Common use of No Assumption or Modification Clause in Contracts

No Assumption or Modification. The Security Interest is given to secure the prompt, unconditional and complete payment and performance of the Obligation when due, and is given as security only. Secured Party does not assume and shall not be liable for any liabilities, duties, or obligations of Pledgor under or in connection with the Collateral. Secured Party’s acceptance of this Agreement, or its taking any action in carrying out this Agreement, does not constitute Secured Party’s approval of the Collateral or Secured Party’s assumption of any obligation under or in connection with the Collateral. This Agreement does not affect or modify Pledgor’s obligations with respect to the Collateral.

No Assumption or Modification. The Security Interest is given to secure the prompt, unconditional and complete payment and performance of the Obligation Obligations when due, and is given as security only. Secured Party does not assume and shall not be liable for any of Debtors' liabilities, duties, or obligations of Pledgor Obligations under or in connection with the Collateral. Secured Party’s 's acceptance of this Agreement, or its taking any action in carrying out this Agreement, does not constitute Secured Party’s 's approval of the Collateral or Secured Party’s 's assumption of any obligation obligations under or in connection with the Collateral. This Agreement does not affect or modify Pledgor’s Debtors' obligations with respect to the Collateral.

No Assumption or Modification. The Security Interest is given as security only in order to secure the prompt, unconditional unconditional, and complete payment and performance of the Secured Obligation when due, and is given as security only. Secured Party does not assume and shall or may not be become liable for any Pledgor's liabilities, duties, or obligations of Pledgor under or in connection with the Collateral. Neither Secured Party’s 's acceptance of this Agreement, or agreement nor its taking any action in carrying out this Agreement, does not constitute agreement constitutes Secured Party’s 's approval of the Collateral or Secured Party’s 's assumption of any obligation under or in connection with the Collateral. This Agreement agreement does not affect or modify Pledgor’s 's obligations with respect to the any Collateral.

No Assumption or Modification. The Security Interest is given to secure the prompt, unconditional and complete payment and performance of the Obligation when due, and is given as security only. Secured Party does not assume and shall not be liable for any of Debtor's liabilities, duties, or obligations of Pledgor under or in connection with the Collateral. Secured Party’s 's acceptance of this Agreement, or its taking any action in carrying out this Agreement, does not constitute Secured Party’s 's approval of the Collateral or Secured Party’s 's assumption of any obligation under or in connection with the Collateral. This Agreement does not affect or modify Pledgor’s Debtor's obligations with respect to the Collateral.

No Assumption or Modification. The Security Interest is given as security only in order to secure the prompt, unconditional and complete payment and performance of the Obligation when due, and is given as security only. Neither Secured Party does not assume and shall not be nor any Lender assumes or may become liable for any Debtors' liabilities, duties, duties or obligations of Pledgor under or in connection with the Collateral. Neither Secured Party’s 's acceptance of this Agreement, or agreement nor its taking any action in carrying out this Agreementagreement, does not constitute constitutes Secured Party’s 's approval of the Collateral or Secured Party’s 's assumption of any obligation under or in connection with the Collateral. This Agreement agreement does not affect or modify Pledgor’s any Debtors' obligations with respect to the any Collateral.

No Assumption or Modification. The Security Interest is given to secure the prompt, unconditional and complete payment and performance of the Obligation when due, and is given as security only. Secured Party does not assume and shall not be liable for any of Pledgors' liabilities, duties, or obligations of Pledgor under or in connection with the Collateral. Secured Party’s 's acceptance of this Pledge Agreement, or its taking any action in carrying out this Pledge Agreement, does not constitute Secured Party’s 's approval of the Collateral or Secured Party’s 's assumption of any obligation under or in connection with the Collateral. This Pledge Agreement does not affect or modify Pledgor’s Pledgors' obligations with respect to the Collateral.