RISKS OF VALUE OF COLLATERAL. The Lender's reference to a given asset in connection with the making of 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 Lender relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the Borrower. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Lender in connection with the making of loans, credits, and advances and the providing of financial accommodations under the Revolving Credit.
Appears in 4 contracts
Samples: Loan and Security Agreement (Bakers Footwear Group Inc), Loan and Security Agreement (Harrys Farmers Market Inc), Loan and Security Agreement (Bluefly Inc)
RISKS OF VALUE OF COLLATERAL. The Lender's ’s reference to a given asset in connection with the making of 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 Lender relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the Borrower. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Lender in connection with the making of loans, credits, and advances and the providing of financial accommodations under the Revolving Credit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Bakers Footwear Group Inc), Loan and Security Agreement (Redenvelope Inc)
RISKS OF VALUE OF COLLATERAL. The Lender's ’s reference to a given asset in connection with the making of 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 Lender relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the BorrowerBorrowers. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Lender in connection with the making of loans, credits, and advances and the providing of financial accommodations under the Revolving Credit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Dreams Inc), Loan and Security Agreement (dELiAs, Inc.)
RISKS OF VALUE OF COLLATERAL. The Lender's reference to a given ---------------------------- asset in connection with the making of 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 Lender relative to the actual value of the asset in question. All risks concerning the value collectability of the Collateral Borrower's accounts are and remain upon the Borrower. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Lender in connection with the making of loans, credits, and advances and the providing of financial accommodations under the Revolving Credit.
Appears in 1 contract
Samples: Number Nine Visual Technology Corp
RISKS OF VALUE OF COLLATERAL. The Lender's Any reference to a given asset in connection with the making of 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 any Agent or the Lender Lenders relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the BorrowerBorrowers. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Lender Agents in connection with the making of loans, credits, and advances and the providing of financial accommodations under the Revolving Credit.
Appears in 1 contract
Samples: Loan and Security Agreement (Duckwall Alco Stores Inc)
RISKS OF VALUE OF COLLATERAL. The Lender's reference to a given asset in connection with the making of 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 Lender relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the BorrowerBorrowers. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Lender in connection with the making of loans, credits, and advances and the providing of financial accommodations under the Revolving Credit.
Appears in 1 contract
Samples: Alloy Inc