Construction and/or Development Sample Clauses

Construction and/or Development. None of the Banks, the Administrative Agent or the Issuing Bank shall be liable to any party for (i) the development of or construction upon any of the Inventory, (ii) the failure to develop or construct or protect improvements on the Inventory, (iii) the payment of any expense incurred in connection with the development of or construction upon the Inventory, (iv) the performance or nonperformance of any other obligation of the Borrower or any Restricted Subsidiary, or (v) the Banks' or the Administrative Agent's exercise of any remedy available to them. In addition, the Banks shall not be liable to the Borrower or any third party for the failure of the Banks or their authorized agents to discover or to reject materials or workmanship during the course of the Banks' inspections of the Inventory.

Construction and/or Development. The Bank shall not be liable to any party for (i) the development of or construction upon any of the Inventory, (ii) the failure to develop or construct or protect improvements on the Inventory, (iii) the payment of any expense incurred in connection with the development of or construction upon the Inventory, (iv) the performance or nonperformance of any other obligation of the Borrower, or (v) the Bank's exercise of any remedy available to them. In addition, the Bank shall not be liable to the Borrower or any third party for the failure of the Bank or its authorized agents to discover or to reject materials or workmanship during the course of the Bank's inspections of the Inventory.

Construction and/or Development. None of Lenders or the Administrative Agent shall be liable to any party for (i) the development of or construction upon any of the Inventory (under and as defined in the Revolving Credit Agreement), (ii) the failure to develop or construct or protect improvements on the Inventory (under and as defined in the Revolving Credit Agreement), (iii) the payment of any expense incurred in connection with the development of or construction upon the Inventory (under as defined in the Revolving Credit Agreement), (iv) the performance or nonperformance of any other obligation of any Loan Party, or (v) Lenders’ or Administrative Agent’s exercise of any remedy available to them. In addition, Lenders shall not be liable to Borrower or any third party for the failure of Lenders or their authorized agents to discover or to reject materials or workmanship during the course of Lenders’ inspections of the Inventory (under as defined in the Revolving Credit Agreement).