No Liability in Secured Party. Secured Party is hereby absolved from all liability for failure to enforce collection of any such proceeds and from all other responsibility in connection therewith, except the responsibility to account to Debtor for proceeds actually received.
Appears in 6 contracts
Samples: Mortgage, Security Agreement, Assignment of Production and Proceeds, Financing Statement and Fixture Filing (Lilis Energy, Inc.), Deed of Trust (Recovery Energy, Inc.), Mortgage, Security Agreement, Assignment of Production and Proceeds, Financing Statement and Fixture Filing (Recovery Energy, Inc.)
No Liability in Secured Party. Secured Party is hereby absolved from all liability for failure to enforce collection of any such proceeds and from all other responsibility in connection therewith, except the responsibility to account to Debtor Debtors for proceeds actually received.
Appears in 1 contract
Samples: Deed of Trust (Foreland Corp)
No Liability in Secured Party. Secured Party is hereby absolved from all liability for failure to enforce collection of any such Rents and proceeds and from all other responsibility in connection therewith, except the responsibility to account to Debtor Debtors for proceeds actually received.
Appears in 1 contract
