Common use of No Assumption of Liability, etc Clause in Contracts

No Assumption of Liability, etc. (a) The Security Interest of any Grantor is granted as security only and shall not subject the Administrative Agent or any other Secured Creditor to, or in any way alter or modify, any obligation or liability of such Grantor with respect to or arising out of any of the Pledged Collateral.

Appears in 3 contracts

Samples: Pledge and Security Agreement (American Dental Partners Inc), Credit Agreement (American Dental Partners Inc), Pledge and Security Agreement (American Dental Partners Inc)

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No Assumption of Liability, etc. (a) The Security Interest of any Grantor granted by the Grantors herein is granted as security only and shall not subject the Administrative Collateral Agent or any other Secured Creditor to, or in any way alter or modify, any obligation or liability of such Grantor with respect to or arising out of of, any of the Pledged Collateral.

Appears in 2 contracts

Samples: Pledge and Security Agreement (American Greetings Corp), Pledge and Security Agreement (American Greetings Corp)

No Assumption of Liability, etc. (a) The Security Interest of any Grantor is granted as security only and shall not subject the Administrative Agent or any other Secured Creditor to, or in any way alter or modify, any obligation or liability of such Grantor with respect to or arising out of of, any of the Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (American Dental Partners Inc)

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No Assumption of Liability, etc. (a) The Security Interest of any Grantor granted by the Grantors herein is granted as security only and shall not subject the Administrative Agent Lender or any other Secured Creditor to, or in any way alter or modify, any obligation or liability of such Grantor with respect to or arising out of of, any of the Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Igi Laboratories, Inc)

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