Common use of No Assumption of Duties Clause in Contracts

No Assumption of Duties. This Assignment is executed only as security for the Obligations and, therefore, the execution and delivery of this Assignment shall not subject Assignee to, or transfer or pass to Assignee, or in any way affect or modify, the liability of Assignors under the Acquisition Agreements. In no event shall the acceptance of this Assignment by Assignee or the exercise by Assignee of any rights hereunder or assigned hereby, constitute an assumption of any liability or obligation of Assignors to any of the other parties to the Acquisition Agreements or any other persons.

No Assumption of Duties. This Assignment is executed only as security for the Obligations and, therefore, the execution and delivery of this Assignment shall not subject Assignee or the Noteholders to, or transfer or pass to Assignee, Assignee or the Noteholders or in any way affect or modify, the liability of Assignors Assignor under the Acquisition Agreements. In no event shall the acceptance of this Assignment by Assignee or the exercise by Assignee of any rights hereunder or assigned hereby, constitute an assumption of any liability or obligation of Assignors Assignor to any of the other parties to the Acquisition Agreements or any other persons.

No Assumption of Duties. This Assignment is executed only as security for the Obligations and, therefore, the execution and delivery of this Assignment shall not subject Assignee or any Lender to, or transfer or pass to AssigneeAssignee or any Lender, or in any way affect or modify, the liability of Assignors Assignor under the Acquisition Merger Agreements. In no event shall the acceptance of this Assignment by Assignee or the exercise by Assignee or any Lender of any rights hereunder or assigned hereby, constitute an assumption of any liability or obligation of Assignors Assignor or any Lender to any of the other parties to the Acquisition Merger Agreements or any other persons.