Common use of Non-Control Clause in Contracts

Non-Control. In no event shall the existence of Agent's or the Banks' rights hereunder be deemed to indicate that the Agent or the Banks are in control of the business, management or properties of the Borrower or has power over the daily management functions and operating decisions made by the Borrower.

Appears in 3 contracts

Samples: Loan Agreement (Direct General Corp), Loan Agreement (Direct General Corp), Loan Agreement (Direct General Corp)

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Non-Control. In no event shall the existence of Agent's or the Banks' rights hereunder be deemed to indicate that the Agent or the Banks are in control of the business, management or properties of the Borrower DGC or has power over the daily management functions and operating decisions made by the BorrowerDGC.

Appears in 1 contract

Samples: Loan Agreement (Direct General Corp)

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