Common use of Limited Liability of Investors Clause in Contracts

Limited Liability of Investors. None of the Investors, shall have any personal, partnership, corporate or trust liability for the payment or performance of the Obligations. Nothing contained in this Section 13.17 or in any of the other provisions of the Loan Documents shall be construed to limit, restrict, or impede the obligations, the liabilities, and indebtedness of any Borrower Party, or of any Investor to make its Capital Contributions to Borrower in accordance with the terms of the Operating Agreement and its Subscription Agreement. Notwithstanding anything contained in this Section 13.17, the payment and performance of the Obligations shall be fully recourse to Borrower Parties and their respective properties and assets.

Appears in 11 contracts

Samples: Revolving Credit Agreement (TCW Direct Lending LLC), Revolving Credit Agreement (TCW Direct Lending VII LLC), Revolving Credit Agreement (TCW Direct Lending VIII LLC)

AutoNDA by SimpleDocs

Limited Liability of Investors. None of the Investors, shall have any personal, partnership, corporate or trust liability for the payment or performance of the Obligations. Nothing contained in this Section 13.17 13.16 or in any of the other provisions of the Loan Documents shall be construed to limit, restrict, or impede the obligations, the liabilities, and indebtedness of any Borrower Party, or of any Investor to make its Capital Contributions to any Fund Borrower in accordance with the terms of the Operating Agreement applicable Constituent Document and its Subscription Agreement. Notwithstanding anything contained in this Section 13.1713.16, the payment and performance of the Obligations shall be fully recourse to Borrower Parties and their respective properties and assets.

Appears in 3 contracts

Samples: Credit Agreement (AGTB Private BDC), Revolving Credit Agreement (Franklin BSP Capital Corp), Revolving Credit Agreement (Franklin BSP Capital Corp)

Limited Liability of Investors. None of the Investors, shall have any personal, partnership, corporate or trust liability for the payment or performance of the Obligations. Nothing contained in this Section 13.17 or in any of the other provisions of the Loan Documents shall be construed to limit, restrict, or impede the obligations, the liabilities, and indebtedness of any Borrower Party, or of any Investor to make its Capital Contributions to Borrower in accordance with the terms of the Operating Agreement and its Subscription Agreement. Notwithstanding anything contained in this Section 13.17, the payment and performance of the Obligations shall be fully recourse to Borrower Parties and their respective properties and assets.. 4890-4745-6322 v.15 149

Appears in 1 contract

Samples: Revolving Credit Agreement (TCW Direct Lending VII LLC)

Limited Liability of Investors. None of the Investors, shall have any personal, partnership, corporate or trust liability for the payment or performance of the Obligations. Nothing contained in this Section 13.17 13.16 or in any of the other provisions of the Loan Documents shall be 101 construed to limit, restrict, or impede the obligations, the liabilities, and indebtedness of any Borrower Party, or of any Investor to make its Capital Contributions to any Fund Borrower in accordance with the terms of the Operating Agreement applicable Constituent Document and its Subscription Agreement. Notwithstanding anything contained in this Section 13.1713.16, the payment and performance of the Obligations shall be fully recourse to Borrower Parties and their respective properties and assets.

Appears in 1 contract

Samples: Revolving Credit Agreement (Carlyle Secured Lending III)

AutoNDA by SimpleDocs

Limited Liability of Investors. None of the Investors, Investors shall have any personal, partnership, corporate or trust liability for the payment or performance of the Obligations. Nothing contained in this Section 13.17 11.16 or in any of the other provisions of the Loan Documents shall be construed to limit, restrict, or impede the obligations, the liabilities, and indebtedness of any Borrower Partythe Borrower, or of any Investor to make its Capital Contributions to Borrower the Fund in accordance with the terms of the its Operating Agreement and its Subscription Agreement. Notwithstanding anything contained in this Section 13.1711.16, the payment and performance of the Obligations shall be fully recourse to Borrower Parties and their respective its properties and assets.

Appears in 1 contract

Samples: Revolving Credit Agreement (TCW Direct Lending LLC)

Limited Liability of Investors. None of the Investors, shall have any personal, partnership, corporate or trust liability for the payment or performance of the Obligations. Nothing contained in this Section 13.17 or in any of the other provisions of the Loan Documents shall be construed to limit, restrict, or impede the obligations, the liabilities, and indebtedness of any Borrower Party, or of any Investor to make its Capital Contributions to Borrower in accordance with the terms of the Operating Agreement and its Subscription Agreement. 4857-3757-1665 v.17 141 Notwithstanding anything contained in this Section 13.17, the payment and performance of the Obligations shall be fully recourse to Borrower Parties and their respective properties and assets.

Appears in 1 contract

Samples: Revolving Credit Agreement (TCW Direct Lending LLC)

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