Issuer Liabilities Clause Samples
The 'Issuer Liabilities' clause defines the responsibilities and potential legal obligations of the entity issuing securities or financial instruments under an agreement. It typically outlines the circumstances under which the issuer may be held liable for losses, misrepresentations, or breaches of contract, and may specify limits or exclusions to this liability. By clearly delineating the issuer's liabilities, this clause helps allocate risk between the parties and provides transparency regarding the issuer's accountability, thereby reducing the likelihood of disputes.
Issuer Liabilities. By taking a security interest in the Collateral pursuant to this Agreement, neither Administrative Agent nor any Secured Party assumes, accepts, or becomes liable with respect to any debts, liabilities, or obligations of or owed to any issuer of any Collateral.
Issuer Liabilities. By taking a security interest in ------------------ the Collateral pursuant to this Agreement, neither the Trustee nor any Holder assumes, accepts or becomes liable with respect to any debts, liabilities or obligations of or owed to the issuer of any Collateral.
Issuer Liabilities. By taking a security interest in the Collateral pursuant to this Agreement, neither Administrative Agent nor any Secured Party assumes, accepts, or becomes liable with respect to any debts, liabilities, or obligations of or owed to any issuer of any Collateral. 151
Issuer Liabilities. By taking a security interest in the Capital Stock Collateral pursuant to this Agreement, Agent does not assume, accept, or become liable with respect to any debts, liabilities, or obligations of or owed to any Issuer of any Capital Stock Collateral.