Common use of Care and Diligence Clause in Contracts

Care and Diligence. The failure of the Lenders or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, property or security;

Appears in 62 contracts

Samples: Guaranty Agreement (Enterprise Products Partners L.P.), Guaranty Agreement (Enterprise Products Partners L.P.), Guaranty Agreement (Enterprise Products Partners L.P.)

AutoNDA by SimpleDocs

Care and Diligence. The failure of the Lenders or any other Person to exercise diligence or reasonable care in the preservation, protection, enforcement, sale or other handling or treatment of all or any part of such collateral, property or security, including, without limitation, pursuant to a Custodial Agreement or any power of attorney granted thereunder;

Appears in 2 contracts

Samples: Credit Agreement (Diamondback Energy Services, Inc.), Credit Agreement (Diamondback Energy Services, Inc.)

AutoNDA by SimpleDocs

Care and Diligence. The failure of the Lenders Lender or any other Person ------------------ to exercise diligence or reasonable care in the preservation, protection, enforcement, sale sale, or other handling or treatment of all or any part of such collateralCollateral, property Guarantor Collateral, Property, or security;

Appears in 1 contract

Samples: Guaranty Agreement (Pendaries Petroleum LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.