Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral, specifically including that which may arise from Lender's negligence or inadvertence, whether such negligence or inadvertence is the sole or concurring cause of any damage.
Appears in 3 contracts
Samples: Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Atlantic Coast Entertainment Holdings Inc), Loan and Security Agreement (Silverleaf Resorts Inc)
Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral, specifically including that which may arise from Lender's negligence or inadvertenceinadvertence (other than Lender's gross negligence or willful misconduct), whether such negligence or inadvertence is the sole or concurring cause of any damage.damage provided that Lender has treated the Collateral with the same degree of care that it treats its own notes and the
Appears in 1 contract
Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral, specifically including that which may arise from Lender's negligence or inadvertence, whether such negligence or inadvertence is the sole or concurring cause of any damage., but specifically excluding any diminution or loss in value which is actually and proximately
Appears in 1 contract
Samples: Loan and Security Agreement (Silverleaf Resorts Inc)
