Administrative Agent’s Duties. Notwithstanding any provision contained in this Agreement, the Administrative Agent shall have no duty to exercise any of the rights, privileges or powers afforded to it and shall not be responsible to any Debtor or any other Person for any failure to do so or delay in doing so.
Appears in 5 contracts
Samples: Fourth Amended and Restated Security Agreement (Greenbrier Companies Inc), Third Amended and Restated Security Agreement (Greenbrier Companies Inc), Security Agreement (Flow International Corp)
Administrative Agent’s Duties. Notwithstanding any provision contained in this Agreement, the Administrative Agent shall have no duty to exercise any of the rights, privileges or powers afforded to it and shall not be responsible to any the Debtor or any other Person for any failure to do so or delay in doing so.
Appears in 3 contracts
Samples: Amended and Restated Security Agreement (Greenbrier Companies Inc), Security Agreement (Flow International Corp), Security Agreement (Getty Images Inc)
Administrative Agent’s Duties. Notwithstanding any provision contained in this Agreement, the Administrative Agent shall have no duty to exercise any of the rights, privileges or powers afforded to it and shall not be responsible to any Debtor the Pledgor or any other Person for any failure to do so or delay in doing so.
Appears in 3 contracts
Samples: Security Agreement (Flow International Corp), Credit Agreement (Flow International Corp), Security Agreement (Getty Images Inc)
