Certain Waivers by the Grantor. No Secured Party shall have any obligation to protect, secure, perfect or insure any Lien at any time held as security for the Secured Obligations or any property subject thereto, except as required by applicable law with respect to any Pledged Assets.
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Samples: Pledge Agreement (RenPac Holdings Inc.), Pledge Agreement (RenPac Holdings Inc.), Pledge Agreement (RenPac Holdings Inc.)
Certain Waivers by the Grantor. No Secured Party shall have any obligation to protect, secure, perfect or insure any Lien at any time held by them as security for the Secured Obligations or any property subject thereto, except as required by applicable law with respect to any Pledged Assets.
Appears in 2 contracts
Samples: Accounts Pledge Agreement (RenPac Holdings Inc.), Accounts Pledge Agreement (RenPac Holdings Inc.)
Certain Waivers by the Grantor. No Secured Party shall have any obligation to protect, secure, perfect or insure any Lien at any time held as security for the Secured Obligations or any property subject thereto, thereto except as required by applicable law with respect to any Pledged AssetsQuotas.
Appears in 1 contract