Common use of Duties of the Collateral Agent; Standard of Care Clause in Contracts

Duties of the Collateral Agent; Standard of Care. (a) The Collateral Agent's only duties are those expressly set forth in this Agreement, and the Collateral Agent hereby is authorized to perform those duties in accordance with commercially reasonable practices. The Collateral Agent may exercise or otherwise enforce any of its rights, powers, privileges, remedies and interests under this Agreement and applicable law or perform any of its duties under this Agreement by or through its officers, employees, attorneys, or agents.

Appears in 35 contracts

Samples: Collateral Agent Agreement (Rackwise, Inc.), Security Agreement (BioElectronics Corp), Security Agreement (Options Media Group Holdings, Inc.)

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Duties of the Collateral Agent; Standard of Care. (a) The Collateral Agent's ’s only duties are those expressly set forth in this Agreement, and the Collateral Agent hereby is authorized to perform those duties in accordance with commercially reasonable practices. The Collateral Agent may exercise or otherwise enforce any of its rights, powers, privileges, remedies and interests under this Agreement and applicable law or perform any of its duties under this Agreement by or through its officers, employees, attorneys, or agents.

Appears in 20 contracts

Samples: Collateral Agent Agreement (Code Green Apparel Corp), Stock Pledge Agreement (THUMZUP MEDIA Corp), Collateral Agent Agreement

Duties of the Collateral Agent; Standard of Care. (a) The Collateral Agent's only duties are those expressly set forth in this Agreement and the Security Agreement, and the Collateral Agent hereby is authorized to perform those duties in accordance with commercially reasonable practices. The Collateral Agent may exercise or otherwise enforce any of its rights, powers, privileges, remedies and interests under this Agreement, the Security Agreement and applicable law or perform any of its duties under this Agreement and the Security Agreement by or through its officers, employees, attorneys, advisors or agents.

Appears in 3 contracts

Samples: Collateral Agent Agreement (Rvue Holdings, Inc.), Collateral Agent Agreement (Rvue Holdings, Inc.), Collateral Agent Agreement (Rvue Holdings, Inc.)

Duties of the Collateral Agent; Standard of Care. (a) The Collateral Agent's only duties are those expressly set forth in this Agreement, and the Collateral Agent hereby is authorized to perform those duties in accordance with commercially reasonable practices. The Collateral Agent may exercise or otherwise enforce any of its rights, powers, privileges, remedies and interests under this Agreement and applicable law or perform any of its duties under this Agreement by or through its officers, employees, attorneys, or agents.. (Collateral Agent Agreement)

Appears in 1 contract

Samples: Collateral Agent Agreement (Provo International Inc)

Duties of the Collateral Agent; Standard of Care. (a) The Collateral Agent's ’s only duties are those expressly set forth in this AgreementAgreement or the other Transaction Documents, and the Collateral Agent is hereby is authorized to perform those duties in accordance with commercially reasonable practices. The Collateral Agent may may: (i) exercise or otherwise enforce any of its rights, powers, privileges, remedies and interests under this Agreement and Agreement, the other Transaction Documents or applicable law law, or (ii) perform any of its duties under this Agreement or the other Transaction Documents, by or through its officers, directors, employees, attorneys, or agents.

Appears in 1 contract

Samples: Securities Purchase Agreement (Sport Endurance, Inc.)

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Duties of the Collateral Agent; Standard of Care. (a) The Collateral Agent's ’s only duties are those expressly set forth in this Agreement, and the Collateral Agent hereby is authorized to perform those duties in accordance with commercially reasonable practices. The Collateral Agent may exercise or otherwise enforce any of its rights, powers, privileges, remedies and interests under this Agreement and applicable law or perform any of its duties under this Agreement by or through its officers, employees, attorneys, or agents.. (Collateral Agent Agreement)

Appears in 1 contract

Samples: Collateral Agent Agreement (Blastgard International Inc)

Duties of the Collateral Agent; Standard of Care. (a) The a)The Collateral Agent's only duties are those expressly set forth in this Agreement, and the Collateral Agent hereby is authorized to perform those duties in accordance with commercially reasonable practices. The Collateral Agent may exercise or otherwise enforce any of its rights, powers, privileges, remedies and interests under this Agreement and applicable law or perform any of its duties under this Agreement by or through its officers, employees, attorneys, or agents.

Appears in 1 contract

Samples: Collateral Agent Agreement (MAGELLAN GOLD Corp)

Duties of the Collateral Agent; Standard of Care. (a) The Collateral Agent's ’s only duties are those expressly set forth in this Agreement, and the Collateral Agent hereby is authorized to perform those duties in accordance with commercially reasonable practices. The Collateral Agent may exercise or otherwise enforce any of its rights, powers, privileges, remedies and interests under this Agreement and applicable law or perform any of its duties under this Agreement by or through its officers, employees, attorneys, or agents.. 12/2/2008, 2:23 PM

Appears in 1 contract

Samples: Collateral Agent Agreement (Wizzard Software Corp /Co)

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