Common use of Duties Regarding Pledged Collateral Clause in Contracts

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 (Silver Star Energy Inc), Security Agreement (Smartire Systems Inc), Security Agreement (Global It Holdings Inc)

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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 41 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 ’s possession.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Planetlink Communications Inc), Security Agreement (Platina Energy Group Inc.), Security Agreement (Platina Energy Group 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 possessionpossession or under its control.

Appears in 5 contracts

Samples: Security Agreement (Egpi Firecreek, Inc.), Security Agreement (Securac Corp), Security Agreement (Hybrid Fuel Systems)

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)

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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.. EXHIBIT 10.4 - continued

Appears in 1 contract

Samples: Security Agreement (Cmark International Inc)

Duties Regarding Pledged Collateral. The Secured Party Parties 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 Parties’ possession.

Appears in 1 contract

Samples: Security Agreement (Inferx Corp)

Duties Regarding Pledged Collateral. The Secured Party Parties 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 Parties' possession.

Appears in 1 contract

Samples: Security Agreement (Inferx Corp)

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