No Duty to Protect. This is a pledge and assignment of Pledgor's rights and benefits in the Collateral without an assumption by Secured Party of any of Pledgor's duties or obligations attendant thereto. Except for physical safeguarding of the stock certificate(s) included in the Collateral delivered to Secured Party, Secured Party shall have no duty to protect, insure, collect or realize upon the Collateral or any proceeds therefrom nor shall Secured Party have any obligations to any third party by virtue of Secured Party's possession of the Collateral.
Appears in 4 contracts
Samples: Stock Pledge Agreement (Raintree Healthcare Corp), Stock Pledge Agreement (Garcia Ernest C Ii), Stock Pledge Agreement (Ugly Duckling Corp)
No Duty to Protect. This is a pledge and assignment of Pledgor's ’s rights and benefits in the Collateral without an assumption by Secured Party of any of Pledgor's ’s duties or obligations attendant thereto. Except for physical safeguarding of the stock certificate(s) included in the Collateral delivered to Secured Party, Secured Party shall have no duty to protect, insure, collect or realize upon the Collateral or any proceeds therefrom nor shall Secured Party have any obligations to any third party by virtue of Secured Party's ’s possession of the Collateral.
Appears in 3 contracts
Samples: Stock Pledge Agreement (Global Water Resources, Inc.), Stock Pledge Agreement (Global Water Resources, Inc.), Stock Pledge Agreement (Global Water Resources, Inc.)
No Duty to Protect. This is a pledge and assignment of Pledgor's rights and benefits in the Collateral without an assumption by Secured Party of any of Pledgor's duties or obligations attendant thereto. Except for physical safeguarding of the stock certificate(s) included in the Collateral delivered to Secured Party, Secured Party shall have no duty to protect, insure, collect or realize upon the Collateral or any proceeds therefrom nor shall Secured Party have any obligations to any third party by virtue of Secured Party's possession of the Collateral.the
Appears in 2 contracts
Samples: Stock Pledge Agreement (Raintree Healthcare Corp), Stock Pledge Agreement (Raintree Healthcare Corp)
No Duty to Protect. This is a pledge and assignment of Pledgor's ------------------ rights and benefits in the Collateral without an assumption by Secured Party of any of Pledgor's duties or obligations attendant thereto. Except for physical safeguarding of the stock certificate(s) included in the Collateral delivered to Secured Party, Secured Party shall have no duty to protect, insure, collect or realize upon the Collateral or any proceeds therefrom nor shall therefrom. Secured Party shall not have any obligations obligation to any third party by virtue of Secured Party's possession of the Collateral.
Appears in 2 contracts
Samples: Stock Pledge and Security Agreement (CPS Systems Inc), Stock Pledge and Security Agreement (CPS Systems Inc)
No Duty to Protect. This is a pledge and assignment of Pledgor's rights and benefits in the Collateral without an assumption by Secured Party Parties of any of Pledgor's duties or obligations attendant thereto. Except for physical safeguarding of the stock certificate(s) included in the Collateral delivered to Secured PartyParties, Secured Party Parties shall have no duty to protect, insure, collect or realize upon the Collateral or any proceeds therefrom nor shall Secured Party Parties have any obligations to any third party by virtue of Secured Party's Partys' possession of the Collateral.
Appears in 1 contract
