Common use of Limitations on Duties and Obligations Clause in Contracts

Limitations on Duties and Obligations. (a) Except as set forth in Section 1.4, First Lien Agent will be solely responsible for perfecting and maintaining the perfection of its Liens on the First Lien Collateral, and Second Lien Agent will be solely responsible for perfecting and maintaining the perfection of its Liens on the Second Lien Collateral.

Limitations on Duties and Obligations. (a) Except as set forth in Section 1.4, First Lien Agent will be solely responsible for perfecting and maintaining the perfection of its Liens on the First Lien Collateral, and except for First Lien Agent's obligations under Section 2.6, Second Lien Agent will be solely responsible for perfecting and maintaining the perfection of its Liens on the Second Lien Collateral.

Limitations on Duties and Obligations. (a) Except as set forth in Section 1.4(1) except for Second Lien Agent’s express obligations under section 1.6, “Pledged Collateral,” each First Lien Agent will be solely responsible for perfecting and maintaining the perfection of its Liens on the its respective First Lien Collateral, and (2) except for each First Lien Agent’s express obligations under section 1.6, “Pledged Collateral,” Second Lien Agent will be solely responsible for perfecting and maintaining the perfection of its Liens on the Second Lien Collateral.

Limitations on Duties and Obligations. (a) Except as set forth in Section 1.4, The First Lien Agent will be solely responsible for perfecting and maintaining the perfection of its Liens on the First Lien Collateral, and except for the First Lien Agent’s obligations under Section 11.1 (Pledged Collateral), the Second Lien Agent will be solely responsible for perfecting and maintaining the perfection of its Liens on the Second Lien Collateral, in each case, acting on the instructions of the relevant Secured Party(ies).