Common use of Exculpation Clause in Contracts

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall the Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement for indirect, special, punitive, or consequential loss or damage of any kind whatsoever, including, but not limited to, lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them and regardless of the form of action.

Appears in 34 contracts

Sources: Purchase Contract and Pledge Agreement (Southern Co), Purchase Contract and Pledge Agreement (Spire Missouri Inc), Purchase Contract and Pledge Agreement (PPL Corp)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall the Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement to any third party for indirect, special, punitive, or consequential loss or damage of any kind whatsoever, including, but not limited to, lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them and regardless of the form of action.

Appears in 28 contracts

Sources: Purchase Contract and Pledge Agreement (Genworth Financial Inc), Pledge Agreement (Public Service Co of New Mexico), Purchase Contract and Pledge Agreement (Genworth Financial Inc)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall the Collateral Agent, the Securities Intermediary, the Custodial Agent or the Securities Intermediary Registrar or their officers, directors, employees or agents be liable under this Agreement for indirect, special, punitive, or consequential loss or damage of any kind whatsoever, including, but not limited to, lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Securities Intermediary, the Custodial Agent or the Securities IntermediaryRegistrar, or any of them and regardless of the form of action.

Appears in 16 contracts

Sources: Collateral Agreement, Collateral Agreement (Us Bancorp \De\), Collateral Agreement (Us Bancorp \De\)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall the Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement to any third party for indirect, special, punitive, or consequential loss or damage of any kind whatsoever, including, but not limited to, lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them and regardless of the form of actionthem.

Appears in 11 contracts

Sources: Pledge Agreement (Cemex Sab De Cv), Pledge Agreement (Valero Energy Corp/Tx), Pledge Agreement (Williams Companies Inc)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall the Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement for indirect, special, punitive, or consequential loss or damage of any kind whatsoever, including, but not limited to, lost profits, goodwill, reputation, business opportunity or anticipated saving, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them and regardless of the form of action.

Appears in 8 contracts

Sources: Purchase Contract and Pledge Agreement (Ugi Corp /Pa/), Purchase Contract and Pledge Agreement (Nisource Inc.), Purchase Contract and Pledge Agreement (Nisource Inc.)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall the Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement to the Company or any third party for indirect, special, punitive, or consequential loss or damage of any kind whatsoever, including, but not limited to, lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them and regardless of the form of action.

Appears in 6 contracts

Sources: Pledge Agreement (Oneok Inc /New/), Pledge Agreement (Scottish Annuity & Life Holdings LTD), Pledge Agreement (Oneok Inc /New/)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall any of the Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement to any third party for indirect, special, punitive, punitive or consequential loss or damage of any kind whatsoever, including, but not limited to, including lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them them, and regardless of the form of action.

Appears in 5 contracts

Sources: Pledge Agreement (Berkshire Hathaway Inc), Pledge Agreement (Northrop Grumman Corp /De/), Pledge Agreement (Solutia Inc)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall any of the Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement to any third party for indirect, special, punitive, punitive or consequential loss or damage of any kind whatsoever, including, but not limited to, including lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them and regardless of the form of actionthem.

Appears in 3 contracts

Sources: Pledge Agreement (Temple Inland Inc), Pledge Agreement (Dte Energy Co), Pledge Agreement (Dte Energy Co)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall any of the Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement to any third party for indirect, special, punitive, or consequential loss or damage of any kind whatsoever, including, but not limited to, lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them and regardless of the form of actionthem.

Appears in 2 contracts

Sources: Pledge Agreement (Public Service Enterprise Group Inc), Pledge Agreement (Cinergy Corp)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall any of the Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement to any third party for indirect, special, punitive, punitive or consequential loss or damage of any kind whatsoever, including, but not limited to, including lost profits, whether incurred without any act or not deed that is found to be attributable to negligence, bad faith or willful misconduct on the likelihood part of such loss or damage was known to the Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them and regardless of the form of action.

Appears in 2 contracts

Sources: Pledge Agreement (Prudential Financial Inc), Pledge Agreement (Prudential Financial Inc)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall any of the Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement to any third party for indirect, special, punitive, punitive or consequential loss or damage of any kind whatsoever, including, but not limited to, including lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them them, and regardless of the form of action.

Appears in 2 contracts

Sources: Pledge Agreement (El Paso Corp/De), Pledge Agreement (El Paso Corp/De)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall the Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement to any third party for indirect, special, punitive, or consequential loss or damage of any kind whatsoeverkind, including, but not limited to, including lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them and regardless of the form of actionthem.

Appears in 2 contracts

Sources: Pledge Agreement (New Nisource Inc), Pledge Agreement (New Nisource Inc)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall the Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement to any third party for indirect, special, punitive, or consequential loss or damage of any kind whatsoever, including, but not limited to, lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them and regardless of the form of actionthem.

Appears in 2 contracts

Sources: Pledge Agreement (Metlife Inc), Pledge Agreement (Williams Companies Inc)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall the Company, Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement for indirect, special, punitive, or consequential loss or damage of any kind whatsoever, including, but not limited to, lost profits, whether or not the likelihood of such loss or damage was known to the Company, Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them and regardless of the form of action.

Appears in 1 contract

Sources: Purchase Contract and Pledge Agreement (United Technologies Corp /De/)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall the Purchase Contract Agent, the Collateral Agent, the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement for indirect, special, punitive, or consequential loss or damage of any kind whatsoever, including, but not limited to, lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent or the Securities Intermediary, or any of them and regardless of the form of action.

Appears in 1 contract

Sources: Purchase Contract and Pledge Agreement (Dte Energy Co)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall the Collateral Agent, the Securities Intermediary or the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement except for their gross negligence or willful misconduct or for indirect, special, punitive, or consequential loss or damage of any kind whatsoever, including, but not limited to, lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent Securities Intermediary or the Securities IntermediaryCustodial Agent, or any of them and regardless of the form of action.

Appears in 1 contract

Sources: Pledge Agreement (Pp&l Capital Funding Inc)

Exculpation. Anything contained in this Agreement to the contrary notwithstanding, in no event shall the Collateral Agent, the Securities Intermediary or the Custodial Agent or the Securities Intermediary or their officers, directors, employees or agents be liable under this Agreement for indirect, special, punitive, or consequential loss or damage of any kind whatsoever, including, but not limited to, lost profits, whether or not the likelihood of such loss or damage was known to the Collateral Agent, the Custodial Agent Securities Intermediary or the Securities IntermediaryCustodial Agent, or any of them and regardless of the form of actionthem. SECTION 10. AMENDMENT.

Appears in 1 contract

Sources: Pledge Agreement (PPL Corp)