Limitations on Obligations Concerning Maintenance of Collateral. (i) Debtor has the risk of loss of the Collateral. (ii) Secured Party has no duty to collect any income accruing on the Collateral.
Appears in 1 contract
Limitations on Obligations Concerning Maintenance of Collateral. (ia) Debtor has the risk of loss of the Collateral.
(iib) A Secured Party has shall have no duty to collect any income accruing on the Collateral or to preserve any rights relating to the Collateral.
Appears in 1 contract
Samples: Security Agreement (Neoprobe Corp)
Limitations on Obligations Concerning Maintenance of Collateral. (i) Debtor Borrower has the risk of loss of the CollateralCollateral other than Collateral in the possession of, or under the control of, Lender.
(ii) Secured Party has Lender shall have no duty to collect any income accruing on the Collateral or to preserve any rights relating to the Collateral.
Appears in 1 contract
Samples: Loan and Security Agreement (Applied Innovation Inc)
Limitations on Obligations Concerning Maintenance of Collateral. (ia) Debtor has the risk of loss of the Collateral.
(iib) A Secured Party has Parties shall have no duty to collect any income accruing on the Collateral or to preserve any rights relating to the Collateral.
Appears in 1 contract
Samples: Security Agreement (Neoprobe Corp)
