No Duty for Lender. In no event shall Lender be required either to (i) ascertain the existence of or examine any insurance policy, or (ii) advise Borrower in the event such insurance coverage shall not comply with the requirements of this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Loral Space & Communications Inc.), Loan and Security Agreement (NQL Inc)
No Duty for Lender. In no event shall Lender be required either to (i) ascertain the existence of or examine any insurance policy, policy or (ii) advise Borrower in the event such insurance coverage shall not comply with the requirements of this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Bogen Communications International Inc), Loan and Security Agreement (Programmers Paradise Inc)
No Duty for Lender. In no event shall Lender be required either to (i) ascertain the existence of or examine any insurance policy, policy or (ii) advise Borrower in the event such insurance coverage shall not comply with the requirements of this Agreement.
Appears in 1 contract
Samples: Loan, Security and Service Agreement (Easy Money Holding Corp)
No Duty for Lender. In no event shall Lender be required either to (i) ascertain the existence of or examine any insurance policy, policy or (ii) advise Borrower in the event such insurance coverage shall not comply with the requirements of this Loan Agreement.
Appears in 1 contract
Samples: Loan Agreement (Usa Detergents Inc)
