Common use of No Transfer of Duties Clause in Contracts

No Transfer of Duties. The security interests granted hereby are granted as security only and shall not (i) transfer or in any way affect or modify, or relieve the Borrower from, any obligation to perform or satisfy any term, covenant, condition or agreement to be performed or satisfied by the Borrower under or in connection with this Agreement or any other Basic Agreement to which it is a party or (ii) impose any obligation on any of the Secured Parties or the Administrative Agent to perform or observe any such term, covenant, condition or agreement or impose any liability on any of the Secured Parties or the Administrative Agent for any act or omission on its part relative thereto or for any breach of any representation or warranty on its part contained therein or made in connection therewith except, in each case, to the extent specifically provided herein and in the other Basic Agreements.

No Transfer of Duties. The security interests granted hereby are granted as security only and shall not (i) transfer or in any way affect or modify, or relieve the Borrower Issuer from, any obligation to perform or satisfy any term, covenant, condition or agreement to be performed or satisfied by the Borrower Issuer under or in connection with this Security Agreement or any other Basic Agreement Transaction Document to which it is a party or (ii) impose any obligation on any of the Secured Parties or the Administrative Collateral Agent to perform or observe any such term, covenant, condition or agreement or impose any liability on any of the Secured Parties or the Administrative Collateral Agent for any act or omission on its part relative thereto or for any breach of any representation or warranty on its part contained therein or made in connection therewith except, in each case, to the extent specifically provided herein and in the other Basic AgreementsTransaction Documents.

No Transfer of Duties. The security interests granted hereby --------------------- are granted as security only and shall not (i) transfer or in any way affect or modify, or relieve the Borrower from, any obligation to perform or satisfy any term, covenant, condition or agreement to be performed or satisfied by the Borrower under or in connection with this Agreement or any other Basic Agreement to which it is a party or (ii) impose any obligation on any of the Secured Parties or the Administrative Agent to perform or observe any such term, covenant, condition or agreement or impose any liability on any of the Secured Parties or the Administrative Agent for any act or omission on its part relative thereto or for any breach of any representation or warranty on its part contained therein or made in connection therewith except, in each case, to the extent specifically provided herein and in the other Basic Agreements.