Agent Liability. The Financial Institution may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys and the Financial Institution shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care by it hereunder.
Appears in 3 contracts
Sources: Letter of Credit Reimbursement and Collateral Agreement (Dynegy Inc.), Letter of Credit Reimbursement and Collateral Agreement (Dynegy Inc.), Letter of Credit Reimbursement and Collateral Agreement (Dynegy Inc.)