Common use of Duties of Lender Clause in Contracts

Duties of Lender. The powers conferred on Lender hereunder are solely to protect its interest in the Collateral and shall not impose any duty upon it to exercise any such powers. Lender's duty with reference to the Collateral shall be solely to use slight care in the custody and preservation of the Collateral, which shall not include any steps necessary to preserve rights against prior parties. Lender shall have no responsibility or liability for the collection of any Collateral or by reason of any invalidity, lack of value or uncollectability of any of the payments received by it.

Duties of Lender. The powers conferred on Lender hereunder are solely to protect its interest the interests of Lender on behalf of the Lender in the Collateral and shall not impose on it any duty upon it to exercise any such powers. Lender's Except as provided in Section 9-207 of the Code, Lender shall have no duty with reference respect to the Collateral shall be solely to use slight care in the custody and preservation of the Collateral, which shall not include or any responsibility for taking any necessary steps necessary to preserve rights against prior parties. Lender shall have no responsibility or liability for the collection of any Collateral or by reason of Persons with respect to any invalidity, lack of value or uncollectability of any of the payments received by itCollateral.

Duties of Lender. The powers conferred on Lender hereunder are solely to protect its interest interests in the Pledged Collateral and shall not impose on it any duty upon it to exercise any such powers. Lender's Except as provided in Section 9-207 of the Code, Lender shall have no duty with reference respect to the Pledged Collateral shall be solely to use slight care in the custody and preservation of the Collateral, which shall not include or any responsibility for taking any necessary steps necessary to preserve rights against prior parties. Lender shall have no responsibility or liability for the collection of any Collateral or by reason of Persons with respect to any invalidity, lack of value or uncollectability of any of the payments received by itPledged Collateral.

Duties of Lender. The powers conferred on Lender hereunder are solely to protect its Lender's interest in the Collateral and and, except as otherwise provided herein, shall not impose any duty upon it to exercise any such powers. Lender's Except for the safe custody of any Collateral or any portion thereof in its possession, Lender shall have no duty with reference as to the Collateral shall be solely or as to use slight care in the custody and preservation taking of the Collateral, which shall not include any necessary steps necessary to preserve rights against prior other parties. Lender shall have no responsibility or liability for the collection of any Collateral or by reason of any invalidity, lack of value or uncollectability of any of the payments received by it.

Duties of Lender. The powers conferred on Lender hereunder are solely to protect its interest in the Collateral and shall not impose any duty upon it to exercise any such powers. Lender's ’s duty with reference to the Collateral shall be solely to use slight reasonable care in the custody and preservation of the Collateral, which shall not include any steps necessary to preserve rights against prior parties. Lender shall have no responsibility or liability for the collection of any Collateral or by reason of any invalidity, lack of value or uncollectability of any of the payments received by it.

Duties of Lender. The powers conferred on Lender hereunder are solely to protect its interest in the Collateral and shall not impose any duty upon it to exercise any such powers. LenderXxxxxx's duty with reference to the Collateral shall be solely to use slight care in the custody and preservation of the Collateral, which shall not include any steps necessary to preserve rights against prior parties. Lender shall have no responsibility or liability for the collection of any Collateral or by reason of any invalidity, lack of value or uncollectability of any of the payments received by it.

Duties of Lender. The powers conferred on the Lender hereunder are solely to protect its interest the Lender’s interests in the Pledged Collateral and shall not impose any duty upon it to exercise any such powers. Lender's Except for the safe custody of any Pledged Collateral in its possession, the Lender shall not have any duty with reference as to any Pledged Collateral or as to the Collateral shall be solely to use slight care in the custody and preservation taking of the Collateral, which shall not include any necessary steps necessary to preserve rights against prior parties. Lender shall have no responsibility parties or liability for the collection of any Collateral or by reason of other rights pertaining to any invalidity, lack of value or uncollectability of any of the payments received by itPledged Collateral.