Common use of Non-Assumption of Liability Clause in Contracts

Non-Assumption of Liability. Nothing herein contained shall relieve Borrower from performing any covenant, agreement or obligation on the part of Borrower to be performed under or in respect to any of the Collateral (including rights to the Purchased Loans) or from any liability to any party or parties having an interest therein or impose any liability on Lender for the acts or omissions of Borrower in connection with any of the Collateral. Lender shall not assume or become liable for, nor shall it be deemed or construed to have assumed or become liable for, any obligation of Borrower with respect to any of the Collateral, or otherwise, by reason of the grant to Lender of security interests in the Collateral.

Non-Assumption of Liability. Nothing herein contained shall relieve Borrower from performing any covenant, agreement or obligation on the part of Borrower to be performed under or in respect to any of the Collateral (including rights to the Purchased purchased Loans) or from any liability to any party parry or parties having an interest therein or impose any liability on Lender Bank for the acts or omissions of Borrower in connection connection. with any of the Collateral. Lender Bank shall not assume or become liable for, nor shall it be deemed or construed to have assumed or become liable for, any obligation of Borrower with respect to any of the Collateral, or otherwise, by reason of the grant to Lender Bank of security interests in the Collateral.

Non-Assumption of Liability. Nothing herein contained shall relieve Borrower from performing any covenant, agreement or obligation on the part of Borrower to be performed under or in respect to any of the Collateral (including rights to the Purchased Loans) or from any liability to any party party: or parties having an interest therein or impose any liability on Lender Bank for the acts or omissions omissions. of Borrower in connection with any of the Collateral. Lender Bank shall not assume or become liable for, nor shall it be deemed or construed to have assumed or become liable for, any obligation of Borrower with respect to any of the Collateral, or otherwise, by reason of the grant to Lender Bank of security interests in the Collateral.

Non-Assumption of Liability. Nothing herein contained shall relieve Borrower from performing any covenant, agreement or obligation on the part of Borrower to be performed under or in respect to any of the Collateral (including rights to the Purchased Loans) or from any liability to any party or parties having an interest therein or impose any liability on Lender Bank for the acts or omissions of Borrower in connection with any of the Collateral. Lender Bank shall not assume or become liable for, nor shall it be deemed or construed to have assumed or become liable for, for any obligation of Borrower with respect to any of the Collateral, or otherwise, by reason of the grant to Lender Bank of security interests in the Collateral.