Common use of Exculpatory Provisions Regarding the Lessor Clause in Contracts

Exculpatory Provisions Regarding the Lessor. Subject to the provisions of SECTION 11.11, each Participant hereby irrevocably authorizes the Lessor to take such actions on its behalf as are expressly vested in or delegated to the Lessor by the terms of this Agreement and the other Operative Documents, together with such powers as are reasonably incidental thereto. The provisions of the following Sections of this Agreement are hereby incorporated by reference into this SECTION 11.12, substituting the word "Lessor" for "Agent" therein: (i) SECTION 14.1 - second sentence. (ii) SECTION 14.2 - all. (iii) SECTION 14.3 - all. (iv) SECTION 14.4 - all. (v) SECTION 14.5 - first sentence. (vi) SECTION 14.6 - last sentence.

Appears in 1 contract

Sources: Participation Agreement (Triquint Semiconductor Inc)

Exculpatory Provisions Regarding the Lessor. Subject to the provisions of SECTION Section 11.11, each Participant hereby irrevocably authorizes the Lessor to take such actions on its behalf as are expressly vested in or delegated to the Lessor by the terms of this Agreement and the other Operative Documents, together with such powers as are reasonably incidental thereto. The provisions of the following Sections of this Agreement are hereby incorporated by reference into this SECTION Section 11.12, substituting the word "Lessor" for "Agent" therein: (i) SECTION Section 14.1 - second sentence. (ii) SECTION Section 14.2 - all. (iii) SECTION Section 14.3 - all. (iv) SECTION Section 14.4 - all. . -40- 48 (v) SECTION Section 14.5 - first sentence. (vi) SECTION 14.6 - last sentence.

Appears in 1 contract

Sources: Participation Agreement (Chase Industries Inc)

Exculpatory Provisions Regarding the Lessor. Subject to the provisions of SECTION Section 11.11, each Participant hereby irrevocably authorizes the Lessor to take such actions on its behalf as are expressly vested in or delegated to the Lessor by the terms of this Agreement and the other Operative Documents, together with such powers as are reasonably incidental thereto. The provisions of the following Sections of this Agreement are hereby incorporated by reference into this SECTION Section 11.12, substituting the word "Lessor" for "Agent" therein: : (i) SECTION Section 14.1 - second sentence. . (ii) SECTION Section 14.2 - all. . (iii) SECTION Section 14.3 - all. . (iv) SECTION Section 14.4 - all. (v) SECTION 14.5 - first sentence. (vi) SECTION 14.6 - last sentence.

Appears in 1 contract

Sources: Participation Agreement (Vitesse Semiconductor Corp)

Exculpatory Provisions Regarding the Lessor. Subject to the provisions of SECTION Section 11.11, each Participant hereby irrevocably authorizes the Lessor to take such actions on its behalf as are expressly vested in or delegated to the Lessor by the terms of this Agreement and the other Operative Documents, together with such powers as are reasonably incidental thereto. The provisions of the following Sections of this Agreement are hereby incorporated by reference into this SECTION Section 11.12, substituting the word "Lessor" for "Agent" therein: (i) SECTION Section 14.1 - second sentence. (ii) SECTION Section 14.2 - all. (iii) SECTION Section 14.3 - all. (iv) SECTION Section 14.4 - all. (v) SECTION Section 14.5 - first sentence. (vi) SECTION 14.6 - last sentence.

Appears in 1 contract

Sources: Participation Agreement (Quantum Corp /De/)