Separate Liability. The obligations of each Secured Party under this Agreement shall be several and not joint, and no Secured party shall be liable or responsible for the acts of any other Secured Party.
Appears in 3 contracts
Samples: Credit Agreement (Orion Power Holdings Inc), Partnership Interest Pledge Agreement (Orion Power Holdings Inc), Credit Agreement (Orion Power Holdings Inc)
Separate Liability. The obligations of each Secured Party under this Agreement (if any) shall be several and not joint, and no Secured party Party shall be liable or responsible for the acts or omissions of any other Secured Party.
Appears in 3 contracts
Samples: Pledge and Intercreditor Agreement (Special Value Expansion Fund, LLC), Pledge and Intercreditor Agreement (Special Value Opportunities Fund LLC), Pledge and Intercreditor Agreement (Tennenbaum Opportunities Partners V, LP)
Separate Liability. The obligations of each Secured Party under this Agreement shall be several and not joint, and no Secured party Party shall be liable or responsible for the acts of any other Secured Party.
Appears in 1 contract
Samples: Collateral Agency Agreement (North Atlantic Energy Corp /Nh)
