Common use of Disruption to Payment Systems etc Clause in Contracts

Disruption to Payment Systems etc. neither the Agent nor the Security Agent will be liable (including, without limitation, for negligence or any other category of liability whatsoever) for any action taken by it under or in connection with any Finance Document, unless directly caused by its gross negligence or willful misconduct.

Appears in 4 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Facility Agreement (DHT Holdings, Inc.), Facility Agreement (Nordic American Offshore Ltd.)

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Disruption to Payment Systems etc. neither the Agent nor the Security Agent will be liable (including, including without limitation, limitation for negligence or any other category of liability whatsoever) whatsoever for any action taken by it under or in connection with any Finance Document, unless directly caused by its gross negligence or willful wilful misconduct.

Appears in 3 contracts

Samples: Agreement (Rockwood Specialties Group Inc), Agreement (Rockwood Holdings, Inc.), Amendment and Restatement Agreement (Rockwood Holdings, Inc.)

Disruption to Payment Systems etc. neither the Agent nor the Security Agent Issuing Bank will be liable (including, without limitation, for negligence or any other category of liability whatsoever) for any action taken by it under or in connection with any Finance Document, unless directly caused by its gross negligence or willful wilful misconduct.

Appears in 3 contracts

Samples: Multicurrency Revolving Credit and Guarantee (Subsea 7 S.A.), Multicurrency Guarantee Facility Agreement (Acergy S.A.), Agreement (Acergy S.A.)

Disruption to Payment Systems etc. neither the Facility Agent nor the Security Agent will be liable (liable, including, without limitation, for negligence or any other category of liability whatsoever) , for any action taken by it under or in connection with any Senior Finance Document, unless directly caused by its gross negligence or willful wilful misconduct.

Appears in 2 contracts

Samples: Facility Agreement (Avis Budget Group, Inc.), Facility Agreement (Avis Budget Group, Inc.)

Disruption to Payment Systems etc. in the case of the Agent), neither the Agent nor the Security Agent Trustee will be liable (including, without limitation, for negligence or any other category of liability whatsoever) for any action taken by it or omitted to be taken by it under or in connection with any Finance Document, unless directly caused by its gross negligence or willful wilful misconduct.

Appears in 2 contracts

Samples: Agreement (Sesa Sterlite LTD), Agreement (Sesa Sterlite LTD)

Disruption to Payment Systems etc. in the case of the Facility Agent, neither the Facility Agent nor the Security Agent will be liable (including, without limitation, for negligence or any other category of liability whatsoever) for any action taken by it under or in connection with or for any omission by it in relation to any Finance Document, unless directly caused by its gross negligence or willful wilful misconduct.

Appears in 2 contracts

Samples: Consent and Agreement (Harry Winston Diamond Corp), Consent and Agreement (Harry Winston Diamond Corp)

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Disruption to Payment Systems etc. neither the Agent nor the Security Agent will be liable (including, without limitation, for negligence any losses to any person or any other category liability arising as a result of liability whatsoever) for taking or refraining from taking any action taken by it under or in connection with relation to any Finance DocumentDocuments or the Transaction Security, unless directly caused by its gross negligence or willful wilful misconduct.

Appears in 2 contracts

Samples: Facility Agreement (Innospec Inc.), Facility Agreement (Innospec Inc.)

Disruption to Payment Systems etc. neither the Agent nor the Security Agent Trustee will be liable (including, without limitation, for negligence or any other category of liability whatsoever) for any action taken by it under or in connection with any Finance Document, unless directly caused by its gross negligence or willful misconduct.

Appears in 1 contract

Samples: Assignment Agreement (NORDIC AMERICAN TANKERS LTD)

Disruption to Payment Systems etc. neither the Agent nor the Security Agent will be liable (including, without limitation, for negligence or any other category of liability whatsoever) for any action taken or omitted to be taken by it under or in connection with any Finance Document, unless directly caused by its gross negligence or willful wilful misconduct.

Appears in 1 contract

Samples: Agreement (Hines Global REIT, Inc.)

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