such Borrower), ) and all accrued interest, fees, expenses and other related Obligations with respect thereto, for which such Borrower shall be primarily liable for all purposes hereunder.

Appears in 1 contract

Samples: Credit Agreement (Lendway, Inc.)

Direct Liability. Nothing contained in this Section 2.13 shall limit the liability of any Borrower to pay the Term Loan made directly or indirectly to that Borrower (including the Loan advanced to any other Borrower and then re-loaned or otherwise transferred to, or for the benefit of, such Borrower), and all accrued interest, fees, expenses and other related Obligations with respect thereto, for which such Borrower shall be primarily liable for all purposes hereunder.

Appears in 1 contract

Samples: Junior Credit Agreement (SCG Financial Acquisition Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.