PLEDGEE NOT BOUND. (a) The Pledgee shall not be obligated to perform or discharge any obligation of any Pledgor as a result of the collateral assignment hereby effected.
Appears in 5 contracts
Samples: Pledge Agreement (Foster Wheeler Corp), Pledge Agreement (Foster Wheeler Corp), Pledge Agreement (Foster Wheeler Corp)
PLEDGEE NOT BOUND. (a) The Pledgee shall not be obligated to perform or discharge any obligation of any the Pledgor as a result of the collateral assignment hereby effected.
Appears in 2 contracts
Samples: Pledge Agreement (Memc Electronic Materials Inc), Pledge Agreement (Memc Electronic Materials Inc)
PLEDGEE NOT BOUND. (a) The Pledgee shall not be obligated to perform or discharge any obligation of any each Pledgor as a result of the collateral assignment hereby effected.
Appears in 1 contract
Samples: Intercompany Pledge and Security Agreement (Mills Corp)
PLEDGEE NOT BOUND. (a) The Pledgee and the other Secured Creditors shall not be obligated to perform or discharge any obligation of any Pledgor solely as a result of the collateral assignment pledge hereby effected.
Appears in 1 contract
Samples: Security Agreement (Eldertrust)