Common use of Agents and Attorneys-in-Fact Clause in Contracts

Agents and Attorneys-in-Fact. The Lender may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the negligence or misconduct of any such agents or attorneys-in-fact selected by it in good faith.

Appears in 3 contracts

Sources: Security and Assignment Agreement (Chase Preferred Capital Corp), Hypothecation Loan Agreement (Chase Preferred Capital Corp), Security Agreement (Xm Satellite Radio Inc)

Agents and Attorneys-in-Fact. The Lender may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the negligence or misconduct of any such agents or attorneys-in-fact selected by it in good faith.

Appears in 2 contracts

Sources: Loan and Security Agreement (Applied Solar, Inc.), Loan and Security Agreement (Open Energy Corp)

Agents and Attorneys-in-Fact. The Lender may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the negligence or misconduct of any such agents or attorneys-in-fact selected by it in good faithfaith except to the extent that a court of competent jurisdiction determines in a final and nonappealable judgment that the Lender acted with gross negligence or willful misconduct in the selection of such agents or attorneys-in-fact.

Appears in 2 contracts

Sources: Credit Agreement (Box Inc), Credit Agreement (Box Inc)

Agents and Attorneys-in-Fact. The Lender may employ agents and ---------------------------- attorneys-in-fact in connection herewith and shall not be responsible for the negligence or misconduct of any such agents or attorneys-in-fact selected by it in good faith.

Appears in 1 contract

Sources: Term Loan Agreement (Micrografx Inc)