Common use of Lender Powers Clause in Contracts

Lender Powers. The powers conferred on the Lender hereunder are solely to protect Lender’s interest in the Collateral and shall not impose any duty on it to exercise any such powers.

Appears in 3 contracts

Samples: Security Agreement (Money4gold Holdings Inc), Security Agreement (Money4gold Holdings Inc), Security Agreement (Collexis Holdings, Inc.)

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Lender Powers. The powers conferred on the Lender hereunder are solely to protect Lender’s interest in the Collateral and shall not impose any duty on it to exercise any such powers.

Appears in 1 contract

Samples: Security Agreement (Eclips Media Technologies, Inc.)

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