Common use of Duties Regarding Pledged Property Clause in Contracts

Duties Regarding Pledged Property. 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 141 contracts

Samples: Security Agreement (Pop N Go Inc), Security Agreement (Americana Publishing Inc), Security Agreement (CepTor CORP)

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Duties Regarding Pledged Property. 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 116 contracts

Samples: Amended and Restated Security Agreement (Homeland Security Capital CORP), Amended and Restated Security Agreement (Homeland Security Capital CORP), Security Agreement (Pure Biofuels Corp)

Duties Regarding Pledged Property. The Each of 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 each of the Secured Party's Parties’ possession.

Appears in 2 contracts

Samples: Security Agreement (SRKP 22 Inc), Indemnification Agreement (SRKP 22 Inc)

Duties Regarding Pledged Property. 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 theretothereon, beyond the safe custody and reasonable care of any of the Pledged Property actually in the Secured Party's ’s possession.

Appears in 2 contracts

Samples: Security Agreement (Astris Energi Inc), Security Agreement (Astris Energi Inc)

Duties Regarding Pledged Property. 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. 6 ARTICLE 6.

Appears in 1 contract

Samples: Subsidiary Security Agreement

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Duties Regarding Pledged Property. 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 that may actually be in the Secured Party's possession.

Appears in 1 contract

Samples: Security Agreement (Gs Agrifuels Corp)

Duties Regarding Pledged Property. 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 (i) the safe custody and reasonable care of any of the Pledged Property actually in the Secured Party's ’s possession, or (ii) any other obligations or duties imposed by the Code.

Appears in 1 contract

Samples: Securities Purchase Agreement (Infinity Resources Holdings Corp.)

Duties Regarding Pledged Property. 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 (Smartire Systems Inc)

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