No Delegation. No participation or sub-participation shall operate as a delegation of any duty of the seller thereof. Under no circumstances shall any participation or sub-participation be deemed a novation in respect of all or any part of the seller's obligations pursuant to this Agreement.
Appears in 12 contracts
Samples: Loan Agreement (Matthews International Corp), Loan Agreement (Matthews International Corp), Loan Agreement (Matthews International Corp)
No Delegation. No participation or sub-participation subparticipation shall operate as a delegation of any duty of the seller thereof. Under no circumstances circumstance shall any participation or sub-participation subparticipation be deemed a novation in respect of all or any part of the seller's obligations pursuant to this Agreement.
Appears in 7 contracts
Samples: Assignment Agreement (Shiloh Industries Inc), Credit Agreement (Om Group Inc), Credit and Security Agreement (Erico Products Inc)
No Delegation. No participation or sub-participation shall operate as a delegation of any duty of the seller thereof. Under no circumstances circumstance shall any participation or sub-participation be deemed a novation in respect of all or any part of the seller's obligations pursuant to this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Amcast Industrial Corp), Credit Agreement (Amcast Industrial Corp), Credit Agreement (Park Ohio Industries Inc)
No Delegation. No participation or sub-participation shall operate as a delegation of any duty of the seller thereof. Under no circumstances shall any participation or sub-participation be deemed a novation in respect of all or any part of the seller's ’s obligations pursuant to this Agreement.. Section 10.7
Appears in 2 contracts
Samples: Credit and Security Agreement (Columbus McKinnon Corp), Credit and Security Agreement (Columbus McKinnon Corp)
No Delegation. No participation or sub-participation shall operate as a delegation of any duty of the seller thereof. Under no circumstances shall any participation or sub-participation be deemed a novation in respect of all or any part of the seller's ’s obligations pursuant to this Agreement.
Appears in 1 contract
No Delegation. No participation or sub-participation shall operate as a delegation of any duty of the seller thereof. Under no circumstances shall any participation or sub-participation be deemed a novation in respect of all or any part of the seller's ’s obligations pursuant to this Agreement.
Appears in 1 contract
Samples: Credit and Security Agreement (Bausch Health Companies Inc.)
No Delegation. No participation or sub-participation shall operate as a delegation of any duty of the seller thereof. Under no circumstances shall any participation or sub-participation be deemed a novation in respect of all or any part of the seller's seller‘s obligations pursuant to this Agreement.
Appears in 1 contract
Samples: Credit and Security Agreement (Bausch Health Companies Inc.)
No Delegation. No participation or sub-participation subparticipation shall operate as a delegation of any duty of the seller thereofof such participation or subparticipation. Under no circumstances circumstance shall any participation or sub-participation subparticipation be deemed a novation in respect of all or any part of the sellerselling Lender's obligations pursuant to this Agreement.. 104 111
Appears in 1 contract
