Certain Rights Regarding Collateral and Liabilities. (a) The Pledgee shall not be liable for its failure to collect or realize upon the Liabilities or any collateral, security or guaranty therefor, or any part thereof, or for any delay in so doing, nor shall the Pledgee be under any obligation to take any action whatsoever with respect thereto.
Appears in 6 contracts
Samples: Stock Pledge Agreement (Omniquip International Inc), Stock Pledge Agreement (Omniquip International Inc), Convertible Debt Unit Pledge Agreement (Incomnet Inc)
Certain Rights Regarding Collateral and Liabilities. (a) ). The Pledgee shall not be liable for its failure to collect or realize upon the Liabilities or any collateral, security or guaranty therefor, or any part thereof, or for any delay in so doing, nor shall the Pledgee be under any obligation to take any action whatsoever with respect thereto.
Appears in 1 contract
Samples: Stock Pledge Agreement (Omniquip International Inc)
