Common use of Collateral Agent’s Duties Clause in Contracts

Collateral Agent’s Duties. The powers conferred on the Collateral Agent hereunder are solely to protect its interest in the Pledged Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Pledged Collateral in its possession and the accounting for moneys actually received by it hereunder, the Collateral Agent shall have no duty as to any Pledged Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateral.

Collateral Agent’s Duties. The powers conferred on the Collateral Agent hereunder are solely to protect its interest (on behalf of itself, the Trustee and the Noteholders) in the Pledged Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Pledged Collateral in its possession and the accounting for moneys actually received by it hereunder, the Collateral Agent shall have no duty as to any Pledged Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateral.

Collateral Agent’s Duties. The powers conferred on the Collateral Agent hereunder are solely to protect its interest in the Pledged Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Pledged Collateral in its possession and the accounting for moneys actually received by it hereunder, the Collateral Agent shall have no duty as to any Pledged Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateral.

Collateral Agent’s Duties. The powers conferred on the Collateral Agent hereunder are solely to protect its interest in the Pledged Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Pledged Collateral in its possession and the accounting for moneys actually received by it hereunder, the Collateral Agent shall have no duty as to any Pledged Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateral.

Collateral Agent’s Duties. The powers conferred on Notwithstanding any provision contained in this Agreement, the Collateral Agent hereunder are solely shall have no duty to protect its interest in exercise any of the Pledged Collateral rights, privileges or powers afforded to it and shall not impose be responsible to the Company or any duty upon it other Person for any failure to do so or delay in doing so. Beyond the exercise any such powers. Except for of reasonable care to assure the safe custody of any Pledged Collateral in its the Collateral Agent's possession and the accounting for moneys actually received by it the Collateral Agent hereunder, the Collateral Agent shall have no duty as or liability to exercise or preserve any Pledged Collateral rights, privileges or as powers pertaining to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateral.

Collateral Agent’s Duties. The powers conferred on Notwithstanding any provision contained in this Agreement, the Collateral Agent hereunder are solely shall have no duty to protect its interest in exercise any of the Pledged Collateral rights, privileges or powers afforded to it and shall not impose be responsible to Grantor or any duty upon it other Person for any failure to do so or delay in doing so. Beyond the exercise any such powers. Except for of reasonable care to assure the safe custody of any Pledged Collateral in its the Collateral Agent's possession and the accounting for moneys actually received by it the Collateral Agent hereunder, the Collateral Agent shall have no duty as or liability to exercise or preserve any Pledged Collateral rights, privileges or as powers pertaining to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateral.

Collateral Agent’s Duties. The powers conferred on the Collateral Agent hereunder are solely to protect its interest in the Pledged Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Pledged Collateral in its possession and the accounting for moneys actually received by it hereunder, the The Collateral Agent shall have no duty as to any Pledged Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateral.

Collateral Agent’s Duties. The powers conferred on the Collateral Agent hereunder are solely to protect its interest in the Pledged Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Pledged Collateral in its possession and the accounting for moneys actually received by it hereunder, the Collateral Agent shall not have no any duty as to any Pledged Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateral.

Collateral Agent’s Duties. The powers conferred on the Collateral Agent hereunder are solely to protect its interest and the interests of the Noteholders in the Pledged Collateral and shall not impose any duty upon it to exercise any such powerspowers except as provided herein. Except for the safe custody of any Pledged Collateral in its possession and the accounting for moneys monies actually received by it hereunder and performing its other express duties hereunder, the Collateral Agent shall have no duty as to any Pledged Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateral.

Collateral Agent’s Duties. The powers conferred on the Collateral Agent hereunder are solely to protect its Collateral Agent’s interest in the Pledged Collateral Collateral, for the benefit of the Secured Parties, and shall not impose any duty upon it Collateral Agent to exercise any such powers. Except for the safe custody of any Pledged Collateral in its actual possession and the accounting for moneys actually received by it hereunder, the Collateral Agent shall have no duty as to any Pledged Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateral.

Collateral Agent’s Duties. The powers conferred on the Collateral Agent hereunder are solely to protect its interest in the Pledged Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Pledged Collateral in its possession and the accounting for moneys actually received by it hereunder, the Collateral Agent shall have no duty as to any Pledged Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged CollateralCol- lateral.

Collateral Agent’s Duties. The powers conferred on the Collateral Agent hereunder are solely to protect its interest in the Pledged Collateral for the benefit of the Secured Parties and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Pledged Collateral in its possession and the accounting for moneys actually received by it hereunderas expressly provided herein, the Collateral Agent shall have no duty as to take any Pledged Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Pledged Collateralthe security interest granted hereby.

Collateral Agent’s Duties. The powers conferred on the Collateral Agent hereunder are solely to protect its and Lender Group’s interest in the Pledged Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Pledged Collateral in its possession and the accounting for moneys actually received by it hereunder, the Collateral Agent shall have no duty as to any Pledged Collateral Collateral, or as to the taking of any necessary steps to preserve rights against prior any parties or any other rights pertaining to any Pledged Collateral.

Collateral Agent’s Duties. The powers conferred on the Collateral Agent hereunder are solely to protect its interest in the Pledged Collateral and shall not impose any duty upon it to exercise any such powers. Except for the safe custody of any Pledged Collateral in its possession and the accounting for moneys actually received by it hereunder, the Collateral Agent shall have no duty as to any Pledged Collateral, as to ascertaining or taking action with respect to calls, conversions, exchanges, maturities, tenders or other matters relative to any Collateral, whether or not Collateral Agent has or is deemed to have knowledge of such matters, or as to the taking of any necessary steps to preserve rights against prior any parties or any other rights pertaining to any Pledged Collateral.