Custody and Safekeeping. The Secured Party’s sole duty with respect to the custody, safekeeping and physical preservation of Collateral in its possession, if any, shall be to deal with it in a similar manner as the Secured Party deals with similar property for similar customers, subject to Section 9-207 of the NYUCC and subject to the protections and limitations on liability afforded to the Secured Party under this Agreement.
Appears in 6 contracts
Samples: Security Agreement, Security Agreement, Security Agreement
Custody and Safekeeping. The Secured Party’s sole duty with respect to the custody, safekeeping and physical preservation of Collateral in its possession, if any, shall be to deal with it in a similar manner as the Secured Party deals with similar property for similar customers, subject to Section 9-207 of the NYUCC and subject to the protections and limitations on liability afforded to the Secured Party under this Agreement.
Appears in 1 contract
Samples: Security Agreement
