Common use of Dissemination of Information Clause in Contracts

Dissemination of Information. Agent will provide Lenders with any information received by Agent from Borrower which is required to be provided to a Lender hereunder; provided, however, that Agent shall not be liable to Lenders for any failure to do so, except to the extent that such failure is attributable to Agent's gross negligence or willful misconduct.

Appears in 9 contracts

Samples: Loan and Security Agreement (Chief Auto Parts Inc), Loan and Security Agreement (Industrial Data Systems Corp), Loan and Security Agreement (Continental Information Systems Corp)

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Dissemination of Information. Agent will use its best efforts to provide Lenders with any information received by Agent from Borrower or any other Loan Party which is required to be provided to a Lender hereunder; provided, however, provided that Agent shall not be liable to Lenders for any failure to do so, except to the extent that such failure is attributable to Agent's gross negligence or willful misconduct.

Appears in 6 contracts

Samples: Credit Agreement (Cherokee International Corp), Credit Agreement (Cherokee International Corp), Credit Agreement (O2wireless Solutions Inc)

Dissemination of Information. The Agent will provide the Lenders with any information received by the Agent from the Borrower which is required to be provided to a Lender the Agent or to the Lenders hereunder; provided, however, that the Agent shall not be liable to any one or more the Lenders for any failure to do so, except to the extent that such failure is attributable to the Agent's gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Loan and Security Agreement (BPC Holding Corp), Financing and Security Agreement (Reunion Industries Inc)

Dissemination of Information. Agent will provide Lenders with any ---------------------------- information received by Agent from Borrower which is required to be provided to a Lender hereunder; provided, however, that Agent shall not be liable to Lenders -------- ------- for any failure to do so, except to the extent that such failure is attributable to Agent's gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Loan and Security Agreement (Tower Air Inc), Loan and Security Agreement (Tower Air Inc)

Dissemination of Information. The Agent will provide the Lenders with any information received by the Agent from the Borrower which that is required to be provided to a Lender the Agent or to the Lenders hereunder; provided, however, that the Agent shall not be liable to any one or more the Lenders for any failure to do so, except to the extent that such failure is attributable to the Agent's ’s gross negligence or willful misconductmisconduct as determined by a final non-appealable order by a court of competent jurisdiction.

Appears in 2 contracts

Samples: Financing and Security Agreement (Dcap Group Inc), Financing and Security Agreement (Dcap Group Inc)

Dissemination of Information. Agent will provide Lenders with any information received by Agent from Borrower which is required to be provided to a Lender Agent or to Lenders hereunder; provided, however, that Agent shall not be liable to any one or more Lenders for any failure to do so, except to the extent that such failure is attributable to Agent's ’s gross negligence or willful misconduct.

Appears in 1 contract

Samples: Loan and Security Agreement (Sunrise Senior Living Inc)

Dissemination of Information. Agent will provide Lenders with any ---------------------------- information received by Agent from Borrower Borrowers which is required to be provided to a Lender hereunder; provided, however, that Agent shall not be liable to Lenders -------- ------- for any failure to do so, except to the extent that such failure is attributable to Agent's gross negligence or willful misconduct.

Appears in 1 contract

Samples: Loan and Security Agreement (Hawker Pacific Aerospace)

Dissemination of Information. Each Agent will provide Lenders with any information received by such Agent from Borrower Loan Parties which is required to be provided to a Lender hereunder; provided, however, that no II-109 Agent shall not be liable to Lenders for any failure to do so, except to the extent that such failure is attributable to such Agent's gross negligence or willful misconduct.

Appears in 1 contract

Samples: Loan and Security Agreement (Comforce Operating Co)

Dissemination of Information. Agent will provide Lenders with ---------------------------- any information received by Agent from Borrower which is required to be provided to a Lender hereunder; provided, however, that Agent shall not be liable to Lenders for any failure to do so, except to the extent that such failure is attributable to Agent's gross negligence or willful misconduct.

Appears in 1 contract

Samples: Tender Offer Loan Agreement (Lund International Holdings Inc)

Dissemination of Information. The Agent will provide the Lenders with any information received by the Agent from Borrower which is required to be provided to a Lender the Agent or to the Lenders hereunder; provided, however, that the Agent shall not be liable to any one or more the Lenders for any failure to do so, except to the extent that such failure is attributable to the Agent's gross negligence or willful misconduct.

Appears in 1 contract

Samples: Loan and Security Agreement (Environmental Safeguards Inc/Tx)

Dissemination of Information. Agent will use its best efforts to provide Lenders with any information received by Agent from Borrower Borrowers which is required to be provided to a Lender hereunder; provided, however, that Agent shall not be liable to Lenders for any failure to do so, except to the extent that such failure is attributable to Agent's gross negligence or willful misconduct.

Appears in 1 contract

Samples: Loan and Security Agreement (Jan Bell Marketing Inc)

Dissemination of Information. The Agent will provide the Lenders with any information received by the Agent from Borrower the Borrowers which is required to be provided to a Lender the Agent or to the Lenders hereunder; provided, however, that the Agent shall not be liable to Lenders any Lender for any failure to do so, except to the extent that such failure is attributable to the Agent's ’s gross negligence or willful misconduct.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Vse Corp)

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Dissemination of Information. Agent will provide Lenders ---------------------------- with any information received by Agent from Borrower any Loan Party which is required to be provided to a Lender hereunder; provided, however, that Agent shall not be liable to Lenders for any failure to do so, except to the extent that such failure is attributable to Agent's gross negligence or willful misconduct.

Appears in 1 contract

Samples: Loan and Security Agreement (Gradall Industries Inc)

Dissemination of Information. The Agent will provide the Lenders with any information received by the Agent from Borrower the Borrowers which is required to be provided to a Lender the Agent or to the Lenders hereunder; provided, however, that the Agent shall not be liable to Lenders any Lender for any failure to do so, except to the extent that such failure is attributable to the Agent's gross negligence or willful misconduct.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Vse Corp)

Dissemination of Information. Agent will use its best efforts to provide Lenders with any information received by Agent from Borrower which is required to be provided to a Lender hereunder; provided, however, that Agent shall not be liable to Lenders for any failure to do so, except to the extent that such failure is attributable to Agent's gross negligence or willful misconduct.

Appears in 1 contract

Samples: Loan and Security Agreement (North Face Inc)

Dissemination of Information. Agent will provide Lenders with any information received by Agent from Borrower Holdings and Borrowers which is required to be provided to a Lender hereunder; provided, however, that Agent shall not be liable to Lenders for any failure to do so, except to the extent that such failure is attributable to Agent's gross negligence or willful misconduct.

Appears in 1 contract

Samples: Loan and Security Agreement (Uniforce Temporary Personnel Inc)

Dissemination of Information. Agent will provide Lenders with any information received by Agent from Borrower Loan Parties which is required to be provided to a Lender hereunder; provided, however, that Agent shall not be liable to Lenders for any failure to do so, except to the extent that such failure is attributable to Agent's gross negligence or willful misconduct.

Appears in 1 contract

Samples: Loan and Security Agreement (Comforce Corp)

Dissemination of Information. The Agent will provide Lenders with any information received by the Agent from Borrower which is required to be provided to a Lender hereunder; provided, however, that the Agent shall not be liable to Lenders for any failure to do so, except to the extent that such failure is attributable to the Agent's ’s gross negligence or willful misconduct.

Appears in 1 contract

Samples: Credit and Security Agreement (Tower Air Inc)

Dissemination of Information. The Agent will provide the Lenders with any information received by the Agent from Borrower which is required to be provided to a Lender the Agent or to the Lenders hereunder; provided, however, that the Agent shall not be liable to any -------- ------- one or more the Lenders for any failure to do so, except to the extent that such failure is attributable to the Agent's gross negligence or willful misconduct.

Appears in 1 contract

Samples: Loan and Security Agreement (Cahill Edward L)

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