Common use of Collection of the Loan Clause in Contracts

Collection of the Loan. Neither the Administrative Agent nor any Secured Party shall ever be liable for any failure to use due diligence in the collection of any and all amounts due and owing under this Agreement or any other Loan Document.

Appears in 5 contracts

Samples: Intercreditor Agreement (Asbury Automotive Group Inc), Escrow and Security Agreement (Asbury Automotive Group Inc), Escrow and Security Agreement (Asbury Automotive Group Inc)

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Collection of the Loan. Neither the Administrative Agent nor any Revolving Secured Party shall ever be liable for any failure to use due diligence in the collection of any and all amounts due and owing under this the Notes, the Revolving Credit Agreement or any other Loan DocumentDocuments, or any part thereof.

Appears in 4 contracts

Samples: Escrow and Security Agreement (Sonic Automotive Inc), Escrow and Security Agreement (Sonic Automotive Inc), Escrow and Security Agreement (Sonic Automotive Inc)

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Collection of the Loan. Neither the Administrative Agent nor any Secured Party shall ever be liable for any failure to use due diligence in the collection of any and all amounts due and owing under this the Notes, the Credit Agreement or any other Loan DocumentDocuments, or any part thereof.

Appears in 2 contracts

Samples: Escrow and Security Agreement (Sonic Automotive Inc), Escrow and Security Agreement (Sonic Automotive Inc)

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