Common use of Duties of Collateral Agent Clause in Contracts

Duties of Collateral Agent. The Collateral Agent undertakes to perform only such duties as are expressly set forth herein. The duties and responsibilities of the Collateral Agent hereunder shall be determined solely by the express provisions of this Agreement and no other or further duties or responsibilities shall be implied.

Appears in 2 contracts

Sources: Security and Pledge Agreement (Nab Exchangeable Preferred Trust), Security and Pledge Agreement (Nab Exchangeable Preferred Trust)

Duties of Collateral Agent. The Collateral Agent undertakes to perform only such duties as are expressly set forth herein. The duties and responsibilities of the Collateral Agent hereunder shall be determined solely by the express provisions of this Security and Pledge Agreement and no other or further duties or responsibilities shall be implied.

Appears in 1 contract

Sources: Security and Pledge Agreement (Dollar General Strypes Trust)