Common use of Diminution in Value of Collateral Clause in Contracts

Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral or Applicable Underlying Loan Collateral, specifically including that which may arise from Lender's negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing cause of any damage.

Appears in 4 contracts

Samples: Loan and Security Agreement (Equivest Finance Inc), Loan and Security Agreement (Equivest Finance Inc), Loan and Security Agreement (Equivest Finance Inc)

AutoNDA by SimpleDocs

Diminution in Value of Collateral. Lender shall not have any no liability or responsibility whatsoever for any diminution in or loss in of value of any of the Collateral or Applicable Underlying Loan Collateral, specifically including that which may arise from Lender's negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing cause of any damage.

Appears in 3 contracts

Samples: Credit Agreement (Gateway Energy Corp/Ne), Credit Agreement (Gateway Energy Corp/Ne), Credit Agreement (Gateway Energy Corp/Ne)

Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral or Applicable Underlying Loan Collateral, specifically including that which may arise from Lender's ’s negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing concurring cause of any damage.

Appears in 2 contracts

Samples: Loan, Security and Pledge Agreement (Federal-Mogul Corp), Loan, Security and Pledge Agreement (Federal-Mogul Corp)

Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral or Applicable Underlying Loan Inventory Collateral, specifically including that which may arise from except and to the extent such diminution or loss is as a result of Lender's ’s gross negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing cause of any damagewillful misconduct.

Appears in 1 contract

Samples: Inventory Loan and Security Agreement (Diamond Resorts Parent, LLC)

Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral or Applicable Underlying Loan Collateral, specifically including except for that which may arise from occurs solely as a direct result of Lender's gross negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing cause of any damagewillful misconduct.

Appears in 1 contract

Samples: Loan and Security Agreement (Equivest Finance Inc)

Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral or Applicable Underlying Loan Inventory Collateral, specifically including that which may arise from Lender's ’s negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing concurring cause of any damage.

Appears in 1 contract

Samples: Inventory Loan and Security Agreement (Diamond Resorts Corp)

Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral or Applicable Underlying Loan Collateral, specifically including that which may arise from Lender's ’s negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing concurring cause of any damage.

Appears in 1 contract

Samples: Loan and Security Agreement (Silverleaf Resorts Inc)

Diminution in Value of Collateral. Lender shall not have any has no liability or responsibility whatsoever for any diminution in or loss of value of any collateral now or in value the future securing payment or performance of any of the Collateral Obligation (other than diminution in or Applicable Underlying Loan Collateral, specifically including that which may arise from Lender's loss of value caused by its own gross negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing cause of any damagewillful misconduct).

Appears in 1 contract

Samples: Credit Agreement (Foxmeyer Health Corp)

Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral or Applicable Underlying Loan Collateral, specifically including that which may arise from Lender's negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing concurring cause of any damage.

Appears in 1 contract

Samples: Loan, Security and Pledge Agreement (Icahn Carl C)

AutoNDA by SimpleDocs

Diminution in Value of Collateral. Lender shall not have any liability --------------------------------- or responsibility whatsoever for any diminution or loss in value of any of the Collateral or Applicable Underlying Loan Collateral, specifically including that which may arise from Lender's negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing cause of any damage.

Appears in 1 contract

Samples: Loan and Security Agreement (Mego Financial Corp)

Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral or Applicable Underlying Loan Transaction Collateral, specifically including that which may arise from Lender's negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing cause of any damage.

Appears in 1 contract

Samples: Loan and Security Agreement (Equivest Finance Inc)

Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral or Applicable Underlying Loan Collateral, specifically including that which may arise from excluding Lender's gross negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing cause of any damageintentional wrongful acts.

Appears in 1 contract

Samples: Construction Loan and Security Agreement (Bluegreen Corp)

Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral or Applicable Underlying Loan Collateral, specifically including that which may arise from Lender's negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing cause of any damage.

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (Silverleaf Resorts Inc)

Diminution in Value of Collateral. Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral or Applicable Underlying Loan Inventory Collateral, specifically including that which may arise from Lender's negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing concurring cause of any damage.

Appears in 1 contract

Samples: Inventory Loan and Security Agreement (Diamond Resorts Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.