Duties of Collateral Agent. Notwithstanding any provision contained in this Agreement, neither Collateral Agent nor any member of the holders of the Notes shall have any duty to exercise any of the rights, privileges or powers afforded to it and shall not be responsible to Debtor or any other Person for any failure to do so or delay in doing so.
Appears in 2 contracts
Sources: Security Agreement (Interdent Inc), Security Agreement (Interdent Inc)