Loss to Pledged Security Collateral. The Pledge Custodian shall not be liable for any loss with respect to any Pledged Security Collateral in its possession (except for any loss resulting from the Pledge Custodian’s willful misconduct or negligence), nor shall such loss diminish the Obligations.
Appears in 5 contracts
Samples: Pledge and Security Agreement (America First Multifamily Investors, L.P.), Pledge and Security Agreement (America First Multifamily Investors, L.P.), Pledge and Security Agreement (America First Multifamily Investors, L.P.)
Loss to Pledged Security Collateral. The Pledge Custodian shall not be liable for any loss with respect to any Pledged Security Collateral in its possession (except for any loss resulting from the Pledge Custodian’s willful misconduct or gross negligence), nor shall such loss diminish the Obligations.
Appears in 2 contracts
Samples: Pledge and Security Agreement, Pledge and Security Agreement (Centerline Holding Co)