Determinations, Etc. By Pricing Agent. All determinations, calculations and selections made by any Pricing Agent in good faith pursuant hereto shall be binding on all parties hereto, absent manifest error. Neither any Pricing Agent nor any of its directors, officers or employees shall be liable for any action taken or determination, calculation or selection made, by such Pricing Agent hereunder, except that such Pricing Agent shall be responsible for its gross negligence, bad faith or willful misconduct.
Appears in 1 contract
Sources: Sinking Fund Account Agreement (Us Home Systems Inc /Tx)
Determinations, Etc. By Pricing Agent. All determinations, calculations and selections made by any Pricing Agent in good faith pursuant hereto shall be binding on all parties hereto, absent manifest error. Neither any Pricing Agent nor any of its directors, officers or employees shall be liable for any action taken or determination, calculation or selection made, by such Pricing Agent hereunder, except that such Pricing Agent shall be responsible for its gross negligence, bad faith or willful misconduct.
Appears in 1 contract
Sources: Sinking Fund Account Agreement (Equivest Finance Inc)