Common use of Protection of Collateral Clause in Contracts

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ sole risk.

Appears in 6 contracts

Samples: Loan and Security Agreement (Par Pacific Holdings, Inc.), Loan Agreement (Key Energy Services Inc), Loan Agreement (Key Energy Services Inc)

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Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes (other than Excluded Taxes) payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at BorrowersObligors’ sole risk.

Appears in 6 contracts

Samples: Loan and Security Agreement (Bon Ton Stores Inc), Loan and Security Agreement (Bon Ton Stores Inc), Loan and Security Agreement (Bon Ton Stores Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative the Collateral Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligorsthe Credit Parties. Administrative The Collateral Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative the Collateral Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowersthe Credit Parties’ sole risk.

Appears in 6 contracts

Samples: Fourth Amendment (Resolute Forest Products Inc.), Credit Agreement (Resolute Forest Products Inc.), Credit Agreement (Resolute Forest Products Inc.)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with imposed under any Applicable Law on any of the Collateral or in respect to any Collateral (including any of the sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, Collateral shall be borne and paid by ObligorsBorrower. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, of the Collateral or for any loss or damage thereto (except for reasonable care in its the custody thereof while any Collateral is in Administrative Agent’s 's actual possession), ) or for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoeverwhomsoever, but the same shall be at Borrowers’ Borrower's sole risk.

Appears in 5 contracts

Samples: Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Toms Foods Inc)

Protection of Collateral. All reasonable and documented out-of-pocket expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s 's actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ Obligors' sole risk.

Appears in 5 contracts

Samples: Loan and Security Agreement (Rocky Brands, Inc.), Loan and Security Agreement (Rocky Brands, Inc.), Loan and Security Agreement (Rocky Brands, Inc.)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by ObligorsBorrower and Borrowing Base Guarantors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ Borrower’s and/or Borrowing Base Guarantor’s sole risk, as applicable.

Appears in 5 contracts

Samples: Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp), Loan and Security Agreement (Ak Steel Holding Corp)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with imposed under any Applicable Law on any of the Collateral or in respect to any Collateral (including any of the sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, Collateral shall be borne and paid by ObligorsBorrowers. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, of the Collateral or for any loss or damage thereto (except for reasonable care in its the custody thereof while any Collateral is in Administrative Agent’s 's actual possession), ) or for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoeverwhomsoever, but the same shall be at Borrowers' sole risk.

Appears in 5 contracts

Samples: Loan and Security Agreement (Alpharma Inc), Loan and Security Agreement (Alpharma Inc), Loan and Security Agreement (Tropical Sportswear International Corp)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Priority Payables and Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at BorrowersObligors’ sole risk.

Appears in 4 contracts

Samples: Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (Summer Infant, Inc.), Term Loan and Security Agreement (Summer Infant, Inc.)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with imposed under any Applicable Law on any of the Collateral or in respect to any Collateral (including any of the sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, Collateral shall be borne and paid by ObligorsBorrowers. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, of the Collateral or for any loss or damage thereto (except for reasonable care in its the custody thereof while any Collateral is in Administrative Agent’s actual possession), ) or for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoeverwhomsoever, but the same shall be at Borrowers’ sole risk.

Appears in 4 contracts

Samples: Loan and Security Agreement (Standard Register Co), Loan and Security Agreement (Standard Register Co), Loan and Security Agreement (Standard Register Co)

Protection of Collateral. All reasonable and documented out-of-pocket expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at BorrowersObligors’ sole risk.

Appears in 4 contracts

Samples: Abl Loan and Security Agreement (Rocky Brands, Inc.), Abl Loan and Security Agreement (Rocky Brands, Inc.), Loan and Security Agreement (Rocky Brands, Inc.)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by the Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by ObligorsBorrowers. The Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in the Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ sole risk.

Appears in 3 contracts

Samples: Credit Agreement (Pacer International Inc), Credit Agreement (Pacer International Inc), Credit Agreement (Pacer International Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any CollateralCollateral of a Loan Party, all Taxes payable with respect to any Collateral of a Loan Party (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any CollateralCollateral of a Loan Party, shall be borne and paid by ObligorsLoan Parties. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but and the same shall be at BorrowersLoan Parties’ sole risk.

Appears in 3 contracts

Samples: Abl Credit Agreement (WillScot Mobile Mini Holdings Corp.), Abl Credit Agreement (WillScot Mobile Mini Holdings Corp.), Abl Credit Agreement (WillScot Mobile Mini Holdings Corp.)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any CollateralCollateral or any other Property of Obligors, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s 's actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ Obligors' sole risk.

Appears in 3 contracts

Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.), Credit Agreement (Calumet Specialty Products Partners, L.P.), Credit Agreement (Calumet Specialty Products Partners, L.P.)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining maintaining, and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative the Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligorsthe Borrowers. Administrative The Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative the Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoever, but the same shall be at the Borrowers’ sole risk.

Appears in 3 contracts

Samples: Loan and Security Agreement (Amkor Technology Inc), Loan and Security Agreement (Amkor Technology Inc), Loan and Security Agreement (Amkor Technology Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by ObligorsBorrowers. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any CollateralCollateral or any other Property of the Borrowers, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ sole risk.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Calumet Specialty Products Partners, L.P.)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with imposed under any Applicable Law on any of the Collateral or in respect to any Collateral (including any of the sale thereof), and all other payments required to be made by Administrative Agent Lender to any Person to realize upon any Collateral, Collateral shall be borne and paid by ObligorsBorrowers. Administrative Agent Lender shall not be liable or responsible in any way for the safekeeping of any Collateral, of the Collateral or for any loss or damage thereto (except for reasonable care in its the custody thereof while any Collateral is in Administrative AgentLender’s actual possession), ) or for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoeverwhomsoever, but the same shall be at Borrowers’ sole risk.

Appears in 2 contracts

Samples: Post Petition Loan and Security Agreement (Insight Health Services Holdings Corp), Loan and Security Agreement (Artesyn Technologies Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligorsthe Borrower. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ the Borrower’s sole risk.

Appears in 2 contracts

Samples: Term Loan and Security Agreement (Commercial Vehicle Group, Inc.), Term Loan and Security Agreement (Commercial Vehicle Group, Inc.)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Collateral Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligorsthe applicable Borrower. Administrative Collateral Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Collateral Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ sole risk.

Appears in 2 contracts

Samples: Loan and Security Agreement (Americas Carmart Inc), Loan and Security Agreement (Americas Carmart Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with imposed under any Applicable Law on any of the Collateral or in respect to any Collateral (including any of the sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, Collateral shall be borne and paid by ObligorsCredit Parties. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, of the Collateral or for any loss or damage thereto (except for reasonable care in its the custody thereof while any Collateral is in Administrative Agent’s actual possession), ) or for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoeverwhomsoever, but the same shall be at BorrowersCredit Parties’ sole risk.

Appears in 2 contracts

Samples: Loan and Security Agreement (Integrated Electrical Services Inc), Loan and Security Agreement (Integrated Electrical Services Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at BorrowersObligors’ sole risk.

Appears in 2 contracts

Samples: Term Loan and Security Agreement (DXP Enterprises Inc), Term Loan and Security Agreement (DXP Enterprises Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligorsthe Borrower on whose behalf the foregoing are incurred. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ the applicable Borrower’s sole risk.

Appears in 2 contracts

Samples: Loan and Security Agreement (Kemet Corp), Loan and Security Agreement (Multi Fineline Electronix Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by the Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by ObligorsBorrower. The Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in the Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at BorrowersBorrower’ sole risk.

Appears in 2 contracts

Samples: Loan and Security Agreement (Core Scientific, Inc./Tx), Loan and Security Agreement (Core Scientific, Inc./Tx)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any CollateralCollateral or any other Property of Obligors, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at BorrowersObligors’ sole risk.

Appears in 2 contracts

Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.), Credit Agreement (Calumet Specialty Products Partners, L.P.)

Protection of Collateral. All reasonable and documented expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by ObligorsBorrower and Subsidiary Guarantors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ Borrower’s sole risk.

Appears in 1 contract

Samples: Loan and Security Agreement (Summit Midstream Partners, LP)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Collateral Agent to any Person to realize upon any Collateral, shall be borne and paid by ObligorsBorrower. Administrative Collateral Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Collateral Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ Borrower’s sole risk.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Core Scientific, Inc./Tx)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any the Collateral, all Taxes payable with imposed by any Applicable Law on any of the Collateral or in respect to any Collateral (including any of the sale thereof), and all other payments required to be made by Administrative Agent Lender to any Person to realize upon any Collateral, Collateral shall be borne and paid by ObligorsBorrowers. Administrative Agent Lender shall not be liable or responsible in any way for the safekeeping of any Collateral, of the Collateral or for any loss or damage thereto (except for reasonable care in its the custody thereof while any Collateral is in Administrative Agent’s Lender's actual possession), ) or for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoeverwhomsoever, but the same shall be at Borrowers' sole risk.

Appears in 1 contract

Samples: Loan and Security Agreement (Proxymed Inc /Ft Lauderdale/)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligors. Administrative Agent shall not be liable or \8885650.14 responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at BorrowersObligors’ sole risk.

Appears in 1 contract

Samples: Loan and Security Agreement (Spherion Corp)

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Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with imposed under any Applicable Law on any of the Collateral or in respect to any Collateral (including any of the sale thereof), and all other payments required to be made by Administrative Agent Lender to any Person to realize upon any Collateral, Collateral shall be borne and paid by ObligorsBorrowers. Administrative Agent Lender shall not be liable or responsible in any way for the safekeeping of any Collateral, of the Collateral or for any loss or damage thereto (except for reasonable care in its the custody thereof while any Collateral is in Administrative Agent’s Lender's actual possession), ) or for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoeverwhomsoever, but the same shall be at Borrowers' sole risk.

Appears in 1 contract

Samples: Loan and Security Agreement (Sed International Holdings Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining maintaining, and shipping any Collateral, all Taxes (other than Excluded Taxes) payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by ObligorsBorrowers. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoever, but the same shall be at Borrowers’ sole risk.

Appears in 1 contract

Samples: Loan and Security Agreement (Casella Waste Systems Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Collateral Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligorsthe Grantors. Administrative Collateral Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Collateral Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at BorrowersGrantors’ sole risk.

Appears in 1 contract

Samples: Security Agreement (ArcLight Clean Transition Corp.)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by the Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by ObligorsLoan Parties. The Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in the Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at BorrowersLoan Parties’ sole risk.

Appears in 1 contract

Samples: Credit Agreement (Armstrong Flooring, Inc.)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative the Collateral Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligorsthe Grantors. Administrative The Collateral Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative the Collateral Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowersthe Grantors’ sole risk.

Appears in 1 contract

Samples: Security Agreement (Commercial Vehicle Group, Inc.)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with imposed under any Applicable Law on any of the Collateral or in respect to any Collateral (including any of the sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, Collateral shall be borne and paid by Obligors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, of the Collateral or for any loss or damage thereto (except for reasonable care in its the custody thereof while any Collateral is in Administrative Agent’s 's actual possession), ) or for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoeverwhomsoever, but the same shall be at Borrowers' sole risk.

Appears in 1 contract

Samples: Loan and Security Agreement (Mastec Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for failing to exercise reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at BorrowersObligors’ sole risk.

Appears in 1 contract

Samples: Loan and Security Agreement (Spectrum Brands, Inc.)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by ObligorsBorrower and the respective other Obligors incurring the same. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ Borrower’s sole risk.

Appears in 1 contract

Samples: Loan and Security Agreement (Multi Fineline Electronix Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by ObligorsBorrower. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowersthe Borrower’ sole risk.

Appears in 1 contract

Samples: Loan and Security Agreement (Core Scientific, Inc./Tx)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with imposed under any Applicable Law on any of the Collateral or in respect to any Collateral (including any of the sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, Collateral shall be borne and paid by Obligors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, of the Collateral or for any loss or damage thereto (except for reasonable care in its the custody thereof while any Collateral is in Administrative Agent’s actual possession), ) or for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoeverwhomsoever, but the same shall be at Borrowers’ sole risk.

Appears in 1 contract

Samples: Loan and Security Agreement (Mastec Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any CollateralCollateral of a Loan Party, all Taxes payable with respect to any Collateral of a Loan Party (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any CollateralCollateral of a Loan Party, shall be borne and paid by ObligorsLoan Parties. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable 159 care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but and the same shall be at BorrowersLoan Parties’ sole risk.

Appears in 1 contract

Samples: Abl Credit Agreement (WillScot Mobile Mini Holdings Corp.)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including upon any sale thereof), and all other payments required to be made by Administrative any Agent to any Person to realize upon any Collateral, shall be borne and paid by ObligorsBorrowers. Administrative Agent Agents shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative the Applicable Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ sole risk.

Appears in 1 contract

Samples: Loan Agreement (Superior Essex Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining maintaining, and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative the Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligorsthe Borrowers. Administrative The Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative the Agent’s 's actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoever, but the same shall be at the Borrowers' sole risk.

Appears in 1 contract

Samples: Loan and Security Agreement (Amkor Technology Inc)

Protection of Collateral. All reasonable and documented expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by ObligorsBorrower and Subsidiary Guarantors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ Borrower’s sole risk.. 8.5.4

Appears in 1 contract

Samples: Loan and Security Agreement (Summit Midstream Partners, LP)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with imposed under any Applicable Law on any of the Collateral or in respect to any Collateral (including any of the sale thereof), and all other payments required to be made by Administrative Agent Lender to any Person to realize upon any Collateral, Collateral shall be borne and paid by ObligorsBorrower. Administrative Agent Lender shall not be liable or responsible in any way for the safekeeping of any Collateral, of the Collateral or for any loss or damage thereto (except for reasonable care in its the custody thereof while any Collateral is in Administrative Agent’s Lender's actual possession), ) or for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoeverwhomsoever, but the same shall be at Borrowers’ Borrower' sole risk.

Appears in 1 contract

Samples: Loan and Security Agreement (Tropical Sportswear International Corp)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with imposed under any Applicable Law on any of the Collateral or in respect to any Collateral (including any of the sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, Collateral shall be borne and paid by ObligorsCredit Parties. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, of the Collateral or for any loss or damage thereto (except for reasonable care in its the custody thereof while any Collateral is in Administrative Agent’s 's actual possession), ) or for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency agency, or other Person whatsoeverwhomsoever, but the same shall be at Borrowers’ Credit Parties' sole risk.

Appears in 1 contract

Samples: Loan and Security Agreement (Integrated Electrical Services Inc)

Protection of Collateral. All expenses of protecting, storing, warehousing, insuring, handling, maintaining and shipping any Collateral, all Taxes payable with respect to any Collateral (including any sale thereof), and all other payments required to be made by Administrative Agent to any Person to realize upon any Collateral, shall be borne and paid by Obligors. Administrative Agent shall not be liable or responsible in any way for the safekeeping of any Collateral, for any loss or damage thereto (except for reasonable care in its custody while Collateral is in Administrative Agent’s 's actual possession), for any diminution in the value thereof, or for any act or default of any warehouseman, carrier, forwarding agency or other Person whatsoever, but the same shall be at Borrowers’ Obligors' sole risk.

Appears in 1 contract

Samples: Term Loan and Security Agreement (DXP Enterprises Inc)

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