RISKS OF VALUE OF COLLATERAL. The Administrative Agent's reference to a given asset in connection with the making of Revolving Credit Loans and the providing of financial accommodations under the Revolving Credit and/or the monitoring of compliance with the provisions hereof shall not be deemed a determination by the Administrative Agent or any Revolving Credit Lender relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the Borrowers. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Administrative Agent in connection with the making of Revolving Credit Loans and the providing of financial accommodations under the Revolving Credit.
Appears in 3 contracts
Samples: Loan and Security Agreement (Officemax Inc /Oh/), Officemax Inc /Oh/, Claires Stores Inc
RISKS OF VALUE OF COLLATERAL. The Administrative Agent's reference to a given asset in connection with the making of Revolving Credit Loans loans, credits, and advances and the providing of financial accommodations under the Revolving Credit and/or the monitoring of compliance with the provisions hereof shall not be deemed a determination by the Administrative Agent or any Revolving Credit Lender relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the Borrowers. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Administrative Agent in connection with the making of Revolving Credit Loans loans, credits, and advances and the providing of financial accommodations under the Revolving Credit.
Appears in 3 contracts
Samples: Security Agreement (Homebase Inc), Loan and Security Agreement (Gymboree Corp), Loan and Security Agreement (Designs Inc)
RISKS OF VALUE OF COLLATERAL. The Administrative Agent's ’s reference to a given asset in connection with the making of Revolving Credit Loans loans, credits, and advances and the providing of financial accommodations under the Revolving Credit Facilities and/or the monitoring of compliance with the provisions hereof shall not be deemed a determination by the Administrative Agent or any Revolving Credit Lender relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the Borrowers. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Administrative Agent in connection with the making of Revolving Credit Loans loans, credits, and advances and the providing of financial accommodations under the Revolving CreditCredit Facilities.
Appears in 3 contracts
Samples: Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc)
RISKS OF VALUE OF COLLATERAL. The Administrative Agent's reference to a given asset in connection with the making of Revolving Credit Loans and the providing of financial accommodations under the Revolving Credit and/or the monitoring of compliance with the provisions hereof shall not be deemed a determination by the Administrative Agent or any Revolving Credit Lender relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the BorrowersCredit Parties. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Administrative Agent in connection with the making of Revolving Credit Loans and the providing of financial accommodations under the Revolving Credit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Shopko Stores Inc), Loan and Security Agreement (Shopko Stores Inc)
RISKS OF VALUE OF COLLATERAL. The Administrative Agent's ’s reference to a given asset in connection with the making of Revolving Credit Loans loans, credits, and advances and the providing of financial accommodations under the Revolving Credit Facility and/or the monitoring of compliance with the provisions hereof shall not be deemed a determination by the Administrative Agent or any Revolving Credit Lender relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the Borrowers. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Administrative Agent in connection with the making of Revolving Credit Loans loans, credits, and advances and the providing of financial accommodations under the Revolving CreditCredit Facility.
Appears in 2 contracts
Samples: Revolving Credit Note (Casual Male Retail Group Inc), Revolving Credit Note (Casual Male Retail Group Inc)
RISKS OF VALUE OF COLLATERAL. The Administrative Agent's ’s reference to a given asset in connection with the making of Revolving Credit Loans loans, credits, and advances and the providing of financial accommodations under the Revolving Credit and/or the monitoring of compliance with the provisions hereof shall not be deemed a determination by the Administrative Agent or any Revolving Credit Lender relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the Borrowers. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Administrative Agent in connection with the making of Revolving Credit Loans loans, credits, and advances and the providing of financial accommodations under the Revolving Credit.
Appears in 1 contract
Samples: Loan and Security Agreement (Casual Male Retail Group Inc)
RISKS OF VALUE OF COLLATERAL. The Administrative Agent's reference to a given asset in connection with the making of Revolving Credit Loans loans, credits, and advances and the providing of financial accommodations under the Revolving Credit and/or the monitoring of compliance with the provisions hereof shall not be deemed a determination by the Administrative Agent or any Revolving Credit Lender relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the Borrowers. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Administrative Agent in connection with the making of Revolving Credit Loans and the providing or issuance of financial accommodations under the Revolving CreditL/Cs.
Appears in 1 contract
Samples: Loan Agreement (Natural Wonders Inc)
RISKS OF VALUE OF COLLATERAL. The Administrative Agent's reference to a given asset in connection with the making of Revolving Credit Loans loans, credits, and advances and the providing of financial accommodations under the Revolving Credit and/or the monitoring of compliance with the provisions hereof shall not be deemed a determination by the Administrative Agent or any Revolving Credit Lender relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the Borrowers. All Collateral secures the prompt, punctual, punctual and faithful performance of the Liabilities whether or not relied upon by the Administrative Agent in connection with the making of Revolving Credit Loans loans, credits and advances and the providing of financial accommodations under the Revolving Credit.
Appears in 1 contract
Samples: Jacobson Stores Inc