Common use of Limitations on Actions Clause in Contracts

Limitations on Actions. Without limiting the generality of Section 4.03, Issuer shall not be required to monitor the financial condition of Borrower and shall not have any responsibility or other obligation with respect to reports, notices, certificates or other documents filed with it hereunder.

Appears in 2 contracts

Samples: Loan Agreement (Westerbeke Corp), Loan Agreement (Westerbeke Corp)

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Limitations on Actions. Without limiting the generality of Section 4.03(c) below, the Issuer shall not be required to monitor the financial condition of the Borrower and shall not have any responsibility or other obligation with respect to reports, notices, certificates or other documents filed with it hereunder.

Appears in 2 contracts

Samples: Loan Agreement (Trex Co Inc), Loan Agreement (M Wave Inc)

Limitations on Actions. Without limiting the generality of Section 4.03Subsection 803(c), the Issuer shall not be required to monitor the financial condition of the Borrower and shall not have any responsibility or other obligation with respect to reports, notices, certificates or other documents filed with it hereunder.

Appears in 1 contract

Samples: Loan and Trust Agreement (Datum Inc)

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Limitations on Actions. Without limiting the generality of Section 4.03Subsection ---------------------- 803(c), the Issuer shall not be required to monitor the financial condition of the Borrower and shall not have any responsibility or other obligation with respect to reports, notices, certificates or other documents filed with it hereunder.

Appears in 1 contract

Samples: Loan and Trust Agreement (Afc Cable Systems Inc)

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