Common use of Administrative Agent Has No Duty Clause in Contracts

Administrative Agent Has No Duty. The powers conferred on the Administrative Agent hereunder are solely to protect its interest in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have no duty as to any Collateral or responsibility for taking any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Administrative Agent Has No Duty. The powers conferred on the Administrative Agent hereunder are solely to protect its interest in the Pledged Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Pledged Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have no duty as to any Pledged Collateral or responsibility for taking any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateral.

Administrative Agent Has No Duty. The In addition to, and not in limitation of, Section 2.4, the powers conferred on the Administrative Agent hereunder are solely to protect its interest (on behalf of the Secured Parties) in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have no duty as to any Collateral or responsibility for as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Administrative Agent Has No Duty. The rights and powers conferred on the upon Administrative Agent hereunder are solely to protect its Administrative Agent's and each Lender's interest in the Collateral and shall do not impose any duty on it Administrative Agent to exercise any such rights or powers. Except for reasonable care of any Collateral in its Administrative Agent's possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have has no duty as to any Collateral or responsibility for as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Administrative Agent Has No Duty. The powers conferred on the Administrative Agent hereunder are solely to protect its interest (for its benefit and the ratable benefit of the Secured Parties) in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent and the Secured Parties shall have no duty as to any Collateral or responsibility for taking any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Administrative Agent Has No Duty. The In addition to, and not in limitation of, Section 2.4, the powers conferred on the Administrative Agent hereunder are solely to protect its interest (on behalf of the Lender Parties) in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have no duty as to any Collateral or responsibility for as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Administrative Agent Has No Duty. The In addition to, and not in -------------------------------- limitation of, Section 2.4, the powers conferred on the Administrative Agent ----------- hereunder are solely to protect its Administrative Agent's interest in the Collateral and shall not impose any duty on it to exercise any such powers. Except for the reasonable care of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall not have no any duty as to any Collateral or responsibility for as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Administrative Agent Has No Duty. The powers conferred on the Administrative Agent hereunder are solely to protect its interest (on behalf of the Secured Parties) in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have no duty as to any Collateral or responsibility for taking any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Administrative Agent Has No Duty. The rights and powers conferred on the upon Administrative Agent hereunder are solely to protect its Administrative Agent’s and each Lender’s interest in the Collateral and shall do not impose any duty on it Administrative Agent to exercise any such rights or powers. Except for reasonable care of any Collateral in its Administrative Agent’s possession in accordance with Section 4.4 and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have has no duty as to any Collateral or responsibility for as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Administrative Agent Has No Duty. The In addition to, and not in limitation of, Section 2.5, the powers conferred on the Administrative Agent hereunder are solely to protect its interest (on behalf of the Lender Parties) in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have no duty as to any Collateral or responsibility for as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Administrative Agent Has No Duty. The powers conferred on the Administrative Agent hereunder are solely to protect its interest (on behalf of the Secured Parties) in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have no duty as to any Collateral or responsibility for taking any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.for

Administrative Agent Has No Duty. The powers conferred on the Administrative Agent hereunder are solely to protect its interest (on behalf of the Secured Parties) in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its possession and the accounting for moneys U.S. Pledge Agreement actually received by it hereunder, the Administrative Agent shall have no duty as to any Collateral or responsibility for taking any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.for

Administrative Agent Has No Duty. The powers conferred on the Administrative Agent hereunder are solely to protect its interest in the Security Agreement Collateral and shall not impose any duty on upon it to exercise any such powers. Except for reasonable care of any Collateral as provided in its possession and Section 2.5, the accounting for moneys actually received by it hereunderhereunder and other duties imposed by the UCC upon Secured Parties (unless otherwise modified hereby), the Administrative Agent shall have no duty as to any Security Agreement Collateral or responsibility for taking any necessary steps to preserve rights against prior parties or any other rights pertaining to any Security Agreement Collateral.

Administrative Agent Has No Duty. The powers conferred on the Administrative Agent hereunder are solely to protect its interest (on behalf of the Current Assets Secured Parties) in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have no duty as to any Collateral or responsibility for taking any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.such

Administrative Agent Has No Duty. The powers conferred on the Administrative Agent administrative agent hereunder are solely to protect its interest in the Collateral collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent administrative agent shall have no duty as to any Collateral collateral or responsibility for taking any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateralcollateral.

Administrative Agent Has No Duty. The In addition to, and not in limitation of, Section 2.4, the powers conferred on the Administrative Agent hereunder are solely to protect its Administrative Agent's interest (on behalf of the Lenders) in the Collateral and shall not impose any duty on it to exercise any such powers. Except for the reasonable care of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall not have no any duty as to any Collateral or responsibility for as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Administrative Agent Has No Duty. The In addition to, and not in limitation of, Section 2.4 the powers conferred on the Administrative Agent hereunder are solely to protect its interest (on behalf of the Secured Parties) in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have no duty as to any Collateral or responsibility for as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Administrative Agent Has No Duty. The powers conferred on the Administrative Agent hereunder are solely to protect its interest as a secured party in the Pledged Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Pledged Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have no duty as to any Pledged Collateral or responsibility for taking any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateral.

Administrative Agent Has No Duty. The powers conferred on the Administrative Agent hereunder are solely to protect its interest interest, as the secured party, in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Administrative Agent shall have no duty as to any Collateral or responsibility for taking any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.