Common use of Agent’s Liability for Collateral Clause in Contracts

Agent’s Liability for Collateral. So long as Agents and Lenders comply with reasonable banking practices regarding the safekeeping of the Collateral, Agents and Lenders shall not be liable or responsible for: (a) the safekeeping of the Collateral; (b) any loss or damage to the Collateral; (c) any diminution in the value of the Collateral; or (d) any act or default of any carrier, warehouseman, bailee, or other Person. Borrower bears all risk of loss, damage or destruction of the Collateral.

Agent’s Liability for Collateral. So long as Agents and Lenders comply with reasonable banking practices regarding the safekeeping of the Collateral, neither Agents and nor Lenders shall not be liable or responsible for: (a) the safekeeping of the Collateral; (b) any loss or damage to the Collateral; (c) any diminution in the value of the Collateral; or (d) any act or default of any carrier, warehouseman, bailee, or other Person. Borrower bears all risk of loss, damage or destruction of the Collateral.

Agent’s Liability for Collateral. So long as Agents Agent and Lenders comply with reasonable banking practices regarding the safekeeping of the Collateral, Agents Agent and Lenders shall not be liable or responsible for: (a) the safekeeping of the Collateral; (b) any loss or damage to the Collateral; (c) any diminution in the value of the Collateral; or (d) any act or default of any carrier, warehouseman, bailee, or other Person. Subject to the preceding sentence, Borrower bears all risk of loss, damage or destruction of the Collateral.

Agent’s Liability for Collateral. So long as Agents and Lenders comply If Agent complies with reasonable banking practices regarding the safekeeping of the Collateralpractices, Agents and Lenders shall it is not be liable or responsible for: (a) the safekeeping of the Collateral; (b) any loss or damage to the Collateral; (c) any diminution in the value of the Collateral; or (d) any act or default of any carrier, warehouseman, bailee, or other Personperson. Borrower bears Borrowers bear all risk of loss, damage or destruction of the Collateral.

Agent’s Liability for Collateral. So long as Agents Agent and Lenders comply with reasonable banking practices regarding the safekeeping of the Collateral, Agents Administrative Agent and Lenders shall not be liable or responsible for: (a) the safekeeping of the Collateral; (b) any loss or damage to the Collateral; (c) any diminution in the value of the Collateral; or (d) any act or default of any carrier, warehouseman, bailee, or other Person. Borrower bears all risk of loss, damage or destruction of the Collateral.

Agent’s Liability for Collateral. So long as Agents the Agent and Lenders comply with reasonable banking commercial lending practices regarding the safekeeping of the Collateral, Agents the Agent and Lenders shall not be liable or responsible for: (a) the safekeeping of the Collateral; (b) any loss or damage to the Collateral; (c) any diminution in the value of the Collateral; or (d) any act or default of any carrier, warehouseman, bailee, or other Person. Borrower bears all risk of loss, damage or destruction of the Collateral.