Common use of No Assumption of Liability Clause in Contracts

No Assumption of Liability. The security interest in the Collateral is granted as security only and shall not subject the Trustee to, or in any way alter or modify, any obligation or liability of any Grantor with respect to or arising out of the Collateral.

Appears in 4 contracts

Samples: Subsidiaries' Security Agreement (RBX Corp), Subsidiaries' Trademark Security Agreement (RBX Corp), Subsidiaries' Copyright Security Agreement (RBX Corp)

AutoNDA by SimpleDocs

No Assumption of Liability. The security interest in the Collateral is granted as security only and shall not subject the Trustee to, or in any way alter or modify, any obligation or liability of any Grantor the Company or the Subsidiary Guarantors with respect to or arising out of the Collateral.

Appears in 4 contracts

Samples: Company Security Agreement (RBX Corp), Company Trademark Security Agreement (RBX Corp), Company Copyright Security Agreement (RBX Corp)

No Assumption of Liability. The security interest in Security Interest and the Collateral is Mortgages are granted as security only and shall not subject the Trustee or any other Secured Party to, or in any way alter or modify, any obligation or liability of any Grantor with respect to or arising out of the Collateral.

Appears in 2 contracts

Samples: Cone Mills Corp, Cone Mills Corp

No Assumption of Liability. The security interest in Security Interest and the Collateral is Mortgages are granted as security only and shall not subject the Trustee or any other Secured Party to, or in any way alter or modify, any obligation or liability of any either Grantor with respect to or arising out of the Collateral.

Appears in 1 contract

Samples: Indenture (Cone Mills Corp)

AutoNDA by SimpleDocs

No Assumption of Liability. The security interest in the Collateral Security Interest is granted as security only and shall not subject the Trustee or any Holder to, or in any way alter or modify, any obligation or liability of any Grantor with respect to or arising out of the Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Penton Media Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.