Action by Administrative Agent. (a) The obligations of the Administrative Agent hereunder are only those expressly set forth herein. The Administrative Agent shall have no duty to exercise any right or power or remedy hereunder or under any other document or instrument executed and delivered in connection with or as contemplated by this Agreement or to take any affirmative action hereunder or thereunder.
Appears in 9 contracts
Samples: Revolving Credit and Term Loan Agreement (Mac-Gray Corp), Revolving Credit Agreement (Ross Stores Inc), Revolving Credit Agreement (Gamestop Corp)
Action by Administrative Agent. (a) The obligations of the Administrative Agent hereunder are only those expressly set forth herein, and its duties shall be administrative in nature. The Without limiting the generality of the foregoing, the Administrative Agent shall have no duty to exercise any right or power or remedy hereunder or under any other document or instrument executed and delivered in connection with or as contemplated by this Agreement or to take any affirmative action hereunder or thereunder.Agent:
Appears in 7 contracts
Samples: Credit Agreement (Consolidated Edison Co of New York Inc), Credit Agreement (Consolidated Edison Co of New York Inc), Credit Agreement (Consolidated Edison Co of New York Inc)
Action by Administrative Agent. (a) The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article VI. The Administrative Agent shall not have no duty by reason of the execution and delivery of the Loan Documents to exercise which it is a party, the performance of any right of its obligations thereunder, or power by the use of the term “Administrative Agent”, a fiduciary relationship in respect of any Bank or remedy hereunder or under any other document or instrument executed and delivered in connection with or as contemplated by this Agreement or to take any affirmative action hereunder or thereunderthe Borrower.
Appears in 6 contracts
Samples: Credit Agreement (Kilroy Realty, L.P.), Credit Agreement (Kilroy Realty, L.P.), Revolving Credit Agreement (Kilroy Realty Corp)
Action by Administrative Agent. (a) The obligations and duties of the Administrative Agent hereunder are only those expressly set forth hereinherein and in the other Loan Documents, and its duties hereunder shall be administrative in nature. The Without limiting the generality of the foregoing, the Administrative Agent shall have no duty to exercise any right or power or remedy hereunder or under any other document or instrument executed and delivered in connection with or as contemplated by this Agreement or to take any affirmative action hereunder or thereunder.Agent:
Appears in 3 contracts
Samples: Credit Agreement (Rockwell Automation Inc), Credit Agreement (Rockwell Automation, Inc), Credit Agreement (Rockwell Automation, Inc)
Action by Administrative Agent. (ai) The obligations of the Administrative Agent hereunder are only those expressly set forth herein. The Administrative Agent shall have no duty (except as may be expressly set forth herein) to exercise any right or power or remedy hereunder hereunder, under any other Loan Document, or under any other document or instrument executed and delivered in connection with or as contemplated by this Agreement or to take any affirmative action hereunder or thereunder.. Without limiting the generality of the foregoing, the Administrative Agent:
Appears in 1 contract
