Agents not liable Sample Clauses

The 'Agents not liable' clause serves to protect agents, representatives, or intermediaries involved in a contract from personal liability for actions taken on behalf of a principal. In practice, this means that if an agent is acting within the scope of their authority and in accordance with the contract, they cannot be held personally responsible for any losses, damages, or breaches arising from the contract’s performance. This clause ensures that only the principal party is liable for contractual obligations, thereby reducing the risk for agents and clarifying the allocation of responsibility.
Agents not liable. Notwithstanding anything to the contrary in this Agreement and/or the Conditions, the Agents shall not be liable to any person for any matter or thing done or omitted in any way in connection with this Agreement save in relation to its own material breach of its undertakings and agreements of this Agreement or its own negligence, wilful default or fraud. The Agents shall not be liable for any loss caused by events beyond their reasonable control including but not limited to any malfunction, interruption of or error in the transmission of information caused by any machines or system or interception of communication facilities, abnormal operating conditions, epidemic or acts of God. The Agents shall have no liability whatsoever for any consequential, special, indirect or speculative loss or damages (including, but not limited to, loss of profits, opportunity and goodwill whether or not foreseeable) suffered by the Issuer in connection with the transactions contemplated by and the relationship established by this Agreement even if the Agents have been advised as to the possibility of the same and regardless of whether the claim for loss or damage is made in negligence, breach of contract, duty or otherwise. These provisions will override all other provisions of this Agreement.
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Agents not liable. No General Liability of SCPPA. It is hereby recognized and agreed that no officer, agent or employee of SCPPA shall be individually liable in respect of any undertakings by SCPPA under this Agency Agreement. The undertakings by SCPPA under this Agency Agreement shall never constitute a debt or indebtedness of SCPPA within the meaning of any provision or limitation of the constitution or statutes of the State of California, and shall not constitute or give rise to a pecuniary liability of SCPPA or a charge against its general credit. Any provision of this Agency Agreement to the contrary notwithstanding, the obligation of SCPPA under this Agency Agreement to make or cause to be made payments shall be limited to those payments permitted by and monies available under any Indenture or as provided for in this Agency Agreement.
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Related to Agents not liable

  • Administrative Agent and Affiliates The bank serving as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent, and such bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with the Borrower or any Restricted Subsidiary or other Affiliate thereof as if it were not the Administrative Agent hereunder.

  • Agents and Affiliates The Agents shall each have the same rights and powers under this Agreement as the Lenders and may each exercise or refrain from exercising the same as though it were not an Agent, and such Agents and their respective affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the Borrower or any Affiliate of the Borrower as if it were not an Agent hereunder, and the term “Lender” and “Lenders” may include Natixis, State Street Bank and Trust Company and/or any Affiliate of Natixis or State Street Bank and Trust Company in its individual capacity. The provisions in this Article VII with respect to the Agents shall apply only to the Agents acting in their capacities as such hereunder and not as ▇▇▇▇▇▇▇.

  • Administrative 2.10.1 LIDDA shall designate a medical specialist who is a: A. registered nurse;

  • Agent’s Obligations Each Loan Party Obligor agrees that Agent shall not have any obligation to preserve rights to any Collateral against prior parties or to marshal any Collateral of any kind for the benefit of any other creditor of any Loan Party Obligor or any other Person. Agent shall not be responsible to any Loan Party Obligor or any other Person for loss or damage resulting from Agent’s failure to enforce its Liens or collect any Collateral or Proceeds or any monies due or to become due under the Obligations or any other liability or obligation of any Loan Party Obligor to Agent.

  • Agent’s Fees The Borrower shall pay to the Agent for its own account such fees as may from time to time be agreed between the Borrower and the Agent.