Liability of Lender. Lender shall not in any way be liable for the condition or maintenance of the Collateral or any failure to do any or all of the actions for which rights and authority arc granted in this Agreement. The failure of Lender to take any of the actions or exercise any of the rights, interests, powers, or authority granted to Lender under this Agreement shall not be confined to be a waiver of any of the rights, interests, powers, or authority granted to Lender under this Agreement. In exercise of its rights and remedies Lender shall not have any liability to Borrower for any injury to the assets, business, or operations of Borrower or any other liability, other than for Lender’s own gross negligence or willful misconduct.
Appears in 3 contracts
Samples: Master Loan and Security Agreement (Ameriquest, Inc.), Master Loan and Security Agreement (Ameriquest, Inc.), Master Loan and Security Agreement (Ameriquest, Inc.)
Liability of Lender. Lender shall not in any way be liable for the condition or maintenance of the Collateral or any failure to do any or all of the actions for which rights and authority arc granted in this Agreement. Agreement The failure of Lender to take any of the actions or exercise any of the rights, interests, powers, or authority granted to Lender under this Agreement shall not be confined construed to be a waiver of any of the rights, interests, powers, or authority granted to Lender under this Agreement. Agreement In exercise of its rights and remedies Lender shall not have any liability to Borrower for any injury to the assets, business, or operations of Borrower or any other liability, other than titan for Lender’s own on gross negligence or willful misconduct.
Appears in 2 contracts
Samples: Master Loan and Security Agreement (Mammoth Energy Partners LP), Master Loan and Security Agreement (Mammoth Energy Partners LP)
