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 Issuer from, any obligation to perform or satisfy any term, covenant, condition or agreement to be performed or satisfied by the Issuer under or in connection with this Security Agreement or any other Transaction Document to which it is a party or (ii) impose any obligation on any of the Secured Parties or the 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 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 Transaction Documents.

Appears in 2 contracts

Samples: Security Agreement (Arcadia Financial LTD), Security Agreement (Olympic Financial LTD)

AutoNDA by SimpleDocs

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 Issuer Borrower from, any obligation to perform or satisfy any term, covenant, condition or agreement to be performed or satisfied by the Issuer Borrower under or in connection with this Security Agreement or any other Transaction Document Basic Agreement to which it is a party or (ii) impose any obligation on any of the Secured Parties or the Collateral 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 Collateral 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 Transaction DocumentsBasic Agreements.

Appears in 2 contracts

Samples: Security and Funding Agreement (Americredit Corp), Security and Funding Agreement (Americredit Corp)

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 Issuer Borrower from, any obligation to perform or satisfy any term, covenant, condition or agreement to be performed or satisfied by the Issuer Borrower under or in connection with this Security Agreement or any other Transaction Document Basic Agreement to which it is a party or (ii) impose any obligation on any of the Secured Parties or the Collateral 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 Collateral 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 Transaction DocumentsBasic Agreements.

Appears in 2 contracts

Samples: Security and Funding Agreement (Americredit Corp), Security Agreement (Americredit Corp)

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 Issuer Borrower from, any obligation to perform or satisfy any term, covenant, condition or agreement to be performed or satisfied by the Issuer Borrower under or in connection with this Security Agreement or any other Transaction Document Basic Agreement to which it is a party or (ii) impose any obligation on any of the Secured Parties or the Collateral 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 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 Transaction DocumentsBasic Agreements.

Appears in 1 contract

Samples: Security and Funding Agreement (Americredit Corp)

AutoNDA by SimpleDocs

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

Appears in 1 contract

Samples: Security and Collateral Agency Agreement (Abraxas Petroleum Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.