Limitations on Obligations Concerning Maintenance of Collateral. (a) Debtor has the risk of loss of the Collateral. (b) A Secured Parties shall have no duty to collect any income accruing on the Collateral or to preserve any rights relating to the Collateral.
Appears in 1 contract
Sources: Security Agreement (Neoprobe Corp)
Limitations on Obligations Concerning Maintenance of Collateral. (ai) Debtor Borrower has the risk of loss of the CollateralCollateral other than Collateral in the possession of, or under the control of, Lender.
(bii) A Secured Parties Lender shall have no duty to collect any income accruing on the Collateral or to preserve any rights relating to the Collateral.
Appears in 1 contract
Sources: Loan and Security Agreement (Applied Innovation Inc)
Limitations on Obligations Concerning Maintenance of Collateral. (ai) Debtor has the risk of loss of the Collateral.
(bii) A Secured Parties shall have Party has no duty to collect any income accruing on the Collateral or to preserve any rights relating to the Collateral.
Appears in 1 contract
Limitations on Obligations Concerning Maintenance of Collateral. (a) Debtor has the risk of loss of the Collateral.
(b) A Secured Parties Party shall have no duty to collect any income accruing on the Collateral or to preserve any rights relating to the Collateral.
Appears in 1 contract
Sources: Security Agreement (Neoprobe Corp)