Common use of Secured Party Not Liable for Failure to Exercise Remedies Clause in Contracts

Secured Party Not Liable for Failure to Exercise Remedies. The Secured Party shall not be liable or accountable for any failure to exercise any of its remedies.

Appears in 3 contracts

Samples: Line of Credit Agreement (Lucy Scientific Discovery, Inc.), Line of Credit Agreement (Lucy Scientific Discovery, Inc.), General Security Agreement (Vista Gold Corp)

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Secured Party Not Liable for Failure to Exercise Remedies. The Secured Party shall not be liable or accountable for any failure to exercise any of its remedies.

Appears in 2 contracts

Samples: Line of Credit and Security Agreement, General Security Agreement

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