Common use of General Immunity Clause in Contracts

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks or any Bank for any action taken or omitted to be taken by it or them under the Loan Documents or in connection therewith except for its or their own gross negligence or willful misconduct.

Appears in 9 contracts

Samples: Secured Credit Agreement (Pilgrims Pride Corp), Secured Credit Agreement (Pilgrims Pride Corp), Secured Credit Agreement (Pilgrims Pride Corp)

AutoNDA by SimpleDocs

General Immunity. Neither the Administrative Agent nor any of its directors, officers, agents or employees shall be liable to the Banks Borrower or any Bank Lender for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconduct.

Appears in 5 contracts

Samples: Credit Agreement (Ralcorp Holdings Inc /Mo), Credit Agreement (Ralcorp Holdings Inc /Mo), Credit Agreement (Green Tree Financial Corp)

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks Borrower, any Subsidiary Guarantor, the Lenders or any Bank Lender for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Credit Agreement (LNR Property Corp), Credit Agreement (Lennar Corp)

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks Borrower, Lenders or any Bank Lender for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Assignment Agreement (Duriron Co Inc), Credit Agreement (Pioneer Standard Electronics Inc)

General Immunity. Neither the Agent nor any of its directors, officers, employees, agents or employees advisors shall be liable to any of the Banks or any Bank for any action taken or omitted to be not taken by it or them under the Loan Documents or in connection therewith except for with this Agreement or any of the other Transaction Documents (i) with the consent or at the request of the Required Banks or (ii) in the absence of its or their own gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Cpi Corp), Revolving Credit Agreement (Cpi Corp)

General Immunity. Neither the any Agent nor any of its their respective directors, officers, agents agents, attorneys or employees shall be liable to the Banks Lenders or any Bank Lender for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconductmisconduct as finally determined in a judgment of a court of competent jurisdiction.

Appears in 2 contracts

Samples: Credit Agreement (Efm Programming Inc), Credit Agreement (Jacor Communications Inc)

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks either Loan Party or any Bank Lender for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (Fund American Enterprises Holdings Inc)

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks Borrower or any Bank the Lenders for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection therewith herewith or therewith, except for its or their own gross negligence or willful misconduct.

Appears in 1 contract

Samples: Assignment Agreement (Great Lakes Reit)

AutoNDA by SimpleDocs

General Immunity. Neither the Agent Managing Agents nor any of its their directors, officers, agents or employees shall be liable to the Banks or any Bank for any action taken or omitted to be taken by it or them under the Loan Documents or in connection therewith with any Loan Document except for its or their own gross negligence or willful wilful misconduct.

Appears in 1 contract

Samples: Credit Agreement (Ackerley Communications Inc)

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Company, the Banks or any Bank for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconduct.

Appears in 1 contract

Samples: Credit Agreement (Interstate Power & Light Co)

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks Borrower or any Bank Lender for any action taken or omitted to be taken by it or them hereunder or under the Loan Documents any other Transaction Document or in connection herewith or therewith except for its or their own gross negligence or willful misconduct.

Appears in 1 contract

Samples: Credit Agreement (Fund American Enterprises Holdings Inc)

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks Borrower, the Lenders or any Bank Lender for any action taken or omitted to be taken by it or them under the hereunder or any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconduct.

Appears in 1 contract

Samples: Credit Agreement (Aar Corp)

General Immunity. Neither the Agent (in its capacity as Agent and not in its capacity as a Bank) nor any of its directors, officers, agents or employees shall be liable to the Banks Borrower or any Bank for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconduct.

Appears in 1 contract

Samples: Credit Agreement (Biltmore South Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.