Common use of Lender's Duties Limited Clause in Contracts

Lender's Duties Limited. The rights granted to Lender in this Agreement are solely for its protection and nothing herein contained imposes on Lender any duties with respect to any property of Creditor or of Debtor heretofore or hereafter received by Lender. Lender has no duty to preserve rights against prior parties on any instrument or chattel paper received from the Debtor as collateral security for the Superior Debt or any portion thereof.

Lender's Duties Limited. The rights granted to Lender in this Agreement are solely for its protection and nothing herein contained imposes on Lender any duties with respect to any property of the Borrower or the Creditor or of Debtor heretofore or hereafter received by Lender beyond reasonable care in the custody and preservation of such property while in Lender's possession. Lender has no duty to preserve rights against prior parties on any instrument or chattel paper received from the Debtor Borrower or Creditor as collateral security for the Superior Debt or any portion thereof.

Lender's Duties Limited. The rights granted to Lender in this Agreement are solely for its protection protection, and nothing herein contained imposes on Lender any duties with respect to any property either of Borrower or of Creditor or of Debtor heretofore or hereafter received by Lender beyond reasonable care in the custody and preservation of such property while in Lender's possession. Lender has no duty to preserve rights against prior parties on any instrument or chattel paper received from the Debtor Borrower or Creditor as collateral security for the Superior Debt or any portion thereof.

Lender's Duties Limited. The rights granted to the Lender in this Agreement are solely for its protection and nothing herein contained imposes on the Lender any duties with respect to any property of the Creditor or of the Debtor heretofore or hereafter received by the Lender. The Lender has no duty to preserve rights against prior parties on any instrument or chattel paper received from the Debtor as collateral security for the Superior Debt or any portion thereof.

Lender's Duties Limited. The rights granted to Lender in this Agreement are solely for its protection and nothing herein contained imposes on Lender any duties with respect to any property either of Borrower or of Creditor or of Debtor heretofore or hereafter received by Lender. Lender has no duty to preserve rights against prior parties on any instrument or chattel paper received from the Debtor Borrower as collateral security for the Superior Debt or any portion thereof.