Common use of No Duty on Collateral Agent Clause in Contracts

No Duty on Collateral Agent. The powers conferred on the Collateral Agent hereunder are solely to protect its interests in the Collateral and shall not impose any duty upon it to exercise any such powers. The Collateral Agent shall be accountable only for the amounts that it actually receives as a result of the exercise of such powers, and the Maker agrees to hold harmless and indemnify Collateral Agent and its officers, directors, employees or agents from and against any and all claims, losses and liabilities arising out of or resulting from the Agreement (including without limitation enforcement of this Security Agreement) or Collateral Agent’s interest in the Collateral, except for claims, losses or liabilities arising or resulting from the Collateral Agent’s own gross negligence or willful misconduct.

No Duty on Collateral Agent. The powers conferred on the Collateral Agent hereunder are solely to protect its the interests of the Collateral Agent and the other Senior Secured Parties in the Collateral and shall not impose any duty upon it the Collateral Agent to exercise any such powers. The Collateral Agent shall be accountable only for the amounts that it actually receives as a result of the exercise of such powers, and the Maker agrees to hold harmless and indemnify Collateral Agent and neither it nor any of its officers, directors, employees or agents from and against shall be responsible to any and all claims, losses and liabilities arising out of Grantor for any act or resulting from the Agreement (including without limitation enforcement of this Security Agreement) or Collateral Agent’s interest in the Collateralfailure to act, except for claims, losses or liabilities arising or resulting from the Collateral Agent’s own gross negligence or willful misconduct.

No Duty on Collateral Agent. s Part. The powers conferred on the Collateral Agent hereunder are solely to protect its the Collateral Agent's interests in the Collateral and shall not impose any duty upon it the Collateral Agent to exercise any such powers. The Collateral Agent shall be accountable only for the amounts that it actually receives as a result of the exercise of such powers, and the Maker agrees to hold harmless and indemnify Collateral Agent and neither it nor any of its officers, directors, employees or agents from and against shall be responsible to such Grantor for any and all claims, losses and liabilities arising out of act or resulting from the Agreement (including without limitation enforcement of this Security Agreement) or Collateral Agent’s interest in the Collateralfailure to act hereunder, except for claims, losses or liabilities arising or resulting from the Collateral Agent’s their own gross negligence or willful misconduct.

No Duty on Collateral Agent. The powers conferred on the Collateral Agent hereunder are solely to protect its interests in the Collateral and shall not impose any duty upon it to exercise any such powers. The Collateral Agent shall be accountable only for the amounts that it actually receives as a result of the exercise of such powers, and the Maker agrees to hold harmless and indemnify Collateral Agent and neither it nor any of its officers, directors, employees or agents from and against shall be responsible to Debtor for any and all claims, losses and liabilities arising out of act or resulting from the Agreement (including without limitation enforcement of this Security Agreement) or Collateral Agent’s interest in the Collateralfailure to act, except for claims, losses or liabilities arising or resulting from the Collateral Agent’s own gross negligence or willful misconduct.

No Duty on Collateral Agent. The powers conferred on the Collateral Agent hereunder are solely to protect its the interests of the Collateral Agent and the Lenders in the Collateral and shall not impose any duty upon it the Collateral Agent to exercise any such powers. The Collateral Agent shall be accountable only for the amounts that it actually receives as a result of the exercise of such powers, and the Maker agrees to hold harmless and indemnify Collateral Agent and neither it nor any of its officers, directors, employees or agents from and against shall be responsible to any and all claims, losses and liabilities arising out of Company for any act or resulting from the Agreement (including without limitation enforcement of this Security Agreement) or Collateral Agent’s interest in the Collateralfailure to act, except for claims, losses or liabilities arising or resulting from the Collateral Agent’s 's own gross negligence or willful misconduct.

No Duty on Collateral Agent. The powers conferred on the Collateral Agent hereunder are solely to protect its the interests of the Collateral Agent and the Secured Creditors in the Collateral and shall not impose any duty upon it the Collateral Agent to exercise any such powers. The Collateral Agent shall be accountable only for the amounts that it actually receives as a result of the exercise of such powers, powers and the Maker agrees to hold harmless and indemnify Collateral Agent and neither it nor any of its officers, directors, employees or agents from and against shall be responsible to any and all claims, losses and liabilities arising out of Grantor for any act or resulting from the Agreement (including without limitation enforcement of this Security Agreement) or Collateral Agent’s interest in the Collateralfailure to act, except for claims, losses or liabilities arising or resulting from the Collateral Agent’s 's own gross negligence or willful misconduct.

No Duty on Collateral Agent. The powers conferred on the Collateral Agent hereunder are solely to protect its interests in the Collateral and shall not impose any duty upon it to exercise any such powers. The Collateral Agent shall be accountable only for the amounts that it they actually receives do not receive as a result of the exercise of such powers, powers and the Maker agrees to hold harmless and indemnify Collateral Agent and neither any Purchaser nor any of its officers, directors, employees or agents from and against shall be responsible to the Grantor for any and all claims, losses and liabilities arising out of act or resulting from the Agreement (including without limitation enforcement of this Security Agreement) or Collateral Agent’s interest in the Collateralfailure to act, except for claims, losses or liabilities arising or resulting from the Collateral Agentsuch Purchaser’s own gross negligence or willful misconduct.

No Duty on Collateral Agent. s Part. The powers conferred on the Collateral Agent hereunder are solely to protect its the Collateral Agent's interests in the Collateral and shall not impose any duty upon it the Collateral Agent to exercise any such powers. The Collateral Agent shall be accountable only for the amounts that it actually receives as a result of the exercise of such powers, and the Maker agrees to hold harmless and indemnify Collateral Agent and neither it nor any of its officers, directors, employees or agents from and against shall be responsible to the Grantor for any and all claims, losses and liabilities arising out of act or resulting from the Agreement (including without limitation enforcement of this Security Agreement) or Collateral Agent’s interest in the Collateralfailure to act hereunder, except for claims, losses or liabilities arising or resulting from the Collateral Agent’s their own gross negligence or willful misconduct.

No Duty on Collateral Agent. s Part. The powers conferred on the Collateral Agent hereunder are solely to protect its the Collateral Agent's interests in the Collateral and shall not impose any duty upon it to exercise any such powers. The Collateral Agent shall be accountable only for the amounts that it actually receives as a result of the exercise of such powers, and the Maker agrees to hold harmless and indemnify Collateral Agent and neither it nor any of its officers, directors, employees or agents from and against shall be responsible to Fincx xxx any and all claims, losses and liabilities arising out of act or resulting from the Agreement (including without limitation enforcement of this Security Agreement) or Collateral Agent’s interest in the Collateralfailure to act hereunder, except for claims, losses or liabilities arising or resulting from the Collateral Agent’s its own gross negligence or willful misconduct.

No Duty on Collateral Agent. The powers conferred on the Collateral Agent hereunder are solely to protect its interests in the Collateral and shall not impose any duty upon it to exercise any such powers. The Collateral Agent shall be accountable only for the amounts that it actually receives as a result of the exercise of such powers, powers and the Maker agrees to hold harmless and indemnify Collateral Agent and neither it nor any of its officers, directors, employees or agents from and against shall be responsible to the Grantor for any and all claims, losses and liabilities arising out of act or resulting from the Agreement (including without limitation enforcement of this Security Agreement) or Collateral Agent’s interest in the Collateralfailure to act, except for claims, losses or liabilities arising or resulting from the Collateral Agent’s 's own gross negligence or willful misconduct.

No Duty on Collateral Agent. The powers conferred on the Collateral Agent hereunder are solely to protect its interests in the Collateral and shall not impose any duty upon it to exercise any such powers. The Collateral Agent shall be accountable only for the amounts that it actually receives as a result of the exercise of such powers, and the Maker agrees to hold harmless and indemnify Collateral Agent and neither it nor any of its officers, directors, employees or agents from and against shall be responsible to any and all claims, losses and liabilities arising out of the Obligors for any act or resulting from the Agreement (including without limitation enforcement of this Security Agreement) or Collateral Agent’s interest in the Collateralfailure to act, except for claims, losses or liabilities arising or resulting from the Collateral Agent’s 's own gross negligence or willful misconduct.

No Duty on Collateral Agent. The powers conferred on the Collateral Agent hereunder are solely to protect its the interests of the Collateral Agent and the Holders in the Collateral and shall not impose any duty upon it the Collateral Agent to exercise any such powers. The Collateral Agent shall be accountable only for the amounts that it actually receives as a result of the exercise of such powers, and the Maker agrees to hold harmless and indemnify Collateral Agent and neither it nor any of its officers, directors, employees or agents from and against shall be responsible to any and all claims, losses and liabilities arising out of Grantor for any act or resulting from the Agreement (including without limitation enforcement of this Security Agreement) or Collateral Agent’s interest in the Collateralfailure to act, except for claims, losses or liabilities arising or resulting from the Collateral Agent’s 's own gross negligence or willful misconduct.

No Duty on Collateral Agent. s Part. The powers conferred on the Collateral Agent hereunder are solely to protect its the Collateral Agent's interests in the Collateral and shall not impose any duty upon it to exercise any such powers. The Collateral Agent shall be accountable only for the amounts that it actually receives as a result of the exercise of such powers, and the Maker agrees to hold harmless and indemnify Collateral Agent and neither it nor any of its officers, directors, employees or agents from and against shall be responsible to Xxxxx for any and all claims, losses and liabilities arising out of act or resulting from the Agreement (including without limitation enforcement of this Security Agreement) or Collateral Agent’s interest in the Collateralfailure to act hereunder, except for claims, losses or liabilities arising or resulting from the Collateral Agent’s its own gross negligence or willful misconduct.