Common use of No Release of Obligations Clause in Contracts

No Release of Obligations. No Bank shall, as between the Borrower and such Bank, be relieved of any of its obligations hereunder as a result of any granting of participations in all or any part of its Revolving Loan Commitment or Revolving Credit Loans. Each Bank shall, as between the Borrower and such Bank, be relieved of its obligations hereunder as a result of any sale, assignment, transfer or negotiation of all or any part of its Revolving Loan Commitment and Revolving Credit Loans made in accordance with Section 12.A hereof.

Appears in 1 contract

Samples: Loan Agreement (North Atlantic Trading Co Inc)

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No Release of Obligations. No Bank shall, as between the Borrower ------------------------- and such Bank, be relieved of any of its obligations hereunder as a result of any granting of participations in all or any part of its Revolving Loan Commitment or Revolving Credit Loans. Each Bank shall, as between the Borrower and such Bank, be relieved of its obligations hereunder as a result of any sale, assignment, transfer or negotiation of all or any part of its Revolving Loan Commitment and Revolving Credit Loans made in accordance with Section 12.A 11.A hereof.

Appears in 1 contract

Samples: Loan Agreement (Sypris Solutions Inc)

No Release of Obligations. No Bank shall, as between the Borrower and such Bank, be relieved of any of its obligations obli-gations hereunder as a result of any granting of participations in all or any part of its Revolving Loan Commitment or Revolving Credit Loans. Each Bank shall, as between the Borrower and such Bank, be relieved of its obligations hereunder as a result of any sale, assignment, transfer or negotiation of all or any part of its Revolving Loan Commitment and Revolving Credit Loans made in accordance with Section 12.A 11.A hereof.

Appears in 1 contract

Samples: Loan Agreement (Sypris Solutions Inc)

No Release of Obligations. No Bank shall, as between the Borrower and such Bank, be relieved of any of its obligations hereunder as a result of any granting of participations in all or any part of its Revolving Loan Commitment or Commitment, Revolving Credit Loans or Term Loans. Each Bank shall, as between the Borrower and such Bank, be relieved of its obligations hereunder as a result of any sale, assignment, transfer or negotiation of all or any part of its Revolving Loan Commitment and Commitment, Revolving Credit Loans and Term Loans made in accordance with Section 12.A hereof.

Appears in 1 contract

Samples: Loan Agreement (North Atlantic Trading Co Inc)

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No Release of Obligations. No Bank shall, as between the Borrower Borrowers and such Bank, be relieved of any of its obligations hereunder as a result of any granting of participations in all or any part of its Revolving Loan Commitment or and Revolving Credit Loans. Each Bank shall, as between the Borrower Borrowers and such Bank, be relieved of its obligations hereunder as a result of any sale, assignment, transfer or negotiation of all or any part of its Revolving Loan Commitment and Revolving Credit Loans made in accordance with Section 12.A 12.1 hereof.

Appears in 1 contract

Samples: Stock Pledge Agreement (Res Care Inc /Ky/)

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