Common use of No Collection Obligation Clause in Contracts

No Collection Obligation. Secured Party has no duty to collect any income accruing on the Collateral or to preserve any rights relating to the Collateral.

Appears in 38 contracts

Samples: Loan Agreement, Security Agreement (Goldfield Corp), Security Agreement (Goldfield Corp)

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No Collection Obligation. Secured Party has have no duty to collect any income accruing on the Collateral or to preserve any rights relating to the Collateral.

Appears in 2 contracts

Samples: Security Agreement (Paneltech International Holdings, Inc.), Technology Purchase and Royalty Agreement (Hythiam Inc)

No Collection Obligation. The 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 2 contracts

Samples: Security Agreement (Hemacare Corp /Ca/), Security Agreement (Hemacare Corp /Ca/)

No Collection Obligation. 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 (One Stop Systems, Inc.)

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No Collection Obligation. Secured Party has have no duty to collect any income accruing ac- cruing on the Collateral or to preserve any rights relating to the Collateral.

Appears in 1 contract

Samples: Security Agreement

No Collection Obligation. Secured Party has Parties have no duty to collect any income accruing that accrues on any of the Collateral or to preserve any rights relating to any of the Collateral.

Appears in 1 contract

Samples: Security Agreement (Aptimus Inc)

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