Liability of Agent. Neither the Agent nor any of its directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, or (ii) in the absence of its own gross negligence, bad faith or willful misconduct. Neither the Agent nor any of its directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (a) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (b) the performance or observance of any of the covenants or agreements of the Borrower; (c) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to it; or (d) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents or any other instrument or writing furnished in connection herewith or therewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 10 contracts
Sources: Credit Agreement (Western Asset Global High Income Fund Inc.), Credit Agreement (NexPoint Capital, Inc.), Credit Agreement (LMP Corporate Loan Fund Inc.)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Company or the Borrower; (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 10 contracts
Sources: Credit Agreement (Us West Inc), Credit Agreement (Us West Inc), Credit Agreement (U S West Inc /De/)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the BorrowerCompany; (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telex, facsimile transmission or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 8 contracts
Sources: 364 Day Credit Agreement (Nortel Networks LTD), Credit Agreement (Nortel Networks LTD), Credit Agreement (Quaker State Corp)
Liability of Agent. Neither the No Agent nor or any of its directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (ia) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (iib) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the No Agent nor or any of its directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made by any other Person in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the BorrowerBorrowers; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to it; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement (except as to its own execution of this Agreement, the Notes), the other Loan Documents or any other instrument or writing furnished in connection herewith or therewith. The No Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 6 contracts
Sources: Credit Agreement (Columbia Funds Master Investment Trust, LLC), Credit Agreement (Columbia Funds Variable Insurance Trust I), Credit Agreement (Columbia Funds Series Trust)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telex, facsimile transmission or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 6 contracts
Sources: Credit Agreement (Martin Marietta Materials Inc), Revolving Credit Agreement (Martin Marietta Materials Inc), Credit Agreement (Cone Mills Corp)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents agents, or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) reasonably believed by it to be genuine or to be signed by the proper party or parties.
Appears in 6 contracts
Sources: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Liability of Agent. Neither the Agent nor any of its directors, officers, agents agents, or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing Borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Agreement or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) reasonably believed by it to be genuine or and to be signed by the proper party or parties.
Appears in 5 contracts
Sources: Credit Agreement (Aetna Inc /Pa/), Credit Agreement (Aetna Inc /Pa/), Bridge Credit Agreement (Aetna U S Healthcare Inc)
Liability of Agent. Neither the Agent nor any of its directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (a) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (b) the performance or observance of any of the covenants or agreements of the Borrower; (c) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to it; or (d) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents or any other instrument or writing furnished in connection herewith or therewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 4 contracts
Sources: Credit Agreement (Blackrock Floating Rate Income Trust), Credit Agreement (Invesco High Income Trust II), Credit Agreement (Blackrock Debt Strategies Fund, Inc.)
Liability of Agent. Neither the Agent nor any of its directors, officers, agents agents, or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Lenders or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing Borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Agreement or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex facsimile transmission or similar writing) reasonably believed by it to be genuine or and to be signed by the proper party or parties.
Appears in 4 contracts
Sources: Credit Agreement (Aetna Inc /Pa/), Five Year Credit Agreement (Aetna Inc /Pa/), Five Year Credit Agreement (Aetna Inc /Pa/)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the BorrowerBorrower or the Company; (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telex, facsimile transmission or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 4 contracts
Sources: Credit Agreement (Nortel Networks Corp), Credit Agreement (Nortel Networks LTD), Credit Agreement (Nortel Networks LTD)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telex, facsimile transmission or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 3 contracts
Sources: Credit Agreement (At&t Capital Corp /De/), Credit Agreement (At&t Capital Corp /De/), Credit Agreement (At&t Capital Corp /De/)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 3 contracts
Sources: Credit Agreement (Cabot Corp), Loan Agreement (Cabot Corp), Credit Agreement (Cabot Corp)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the BorrowerCompany; (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 2 contracts
Sources: Credit Agreement (U S West Communications Inc), Credit Agreement (U S West Inc /De/)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement the Financing Documents or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Financing Documents or any other instrument or writing furnished in connection herewith or therewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 2 contracts
Sources: Credit Agreement (Consolidated Freightways Inc), Credit Agreement (CNF Transportation Inc)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Company or any Borrower; (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 2 contracts
Sources: Credit Agreement (U S West Inc /De/), Credit Agreement (U S West Communications Inc)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telex, facsimile transmission or similar writing) believed by it to be genuine or to be signed by the proper party or parties. Without limiting the generality of the foregoing, the use of the term "agent" in this Agreement with reference to the Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine or any applicable law. Instead, such term is used merely as a matter of market custom and is intended to create or reflect only an administrative relationship between independent contracting parties.
Appears in 2 contracts
Sources: Credit Agreement (Quaker State Corp), Credit Agreement (Quaker State Corp)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Lenders or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement any Loan Document or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the any Borrower; (ciii) the satisfaction of any condition specified in Article IIIIV, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other any Loan Documents Document or any other instrument or writing furnished in connection herewith or therewithherewith. Without limiting the foregoing, the Agent shall have no obligation to take any action under Section 5.06. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writingwriting transmitted electronically) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 2 contracts
Sources: Credit Agreement (Dover Corp), Credit Agreement (Dover Corp)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents agents, or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) reasonably believed by it to be genuine or to be signed by the proper party or parties.
Appears in 2 contracts
Sources: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Liability of Agent. Neither the Agent nor any of its directors, officers, agents agents, or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any other Loan Document or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the BorrowerCompany or the Eligible Subsidiaries; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents or any other instrument or writing furnished in connection herewith or therewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it in good faith to be genuine or to be signed by the proper party or parties.
Appears in 2 contracts
Sources: Credit Agreement (Footstar Inc), Credit Agreement (Footstar Inc)
Liability of Agent. Neither the Agent nor any of its directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (ia) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (iib) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement the Financing Documents or any borrowing or letter of credit hereunder; , (bii) the performance or observance of any of the covenants or agreements of the Borrower; Borrower or any of its Subsidiaries party to any Financing Document, (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to it; the Agent, or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents any Financing Document or any other instrument or writing furnished in connection herewith or therewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.any
Appears in 2 contracts
Sources: Credit Agreement (New Beverly Holdings Inc), Credit Agreement (Beverly Enterprises Inc /De/)
Liability of Agent. Neither the Agent nor any of its directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of each of the Required Banks, or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Reimbursement Agreements or any other instrument or writing furnished in connection herewith or therewithtransaction document. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telecopy or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Sources: Credit Agreement (Shoe Carnival Inc)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Company or any Borrower; (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith herewith. None of the Agent, its affiliates and their respective directors, officers, agents and employees shall be under any obligation to any Bank or therewithparticipant to inspect the properties, books or records of any Qwest Entity. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement 41 statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Sources: Credit Agreement (Qwest Communications International Inc)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable to the Banks for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing Borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents agents, or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition condition. specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) reasonably believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Sources: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Liability of Agent. Neither the Agent nor any of its ------------------ affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunderthe issuance of the Letter of Credit; (bii) the performance or observance of any of the covenants or agreements of the BorrowerCompany; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Sources: Letter of Credit Agreement (Hancock John Financial Services Inc)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement any Financing Document or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrowerany Loan Party in any Financing Document; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Financing Documents or any other instrument or writing furnished in connection herewith or therewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Sources: Credit Agreement (Coventry Corp)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Guarantor or Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telex, facsimile transmission or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; , (bii) the performance or observance of any of the covenants or agreements of the Borrower; , (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to it; the Agent, or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telex, facsimile transmission or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Sources: Credit Agreement (Turner Corp)
Liability of Agent. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to any other Lender for any action taken or not taken by it in connection herewith with any of the Transaction Documents (ia) with respect to liability to one or more Banks only, with the consent or at the request of the Required BanksLenders, or (iib) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the BorrowerBorrowers; (ciii) the satisfaction of any condition specified in Article IIIherein, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, any of the Notes, the other Loan Transaction Documents or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Air Methods Corp)
Liability of Agent. Neither the Agent nor any of ------------------ its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement the Financing Documents or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents any Financing Document or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Sources: Credit Agreement (Perini Corp)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III3, except escept receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telex, facsimile transmission or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Sources: Credit Agreement (Dean Foods Co)
Liability of Agent. Neither the Agent nor any of its directors, officers, agents agents, or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Lenders or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any the borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the BorrowerCo-obligors; (ciii) the satisfaction of any condition specified in Article IIISection 6, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, Revolving Notes or the other Loan Documents or Term Notes of any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telex, telecopy or similar writing) believed by it in good faith to be genuine or to be signed or authorized by the Borrowing Agent or any other proper party or parties.
Appears in 1 contract
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it or them in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its or their own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the either Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telex, facsimile transmission or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Sources: Credit Agreement (Kerr McGee Corp)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it as Agent in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telex, facsimile transmission 45 or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to 49 ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III3, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telex, facsimile transmission or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Lenders or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement any Loan Document or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the any Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other any Loan Documents Document or any other instrument or writing furnished in connection herewith or therewithherewith. Without limiting the foregoing, the Agent shall have no obligation to take any action under Section 5.06. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writingwriting transmitted electronically) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Sources: Credit Agreement (Dover Corp)
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other 44 50 instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Bridge Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement the Financing Documents or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents any Financing Document or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it or any of them in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its or their own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrower; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents Notes or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Sources: Credit Agreement (Rite Aid Corp)
Liability of Agent. Neither the any Agent nor any of its directors, officers, agents agents, or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks (or all the Banks, as applicable) or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the any Agent nor any of its directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of ESCO, the BorrowerBorrower or any Subsidiary; (ciii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to it; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the any other Loan Documents Document or any other instrument or writing furnished in connection herewith or therewithherewith. The No Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Liability of Agent. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with respect to liability to one or more Banks only, with the consent or at the request of the Required Banks, Banks or (ii) in the absence of its own gross negligence, bad faith negligence or willful misconduct. Neither the Agent nor any of its affiliates nor any of their respective directors, officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into or verify (ai) any statement, warranty or representation made in connection with this Agreement the Financing Documents or any borrowing hereunder; (bii) the performance or observance of any of the covenants or agreements of the Borrowerany Obligor; (ciii) the satisfaction of any 42 condition specified in Article III, except receipt of items required to be delivered to itthe Agent; or (div) the validity, enforceability, effectiveness or genuineness of this Agreement, the Notes, the other Loan Documents any Financing Document or any other instrument or writing furnished in connection herewith or therewithherewith. The Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement statement, or other writing (which may be a bank wire, telex telex, facsimile transmission or similar writing) believed by it to be genuine or to be signed by the proper party or parties.
Appears in 1 contract
Sources: Credit Agreement (Ace LTD)