Common use of Agent Professionals Clause in Contracts

Agent Professionals. Each Agent and each Collateral Agent may perform its duties through agents and employees. Each Agent and each Collateral Agent may consult with and employ Agent Professionals, and shall be entitled to act upon, and shall be fully protected in any action taken in good faith reliance upon, any advice given by an Agent Professional. No Agent nor any Collateral Agent shall be responsible for the negligence or misconduct of any agents, employees or Agent Professionals selected by it with reasonable care.

Appears in 2 contracts

Samples: Credit Agreement (Ryerson Holding Corp), Credit Agreement (Ryerson Inc.)

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Agent Professionals. Each Agent and each Collateral Agent Agents may perform its their respective duties through agents and employees. Each Agent and each Collateral Agent Agents may consult with and employ Agent Professionals, and shall be entitled to act upon, and shall be fully protected in any action taken in good faith reliance upon, any advice given by an Agent Professional. No Agent nor any and Collateral Agent Agents shall not be responsible for the negligence or misconduct of any agents, employees or Agent Professionals selected by it them with reasonable care.

Appears in 1 contract

Samples: Loan Agreement (Solo Cup CO)

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