Custody of Collateral. Except as provided by applicable law that cannot be waived, Edge will have no duty as to the custody and protection of the Collateral, the collection of any part thereof or of any income thereon or the preservation or exercise of any rights pertaining thereto, including rights against prior parties, except for the use of reasonable care in the custody and physical preservation of any Collateral in its possession.
Appears in 5 contracts
Samples: Note Purchase and Security Agreement (Petcare Television Network Inc), Note Purchase and Security Agreement (Petcare Television Network Inc), Note Purchase and Security Agreement (Petcare Television Network Inc)
