Common use of No Duty on Secured Party Clause in Contracts

No Duty on Secured Party. The powers conferred on the Secured Party hereunder are solely to protect its interests in the Collateral and shall not impose any duty upon the Secured Party to exercise any such powers.

Appears in 2 contracts

Samples: Investment Agreement (Management Network Group Inc), Security Agreement (Management Network Group, Inc.)

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No Duty on Secured Party. The powers conferred on the Secured Party hereunder under this Agreement are solely to protect its interests in the Collateral and shall not impose any duty upon the Secured Party it to exercise any such powers.. The Secured Party shall be accountable only for the amounts that it actually receives as a result of the exercise of 13

Appears in 1 contract

Samples: Security Agreement (Cardinal Ethanol LLC)

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No Duty on Secured Party. The powers conferred on the Secured Party hereunder are solely to protect its interests in the Collateral and shall not impose any duty upon the Secured Party it to exercise any such powers.

Appears in 1 contract

Samples: Mortgage Warehousing Agreement (Intuit Inc)

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