Powers General Immunity Sample Clauses
Powers General Immunity. A. DUTIES SPECIFIED. Each Lender irrevocably authorizes each Agent to take such action on such Lender's behalf and to exercise such powers hereunder and under the other Loan Documents as are specifically delegated to such Agent by the terms hereof and thereof, together with such powers as are reasonably incidental thereto. Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents, and it may perform such duties by or through its agents or employees. No Agent shall have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.
Powers General Immunity. 64 Section 8.03.
Powers General Immunity. A. Duties Specified. Each Lender irrevocably authorizes each Agent to take such action on such Lender's behalf and to exercise such powers hereunder and under the other Loan Documents as are specifically delegated to such Agent by the terms hereof and thereof, together with such powers as are reasonably incidental thereto. Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents and it may perform such duties by or through its agents or employees. No Agent shall have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender, and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.
Powers General Immunity. (a) Each Lender irrevocably authorizes the Administrative Agent to take such action on such Lender's behalf and to exercise such powers hereunder and under the other Credit Documents and under the other instruments and agreements referred to herein and therein (including the Security Documents) as are specifically delegated to it by the terms hereof and thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have only those duties and responsibilities which are expressly specified in this Agreement and the other Credit Documents and it may perform such duties by or through its agents or employees (including LASG, CSI and CIBL). The duties of the Administrative Agent shall be mechanical and administrative in nature; and the Administrative Agent shall not have by reason of this Agreement a fiduciary relationship in respect of any Lender; and nothing in this Agreement or in any of the other Credit Documents, expressed or implied, is intended to or shall be so construed as to impose upon the Administrative Agent any obligations in respect of this Agreement or in respect of any of the other Credit Documents or the other instruments and agreements referred to herein or therein except as expressly set forth herein or therein. It is understood that the Documentation Agent, the Co-Syndication Agents, the Senior Managing Agents, the Managing Agents and the Co-Agents do not have any duties or obligations under this Agreement or any other Credit Document (other than in their capacities as Lenders).
(b) None of the Administrative Agent, LASG, CSI and CIBL, nor any other Agent, shall be responsible to any Lender for the execution, effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement, any of the other Credit Documents, or any of the Notes issued hereunder or for the issuance of any of the Letters of Credit and such Lender's purchase of participations therein, or for any Liens or Guarantees granted by, or purported to be granted by, any of 102 97 the Credit Documents, or for any representations, warranties, recitals or statements made herein or therein or made in any written or oral statement or in any financial or other statements, instruments, reports, certificates or other documents in connection herewith or therewith furnished or made by the Administrative Agent, LASG, CSI or CIBL, or any other Agent, to any Lender or by or on behalf of any Credit Party to the Administrati...
Powers General Immunity. 97 8.04 Non-Reliance on Administrative Agent and Other Lenders...................................... 99 8.05 Indemnification ............................. 99 8.06
Powers General Immunity. (a) Each Secured Party, by ------------------------ its acquisition of any Note, irrevocably authorizes the Collateral Agent to take such action on such Secured Party's behalf and to exercise such powers under the Loan Documents as are specifically delegated to it by the terms thereof, together with such powers as are reasonably incidental thereto. The Collateral Agent shall have only those duties and responsibilities which are expressly specified in the Loan Documents and it may perform such duties by or through its agents or employees. The duties of the Collateral Agent shall be mechanical and administrative in nature; and the Collateral Agent shall not have by reason of any Loan Document a fiduciary relationship in respect of any Secured Party; and nothing in any of the Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon the Collateral Agent any obligations in respect of any of the Loan Documents except as expressly set forth therein.
Powers General Immunity. Subject to Sections 2.3 and 2.4 hereof, each Holder irrevocably authorizes Agent to take such action on such Holders behalf and to exercise such powers hereunder and under the Security Documents as are specifically and respectively delegated to Agent by the terms hereof and thereof, together with any and all powers as are reasonably incidental thereto. Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the Security Documents and may perform such duties by or through its agents, attorneys, officers or employees. Agent shall not have, by reason of this Agreement or any of the Security Documents, a fiduciary relationship in respect of any Holder; and nothing in this Agreement or any of the Security Documents, expressed or implied, is intended to or shall be so construed as to impose upon Agent any obligations in respect of this Agreement or any of the Security Documents except as expressly set forth herein or therein. To the extent that the consent of the Holders, or any of them, is not required pursuant to Section 3 hereof, the Agent shall be permitted to take such actions as it deems necessary or appropriate to fulfill it duties under this Agreement and the other Security Agreement, but shall not be obligated to take any actions thereunder.
Powers General Immunity. A. DUTIES SPECIFIED. Each Lender irrevocably authorizes each Agent to take such action on such Lender's behalf and to exercise such powers hereunder and under the other instruments and agreements referred to herein (including, without limitation, the Collateral Documents) as are specifically delegated to such Agent by the terms hereof and thereof, together with such powers as are reasonably incidental thereto. Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the Collateral Documents and it may perform such duties by or through its agents or employees. The duties of each Agent shall be mechanical and administrative in nature; each Agent shall not have by reason of this Agreement a fiduciary relationship in respect of any Lender; and nothing in this Agreement, expressed or implied, is intended to or shall be so construed as to impose upon any Agent any obligations in respect of this Agreement or the other instruments and agreements referred to herein except as expressly set forth herein or therein.
Powers General Immunity. (a) Each Lender irrevocably authorizes the Administrative Agent to take such action on such Lender's behalf and to exercise such powers hereunder and under the other Credit Documents and under the other instruments and agreements referred to herein and therein (including the Security Documents) as are specifically delegated to it by the terms hereof and thereof, together with such powers as are reasonably incidental thereto. The Administrative Agent shall have only those duties and responsibilities which are expressly specified in this Agreement and the other Credit Documents and it may perform such duties by or through its agents or employees (including ABS, CSI and CIBL). The duties of the Administrative Agent shall be mechanical and administrative in nature; and the Administrative Agent shall not have by reason of this Agreement a fiduciary relationship in respect of any Lender; and nothing in this Agreement or in any of the other Credit Documents, expressed or implied, is intended to or shall be so construed as to impose upon the Administrative Agent any obligations in respect of this Agreement or in respect of any of the other Credit Documents or the other instruments and agreements referred to herein or therein except as expressly set forth herein or therein. It is understood that the Managing Agents and Co-Agents do not have any duties or obligations under this Agreement or any other Credit Document (other than in their capacities as Lenders).
(b) None of the Administrative Agent, ABS, CSI and CIBL, nor any other Agent, shall be responsible to any Lender for the execution, effectiveness,
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