Common use of Care and Custody of Collateral Clause in Contracts

Care and Custody of Collateral. (1) Neither the Collateral Agent nor any other Secured Creditor has any obligation to keep Collateral in their possession identifiable.

Appears in 3 contracts

Samples: Credit Agreement (Bway Parent Company, Inc.), Security Agreement (BWAY Holding CO), Security Agreement (Bway Corp)

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Care and Custody of Collateral. (1) Neither the The Collateral Agent nor any and the other Secured Creditor has any Creditors shall have no obligation to keep Collateral in their possession identifiable.

Appears in 2 contracts

Samples: Credit Agreement (General Cable Corp /De/), Credit Agreement (General Cable Corp /De/)

Care and Custody of Collateral. (1) Neither the The Collateral Agent nor any other and the Secured Creditor has any Creditors shall have no obligation to keep Collateral in their possession identifiable.

Appears in 2 contracts

Samples: Security Agreement (Avery Berkel Holdings LTD), Security Agreement (Avery Berkel Holdings LTD)

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Care and Custody of Collateral. (1) Neither the Collateral Agent nor any other Secured Creditor Party has any obligation to keep Collateral in their its possession identifiable.

Appears in 1 contract

Samples: Security Agreement (Affinia Group Holdings Inc.)

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