Duties Regarding Pledged Collateral. The Secured Party shall have no duty as to the collection or protection of the Pledged Property or any income thereon or as to the preservation of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Pledged Property actually in the Secured Party's possession.
Appears in 116 contracts
Samples: Security Agreement (Hyperdynamics Corp), Security Agreement (Hyperdynamics Corp), Security Agreement (Silver Star Energy Inc)
Duties Regarding Pledged Collateral. The Secured Party shall have no duty as to the collection or protection of the Pledged Property or any income thereon or as to the preservation of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Pledged Property actually in the Secured Party's ’s possession.
Appears in 42 contracts
Samples: Security Agreement (Intelligent Living Inc.), Security Agreement (Cargo Connection Logistics Holding, Inc.), Security Agreement (TurkPower Corp)
Duties Regarding Pledged Collateral. The Secured Party shall have no duty as to the collection or protection of the Pledged Property Collateral or any income thereon or as to the preservation of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Pledged Property Collateral actually in the Secured Party's possession.
Appears in 2 contracts
Samples: Security Agreement (Smartire Systems Inc), Security Agreement (Aesp Inc)
