Common use of Limitation on Duties Regarding Preservation of Collateral Clause in Contracts

Limitation on Duties Regarding Preservation of Collateral. The Lender’s sole duty with respect to the custody, safekeeping and preservation of the Collateral, under Section 9-207 of the UCC or otherwise, shall be to deal with it in the same manner as the Lender deal with similar property for its own account. Neither the Lender nor any of their respective directors, officers, employees or agents shall be liable for failure to demand, collect or realize upon all or any part of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the Borrower or otherwise.

Limitation on Duties Regarding Preservation of Collateral. The Lender’s Lenders' Representatives sole duty with respect to the custody, safekeeping and physical preservation of the CollateralCollateral in its possession, under Section 9-207 of the UCC or otherwise, shall be to deal with it in the same manner as the Lender Lenders' Representative would deal with similar property for its own account. Neither the Lender Lenders' Representative nor any of their respective its partners, directors, officers, employees or agents shall be liable for failure to demand, collect or realize upon all or any part of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the Borrower Grantor or otherwise.

Limitation on Duties Regarding Preservation of Collateral. The Lender’s sole duty with respect to the custody, safekeeping and physical preservation of the CollateralCollateral in its possession, under Section 9-207 of the UCC or otherwise, shall be to deal with it in the same manner as the Lender deal deals with similar property for its own account. Neither the Lender nor any of their respective its directors, officers, officers or employees or agents shall be liable for failure to demand, collect or realize upon all or any part of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the Borrower or otherwise.

Limitation on Duties Regarding Preservation of Collateral. The Lender’s sole duty to Borrower with respect to the custody, safekeeping and physical preservation of the CollateralCollateral in its possession, under Section 9-207 of the UCC or otherwise, shall be to deal with it such Collateral in the same manner as the a commercially reasonable manner. Lender deal with similar property for its own accountshall have no obligation to take any steps to preserve rights against prior parties to any Collateral. Neither the Lender nor any of their respective directorsits managers, officers, employees or agents shall be liable for failure to demand, collect or realize upon all or any part of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the Borrower or otherwise.

Limitation on Duties Regarding Preservation of Collateral. The Lender’s sole duty Collateral Agent shall be deemed to have exercised reasonable care with respect to the custody, safekeeping and physical preservation of the CollateralCollateral in its possession, under Section 9-207 of the UCC or otherwise, shall be if it takes such action with respect to deal with it in the same manner Collateral as the Lender deal with similar property for its own accountAdministrative Agent instructs. Neither None of the Lender nor Collateral Agent, the Administrative Agent or any of their respective directors, officers, officers or employees or agents shall be liable for failure to demand, collect or realize upon all or any part of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the Borrower or otherwise.

Limitation on Duties Regarding Preservation of Collateral. The Lender’s Secured Parties’ sole duty with respect to the custody, safekeeping and physical preservation of the CollateralCollateral in its possession, under Section 9-207 9a.207 of the UCC or otherwise, shall be to deal with it in the same manner as the Lender Secured Parties deal with similar property for its own account. Neither the Lender Secured Parties nor any of their respective directors, officers, members, managers, partners, employees or agents shall be liable for failure to demand, collect or realize upon all or any part of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the Borrower Debtors or otherwise.

Limitation on Duties Regarding Preservation of Collateral. The Lender’s 's sole duty with respect to the custody, safekeeping and physical preservation of the CollateralCollateral in its possession, under Section 9-207 of the UCC or otherwise, shall be to deal with it in the same manner as the Lender would deal with similar property for its own account. Neither the Lender nor any of their respective its partners, directors, officers, employees or agents shall be liable for failure to demand, collect or realize upon all or any part of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the Borrower Grantor or otherwise.

Limitation on Duties Regarding Preservation of Collateral. The --------------------------------------------------------- Lender’s 's sole duty with respect to the custody, safekeeping and physical preservation of the CollateralCollateral in its possession, under Section 9-207 9207 of the UCC or otherwise, shall be to deal with it in the same manner as the Lender would deal with similar property for its own account. Neither the The Lender nor or any of their respective its directors, officers, officers or employees or agents shall not be liable for failure to demand, collect or realize upon all or any part of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the Borrower Pledgor or otherwise.