Limitation on the Duty of Collateral Agent in Respect of Collateral. The Collateral Agent shall be deemed to have exercised reasonable care as to any Collateral in its possession or control if such Collateral is accorded treatment substantially equal to that which the Collateral Agent accords its own property.
Appears in 2 contracts
Sources: Security Agreement (Panda Interfunding Corp), Security Agreement (Panda Interfunding Corp)