No Liability of Mortgagee in Collecting. Mortgagee is hereby absolved from all liability for failure to enforce collection of any Rents so assigned (and no such failure shall be deemed to be waiver of any right of Mortgagee under this Article 6) and from all other responsibility in connection therewith, except the responsibility to account to Mortgagor for funds actually received.
Appears in 3 contracts
Samples: Intercreditor Agreement (Armstrong Coal Company, Inc.), Security Agreement (Armstrong Energy, Inc.), Security Agreement (Armstrong Resource Partners, L.P.)
No Liability of Mortgagee in Collecting. Mortgagee is hereby absolved from all liability for failure to enforce collection of any Rents proceeds so assigned (and no such failure shall be deemed to be a waiver of any right of Mortgagee under this Article 6III) and from all other responsibility in connection therewith, except the responsibility to account to Mortgagor for funds actually received.
Appears in 1 contract
Samples: Calpine Corp