Common use of Duties and Responsibilities of the Auction Agent Clause in Contracts

Duties and Responsibilities of the Auction Agent. (a) The Auction Agent is acting solely as non-fiduciary agent for the Trustee and owes no duties, fiduciary or otherwise, to any other Person by reason of this Broker-Dealer Agreement except as expressly set forth herein or in the Auction Agreement, and no implied duties, fiduciary or otherwise, shall be read into this Broker-Dealer Agreement against the Auction Agent.

Appears in 9 contracts

Samples: www.sifma.org, Broker Dealer Agreement (National Collegiate Student Loan Trust 2007-3), Broker Dealer Agreement (National Collegiate Student Loan Trust 2007-4)

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Duties and Responsibilities of the Auction Agent. (a) The Auction Agent is acting solely as non-fiduciary agent for the Trustee and owes the Issuer hereunder and has no duties, fiduciary or otherwise, duties to any other Person person and owes no fiduciary duties to any other person by reason of this Broker-Dealer Agreement except as expressly set forth herein or in the Auction Agreement, and no implied duties, fiduciary or otherwise, shall be read into this Broker-Dealer Agreement against the Auction Agent.

Appears in 3 contracts

Samples: Auction Agent Agreement (Pheaa Student Loan Trust I), Auction Agency Agreement (Pheaa Student Loan Foundation Inc), Auction Agency Agreement (SLC Student Loan Receivables I Inc)

Duties and Responsibilities of the Auction Agent. (a) The Auction Agent is acting solely as non-fiduciary agent for the Trustee Fund and owes no duties, fiduciary or otherwise, to any other Person person by reason of this Broker-Dealer Agreement except as expressly set forth herein or in the Auction Agreement, and no implied duties, fiduciary or otherwise, shall be read into this Broker-Dealer Agreement against the Auction Agent.

Appears in 2 contracts

Samples: Broker Dealer Agreement (Advent/Claymore Global Convertible Securities & Income Fund), Broker Dealer Agreement (Cohen & Steers Global Income Builder, Inc)

Duties and Responsibilities of the Auction Agent. (a) The Auction Agent is acting solely as non-fiduciary the agent for of the Trustee Board and owes no duties, fiduciary or otherwise, to any other Person by reason of this Broker-Dealer Agreement except as expressly set forth herein or in the Auction Agreement, and no implied duties, fiduciary or otherwise, shall be read into this Broker-Dealer Agreement against the Auction Agent.

Appears in 1 contract

Samples: Broker Dealer Agreement

Duties and Responsibilities of the Auction Agent. (a) The Auction Agent is acting solely as non-fiduciary agent for the Indenture Trustee and the Issuer hereunder and has no duties to any other person and owes no duties, fiduciary or otherwise, duties to any other Person person by reason of this Broker-Dealer Agreement except as expressly set forth herein or in the Auction Agreement, and no implied duties, fiduciary or otherwise, shall be read into this Broker-Dealer Agreement against the Auction Agent.

Appears in 1 contract

Samples: Auction Agent Agreement (SLM Student Loan Trust 2006-7)

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Duties and Responsibilities of the Auction Agent. (a) The Auction Agent is acting solely as non-fiduciary agent for of the Trustee and owes no duties, fiduciary or otherwise, to any other Person person by reason of this Broker-Dealer Agreement Auction Agreement, except as expressly set forth herein or in the Auction Agreementotherwise stated herein, and no implied duties, fiduciary or otherwise, shall be read into this Broker-Dealer Agreement against the Auction AgentAgreement.

Appears in 1 contract

Samples: Auction Agreement (Chugach Electric Association Inc)

Duties and Responsibilities of the Auction Agent. (a) The Auction Agent is acting solely as a non-fiduciary agent for of the Trustee and owes no duties, fiduciary or otherwise, to any other Person by reason of this Broker-Dealer Agreement Auction Agent Agreement, except as expressly set forth herein or in the Auction Agreementotherwise stated herein, and no implied duties, fiduciary or otherwise, shall be read into this Broker-Dealer Agreement against the Auction AgentAgent Agreement.

Appears in 1 contract

Samples: Auction Agent Agreement (El Paso Electric Co /Tx/)

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