Common use of Care and Diligence Clause in Contracts

Care and Diligence. The failure of any Agent or any Lender or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property or security;

Appears in 10 contracts

Samples: Guaranty Agreement (Ocean Energy Inc), Guaranty Agreement (Ocean Energy Inc), Guaranty Agreement (United Meridian Corp)

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Care and Diligence. The failure of any Agent or any Lender or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property or security;

Appears in 9 contracts

Samples: Guaranty Agreement (Queen Sand Resources Inc), Guaranty Agreement (Queen Sand Resources Inc), Guaranty Agreement (United Meridian Corp)

Care and Diligence. The the failure of any Agent or any Lender or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property property or security;

Appears in 2 contracts

Samples: Guaranty Agreement (Ocean Energy Inc /Tx/), Revolving Credit Agreement (Ocean Energy Inc /Tx/)

Care and Diligence. The failure of any the Agent or any Lender or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property or security;

Appears in 2 contracts

Samples: Guaranty Agreement (Flores & Rucks Inc /De/), Guaranty Agreement (Ocean Energy Inc)

Care and Diligence. The failure of any Agent or any the Global Administrative Agent, the Lender Parties or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateralCollateral, Property property or security;.

Appears in 2 contracts

Samples: u.s. Revolving Credit Agreement (Brown Tom Inc /De), Canadian Revolving Credit Agreement (Brown Tom Inc /De)

Care and Diligence. The failure of any Agent or any Lender or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property property or security;

Appears in 2 contracts

Samples: Credit Agreement (Imperial Resources, LLC), Credit Agreement (Midcoast Energy Resources Inc)

Care and Diligence. The failure of any Agent or any Lender Bank or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property property or security;

Appears in 2 contracts

Samples: Revolving Credit Agreement (Ocean Energy Inc /Tx/), 364 Day Credit Agreement (Ocean Energy Inc /Tx/)

Care and Diligence. The failure of any Agent or any Lender or any other Person person or party to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, the Property or security;any collateral at any time securing payment of the Guaranteed Debt.

Appears in 1 contract

Samples: Guaranty (Steadfast Income REIT, Inc.)

Care and Diligence. The failure of any Agent or any the Lender or any other Person ------------------ to exercise diligence or reasonable care in the preservation, protection, enforcement, sale sale, or other handling or treatment of all or any part of such collateralCollateral, Property Guarantor Collateral, Property, or security;

Appears in 1 contract

Samples: Guaranty Agreement (Pendaries Petroleum LTD)

Care and Diligence. The failure of any Agent or any Lender or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property or securitythe Collateral;

Appears in 1 contract

Samples: Credit Agreement (Cliffs Drilling Co)

Care and Diligence. The failure of any Agent or any Lender the Participants or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property property or security;

Appears in 1 contract

Samples: Credit Agreement (Willbros Group Inc)

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Care and Diligence. The failure of any Agent or any Lender the Agent, Lenders or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property property or security;

Appears in 1 contract

Samples: Guaranty Agreement (Kinder Morgan Energy Partners Lp)

Care and Diligence. The failure of any Agent or any Lender the Noteholders or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property property or security;

Appears in 1 contract

Samples: Indenture (Brigham Holdings Ii LLC)

Care and Diligence. The failure of any the Agent or any Lender of the Banks or any other Person party to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property property or security;

Appears in 1 contract

Samples: Amendment No. 1 and Waiver Agreement (Enhance Financial Services Group Inc)

Care and Diligence. The failure of any Agent or any the Lender or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale sale, or other handling or treatment of all or any part of such collateralCollateral, Property Guarantor Collateral, Property, or security;

Appears in 1 contract

Samples: Guaranty (Harken Energy Corp)

Care and Diligence. The failure of any Agent or any Lender Purchaser or any other Person party to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property property, or security;

Appears in 1 contract

Samples: Note Purchase Agreement (Ace Cash Express Inc/Tx)

Care and Diligence. The failure of any of Collateral Agent or any the Lender Group or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property or security;

Appears in 1 contract

Samples: Guaranty Agreement (Corrida Resources Inc)

Care and Diligence. The failure of any Agent or any Lender the Trustee, Agent, Noteholders or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, Property property or security;

Appears in 1 contract

Samples: Guaranty Agreement (Brigham Exploration Co)

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