Common use of Approvals and Duties Clause in Contracts

Approvals and Duties. Unless expressly provided herein to the contrary, any approval, consent, waiver or satisfaction of Administrative Agent with respect to any matter that is subject of any Transaction Document may be granted or withheld by Administrative Agent in its sole and absolute discretion. Except as otherwise required by law, neither Administrative Agent nor Collateral Agent shall have any responsibility for or obligation or duty with respect to any of the Collateral or any matter or proceeding arising out of or relating thereto, including any obligation or duty to collect any sums due in respect thereof or to protect or preserve any rights pertaining thereto.

Approvals and Duties. Unless expressly provided herein to the contrary, any approval, consent, waiver or satisfaction of Administrative Agent with respect to any matter that is subject of any Transaction Document may be granted or withheld by Administrative Agent and Lenders, as applicable, in its their sole and absolute discretion. Except as otherwise required by law, neither Administrative Agent nor Collateral Agent shall have any no responsibility for or obligation or duty with respect to any of the Collateral or any matter or proceeding arising out of or relating thereto, including including, without limitation, any obligation or duty to collect any sums due in respect thereof or to protect or preserve any rights pertaining thereto.

Approvals and Duties. Unless expressly provided herein to the contrary, any approval, consent, waiver or satisfaction of the Administrative Agent with respect to any matter that is subject of any Transaction Document may be granted or withheld by the Administrative Agent and Lendexx, xx applicable, in its their sole and absolute discretion. Except as otherwise required by law, neither The Administrative Agent nor Collateral Agent shall have any no responsibility for or obligation or duty with respect to any of the Collateral or any matter or proceeding arising out of or relating thereto, including including, without limitation, any obligation or duty to collect any sums due in respect thereof or to protect or preserve any rights pertaining thereto.