Liability of Agent. The Agent shall not have any liabilities or responsibilities to Borrower or any Guarantor on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of Borrower or any Guarantor to perform its obligations hereunder or under any other Loan Document.
Appears in 10 contracts
Samples: Credit Agreement and Guaranty (Hampshire Group LTD), Credit Agreement and Guaranty (Hampshire Group LTD), Credit Agreement and Guaranty (Hampshire Group LTD)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to Borrower the Borrower, the Guarantors or any Guarantor of them on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of Borrower the Borrower, the Guarantors or any Guarantor of them to perform their or its obligations hereunder or under any other Loan Document.
Appears in 5 contracts
Samples: Loan Agreement (Gristedes Foods Inc), Loan Agreement (Gristedes Foods Inc), Loan Agreement (Hirsch International Corp)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to Borrower or any Guarantor the Borrowers on account of the failure of any Bank Lender to perform its obligations hereunder or to any Bank Lender on account of the failure of Borrower or any Guarantor the Borrowers to perform its their obligations hereunder or under any other Loan Facility Document. The Agent shall have no liability to the Borrowers or to any Lender by reason of any error in the computation of the Borrowing Base.
Appears in 5 contracts
Samples: Credit Agreement (Computer Task Group Inc), Credit Agreement (Act Manufacturing Inc), Credit Agreement (Computer Task Group Inc)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to Borrower or any Guarantor the Co-Borrowers on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of the Borrower or any Guarantor to perform its obligations hereunder or under any other Loan Document.
Appears in 4 contracts
Samples: Security Agreement (Futurebiotics Inc), Revolving Credit Agreement (Futurebiotics Inc), Revolving Credit Agreement (PDK Labs Inc)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to Borrower or any Guarantor the Company on account of the failure of any Bank a Lending Party to perform its obligations hereunder or to any Bank a Lending Party on account of the failure of Borrower or any Guarantor the Company to perform its obligations hereunder or under any the other Loan DocumentDocuments.
Appears in 3 contracts
Samples: Credit Agreement (Pacific Ethanol, Inc.), Credit Agreement (Southwest Iowa Renewable Energy, LLC), Credit Agreement (Pacific Ethanol, Inc.)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to any Borrower or any Guarantor on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of any Borrower or any Guarantor to perform its his obligations hereunder or under any other Loan Facility Document.
Appears in 2 contracts
Samples: Credit Agreement (Lauder Ronald S), Credit Agreement (Lauder Ronald S)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to the Borrower or any Guarantor on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of the Borrower or any Guarantor to perform its obligations hereunder or under any other Loan Document.
Appears in 2 contracts
Samples: Credit Agreement (Read Rite Corp /De/), Loan Agreement (Transmation Inc)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to Borrower or any Guarantor on account of the failure of any Bank Lender to perform its obligations hereunder (without affecting any rights of Borrower hereunder) or to any Bank Lender on account of the failure of Borrower or any Guarantor to perform its obligations hereunder or under any other Loan Document.
Appears in 2 contracts
Samples: Construction Loan Agreement (Taubman Centers Inc), Construction Loan Agreement (Taubman Realty Group LTD Partnership)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to the Borrower or any Guarantor on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of the Borrower or any Guarantor to perform its obligations hereunder or under any other Loan Document.
Appears in 2 contracts
Samples: Credit Agreement and Guaranty (Hampshire Group LTD), Credit Agreement and Guaranty (Hampshire Group LTD)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to the Borrower or any Guarantor on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of the Borrower or any Guarantor to perform its obligations hereunder or under any other Loan Document. This Section 10.11 shall not be construed to limit the Agent’s liability or responsibility where the Agent is acting as a Bank under this Agreement.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Hardinge Inc), Credit and Term Loan Agreement (Hardinge Inc)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to the Borrower or any Guarantor on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of the Borrower or any Guarantor to perform its obligations hereunder or under any other Loan Facility Document. This Section 10.11 shall not be construed to limit the Agent's liability or responsibility where the Agent is acting as a Bank under this Agreement.
Appears in 2 contracts
Samples: Security Agreement (Hardinge Inc), Credit Agreement (Hardinge Inc)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to Borrower or any Guarantor the Obligors on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of Borrower or any Guarantor Obligor to perform its obligations hereunder or under any other Loan Facility Document.
Appears in 2 contracts
Samples: Credit Agreement (Daka International Inc), Credit Agreement (Daka International Inc)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to the Borrower or any Guarantor on account of the failure of any Bank Lender to perform its obligations hereunder or to any Bank Lender on account of the failure of the Borrower or any Guarantor to perform its obligations hereunder or under any other Loan Facility Document.
Appears in 1 contract
Samples: Credit Agreement (Movado Group Inc)
Liability of Agent. The No Agent shall not have any liabilities or responsibilities to Borrower or any Guarantor the Credit Parties on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of Borrower or any Guarantor the Credit Parties to perform its their obligations hereunder or under any other Loan Transaction Document.
Appears in 1 contract
Samples: Credit Agreement (Interlogix Inc)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to the Borrower or any Guarantor on account of the failure of any Bank Lender to perform its obligations hereunder or to any Bank Lender on account of the failure of the Borrower or any Guarantor to perform its obligations hereunder or under any other Loan Document.
Appears in 1 contract
Samples: Financing and Security Agreement (Andover Togs Inc)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to the Borrower or any Guarantor on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of the Borrower or any Guarantor to perform its obligations Obligations hereunder or under any other Loan Related Document.
Appears in 1 contract
Samples: Credit and Security Agreement (Winstar Communications Inc)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to Borrower or any Guarantor the Borrowers on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of the Borrower or any Guarantor to perform its obligations hereunder or under any other Loan Facility Document.
Appears in 1 contract
Liability of Agent. The Agent shall not have any liabilities or responsibilities to Borrower or any Guarantor on account of the failure of any Bank Lender or L/C Issuer (other than Agent in its capacity as a Lender) to perform its obligations hereunder or to any Bank Lender or L/C Issuer on account of the failure of Borrower or any Guarantor to perform its obligations hereunder or under any other Loan Document.
Appears in 1 contract
Samples: Credit Agreement (Monmouth Real Estate Investment Corp)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to Borrower or any Guarantor the Borrowers on account of the failure of any Bank Lender to perform its obligations hereunder or to any Bank Lender on account of the failure of Borrower or any Guarantor the Borrowers to perform its obligations hereunder or under any other Loan Facility Document.
Appears in 1 contract
Samples: Credit Agreement (Gleason Corp /De/)
Liability of Agent. The Agent (in its capacity as Agent and not as a Lender) shall not have any liabilities liabilities, obligations or responsibilities to Borrower or any Guarantor on account of the failure of any Bank Lender to perform its obligations hereunder or to any Bank Lender on account of the failure of Borrower or any Guarantor other Lender to perform its obligations hereunder or under any other Loan Document.
Appears in 1 contract
Samples: Loan and Security Agreement (Varian Medical Systems Inc)
Liability of Agent. The Agent shall not have any liabilities or responsibilities to the Borrower or any Guarantor on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of the Borrower or any Guarantor to perform its obligations hereunder or under any other Term Loan Document.
Appears in 1 contract
Liability of Agent. The Agent shall not have any liabilities ------------------ or responsibilities to the Borrower or any Guarantor on account of the failure of any Bank Lender to perform its obligations hereunder or to any Bank Lender on account of the failure of the Borrower or any Guarantor to perform its obligations hereunder or under any other Loan Facility Document. The Agent shall have no liability to the Borrower or to any Lender by reason of any error in the computation of the Borrowing Base.
Appears in 1 contract
Liability of Agent. The Agent shall not have any liabilities or responsibilities to Borrower the Borrowers, the Guarantors or any Guarantor of them on account of the failure of any Bank to perform its obligations hereunder or to any Bank on account of the failure of Borrower the Borrowers, the Guarantors or any Guarantor of them to perform their or its obligations hereunder or under any other Loan Document.
Appears in 1 contract
