Common use of Not Partners; No Third Party Beneficiaries Clause in Contracts

Not Partners; No Third Party Beneficiaries. Nothing contained herein or in any related document shall be deemed to render Lender a partner of Borrower or Guarantor for any purpose. This Guaranty and any documents securing the Guaranteed Obligations has been executed for the sole benefit of Lender as an inducement to cause it to extend credit to Borrower, and neither Guarantor nor any other third party is authorized to rely upon Lender's rights hereunder or to rely upon an assumption that Lender has or will exercise its rights under any document.

Appears in 4 contracts

Samples: Exhibit 99 (Dynagen Inc), HLM Design Inc, HLM Design Inc

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Not Partners; No Third Party Beneficiaries. Nothing contained herein or in any related document shall be deemed to render Lender a partner of Borrower or Guarantor for any purpose. This Guaranty and any documents securing the Guaranteed Obligations has been executed for the sole benefit of Lender as an inducement to cause it to extend credit to BorrowerLender, and neither Guarantor nor any other no third party is authorized to rely upon Lender's rights hereunder or to rely upon an assumption that Lender has or will exercise its rights under this Guaranty or under any documentdocument referred to herein.

Appears in 2 contracts

Samples: Loan Agreement (Obsidian Enterprises Inc), HLM Design Inc

Not Partners; No Third Party Beneficiaries. Nothing contained herein or in any related document shall be deemed to render Lender a partner of Borrower or Guarantor for any purpose. This Guaranty and any documents securing the Guaranteed Obligations has been executed for the sole benefit of Lender as an inducement to cause it to extend credit to BorrowerLender, and neither Guarantor nor any other no third party is authorized to rely upon Lender's rights hereunder or to rely upon an assumption that Lender `has or will exercise its rights under this Guaranty or under any documentdocument referred to herein.

Appears in 1 contract

Samples: Loan Agreement (Obsidian Enterprises Inc)

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Not Partners; No Third Party Beneficiaries. Nothing contained herein or in any related document shall be deemed to render any of the Lender Parties a partner of Borrower or any Guarantor for any purpose. This Guaranty and any documents securing the Guaranteed Obligations has been executed for the sole benefit of the Lender Parties as an inducement to cause it them to extend credit to Borrower, and neither any Guarantor nor any other third party is authorized to rely upon Lender's the Lender Parties' rights hereunder or to rely upon an assumption that the Lender Parties has or will exercise its their rights under any document.

Appears in 1 contract

Samples: Joint And (American Consolidated Laboratories Inc)

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