Common use of No Partnership, Etc Clause in Contracts

No Partnership, Etc. The Secured Parties and the Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement or in any other Loan Document shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by, between or among the Secured Parties and the Borrower or any other Person. The Secured Parties shall not be in any way responsible or liable for the indebtedness, losses, obligations or duties of the Borrower or any other Person with respect to the Project or otherwise. All obligations to pay real property or other Taxes, assessments, insurance premiums, and all other fees and Periodic Expenses arising from the ownership, operation or occupancy of the Project and to perform all obligations under the agreements and contracts relating to the Project shall be the sole responsibility of the Borrower and the other Owners (and, as between the Borrower and the other Owners, as provided in the Owner Documents).

Appears in 2 contracts

Samples: Loan Guarantee Agreement (Georgia Power Co), Loan Guarantee Agreement (Georgia Power Co)

AutoNDA by SimpleDocs

No Partnership, Etc. The Secured Parties and the Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement any of the Credit Documents, and no action taken by the Lenders pursuant hereto or in any other Loan Document thereto, shall be deemed or construed to create a partnership, an association, tenancy-in-common, joint tenancy, joint venture or co-ownership by, by or between or among the Secured Parties and the Borrower or any other Person. The No Secured Parties Party shall not be in any way responsible or liable for the indebtednessdebts, losses, obligations or duties of the Borrower or any other Person with respect to the Project Projects or otherwise. All obligations to pay real property or other Taxes, assessments, insurance premiums, and all other fees and Periodic Expenses charges arising from the ownership, operation or occupancy of the Project Projects (if any) and to perform all obligations under the and other agreements and contracts relating to the Project Projects shall be the sole responsibility of the Borrower and the other Owners (and, as between the Borrower and the other Owners, as provided in the Owner Documents)Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Bloom Energy Corp), Credit Agreement (Bloom Energy Corp)

No Partnership, Etc. The Secured Parties and the Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement or in any other Loan Document shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by, between or among the Secured Parties and the Borrower or any other Person. The Secured Parties shall not be in any way responsible or liable for the indebtedness, losses, obligations or duties of the Borrower or any other Person with respect to the Project or otherwise. All obligations to pay real property or other Taxestaxes, assessments, insurance premiums, and all other fees and Periodic Expenses arising from the ownership, operation or occupancy of the Project and to perform all obligations under the agreements and contracts relating to the Project shall be the sole responsibility of the Borrower and the other Owners (and, as between the Borrower and the other Owners, as provided in the Owner Documents).

Appears in 2 contracts

Samples: Loan Guarantee Agreement (Oglethorpe Power Corp), Loan Guarantee Agreement (Oglethorpe Power Corp)

No Partnership, Etc. The Secured Parties and the Borrower Borrowers intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement any of the Credit Documents, and no action taken by the Lenders pursuant hereto or in any other Loan Document thereto, shall be deemed or construed to create a partnership, an association, tenancy-in-common, joint tenancy, joint venture or co-ownership by, by or between or among the Secured Parties and the Borrower Borrowers or any other Person. The No Secured Parties Party shall not be in any way responsible or liable for the indebtednessdebts, losses, obligations or duties of the Borrower Borrowers or any other Person with respect to the Project or otherwise. All obligations to pay real property or other Taxestaxes, assessments, insurance premiums, and all other fees and Periodic Expenses charges arising from the ownership, operation or occupancy of the Project (if any) and to perform all obligations under the and other agreements and contracts relating to the Project shall be the sole responsibility of the Borrower and the other Owners (and, as between the Borrower and the other Owners, as provided in the Owner Documents)Borrowers.

Appears in 2 contracts

Samples: Credit Agreement (Renegy Holdings, Inc.), Credit Agreement (Renegy Holdings, Inc.)

No Partnership, Etc. The Secured Parties and the Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement or in any other Loan Financing Document shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by, between or among the Secured Parties and the Borrower or any other Person. The Secured Parties shall not be in any way responsible or liable for the indebtedness, losses, obligations or duties of the Borrower or any other Person with respect to the Project or otherwise. All obligations to pay real property Real Property or other Taxestaxes, assessments, insurance premiums, and all other fees and Periodic Expenses expenses in connection with or arising from the ownership, operation or occupancy of the Project or any other assets and to perform all obligations under the agreements and contracts relating to the Project or any other assets shall be the sole responsibility of the Borrower and the other Owners (and, as between the Borrower and the other Owners, as provided in the Owner Documents)Borrower.

Appears in 1 contract

Samples: Loan Guarantee Agreement (EVgo Inc.)

No Partnership, Etc. The Secured Lender Parties and the Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement or in any other Loan Transaction Document shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by, between or among the Secured Lender Parties and the Borrower or any other Person. The Secured Lender Parties shall not be in any way responsible or liable for the indebtedness, losses, obligations or duties of the Borrower or any other Person with respect to the Project Projects or otherwise. All obligations to pay real property or other Taxestaxes, assessments, insurance premiums, and all other fees and Periodic Expenses expenses in connection with or arising from the ownership, operation or occupancy of the any Project or any other assets of any Obligor and to perform all obligations under the agreements and contracts relating to the any Project or any other assets of any Obligor shall be the sole responsibility of the Borrower and the other Owners (and, as between the Borrower and the other Owners, as provided in the Owner Documents)Borrower.

Appears in 1 contract

Samples: Loan Arrangement and Reimbursement Agreement (Ford Motor Co)

No Partnership, Etc. The Administrative Agent, the Secured Parties and the Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement Agreement, the Notes or in any of the other Loan Document Financing Documents shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by, by or between or among the Administrative Agent, the Secured Parties and the Borrower or any other Person. The Neither the Administrative Agent nor the Secured Parties shall not be in any way responsible or liable for the indebtednessdebts, losses, obligations or duties of the Borrower or any other Person with respect to the Project or otherwise. All obligations to pay real property or other Taxestaxes, assessments, insurance premiums, and all other fees and Periodic Expenses charges arising from the ownership, operation or occupancy of the Project and to perform all obligations under the other agreements and contracts relating to the Project shall be the sole responsibility of the Borrower and the other Owners (and, as between the Borrower and the other Owners, as provided in the Owner Documents)Borrower.

Appears in 1 contract

Samples: Financing Agreement (Altus Power, Inc.)

No Partnership, Etc. The Secured Parties Lenders and the Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement Agreement, the Notes or in any of the other Loan Document Credit Documents shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by, by or between or among the Secured Parties Lenders and the Borrower or any other Person. The Secured Parties None of Lead Arranger, Administrative Agent, Collateral Agent, Issuing Bank or the Lenders shall not be in any way responsible or liable for the indebtednessdebts, losses, obligations or duties of the Borrower or any other Person with respect to the Project or otherwise. All obligations to pay real property or other Taxestaxes, assessments, insurance premiums, and all other fees and Periodic Expenses charges arising from the ownership, operation or occupancy of the Project (if any) and to perform all obligations under the and other agreements and contracts relating to the Project shall be the sole responsibility of the Borrower and the other Owners (and, as between the Borrower and the other Owners, as provided in the Owner Documents)Borrower.

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

AutoNDA by SimpleDocs

No Partnership, Etc. The Secured Parties and the Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement or in any other Loan Financing Document shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by, between or among the Secured Parties and the Borrower or any other Person. The Secured Parties shall not be in any way responsible or liable for the indebtedness, losses, obligations or duties of the Borrower or any other Person with respect to the Project or otherwise. All obligations to pay real property Real Property or other Taxestaxes, assessments, insurance premiums, premiums and all other fees and Periodic Expenses expenses in connection with or arising from the ownership, operation or occupancy of the Project or any other assets and to perform all obligations under the agreements and contracts relating to the Project or any other assets shall be the sole responsibility of the Borrower and the other Owners (and, as between the Borrower and the other Owners, as provided in the Owner Documents)Borrower.

Appears in 1 contract

Samples: Loan Guarantee Agreement (Eos Energy Enterprises, Inc.)

No Partnership, Etc. The Secured Parties and the Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement any of the Credit Documents, and no action taken by the Lenders pursuant hereto or in any other Loan Document thereto, shall be deemed or construed to create a partnership, an association, tenancy-in-common, joint tenancy, joint venture or co-ownership by, by or between or among the Secured Parties and the Borrower or any other Person. The No Secured Parties Party shall not be in any way responsible or liable for the indebtednessdebts, losses, obligations or duties of the Borrower or any other Person with respect to the Project or otherwise. All obligations to pay real property or other Taxestaxes, assessments, insurance premiums, and all other fees and Periodic Expenses charges arising from the ownership, operation or occupancy of the Project (if any) and to perform all obligations under the and other agreements and contracts relating to the Project shall be the sole responsibility of the Borrower and the other Owners (and, as between the Borrower and the other Owners, as provided in the Owner Documents)Borrower.

Appears in 1 contract

Samples: Credit Agreement (First Wind Holdings Inc.)

No Partnership, Etc. The Secured Parties and the Borrower Entities intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement or in any other Loan Financing Document shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by, between or among the Secured Parties and the Borrower Entities or any other Person. The Secured Parties shall not be in any way responsible or liable for the indebtedness, losses, obligations or duties of the any Borrower Entity or any other Person with respect to the Project or otherwise. All obligations to pay real property or other Taxestaxes, assessments, insurance premiums, and all other fees and Periodic Expenses expenses in connection with or arising from the ownership, operation or occupancy of the Project or any other assets and to perform all obligations under the agreements and contracts relating to the Project or any other assets shall be the sole responsibility of the applicable Borrower and the other Owners (and, as between the Borrower and the other Owners, as provided in the Owner Documents)Entity.

Appears in 1 contract

Samples: Loan Arrangement and Reimbursement Agreement (Li-Cycle Holdings Corp.)

No Partnership, Etc. The Secured Lender Parties and the Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement or in any other Loan Document shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by, between or among the Secured Lender Parties and the Borrower or any other Person. The Secured Lender Parties shall not be in any way responsible or liable for the indebtedness, losses, obligations or duties of the Borrower or any other Person with respect to the Project Projects or otherwise. All obligations to pay real property or other Taxestaxes, assessments, insurance premiums, and all other fees and Periodic Expenses expenses in connection with or arising from the ownership, operation or occupancy of the any Project or any other assets of any Obligor and to perform all obligations under the agreements and contracts relating to the any Project or any other assets of any Obligor shall be the sole responsibility of the Borrower and the other Owners (and, as between the Borrower and the other Owners, as provided in the Owner Documents)Borrower.

Appears in 1 contract

Samples: Loan Arrangement and Reimbursement Agreement (Tesla Motors Inc)

No Partnership, Etc. The Secured Parties Agents, the Lenders and the Borrower intend that the relationship between them shall be solely that of creditor and debtor. Nothing contained in this Agreement Agreement, the Notes or in any of the other Loan Document Financing Documents shall be deemed or construed to create a partnership, tenancy-in-common, joint tenancy, joint venture or co-ownership by, by or between or among the Secured Parties Agents, the Lenders and the Borrower or any other Person. The Secured Parties Neither the Agents nor the Lenders shall not be in any way responsible or liable for the indebtednessdebts, losses, obligations or duties of the Borrower or any other Person with respect to the Project Projects or otherwise. All obligations to pay real property or other Taxestaxes, assessments, insurance premiums, and all other fees and Periodic Expenses charges arising from the ownership, operation or occupancy of the Project Funded Projects and to perform all obligations under the other agreements and contracts relating to the Project Funded Projects shall be the sole responsibility of the Borrower and the other Owners (and, as between the Borrower relevant Subsidiary Guarantors and the other Owners, as provided in the Owner Documents)Project Entities.

Appears in 1 contract

Samples: Financing Agreement (Central Vermont Public Service Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!