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