Common use of Consultation with Counsel Clause in Contracts

Consultation with Counsel. Banks agree that Agent may consult with legal counsel selected by Agent and shall not be liable for any action taken or suffered in good faith by it in accordance with the advice of such counsel.

Appears in 11 contracts

Samples: Credit Agreement (Continental Resources Inc), Credit Agreement (Newpark Resources Inc), Loan Agreement (Gothic Energy Corp)

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Consultation with Counsel. Banks agree that Agent may consult with legal counsel selected by Agent it and shall not be liable for any action taken or suffered in good faith by it them in accordance with the advice of such counsel.

Appears in 7 contracts

Samples: Guaranty Agreement (Pier 1 Imports Inc/De), Revolving Credit Agreement (Americredit Corp), Revolving Credit Agreement (Tandycrafts Inc)

Consultation with Counsel. Banks agree that Agent may consult with legal counsel selected by Agent it and shall not be liable for any action taken or suffered in good faith by it in accordance with the advice of such counsel.

Appears in 5 contracts

Samples: Loan Agreement (Clayton Williams Energy Inc /De), Senior Secured Loan Agreement (Southwest Royalties Holdings Inc), Loan Agreement (Clayton Williams Energy Inc /De)

Consultation with Counsel. Banks agree that each Agent may consult with legal counsel selected by Agent it and shall not be liable for any action taken or suffered in good faith by it them in accordance with the advice of such counsel.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Cross Timbers Oil Co), Credit Agreement (Cross Timbers Oil Co)

Consultation with Counsel. Banks agree that Agent may consult with legal counsel selected by Agent and shall not be liable for any action taken or suffered in good faith by it in accordance with the advice of such counsel. BANKS ACKNOWLEDGE THAT GARDERE XXXXX XXXXXX LLP IS COUNSEL FOR BANK ONE, BOTH AS AGENT AND AS A BANK, AND THAT SUCH FIRM DOES NOT REPRESENT ANY OF THE OTHER BANKS IN CONNECTION WITH THIS TRANSACTION.

Appears in 2 contracts

Samples: Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc)

Consultation with Counsel. Banks agree that each Agent may consult ------------------------- with legal counsel selected by Agent it and shall not be liable for any action taken or suffered in good faith by it them in accordance with the advice of such counsel.

Appears in 1 contract

Samples: Revolving Credit Agreement (Cross Timbers Oil Co)

Consultation with Counsel. Banks agree that The Agent may consult with ------------------------- legal counsel selected by Agent it and shall not be liable to the Banks for any action taken or suffered in good faith by it in accordance with the advice of such counsel.

Appears in 1 contract

Samples: Credit Agreement (Buca Inc /Mn)

Consultation with Counsel. The Banks agree that the Administrative Agent may consult with legal counsel selected by Agent it and shall not be liable for any action taken or suffered in good faith by it in accordance with the advice of such counsel.

Appears in 1 contract

Samples: Credit Agreement (Plasti Line Inc /Tn/)

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Consultation with Counsel. Banks agree that Agent may consult with ------------------------- legal counsel selected by Agent and shall not be liable for any action taken or suffered in good faith by it in accordance with the advice of such counsel.

Appears in 1 contract

Samples: Credit Agreement (Cmi Corp)

Consultation with Counsel. Banks agree that Agent and Co-Agents ------------------------- may consult with legal counsel selected by Agent and Co-Agents and shall not be liable for any action taken or suffered in good faith by it in accordance with the advice of such counsel.

Appears in 1 contract

Samples: Loan Agreement (Gothic Energy Corp)

Consultation with Counsel. The Banks agree that the Agent may consult with legal counsel selected by Agent it and shall not be liable for any action taken or suffered in good faith by it in accordance with the advice of such counsel.

Appears in 1 contract

Samples: Credit Agreement (Hilb Rogal & Hamilton Co /Va/)

Consultation with Counsel. Banks agree that Agent may consult ------------------------- with legal counsel selected by Agent and shall not be liable for any action taken or suffered in good faith by it in accordance with the advice of such counsel.

Appears in 1 contract

Samples: Loan Agreement (Gothic Energy Corp)

Consultation with Counsel. Banks agree that each Agent may ------------------------- consult with legal counsel selected by Agent it and shall not be liable for any action taken or suffered in good faith by it them in accordance with the advice of such counsel.

Appears in 1 contract

Samples: Revolving Credit Agreement (Cross Timbers Oil Co)

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