Custody of Credit Security. Except as provided by applicable law that cannot be waived, the Agent will have no duty as to the custody and protection of the Credit Security, 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 Credit Security in its possession. The Lenders will not be liable or responsible for any loss or damage to any Credit Security, or for any diminution in the value thereof, by reason of the act or omission of any agent selected by the Agent acting in good faith.
Custody of Credit Security. Except as provided by applicable law that cannot be waived, the Lender will have no duty as to the custody and protection of the Credit Security, 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 Credit Security in its possession. The Lender will not be liable or responsible for any loss or damage to any Credit Security, or for any diminution in the value thereof, by reason of the act or omission of any agent selected by the Lender acting in good faith.
Custody of Credit Security. Except as provided by applicable Law that cannot be waived, the Security Trustee will have no duty as to the custody and protection of the Credit Security, 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 Credit Security in its possession. The Security Trustee may delegate by power of attorney or in any other manner to any person any right, power or discretion exercisable by it under or in connection with this Agreement. The Secured Parties will not be liable or responsible for any loss or damage to any Credit Security, or for any diminution in the value thereof, by reason of the act or omission of any agent selected by the Security Trustee, unless the selection of such agent itself was grossly negligent.
Custody of Credit Security. Except as provided by applicable law that cannot be waived, the Agent will have no duty as to the custody and protection of the Credit Security, 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 Credit Security in its possession. The Agent may delegate by power of attorney or in any other manner to any person any right, power or discretion exercisable by it under or in connection with this Agreement. The Lenders will not be liable or responsible for any loss or damage to any Credit Security, or for any diminution in the value thereof, by reason of the act or omission of any agent selected by the Agent, unless the selection of such agent itself was grossly negligent.
Custody of Credit Security. Except as provided by applicable law that cannot be waived, the Agent will have no duty as to the custody and protection of the Credit Security, 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 due care in the custody and physical preservation of any Credit Security in its possession. Absent gross negligence or willful misconduct, the Holders will not be liable or responsible for any loss or damage to any Credit Security, or for any diminution in the value thereof, by reason of the act or omission of any agent selected by the Agent acting in good faith.
Custody of Credit Security. The Collateral Agent will use reasonable care in the custody and physical preservation of any Credit Security in its possession. Except as set forth in the immediately preceding sentence, and except as provided by applicable law that cannot be waived, the Managing Agents and the Lenders will have no duty with respect to the custody and protection of the Credit 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. The Lenders will not be liable or responsible for any loss or damage to any Credit Security, or for any diminution in the value thereof, by reason of the act or omission of any agent selected by the Collateral Agent.
Custody of Credit Security. Except as provided by applicable law that cannot be waived, the Managing Agent will have no duty as to the custody and protection of the Credit Security, 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
Custody of Credit Security. 12 6.4.4. Governmental Consents and Approvals . . . . . . . . . . 13 6.5. Right to Realize upon Credit Security . . . . . . . . . . 13 6.5.1. Marshaling . . . . . . . . . . . . . . . . . . . . . . 13 6.5.2. Sales of Credit Security . . . . . . . . . . . . . . . 14 6.5.3. Sale without Registration . . . . . . . . . . . . . . . 14 6.5.4. Application of Proceeds . . . . . . . . . . . . . . . . 15 6.6.
Custody of Credit Security. The Agent will use reasonable care in the custody and physical preservation of any Credit Security in its possession. Except as set forth in the immediately preceding sentence, and except as provided by applicable law that cannot be waived, the Agent will have no duty with respect to the custody and protection of the Credit Security, 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. The Lenders will not be liable or responsible for any loss or damage to any Credit Security, or for any diminution in the value thereof, by reason of the act or omission of any agent selected by the Agent acting in good faith in a commercially reasonable manner.
Custody of Credit Security. Except as provided by applicable law that cannot be waived, the Managing Agent will have no duty as to the custody and protection of the Credit Security, 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 Credit Security in its possession. The Lenders will not be liable or responsible for any loss or damage to any Credit Security, or for any diminution in the value thereof, by reason of the act or omission of any Managing Agent selected by the Managing Agent acting in good faith.
