Common use of Duty to Use Reasonable Care Clause in Contracts

Duty to Use Reasonable Care. In the event Member delivers Collateral to Bank or its agent pursuant to Section 4 above, the duty of the Bank with respect to said Collateral shall be solely to use reasonable care in the custody and preservation of the Collateral in its possession.

Appears in 2 contracts

Samples: Pledge and Security Agreement (HomeStreet, Inc.), Pledge and Security Agreement Blanket Pledge

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Duty to Use Reasonable Care. In the event Member delivers Collateral to the Bank or its agent pursuant to Section 4 above, the duty of the Bank with respect to said Collateral shall be solely to use reasonable care in the custody and preservation of the Collateral in its possession.

Appears in 2 contracts

Samples: Pledge and Security Agreement Specific Pledge (FBL Financial Group Inc), Pledge and Security Agreement (SLM Corp)

Duty to Use Reasonable Care. In the event Member delivers Collateral to Bank or its agent pursuant to Section 4 above, the duty of the Bank with respect to said Collateral shall be solely to use reasonable care in the custody and preservation of the Collateral in its possession.. APSA-Blanket 3 April 2006

Appears in 1 contract

Samples: Advancing Your (H&r Block Inc)

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Duty to Use Reasonable Care. In the event Member Borrower delivers Collateral to Bank or its agent pursuant to Section 4 above, the duty of the Bank with respect to said Collateral shall be solely to use reasonable care in the custody and preservation of the Collateral in its possession.

Appears in 1 contract

Samples: Pledge and Security Agreement Housing Associate

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