Common use of No Assumption of Liability Clause in Contracts

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers relating to any Collateral.

Appears in 56 contracts

Samples: Loan and Security Agreement (Clearwater Paper Corp), Loan and Security Agreement (Conns Inc), Loan and Security Agreement (Akorn Inc)

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No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Obligors relating to any Collateral.

Appears in 16 contracts

Samples: Loan and Security Agreement (Frozen Food Express Industries Inc), Loan and Security Agreement (Habit Restaurants, Inc.), Loan and Security Agreement (Installed Building Products, Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Borrower relating to any Collateral.

Appears in 13 contracts

Samples: Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (KCAP Financial, Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers relating to any Collateral. In no event shall the grant of any Lien under any Loan Document secure an Excluded Swap Obligation of the granting Obligor.

Appears in 10 contracts

Samples: Loan and Security Agreement (Olympic Steel Inc), Loan and Security Agreement (Houston Wire & Cable CO), Loan and Security Agreement (Commercial Vehicle Group, Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Obligors relating to any Collateral. In no event shall the grant of any Lien under any Loan Document secure an Excluded Swap Obligation of the granting Obligor.

Appears in 9 contracts

Samples: Term Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (U.S. Concrete, Inc.), Loan and Security Agreement (Summer Infant, Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject any Agent or any Lender Secured Party to, or in any way modify, any obligation or liability of Borrowers the Loan Parties relating to any Collateral.

Appears in 7 contracts

Samples: Revolving Credit and Security Agreement (Birks & Mayors Inc.), Revolving Credit and Security Agreement (Birks Group Inc.), Revolving Credit and Security Agreement (Birks Group Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Obligors relating to any Collateral. In no event shall the grant of any Lien under any Loan Document secure an Excluded Hedge Obligation of the granting Obligor.

Appears in 6 contracts

Samples: Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers the Obligors relating to any Collateral.

Appears in 6 contracts

Samples: Loan and Security Agreement (Bon Ton Stores Inc), Loan and Security Agreement (Bon Ton Stores Inc), Loan and Security Agreement (Bon Ton Stores Inc)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Loan Parties relating to any Collateral.

Appears in 5 contracts

Samples: Loan, Security and Guaranty Agreement (Transport America, Inc.), Loan and Security Agreement (Hudson Highland Group Inc), Loan, Security and Guaranty Agreement (Transport America, Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Borrower or any Borrowing Base Guarantor relating to any Collateral. In no event shall the grant of any Lien under any Loan Document secure an Excluded Swap Obligation of the granting Obligor.

Appears in 5 contracts

Samples: Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Grantor relating to any Collateral.

Appears in 3 contracts

Samples: Security Agreement (Sport Chalet Inc), Security Agreement (Sport Chalet Inc), Security Agreement (Sport Chalet Inc)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent the Agent, any Security Trustee or any Lender to, or in any way modify, any obligation or liability of Borrowers Loan Parties relating to any Collateral.

Appears in 3 contracts

Samples: Loan, Security and Guarantee Agreement (Kraton Performance Polymers, Inc.), Loan, Security and Guarantee Agreement (Kraton Performance Polymers, Inc.), Loan, Security and Guarantee Agreement (Edgen Group Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Guarantor relating to any Collateral.

Appears in 3 contracts

Samples: Guaranty and Security Agreement (Cellu Tissue Holdings, Inc.), Loan and Security Agreement (Headwaters Inc), Loan and Security Agreement (Headwaters Inc)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject the Agent or any Lender to, or in any way modify, any obligation or liability of the Borrowers relating to any Collateral.

Appears in 3 contracts

Samples: Loan and Security Agreement (Amkor Technology Inc), Loan and Security Agreement (Amkor Technology Inc), Loan and Security Agreement (Amkor Technology Inc)

No Assumption of Liability. The Lien Liens on the Collateral granted hereunder is are given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers any Obligor relating to any Collateral. In no event shall the grant of any Lien under any Loan Document secure an Excluded Swap Obligation of the granting Obligor.

Appears in 3 contracts

Samples: Loan and Security Agreement (Callaway Golf Co), Loan and Security Agreement (Callaway Golf Co), Loan and Security Agreement (Topgolf Callaway Brands Corp.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers any Borrower relating to any Collateral.

Appears in 3 contracts

Samples: Credit and Security Agreement (Titan International Inc), Credit and Security Agreement (Titan International Inc), Credit and Security Agreement (Titan International Inc)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Borrower relating to any Collateral.

Appears in 3 contracts

Samples: Loan and Security Agreement (Lapolla Industries Inc), Loan and Security Agreement (Lapolla Industries Inc), Loan and Security Agreement (First Aviation Services Inc)

No Assumption of Liability. The Lien Liens on the Collateral granted hereunder is are given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers any Obligor relating to any Collateral.

Appears in 3 contracts

Samples: Loan and Security Agreement (Callaway Golf Co), Loan and Security Agreement (Callaway Golf Co), Loan and Security Agreement (Callaway Golf Co)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers any Obligor relating to any Collateral (including any Transaction Documents, Borrower Royalty Receivables or Customer Collateral).

Appears in 2 contracts

Samples: Loan and Security Agreement and Waiver (SWK Holdings Corp), Loan and Security Agreement (SWK Holdings Corp)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject the Administrative Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Obligors relating to any Collateral.

Appears in 2 contracts

Samples: Loan and Security Agreement (Core Scientific, Inc./Tx), Loan and Security Agreement (Core Scientific, Inc./Tx)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Credit Parties relating to any Collateral.

Appears in 2 contracts

Samples: Loan and Security Agreement (NPMC Holdings, LLC), Loan and Security Agreement (Lawton Surgery Investment Company, LLC)

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No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers any Obligor relating to any Collateral.

Appears in 2 contracts

Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Radiant Logistics, Inc)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Administrative Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Obligors relating to any Collateral.

Appears in 2 contracts

Samples: Loan and Security Agreement (Core Scientific, Inc./Tx), Loan and Security Agreement (Spectrum Brands, Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Collateral Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers relating to any Collateral.

Appears in 2 contracts

Samples: Loan and Security Agreement (Americas Carmart Inc), Loan and Security Agreement (Americas Carmart Inc)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender other Secured Party to, or in any way modify, any obligation or liability of Borrowers any Grantor relating to any Collateral.

Appears in 2 contracts

Samples: Security Agreement (Louisiana-Pacific Corp), Security Agreement (Freedom Group, Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers relating to any Collateral.

Appears in 2 contracts

Samples: Loan and Security Agreement (Radiant Logistics, Inc), Loan and Security Agreement (Ashworth Inc)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent Agent, any Security Trustee or any Lender to, or in any way modify, any obligation or liability of Borrowers Loan Parties relating to any Collateral.

Appears in 2 contracts

Samples: Loan, Security and Guarantee Agreement (MRC Global Inc.), Intercreditor Agreement (MRC Global Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Administrative Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers the Borrower or any Guarantor relating to any Collateral. In no event shall the grant of any Lien under any Loan Document secure an Excluded Swap Obligation of the granting Obligor.

Appears in 2 contracts

Samples: Term Loan and Security Agreement (Commercial Vehicle Group, Inc.), Term Loan and Security Agreement (Commercial Vehicle Group, Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Guarantors relating to any Collateral.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Merix Corp)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject the Collateral Agent or any Lender Holder to, or in any way modify, any obligation or liability of Borrowers the Grantors relating to any Collateral.

Appears in 1 contract

Samples: Security Agreement (Commercial Vehicle Group, Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers Loan Parties relating to any Collateral.. 106

Appears in 1 contract

Samples: Loan and Security Agreement (YRC Worldwide Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers any Obligor relating to any Collateral.. 7.6

Appears in 1 contract

Samples: Credit and Security Agreement (Titan International Inc)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security security, only and shall not subject the Agent or any Lender of the other Secured Parties to, or in any way modify, any obligation or liability of Borrowers any Obligor relating to any Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Telx Group, Inc.)

No Assumption of Liability. The Lien on Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Borrowers the Loan Parties relating to any Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Cooper-Standard Holdings Inc.)

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