DUTIES AS TO COLLATERAL Sample Clauses

DUTIES AS TO COLLATERAL. Guarantor(s) will preserve the Collateral, if any, pledged by Guarantor(s) to secure this Guarantee. SBA has no duty to preserve or dispose of any Collateral.
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DUTIES AS TO COLLATERAL. Guarantor will preserve the Collateral pledged by Guarantor to secure this Guarantee. Lender has no duty to preserve or dispose of any Collateral.
DUTIES AS TO COLLATERAL. The powers conferred on the Agent and the Banks hereunder are solely to protect their respective interest in the Collateral and shall not impose any duty upon the Agent or any Bank to exercise any such powers. Except for the safe custody of any Collateral in its possession and the accounting for moneys actually received by it hereunder, the Agent and the Banks shall not have any duty as to any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.
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