Common use of Secured Party's Duties Clause in Contracts

Secured Party's Duties. The powers conferred upon the Secured Party by this Agreement are solely to protect its interest in the Property and will not impose any duty upon the Secured Party to exercise any such powers. The Secured Party shall be under no duty whatsoever to make or give any presentment, demand for performance, notice of nonperformance, protest, notice of protest, notice of dishonor, or other notice or demand in connection with any of the Property or the Secured Indebtedness, or to take any steps necessary to preserve any rights against prior parties. The Secured Party shall not be liable for failure to collect or realize upon any or all of the Secured Indebtedness or Property, or for any delay in so doing, nor shall the Secured Party be under any duty to take any action whatsoever with regard thereto.

Secured Party's Duties. The powers conferred upon the Secured Party by this Agreement are solely to protect its interest in the Property and will not impose any duty upon the Secured Party to exercise any such powers. The Secured Party shall will be under no duty whatsoever to make or give any presentment, demand for performance, notice of nonperformance, protest, notice of protest, notice of dishonor, or other notice or demand in connection with any of the Property or the Secured Indebtedness, or to take any steps necessary to preserve any rights against prior other parties. The Secured Party shall will not be liable for failure to collect or realize upon any or all of the Secured Indebtedness or Property, or for any delay in so doing, nor shall will the Secured Party be under any duty to take any action whatsoever with regard thereto.

Secured Party's Duties. The powers conferred upon the Secured Party by this Agreement are solely to protect its the interest of Secured Party in the Property Collateral and will shall not impose any duty upon the Secured Party to exercise any such powers. The Secured Party shall be under no duty whatsoever to make or give any presentment, demand for performance, notice of nonperformance, protest, notice of protest, notice of dishonor, or other notice or demand in connection with any of the Property Collateral or the Secured IndebtednessObligations, or to take any steps necessary to preserve any rights against prior parties. The Secured Party shall not be liable for failure to collect or realize upon any or all of the Secured Indebtedness Obligations or PropertyCollateral, or for any delay in so doing, nor shall the Secured Party be under any duty to take any action whatsoever with regard thereto.

Secured Party's Duties. The powers conferred upon the Secured Party by this Agreement are solely to protect its interest in the Property and will not impose any duty upon the Secured Party to exercise any such powers. The Except as may otherwise be provided in the Loan Agreement, the Secured Party shall will be under no duty whatsoever to make or give any presentment, demand for performance, notice of nonperformance, protest, notice of protest, notice of dishonor, or other notice or demand in connection with any of the Property or the Secured Indebtedness, or to take any steps necessary neces-sary to preserve any rights against prior parties. The Secured Party shall will not be liable for failure to collect or realize upon any or all of the Secured Indebtedness or Property, or for any delay in so doing, nor shall will the Secured Party be under any duty to take any action whatsoever with regard thereto.

Secured Party's Duties. The powers conferred upon the Secured Party by this Agreement are solely to protect its interest in the Property Collateral and will not impose any duty upon the Secured Party to exercise any such powers. The Secured Party shall be under no duty whatsoever to make or give any presentment, demand for performance, notice of nonperformance, protest, notice of protest, notice of dishonor, or other notice or demand in connection with any of the Property Collateral or the Secured Indebtedness, or to take any steps necessary to preserve any rights against prior parties. The Secured Party shall not be liable for failure to collect or realize upon any or all of the Secured Indebtedness or PropertyCollateral, or for any delay in so doing, nor shall the Secured Party be under any duty to take any action whatsoever with regard thereto.

Secured Party's Duties. The powers conferred upon the Secured Party by this Agreement are solely to protect its interest the interests of Chesapeake, the Holders, the Trustee and the Secured Party in the Property and will not impose any duty upon the Secured Party to exercise any such powers. The Secured Party shall will be under no duty whatsoever to make or give any presentment, demand for performance, notice of nonperformance, protest, notice of protest, notice of dishonor, or other notice or demand in connection with any of the Property or the Secured Indebtedness, or to take any steps necessary to preserve any rights against prior parties. The Secured Party shall will not be liable for failure to collect or realize upon any or all of the Secured Indebtedness or Property, or for any delay in so doing, nor shall will the Secured Party be under any duty to take any action whatsoever with regard thereto.

Secured Party's Duties. The powers conferred upon the Secured Party by this Agreement are solely to protect its interest in the Property and will not impose any duty upon the Secured Party to exercise any such powers. The Except as may otherwise be provided in the Loan Agreement, the Secured Party shall will be under no duty whatsoever to make or give any presentment, demand for performance, notice of nonperformance, protest, notice of protest, notice of dishonor, or other notice or demand in connection with any of the Property or the Secured Indebtedness, or to take any steps necessary to preserve any rights against prior parties. The Secured Party shall will not be liable for failure to collect or realize upon any or all of the Secured Indebtedness or Property, or for any delay in so doing, nor shall will the Secured Party be under any duty to take any action whatsoever with regard thereto.