Common use of Diminution in Value of Collateral Clause in Contracts

Diminution in Value of Collateral. Neither Agent nor any Lender shall have any liability or responsibility whatsoever for any diminution in or loss of value of any Collateral.

Appears in 2 contracts

Samples: Credit Agreement (Pool Energy Services Co), Loan Agreement (Pool Energy Services Co)

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Diminution in Value of Collateral. Neither Agent nor any Lender shall have has any liability or responsibility whatsoever for any diminution in or loss of value of any CollateralCollateral now or hereafter securing payment or performance of all or any part of the Obligation.

Appears in 1 contract

Samples: Loan Agreement (Glowpoint, Inc.)

Diminution in Value of Collateral. Neither The Lenders and the Agent nor any Lender shall have any no liability or responsibility whatsoever for any diminution in or loss of value of any Collateral.

Appears in 1 contract

Samples: Credit Agreement (SFX Broadcasting Inc)

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Diminution in Value of Collateral. Neither Agent nor any Lender shall have any liability or responsibility whatsoever for any diminution in or loss of in value of any of the Collateral, specifically including that which may arise from Agent or any Lender's negligence or inadvertence, whether such negligence or inadvertence is the sole or concurring cause of any damage.

Appears in 1 contract

Samples: Loan and Security Agreement (Silverleaf Resorts Inc)

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