Common use of Liability for Collateral Clause in Contracts

Liability for Collateral. The Borrower hereby agrees that: (a) so long as the Lender Group complies with its obligations, if any, under Section 9207 of the Code, the Lender Group shall not in any way or manner be liable or responsible for: (i) the safekeeping of the Collateral; (ii) any loss or damage thereto occurring or arising in any manner or fashion from any cause; (iii) any diminution in the value thereof; or (iv) any act or default of any carrier, warehouseman, bailee, forwarding agency, or other Person; and (b) all risk of loss, damage, or destruction of the Collateral shall be borne by the Borrower.

Liability for Collateral. The Borrower Borrowers hereby agrees agree that: (a) so long as Agent and the Lender Group complies Lenders comply with its their respective obligations, if any, under Section 9207 of the CodeUCC, neither the Agent nor any Lender Group shall not in any way or manner be liable or responsible for: (i) the safekeeping of the Collateral; , (ii) any loss or damage thereto occurring or arising in any manner or fashion from any cause; , (iii) any diminution in the value thereof; , or (iv) any act or default of any carrier, warehouseman, bailee, forwarding agency, or other Person; , and (b) all risk of loss, damage, or destruction of the Collateral shall be borne by the BorrowerBorrowers.

Liability for Collateral. The Borrower Debtors hereby agrees agree that: (a) so long as the Lender Group complies with its obligations, if any, under Section 9207 of the Code, neither Lender nor the Lender Group Secured Parties shall not in any way or manner be liable or responsible for: (i) the safekeeping of the Collateral; (ii) any loss or damage thereto occurring or arising in any manner or fashion from any cause; (iii) any diminution in the value thereof; or (iv) any act or default of any carrier, warehouseman, bailee, forwarding agency, or other Person; and (b) all risk of loss, damage, or destruction of the Collateral shall be borne by the BorrowerDebtors.

Liability for Collateral. The Borrower hereby agrees that: ------------------------ (a) so long as the Lender Group complies with its obligations, if any, under Section 9207 of the Code, the Lender Group shall not in any way or manner be liable or responsible for: (i) the safekeeping of the Collateral; (ii) any loss or damage thereto occurring or arising in any manner or fashion from any cause; (iii) any diminution in the value thereof; or (iv) any act or default of any carrier, warehouseman, bailee, forwarding agency, or other Person; and (b) all risk of loss, damage, or destruction of the Collateral shall be borne by the Borrower.