Common use of Rights of Secured Parties; Limitations on Secured Parties’ Obligations Clause in Contracts

Rights of Secured Parties; Limitations on Secured Parties’ Obligations. None of the Collateral Agent, the Lender or the Hedge Counterparty shall have any obligation or liability under any Contract or any other Collateral by reason of or arising out of this Loan Agreement or the receipt by the Collateral Agent, the Lender or the Hedge Counterparty of any payment relating to such Contract or any other Collateral pursuant hereto, nor shall the Collateral Agent, the Lender or the Hedge Counterparty be obligated in any manner to perform any of the obligations of LEAF Originator, the Borrower or LEAF under or pursuant to any Contract or any other Collateral, to make any payment, to make any inquiry as to the nature or the sufficiency of any payment received by it or as to the sufficiency of any performance by any party under any Contract or any other Collateral, to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts which may have been assigned to it or to which it may be entitled at any time or times.

Rights of Secured Parties; Limitations on Secured Parties’ Obligations. None of the Collateral Agent, the Lender or the Hedge Counterparty shall have any obligation or liability under any Contract or any other Collateral by reason of or arising out of this Loan Agreement or the receipt by the Collateral Agent, the Lender or the Hedge Counterparty of any payment relating to such Contract or any other Collateral pursuant hereto, nor shall any of the Collateral Agent, the Lender or the Hedge Counterparty be obligated in any manner to perform any of the obligations of LEAF Originator, the Borrower or LEAF FinPac under or pursuant to any Contract or any other Collateral, to make any payment, to make any inquiry as to the nature or the sufficiency of any 18 Warehouse and Security Agreement payment received by it or as to the sufficiency of any performance by any party under any Contract or any other Collateral, to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts which may have been assigned to it or to which it may be entitled at any time or times.

Rights of Secured Parties; Limitations on Secured Parties’ Obligations. None of the Collateral Agent, the Lender or the Hedge Counterparty shall not have any obligation or liability under any Contract Pledged Residual Interest Instrument or any other Collateral by reason of or arising out of this Loan Agreement or the receipt by the Collateral Agent, the Lender or the Hedge Counterparty of any payment relating to such Contract Pledged Residual Interest Instrument or any other Collateral pursuant hereto, nor shall the Collateral Agent, the Lender or the Hedge Counterparty be obligated in any manner to perform any of the obligations of LEAF Originator, the Borrower or LEAF under or pursuant to any Contract Trust Agreement or any other Collateral, to make any payment, to make any inquiry as to the nature or the sufficiency of any payment received by it or as to the sufficiency of any performance by any party under any Contract Pledged Residual Interest Instrument or any other Collateral, to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts which may have been assigned to it or to which it may be entitled at any time or times.