Common use of Duties Limited Clause in Contracts

Duties Limited. The rights granted to the Collateral Agent and the holders of Senior Indebtedness under this Article Ten are solely for their protection and nothing herein contained imposes upon them any duties with respect to any property of the Company, its Subsidiaries or of any Holder heretofore or hereafter received by the Collateral Agent or the holders of Senior Indebtedness.

Appears in 2 contracts

Sources: Junior Subordinated Debenture Indenture (Huntway Partners L P), Junior Subordinated Debenture Indenture (Huntway Partners L P)