Disclaimer of Certain Duties. The powers conferred upon Secured Party by this Agreement are to protect its interest in the Collateral and shall not impose any duty upon Secured Party to exercise any such powers. Pledgor hereby agrees that Secured Party shall not be liable for, nor shall the indebtedness evidenced by the Obligations be diminished by, Secured Party’s delay or failure to collect upon, foreclose, sell, take possession of or otherwise obtain value for the Collateral.
Appears in 7 contracts
Sources: Pledge and Security Agreement (Williams Randa Duncan), Pledge and Security Agreement (Williams Randa Duncan), Pledge and Security Agreement (Williams Randa Duncan)
Disclaimer of Certain Duties. The powers conferred upon ------------------------------ Secured Party by this Agreement are to protect its interest in the Collateral and shall not impose any duty upon Secured Party to exercise any such powers. Pledgor hereby agrees that Secured Party shall not be liable for, nor shall the indebtedness evidenced by the Obligations be diminished by, Secured Party’s 's delay or failure to collect upon, foreclose, sell, take possession of or otherwise obtain value for the Collateral.
Appears in 3 contracts
Sources: Pledge and Security Agreement (St Mary Land & Exploration Co), Credit Agreement (St Mary Land & Exploration Co), Pledge and Security Agreement (St Mary Land & Exploration Co)
Disclaimer of Certain Duties. The powers conferred upon Secured Party by this Agreement are to protect its interest in the Collateral and shall not impose any duty upon Secured Party to exercise any such powers. Pledgor Debtor hereby agrees that Secured Party shall not be liable for, nor shall the indebtedness Indebtedness evidenced by the Obligations Liabilities be diminished by, Secured Party’s delay or 's failure to collect upon, foreclose, sell, take possession of or otherwise obtain value for the Collateral.
Appears in 3 contracts
Sources: Security Agreement (BLC Financial Services Inc), Security Agreement (BLC Financial Services Inc), Security Agreement (BLC Financial Services Inc)
Disclaimer of Certain Duties. The powers conferred upon Secured Party by this Agreement are to protect its interest in the Collateral and shall not impose any duty upon Secured Party to exercise any such powers. Pledgor Debtor hereby agrees that Secured Party shall not be liable for, nor shall the indebtedness evidenced by the Obligations be diminished by, Secured Party’s 's delay or failure to collect upon, foreclose, sell, take possession of or otherwise obtain value for the Collateral.
Appears in 2 contracts
Sources: Security Agreement (Triathlon Broadcasting Co), Security Agreement (Edge Petroleum Corp)
Disclaimer of Certain Duties. The powers conferred upon ---------------------------- Secured Party by this Agreement are to protect its interest in the Collateral and shall not impose any duty upon Secured Party to exercise any such powers. Pledgor hereby agrees that Secured Party shall not be liable for, nor shall the indebtedness evidenced by the Obligations be diminished by, Secured Party’s 's delay or failure to collect upon, foreclose, sell, take possession of or otherwise obtain value for the Collateral.
Appears in 2 contracts
Sources: Pledge and Security Agreement (St Mary Land & Exploration Co), Pledge and Security Agreement (St Mary Land & Exploration Co)
Disclaimer of Certain Duties. The powers conferred upon Secured Party by this Agreement are to protect its interest in the Collateral and shall not impose any duty upon Secured Party Party, Agent or any Noteholder to exercise any such powers. Pledgor hereby agrees that Secured Party shall not be liable for, nor shall the indebtedness evidenced by the Obligations be diminished by, Secured Party’s 's delay or failure to collect upon, foreclose, sell, take possession of or otherwise obtain value for the Collateral.
Appears in 1 contract
Sources: Indenture (Brigham Holdings Ii LLC)
Disclaimer of Certain Duties. (a) The powers conferred upon Secured Party by this Agreement are to protect its Secured Party’s interest in the Collateral and shall not impose any duty upon Secured Party to exercise any such powers. The Pledgor hereby agrees that Secured Party shall not be liable for, nor shall the indebtedness evidenced by the Obligations be diminished by, Secured Party’s delay or failure to collect upon, foreclose, sell, take possession of or otherwise obtain value for the Collateral.
Appears in 1 contract
Disclaimer of Certain Duties. The powers conferred upon Secured Party by this Agreement are to protect its interest in the Collateral and shall not impose any duty upon Secured Party to exercise any such powers. Pledgor hereby agrees that Secured Party shall not be liable for, nor shall the indebtedness evidenced by the Obligations be diminished by, Secured Party’s 's delay or failure to collect upon, foreclose, sell, take possession of or otherwise obtain value for the Collateral.
Appears in 1 contract
Disclaimer of Certain Duties. The powers conferred upon Secured ---------------------------- Party by this Agreement are to protect its interest in the Collateral and shall not impose any duty upon Secured Party to exercise any such powers. Pledgor hereby agrees that Secured Party shall not be liable for, nor shall the indebtedness evidenced by the Obligations be diminished by, Secured Party’s 's delay or failure to collect upon, foreclose, sell, take possession of or otherwise obtain value for the Collateral.
Appears in 1 contract
Disclaimer of Certain Duties. The powers conferred upon Secured Party by this Agreement are to protect its interest in the Collateral and shall not impose any duty upon Secured Party or any Lender to exercise any such powers. Pledgor To the fullest extent permitted by applicable law, Debtor hereby agrees that Secured Party shall not be liable for, nor shall the indebtedness evidenced by the Obligations be diminished by, Secured Party’s 's delay or failure to collect upon, foreclose, sell, take possession of or otherwise obtain value for the Collateral.
Appears in 1 contract
Sources: Security Agreement (Kinder Morgan Energy Partners Lp)