Common use of Preservation of Rights Clause in Contracts

Preservation of Rights. The Collateral Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Collateral.

Appears in 85 contracts

Samples: Senior Secured Revolving Credit Agreement (Bain Capital Specialty Finance, Inc.), Senior Secured Credit Agreement (Franklin BSP Capital Corp), Senior Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.)

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Preservation of Rights. The Collateral Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Collateral.

Appears in 28 contracts

Samples: Security Purchase Agreement, Security Purchase Agreement (Safety Quick Lighting & Fans Corp.), Security Purchase Agreement (Safety Quick Lighting & Fans Corp.)

Preservation of Rights. The Collateral Agent shall not be required to take any steps necessary to preserve any rights against prior parties to any of the Collateral.

Appears in 7 contracts

Samples: Pledge and Security Agreement (Global Clean Energy Holdings, Inc.), Pledge and Security Agreement (Global Clean Energy Holdings, Inc.), Pledge and Security Agreement (Global Clean Energy Holdings, Inc.)

Preservation of Rights. The Collateral Agent shall not be required to take steps necessary to preserve any rights against prior third parties to any of the Collateral.

Appears in 5 contracts

Samples: Pledge and Security Agreement (Vector Group LTD), Pledge and Security Agreement (Vector Group LTD), Pledge and Security Agreement (Vector Group LTD)

Preservation of Rights. The Collateral Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Pledge Agreement Collateral.

Appears in 3 contracts

Samples: Credit Agreement (Cheniere Energy Inc), Credit Agreement (Cheniere Energy Inc), Pledge Agreement (Cheniere Energy Inc)

Preservation of Rights. The Collateral Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Pledged Collateral.

Appears in 2 contracts

Samples: Security Agreement (Renaissance Cosmetics Inc /De/), Security Agreement (Advanced Radio Telecom Corp)

Preservation of Rights. The Collateral Agent shall not be responsible in any way for any depreciation in the value of the Collateral nor be required to take steps necessary to preserve any rights against prior parties to any of the Collateral.

Appears in 2 contracts

Samples: Guarantee, Pledge and Security Agreement (BlackRock TCP Capital Corp.), Guarantee, Pledge and Security Agreement (FIDUS INVESTMENT Corp)

Preservation of Rights. The Collateral Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Collateral.

Appears in 1 contract

Samples: Note Issuance Agreement (Appgate, Inc.)

Preservation of Rights. The Collateral Agent shall not be ----------------------- required to take steps necessary to preserve any rights against prior parties to any of the Collateral.

Appears in 1 contract

Samples: Security Agreement (Igen International Inc /De)

Preservation of Rights. The Collateral Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Sponsor Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Apex Silver Mines LTD)

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Preservation of Rights. The Collateral Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Revolving Credit Collateral.

Appears in 1 contract

Samples: Credit Agreement (Be Aerospace Inc)

Preservation of Rights. The Collateral Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Term Loan Collateral.

Appears in 1 contract

Samples: Credit Agreement (Be Aerospace Inc)

Preservation of Rights. The Collateral Agent shall not be required to take any steps necessary to preserve any rights against prior parties to any of the Pledged Collateral.

Appears in 1 contract

Samples: Credit Agreement (Dynegy Inc.)

Preservation of Rights. The Collateral Agent shall not be required to take steps necessary to preserve any rights against prior other parties to any of the CollateralPledged Property.

Appears in 1 contract

Samples: Pledge and Security Agreement (Fore Systems Inc /De/)

Preservation of Rights. The Collateral Agent shall not be ---------------------- required to take steps necessary to preserve any rights against prior parties to any of the Collateral.

Appears in 1 contract

Samples: Security Agreement (Smithfield Foods Inc)

Preservation of Rights. The Collateral Agent shall not be required to take steps necessary to preserve any rights against prior parties to any of the Collateral and shall not be required to file financing statements or secure the Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Petersen Energia Inversora, S.A.)

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