SAFE CUSTODY. The Agent shall be at liberty to place any of the Transaction Documents and any other instruments, documents or deeds delivered to it pursuant to or in connection with any of the Transaction Documents for the time being in its possession in any safe deposit, safe or receptacle selected by it or with any bank, any company whose business includes undertaking the safe custody of documents or any firm of lawyers of good repute and shall not be responsible for any loss thereby incurred.
Appears in 2 contracts
Sources: Onshore Bill Discount Facility (NSM Steel Co LTD), Syndicated Offshore Bill Discount Facility (NSM Steel Co LTD)