Related Clauses

Representations and Warranties; No Responsibility for Appraisal of Creditworthiness
Limitation of Vendor Indemnification and Similar Clauses This is a requirement of the TIPS Contract and is non-negotiable
Limitation of responsibility of Existing Lenders
No Responsibility for Advances, Creditworthiness, Collateral, Recitals, Etc
No Obligation to Mitigate Damages; No Effect on Other Contractual Rights
Contractor Commitments, Warranties and Representations
Powers and Remedies Cumulative; Delay or Omission Not Waiver of Default
Standard of Care; Reliance on Records and Instructions; Indemnification
Lenders’ Representations, Warranties and Acknowledgment
Representations and Warranties; No Event of Default

Parent Clauses

The Lender
Further Assurances, etc
Best Interests
Miscellaneous Provisions
Exceptions to Confidentiality
Lender
Subrogation, etc
Place of Perfection; Records; Prior Notice of Name Change
Register
Reinstatement

Lender Has No Duty. The powers conferred on the Lender hereunder are solely to protect its interest in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its possession, the Lender shall have no duty with respect to any Collateral.

Appears in 6 contracts

Samples: Junior Mezzanine Pledge and Security Agreement (Behringer Harvard Opportunity REIT I, Inc.), Senior Mezzanine Pledge and Security Agreement (Behringer Harvard Opportunity REIT I, Inc.), Mezzanine Pledge and Security Agreement (Behringer Harvard Opportunity REIT I, Inc.)

Lender Has No Duty. ~~The~~ In addition to, and not in limitation of, Section 2.4, the powers conferred on the Lender hereunder are solely to protect its interest in the Collateral and shall not impose any duty on upon it to exercise any such powers. Except for reasonable care of any Collateral in its ~~possession~~possession and the accounting for moneys actually received by it hereunder, the Lender shall have no duty ~~with respect~~ as to any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Appears in 2 contracts

Samples: Security Agreement (Trace International Holdings Inc), Security Agreement (Trace International Holdings Inc)

Lender Has No Duty. The powers conferred on the Lender hereunder are solely to protect its interest in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its ~~possession~~possession and the accounting for moneys actually received by it hereunder, the Lender shall have no duty ~~with respect~~ as to any ~~Collateral.~~Collateral or responsibility for

Appears in 2 contracts

Samples: Credit Agreement (TransMedics Group, Inc.), Credit Agreement (TransMedics Group, Inc.)

Lender Has No Duty. The powers conferred on the Lender hereunder are solely to protect its interest (on behalf of the Secured Parties) in the Collateral and shall not impose any duty on it to exercise any such powers. Except for reasonable care of any Collateral in its ~~possession~~possession and the accounting for moneys actually received by it hereunder, the Lender shall have no duty ~~with respect~~ as to any Collateral or responsibility for taking any necessary steps to preserve rights against prior parties or any other rights pertaining to any Collateral.

Appears in 1 contract

Samples: Credit Agreement (Coeur Mining, Inc.)

Common use of Lender Has No Duty Clause in Contracts