Common use of Issuer Liabilities Clause in Contracts

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.

Appears in 2 contracts

Samples: Pledge Agreement (World Access Inc /New/), Pledge Agreement (World Access Inc /New/)

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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

Appears in 1 contract

Samples: Credit Agreement (Ixc Communications Inc)

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Issuer Liabilities. By taking a security interest in the Collateral pursuant to this Agreement, neither Administrative Agent Lender 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.

Appears in 1 contract

Samples: Credit Agreement (Itc Deltacom Inc)

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