Common use of Limitation on Duties Regarding Collateral Clause in Contracts

Limitation on Duties Regarding Collateral. The Note Collateral Agent's sole duty with respect to the custody, safekeeping and physical preservation of the Collateral in its possession, under Section 9-207 of the UCC or otherwise, shall be to deal with it in the same manner as the Note Collateral Agent deals with similar securities and property for its own account. Neither the Note Collateral Agent, any holder of the Note Obligations nor any of their respective directors, officers, employees, agents or advisors shall be liable for failure to demand, collect or realize upon any of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the Pledgor or otherwise.

Limitation on Duties Regarding Collateral. The Note Except for the safe custody of any Collateral Agent's in its possession and the accounting for moneys actually received by it hereunder, the sole duty of the Collateral Agent with respect to the custody, safekeeping and physical preservation of the Collateral in its possession, under Section 9-207 of the UCC or otherwise, shall be to deal with it in the same manner as the Note Collateral Agent deals with similar securities and property for its own account. Neither the Note Collateral Agent, any holder of the Note Obligations Agent nor any of their respective its directors, officers, employeesemployees or agents, agents or advisors shall be liable for failure to demand, collect or realize upon any of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the Pledgor Debtor or otherwise.

Limitation on Duties Regarding Collateral. The Note Collateral Agent's sole duty with respect to the custody, safekeeping and physical preservation of the Collateral in SEVENTH AMENDED AND RESTATED CREDIT AGREEMENT its possession, under Section 9-207 of the UCC or otherwise, shall be to deal with it in the same manner as the Note Collateral Agent deals with similar securities and property for its own account. Neither the Note Collateral Agent, any holder of the Note Obligations Agent nor any of their respective its directors, officers, employees, employees or agents or advisors shall be liable for failure to demand, collect or realize upon any of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the Pledgor or otherwise.

Limitation on Duties Regarding Collateral. The Note Collateral Agent's ------------------------------------------ sole duty with respect to the custody, safekeeping safe-keeping and physical preservation of the Collateral in its possession, under Section 9-207 of the UCC or otherwise, shall be to deal with it in the same manner as the Note Collateral Agent deals with similar securities and property for its own accountaccount and to otherwise perform its obligations in accordance with the standards set forth in the UCC. Neither the Note Collateral Agent, any holder of the Note Obligations Agent nor any of their respective its directors, officers, employees, employees or agents or advisors shall be liable for failure to demand, collect or realize upon any of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the any Pledgor or otherwise.

Limitation on Duties Regarding Collateral. The Note Collateral Agent's sole duty with respect to the custody, safekeeping and physical preservation of the Collateral in its possession, under Section 9-207 of the UCC or otherwise, shall be to deal with it in the same manner as the Note Collateral Agent deals with similar securities and property for its own account. Neither the Note Collateral Agent, any holder of the Note Obligations Obligations, nor any of their respective directors, officers, employees, agents or advisors advisors, shall be liable for failure to demand, collect or realize upon any of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of the Pledgor or otherwise.