Common use of Participants Clause in Contracts

Participants. The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns.

Appears in 67 contracts

Samples: Credit and Security Agreement (Hc2 Holdings, Inc.), Credit and Security Agreement (Smartheat Inc.), Credit and Security Agreement (2nd Swing Inc)

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Participants. The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's ’s participants, successors or assigns.

Appears in 43 contracts

Samples: Credit and Security Agreement (HC2 Holdings, Inc.), Credit and Security Agreement (Christopher & Banks Corp), Credit and Security Agreement (Professional Veterinary Products LTD /Ne/)

Participants. The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assignsassigns of the Lender.

Appears in 11 contracts

Samples: Credit and Security Agreement (Skymall Inc), Credit and Security Agreement (Continental Information Systems Corp), Credit and Security Agreement (Continental Information Systems Corp)

Participants. The Lender and its participants, if any, ------------ are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns.

Appears in 3 contracts

Samples: Credit and Security Agreement (Bentley International Inc), Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Rf Monolithics Inc /De/)

Participants. The Lender and its participants, if any, are ------------ not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ronson Corp), Credit and Security Agreement (Rockshox Inc)

Participants. The Lender and its participants, if ------------ any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns.

Appears in 2 contracts

Samples: Credit and Security Agreement (Primesource Healthcare Inc), Credit and Security Agreement (Act Teleconferencing Inc)

Participants. The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's ’s participants, successors or assignsassigns upon the prior consent of the Borrower.

Appears in 2 contracts

Samples: Credit and Security Agreement (CPS Technologies Corp/De/), Credit and Security Agreement (CPS Technologies Corp/De/)

Participants. The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers (but not obligations) specifically conferred upon the Lender may be transferred or delegated to any of the Lender's ’s participants, successors or assigns.

Appears in 2 contracts

Samples: Credit and Security Agreement (Delphax Technologies Inc), Credit and Security Agreement (Delphax Technologies Inc)

Participants. The Lender and its its, participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns.

Appears in 1 contract

Samples: Credit and Security Agreement (Nebo Products Inc)

Participants. The Each Lender and its participants, if any, are not partners or joint venturers, and the such Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the any Lender may be transferred or delegated to any of the Lender's ’s participants, successors or assigns.

Appears in 1 contract

Samples: Credit and Security Agreement (Biovest International Inc)

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Participants. The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's ’s participants, successors or assigns.. Credit and Security Agreement

Appears in 1 contract

Samples: Credit and Security Agreement (Winland Electronics Inc)

Participants. The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers powers. specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns.

Appears in 1 contract

Samples: Credit and Security Agreement (SPF Energy Inc)

Participants. The Lender and its participants, if any, are ------------ not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assignsassigns of the Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Data National Corp)

Participants. The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns, without further order of the Bankruptcy Court.

Appears in 1 contract

Samples: Credit and Security Agreement (Nu Kote Holding Inc /De/)

Participants. The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns, provided that any transfer of warrants or shares acquired on exercise or any rights therein must be made under an exemption under and in compliance with all applicable securities laws.

Appears in 1 contract

Samples: Credit and Security Agreement (Telular Corp)

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