Common use of Agent’s Duties Clause in Contracts

Agent’s Duties. The powers conferred on the Agent under this Security Agreement are solely to protect its interest in the Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Collateral in its possession and the accounting for monies actually received by it hereunder, the Agent shall have no duty as to any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Agent’s Duties. The powers conferred on the Agent under this Security Agreement hereunder are solely to protect its interest and the interests of the Banks in the Collateral and shall not impose any duty upon it to exercise any such powerspowers except as provided herein. Except for the safe custody of any Collateral in its possession and the accounting for monies actually received by it hereunder and performing its other express duties hereunder, the Agent shall have no duty as to any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Agent’s Duties. The powers conferred on the Agent under this Security Agreement hereunder are solely to protect its interest interests in the Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Collateral in its possession and the accounting for monies moneys actually received by it hereunder, the Agent shall have no duty as to any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Agent’s Duties. The powers conferred on the Agent under this Security Agreement hereunder are solely to protect its interest in the Pledged Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Pledged Collateral in its possession and the accounting for monies moneys actually received by it hereunder, the Agent shall have no duty as to any Pledged Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateral.

Agent’s Duties. The powers conferred on the Agent under this Security Agreement hereunder are solely to protect its interest in the Collateral for the benefit of the Secured Parties and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Collateral in its possession and the accounting for monies actually received by it hereunderas expressly provided herein, the Agent shall have no duty as to take any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateralthe security interest granted hereby.

Agent’s Duties. The powers conferred on the Agent under this Security Agreement hereunder are solely to protect its the Secured Parties' interest in the Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Collateral in its possession and the accounting for monies moneys actually received by it hereunder, the Agent shall not have no any duty as to any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Agent’s Duties. The powers conferred on the Agent under this Security Agreement hereunder are solely to protect its interest and the interests of the Banks and the CP Holders in the Collateral and shall not impose any duty upon it to exercise any such powerspowers except as provided herein. Except for the safe custody of any Collateral in its possession and the accounting for monies actually received by it hereunder and performing its other express duties hereunder, the Agent shall have no duty as to any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Agent’s Duties. The powers conferred on the Agent under this Security Agreement hereunder are solely to protect its interest in the Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Collateral in its possession and the accounting for monies moneys actually received by it hereunder, the Agent shall have no duty as to any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or Or any other rights pertaining to any Collateral.. The Agent shall be deemed to have

Agent’s Duties. The powers conferred on the Agent under this Security Agreement are solely to protect its interest in the Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Collateral in its the Agent’s possession and the accounting for monies actually received by it hereunderthe Agent under this Agreement, the Agent shall have no duty as in respect of any Collateral nor shall the Agent have any duty to take any steps to preserve any rights against any Collateral or as to the taking of against any necessary steps to preserve rights against prior parties or any other rights pertaining to any CollateralPerson.