Liability of Lender. Lender, by the acceptance and performance of this Agreement, does not assume any liability, and Borrower hereby releases Lender and Lender’s agents, employees and attorneys from any such liability, and no claim shall be made by Borrower upon Lender or such employees or agents for or on account of any matter or thing in excess of the balance of the Loan proceeds not yet advanced to Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Axion International Holdings, Inc.), Loan and Security Agreement (Tactical Solution Partners, Inc.)
Liability of Lender. Lender, by the acceptance and performance of this Agreement, does not assume any liability, and Borrower hereby releases Lender and Lender’s agents, any of its individual agents or employees and attorneys from any such liability, and no claim shall be made by Borrower upon Lender or such employees or agents for or on account of any matter or thing in excess of the balance of the Loan proceeds Proceeds not yet advanced to Borrower.
Appears in 2 contracts
Samples: Promissory Note and Loan Agreement (Sign Media Systems Inc), Promissory Note and Loan Agreement (Sign Media Systems Inc)
Liability of Lender. Lender, by the acceptance and performance of this Agreement, does not assume any liability, and Borrower Assignor hereby releases Lender and Lender’s agents, employees and attorneys from any such liability, and no claim shall be made by Borrower Assignor upon Lender or such employees or agents for or on account of any matter or thing in excess of the balance of the Loan proceeds not yet advanced to Borrowerthing.
Appears in 1 contract
Samples: Security Agreement (Water Now, Inc.)