Common use of No Implied Duties Clause in Contracts

No Implied Duties. Securities Intermediary shall have no duties or responsibilities whatsoever except such duties and responsibilities as are specifically set forth in this Agreement, and no covenant or obligation shall be implied against Securities Intermediary in connection with this Agreement.

Appears in 7 contracts

Sources: Collateral Account Control Agreement (Guggenheim Taxable Municipal Managed Duration Trust), Derivative Agreement, Collateral Account Control Agreement (Advent Claymore Convertible Securities & Income Fund)

No Implied Duties. The Securities Intermediary shall have no duties or responsibilities whatsoever except such duties and responsibilities as are specifically set forth in this Agreement, and no covenant or obligation shall be implied against the Securities Intermediary in connection with this Agreement.

Appears in 3 contracts

Sources: Credit and Guaranty Agreement (American Airlines Inc), Credit and Guaranty Agreement (American Airlines Inc), Credit and Guaranty Agreement (American Airlines Inc)

No Implied Duties. Securities Intermediary shall have no duties or responsibilities whatsoever whatsoever, except such duties and responsibilities as are specifically set forth in this Agreement, and no covenant or obligation shall be implied against Securities Intermediary in connection with this Agreement.

Appears in 3 contracts

Sources: Derivative Agreement, Isda Master Agreement (Olden Lane Trust C/O Olden Lane Securities LLC), Isda Master Agreement (Equinox Trust)

No Implied Duties. The Securities Intermediary shall have no duties or responsibilities whatsoever except such duties and responsibilities as are specifically set forth in this Agreement, and no covenant or obligation shall be implied against the Securities Intermediary in connection with this Agreement except with respect to the services agreed to be provided by the Securities Intermediary under this Agreement. The Securities Intermediary shall not be subject to, nor required to comply with, any other agreement to which the Security Trustee or the Issuer is a party.

Appears in 1 contract

Sources: Account Control Agreement

No Implied Duties. Securities The Intermediary shall have no duties or responsibilities whatsoever except such duties and responsibilities as are specifically set forth in this Agreement and/or the Security Agreement, and no covenant or obligation shall be implied against Securities the Intermediary in connection with this Agreement.

Appears in 1 contract

Sources: Pledge and Administration Agreement (Assured Guaranty LTD)

No Implied Duties. Securities Intermediary shall have no duties or responsibilities whatsoever except such duties and responsibilities as are specifically set forth in this Agreement, or as otherwise agreed in writing, or as required by law, and no covenant or obligation shall be implied against Securities Intermediary in connection with this Agreement.

Appears in 1 contract

Sources: Collateral Account Control Agreement