Common use of Duties Regarding Pledged Collateral Clause in Contracts

Duties Regarding Pledged Collateral. The Secured Party shall have no duty as to the collection or protection of the Pledged Property or any income thereon or as to the preservation of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Pledged Property actually in the Secured Party's possession.

Appears in 116 contracts

Sources: Security Agreement (Hyperdynamics Corp), Security Agreement (Smartire Systems Inc), Security Agreement (Eyi Industries Inc)

Duties Regarding Pledged Collateral. The Secured Party shall have no duty as to the collection or protection of the Pledged Property or any income thereon or as to the preservation of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Pledged Property actually in the Secured Party's ’s possession.

Appears in 42 contracts

Sources: Security Agreement (Intelligent Living Inc.), Security Agreement (Cargo Connection Logistics Holding, Inc.), Security Agreement (TurkPower Corp)

Duties Regarding Pledged Collateral. The Secured Party shall have no duty as to the collection or protection of the Pledged Property Collateral or any income thereon or as to the preservation of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Pledged Property Collateral actually in the Secured Party's ’s possession.

Appears in 6 contracts

Sources: Securities Purchase Agreement (Planetlink Communications Inc), Security Agreement (Buckeye Ventures, Inc.), Security Agreement (Platina Energy Group Inc.)

Duties Regarding Pledged Collateral. The Secured Party shall have no duty as to the collection or protection of the Pledged Property or any income thereon or as to the preservation of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Pledged Property actually in the Secured Party's possessionpossession or under its control.

Appears in 5 contracts

Sources: Security Agreement (Egpi Firecreek, Inc.), Security Agreement (Hybrid Fuel Systems), Security Agreement (Walker Financial Corp)

Duties Regarding Pledged Collateral. The Secured Party shall have no duty as to the collection or protection of the Pledged Property Collateral or any income thereon or as to the preservation of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Pledged Property Collateral actually in the Secured Party's possession.

Appears in 2 contracts

Sources: Security Agreement (Smartire Systems Inc), Security Agreement (Aesp Inc)

Duties Regarding Pledged Collateral. The Secured Party Parties shall have no duty as to the collection or protection of the Pledged Property or any income thereon or as to the preservation of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Pledged Property actually in the Secured Party's Parties’ possession.

Appears in 1 contract

Sources: Security Agreement (Inferx Corp)

Duties Regarding Pledged Collateral. The Secured Party Parties shall have no duty as to the collection or protection of the Pledged Property or any income thereon or as to the preservation of any rights pertaining thereto, beyond the safe custody and reasonable care of any of the Pledged Property actually in the Secured Party's Parties' possession.

Appears in 1 contract

Sources: Security Agreement (Inferx Corp)