Common use of No Additional Liability Clause in Contracts

No Additional Liability. Nothing in this Coordination Agreement shall impose any liability or obligation on the part of any party to this Coordination Agreement to make any payment or disbursement in addition to any liability or obligation such party has under the Program Documents, except to the extent that a party has actually received funds which it is obligated to disburse pursuant to this Coordination Agreement.

Appears in 632 contracts

Samples: Omnibus Instrument (Ing Usa Annuity & Life Insurance Co), Omnibus Instrument (Ing Usa Annuity & Life Insurance Co), Omnibus Instrument (Ing Usa Annuity & Life Insurance Co)

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No Additional Liability. Nothing in this Coordination Agreement shall impose any liability or obligation on the part of any party to this Coordination Agreement to make any payment or disbursement in addition to any liability or obligation such party has under the other documents related to Global Funding's debt issuance program (the "Program Documents"), except to the extent that a party has actually received funds which it is obligated to disburse pursuant to this Coordination Agreement.

Appears in 1 contract

Samples: Series Instrument (Allstate Life Global Funding)

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