No Liability Imposed on Lender. Lender shall not be obligated to perform or discharge, nor does it hereby undertake to perform or discharge any obligation, duty, or liability, nor shall this Agreement operate to place responsibility for the control, care, or management of the Equipment upon Lender.
Appears in 7 contracts
Samples: Security Agreement, Security Agreement, Loan Agreement Minnesota Investment Fund
No Liability Imposed on Lender. The Lender shall not be obligated to perform or discharge, nor does it hereby undertake to perform or discharge any obligation, duty, duty or liability, liability nor shall this Security Agreement operate to place responsibility for the control, care, management or management repair of the Equipment upon Lenderthe Lender nor shall it operate to make the Lender responsible for any dangerous or defective condition of the Equipment.
Appears in 2 contracts
Samples: Security Agreement (Lightning Gaming, Inc.), Security Agreement (Lightning Gaming, Inc.)
No Liability Imposed on Lender. The Lender shall not be obligated to perform or discharge, nor does it hereby undertake to perform or discharge any obligation, duty, or liability, nor shall this Security Agreement operate to place responsibility for the control, care, or management of the Equipment upon the Lender.
Appears in 1 contract
Samples: Security Agreement
No Liability Imposed on Lender. Lender shall not be obligated to perform or discharge, nor does it hereby undertake to perform or discharge any obligation, duty, duty or liabilityliability under the Software License Agreement, nor shall this Agreement operate to place responsibility for the control, care, management or management repair of the Equipment Software upon LenderLender nor for the carrying out of any of the terms and conditions of the Software License Agreement, nor shall it operate to make Lender responsible for any dangerous or defective condition of the Software.
Appears in 1 contract
Samples: Loan Agreement (Sheldahl Inc)
No Liability Imposed on Lender. The Lender shall not be obligated to perform or discharge, nor does it hereby undertake to perform or discharge any obligation, duty, duty or liability, nor shall this Security Agreement operate to place responsibility for the control, care, management or management repair of the Equipment upon the Lender, nor shall it operate to make the Lender responsible for any dangerous or defective condition of the Equipment.
Appears in 1 contract