Common use of Exculpatory Provisions Clause in Contracts

Exculpatory Provisions. The Administrative Agent shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall (i) be liable for any action lawfully taken or omitted to be taken by it under or in connection with this Agreement or any other Loan Document (except for its own gross negligence, willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its officers contained in this Agreement, in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 20 contracts

Samples: Year Credit Agreement (PPL Electric Utilities Corp), Credit Agreement (PPL Energy Supply LLC), Credit Agreement (PPL Electric Utilities Corp)

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Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for its or such person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or of its Subsidiaries or any of its their respective officers contained in this Agreement, in any other Loan Credit Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Credit Document or for any failure of the Borrower or any Subsidiary of its the Borrower or any of their respective officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan DocumentAgreement, or to inspect the properties, books or records of the BorrowerBorrower or any of its Subsidiaries. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Credit Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower or any of its Subsidiaries to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 15 contracts

Samples: Credit Agreement (Stoneridge Inc), Credit Agreement (Royal Appliance Manufacturing Co), Credit Agreement (Om Group Inc)

Exculpatory Provisions. The Administrative Neither any Lender Agent shall notnor any of its directors, and no officers, directors, employees, agents, attorneys-in-fact agents or affiliates of the Administrative Agent, employees shall be (i) be liable for any action lawfully taken or omitted to be taken by it or them under or in connection with this Agreement or any other Loan Transaction Document (except for its its, their or such Person’s own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders its related Lender for any recitals, statements, representations or warranties made by the Borrower or any of its officers the Servicer contained in this AgreementArticle IV, in any other Loan Transaction Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Transaction Document, or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement, any other Transaction Document or any other document furnished in connection herewith or therewith, or for any failure of the Borrower or any of its officers the Servicer to perform its obligations hereunder or thereunder, or for the satisfaction of any condition specified in this Agreement, or for the perfection, priority, condition, value or sufficiency of any collateral pledged in connection herewith. The Administrative No Lender Agent shall not be under any obligation to any its related Lender to ascertain or to inquire as to the observance or performance of any of the agreements or covenants contained in, or conditions of, this Agreement or any other Loan Transaction Document, or to inspect the properties, books or records of the BorrowerBorrower or the Servicer. The Administrative No Lender Agent shall not be responsible deemed to have knowledge of any Event of Default or Unmatured Event of Default unless such Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of has received notice from the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Defaultits related Lender.

Appears in 15 contracts

Samples: Loan and Servicing Agreement (Fifth Street Finance Corp), Loan and Servicing Agreement (GOLUB CAPITAL BDC, Inc.), Loan and Servicing Agreement (Solar Capital Ltd.)

Exculpatory Provisions. The Administrative Agent shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall (i) be liable for any action lawfully taken or omitted to be taken by it under or in connection with this Agreement or any other Loan Document (except for its own gross negligence, willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its officers contained in this Agreement, in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 14 contracts

Samples: Revolving Credit Agreement (LG&E & KU Energy LLC), Assignment and Assumption (PPL Corp), Revolving Credit Agreement (PPL Corp)

Exculpatory Provisions. The Neither Administrative Agent shall notnor any of its Affiliates, and no nor any of their respective officers, directors, employees, agents, agents or attorneys-in-fact or affiliates of the Administrative (each such person, an “Agent-Related Person”), shall (i) be liable for any action lawfully taken or omitted to be taken by it under or in connection herewith or in connection with this Agreement or any of the other Loan Document Documents (except for its own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders Lender Party for any recitals, statements, representations or warranties made by the Borrower or any of its officers Borrower Parties contained in this Agreement, herein or in any of the other Loan Document Documents or in any certificate, report, document, financial statement or other document written or oral statement referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement herewith or any in connection with the other Loan Document Documents, or enforceability or sufficiency therefor of any of the other Loan Documents, or for any failure of the any Borrower or any of its officers Party to perform its obligations hereunder or thereunder. The Administrative Agent No Agent-Related Person shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility collectability or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person Borrower Party in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent Agent-Related Person to the Lenders or by or on behalf of the Borrower Parties to the Administrative Agent Agent-Related Person or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Potential Default or Event of DefaultDefault or to inspect the properties, books or records of the Borrower Parties. Administrative Agent is not a trustee for the Lenders and owes no fiduciary duty to the Lenders. Each Lender Party recognizes and agrees that Administrative Agent shall not be required to determine independently whether the conditions described in Section 6.2 have been satisfied and, when Administrative Agent disburses funds to a Borrower, it may rely fully upon statements contained in the relevant requests by a Borrower Party.

Appears in 14 contracts

Samples: Revolving Credit and Security Agreement (Golub Capital BDC 3, Inc.), Revolving Credit and Security Agreement (Golub Capital BDC 3, Inc.), Revolving Credit and Security Agreement (Golub Capital Direct Lending Corp)

Exculpatory Provisions. The Neither the Administrative Agent nor any of its Related Parties shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for its or such Related Parties’ own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its Subsidiaries or any of their respective officers contained in this Agreement, in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for any failure of the Borrower or any Subsidiary of its the Borrower or any of their respective officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower or any Subsidiary of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower or any of its Subsidiaries to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 11 contracts

Samples: Term Loan Agreement (Cooper Companies Inc), Credit Agreement (Cooper Companies Inc), Term Loan Agreement (Cooper Companies Inc)

Exculpatory Provisions. The Administrative Agent shall notNone of the Agents, and no or their respective Affiliates or any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative any Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative No Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. No Agent shall have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, (a) no Agent shall be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, and (b) no Agent shall, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by such Agent or any of its Affiliates in any capacity. The Agents shall be deemed not to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to the Administrative Agent by the Borrower, a Lender or an Issuing Bank. The Administrative No Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any Lender for the effectivenessstatement, genuineness, validity, enforceability, collectibility warranty or sufficiency of representation made in or in connection with this Agreement or any other Loan Document or for Document, (ii) the contents of any representationscertificate, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial report or other statements, instruments, reports, certificates document delivered hereunder or any other documents thereunder or in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to therewith, (iii) the performance or observance of any of the termscovenants, conditions, provisions, covenants agreements or agreements contained other terms or conditions set forth herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence occurrence of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent. No Cash Management Bank or Hedge Bank that obtains the benefits of Section 7.02, any Guarantee or any Collateral by virtue of the provisions hereof or of any Guarantee or any Security Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be.

Appears in 10 contracts

Samples: Incremental Assumption Agreement (Rackspace Technology, Inc.), First Lien Credit Agreement (Rackspace Technology, Inc.), Credit Agreement (Driven Brands Holdings Inc.)

Exculpatory Provisions. The Administrative Agent shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall (i) be liable for any action lawfully taken or omitted to be taken by it under or in connection with this Agreement or any other Loan Document (except for its own gross negligence, willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its officers contained in this Agreement, in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.. Section 8.08

Appears in 8 contracts

Samples: Term Loan Credit Agreement (Louisville Gas & Electric Co /Ky/), Revolving Credit Agreement (Louisville Gas & Electric Co /Ky/), Revolving Credit Agreement (Louisville Gas & Electric Co /Ky/)

Exculpatory Provisions. The Administrative Agent shall notNone of the Agents, and no or their respective Affiliates or any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative any Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative No Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. No Agent shall have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, (a) no Agent shall be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, and (b) no Agent shall, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by such Agent or any of its Affiliates in any capacity. The Agents shall be deemed not to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to the Administrative Agent by the Borrower, a Lender or an Issuing Bank. The Administrative No Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any Lender for the effectivenessstatement, genuineness, validity, enforceability, collectibility warranty or sufficiency of representation made in or in connection with this Agreement or any other Loan Document or for Document, (ii) the contents of any representationscertificate, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial report or other statements, instruments, reports, certificates document delivered hereunder or any other documents thereunder or in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to therewith, (iii) the performance or observance of any of the termscovenants, conditions, provisions, covenants agreements or agreements contained other terms or conditions set forth herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence occurrence of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent.

Appears in 8 contracts

Samples: Incremental Assumption and Amendment Agreement (ADT Inc.), Credit Agreement (ADT Inc.), Credit Agreement (ADT Inc.)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document Credit Documents (except for its or such Person’s own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the a Borrower contained herein or in any of its officers contained in this Agreement, in any the other Loan Document Credit Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection withherewith or in connection with the other Credit Documents, this Agreement or enforceability or sufficiency therefor of any of the other Loan Document Credit Documents, or for any failure of the Borrower or any of its officers Borrowers to perform its their respective obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility collectability or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person a Borrower in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the a Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of a Borrower. The Administrative Agent is not a trustee for the Lenders and owes no fiduciary duty to the Lenders. None of the Lenders identified on the facing page or signature pages of this Credit Agreement as “Syndication Agents” or “Joint Bookrunners” shall have any right, power, obligation, liability, responsibility or duty under this Credit Agreement other than those applicable to all Lenders as such, nor shall they have or be deemed to have any fiduciary relationship with any Lender.

Appears in 8 contracts

Samples: Revolving Credit Agreement (Virginia Electric & Power Co), Revolving Credit Agreement (South Carolina Electric & Gas Co), Revolving Credit Agreement (Virginia Electric & Power Co)

Exculpatory Provisions. The Administrative Neither any Agent shall not, and no or its Affiliates nor any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative Agent Agents shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, (a) the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, and (b) the Administrative Agent shall not, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by the person serving as the Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent shall be deemed not to have knowledge of any Default or Event of Default unless and until notice describing such Default or Event of Default is given to the Administrative Agent in writing by the Borrower, a Lender or an Issuing Bank. The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any Lender for the effectivenessstatement, genuineness, validity, enforceability, collectibility warranty or sufficiency of representation made in or in connection with this Agreement or any other Loan Document or for Document, (ii) the contents of any representationscertificate, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial report or other statements, instruments, reports, certificates document delivered hereunder or any other documents thereunder or in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to therewith, (iii) the performance or observance of any of the termscovenants, conditions, provisions, covenants agreements or agreements contained other terms or conditions set forth herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence occurrence of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent.

Appears in 8 contracts

Samples: Credit Agreement (Verso Paper Holdings LLC), Credit Agreement (Claires Stores Inc), Eleventh Amendment (Anywhere Real Estate Group LLC)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Credit Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders or any other Secured Party for any recitals, statements, representations or warranties made by the Borrower any Credit Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Credit Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Credit Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Credit Document or for any failure of the Borrower any Credit Party or any of its officers other Person to perform its obligations hereunder or thereunder. The Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the Administrative Agent to liability or that is contrary to any Credit Document or applicable law, including for the avoidance of doubt any action that may be in violation of the automatic stay under any bankruptcy or insolvency law or other similar law or that may effect a forfeiture, modification or termination of property of a Defaulting Lender in violation of any bankruptcy or insolvency law or other similar law. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Credit Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultCredit Party.

Appears in 7 contracts

Samples: Credit Agreement (Evolent Health, Inc.), Lien Revolving Credit Agreement (Teligent, Inc.), Credit Agreement (Teligent, Inc.)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or Agreement, any other Loan Document or the Intercreditor and Collateral Agency Agreement (except for its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower Borrower, any other Loan Party or any of its officers officer thereof contained in this Agreement, in any other Loan Document or the Intercreditor and Collateral Agency Agreement or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or Agreement, any other Loan Document or the Intercreditor and Collateral Agency Agreement or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement, any other Loan Document or the Intercreditor and Collateral Agency Agreement or for any failure of the Borrower or any of its officers other Loan Party to perform its obligations Obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or Agreement, any other Loan DocumentDocument or the Intercreditor and Collateral Agency Agreement, or to inspect the properties, books or records of the BorrowerBorrower or any other Loan Party. The Administrative Agent shall will not be responsible required to take any Lender for action that, in its opinion or the effectivenessopinion of its counsel, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by may expose the Administrative Agent to liability or that is contrary to any Loan Document or applicable law, including for the Lenders or by or on behalf avoidance of doubt, any action that may be in violation of the Borrower automatic stay under any law relating to bankruptcy, insolvency or reorganization or relief of debtors, or seeking the Administrative Agent entry of an order for relief or the appointment of a receiver, trustee, or other similar official for such Person or for any substantial part of such Person’s property or that may effect a forfeiture, modification or termination of property of a Defaulting Lender or be required to ascertain or inquire as to the performance or observance in violation of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Defaultsuch law.

Appears in 7 contracts

Samples: Credit Agreement (Digicel Group LTD), Tranche I Credit Agreement (Digicel Group LTD), Credit Agreement (Digicel Group LTD)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document Credit Documents (except for its or such Person’s own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower contained herein or in any of its officers contained in this Agreement, in any the other Loan Document Credit Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection withherewith or in connection with the other Credit Documents, this Agreement or enforceability or sufficiency therefor of any of the other Loan Document Credit Documents, or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person the Borrower in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of the Borrower. The Administrative Agent is not a trustee for the Lenders and owes no fiduciary duty to the Lenders. None of the Lenders identified on the facing page or signature pages of this Credit Agreement as “Syndication Agent” or “Co-Documentation Agents” shall have any right, power, obligation, liability, responsibility or duty under this Credit Agreement other than those applicable to all Lenders as such, nor shall they have or be deemed to have any fiduciary relationship with any Lender.

Appears in 7 contracts

Samples: Credit Agreement (Dominion Resources Inc /Va/), Credit Agreement (Dominion Resources Inc /Va/), Credit Agreement (Dominion Resources Inc /Va/)

Exculpatory Provisions. The Administrative Agent shall notNone of the Agents, and no or their respective Affiliates or any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative any Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative No Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. No Agent shall have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, (a) no Agent shall be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, and (b) no Agent shall, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by such Agent or any of its Affiliates in any capacity. The Agents shall be deemed not to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to the Administrative Agent by the Borrower, a Lender or Issuing Bank. The Administrative No Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any Lender for the effectivenessstatement, genuineness, validity, enforceability, collectibility warranty or sufficiency of representation made in or in connection with this Agreement or any other Loan Document or for Document, (ii) the contents of any representationscertificate, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial report or other statements, instruments, reports, certificates document delivered hereunder or any other documents thereunder or in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to therewith, (iii) the performance or observance of any of the termscovenants, conditions, provisions, covenants agreements or agreements contained other terms or conditions set forth herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence occurrence of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent. No Cash Management Bank or Hedge Bank that obtains the benefits of Section 7.02, any Guarantee or any Collateral by virtue of the provisions hereof or of any Guarantee or any Security Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be.

Appears in 7 contracts

Samples: Credit Agreement (AP Gaming Holdco, Inc.), Credit Agreement (AP Gaming Holdco, Inc.), Incremental Assumption Agreement (PlayAGS, Inc.)

Exculpatory Provisions. The Administrative Agent shall notNone of the Agents, and no or their respective Affiliates or any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative any Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative No Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. No Agent shall have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, (a) no Agent shall be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, and (b) no Agent shall, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by such Agent or any of its Affiliates in any capacity. The Agents shall be deemed not to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to the Administrative Agent by the Borrower, a Lender or Issuing Bank. The Administrative No Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any Lender for the effectivenessstatement, genuineness, validity, enforceability, collectibility warranty or sufficiency of representation made in or in connection with this Agreement or any other Loan Document or for Document, (ii) the contents of any representationscertificate, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial report or other statements, instruments, reports, certificates document delivered hereunder or any other documents thereunder or in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to therewith, (iii) the performance or observance of any of the termscovenants, conditions, provisions, covenants agreements or agreements contained other terms or conditions set forth herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence occurrence of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent.

Appears in 6 contracts

Samples: Joinder Agreement (McGraw-Hill Interamericana, Inc.), Credit Agreement (AP Gaming Holdco, Inc.), Incremental Assumption Agreement (AP Gaming Holdco, Inc.)

Exculpatory Provisions. The Administrative Neither the Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document Credit Documents (except for its or such Person’s own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower contained herein or in any of its officers contained in this Agreement, in any the other Loan Document Credit Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection withherewith or in connection with the other Credit Documents, this Agreement or enforceability or sufficiency therefor of any of the other Loan Document Credit Documents, or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person the Borrower in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or the Fronting Bank or by or on behalf of the Borrower to the Administrative Agent or any Lender or the Fronting Bank or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans Advances or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of the Borrower. The Agent is not a trustee for the Lenders or the Fronting Bank and owes no fiduciary duty to the Lenders or the Fronting Bank.

Appears in 6 contracts

Samples: Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp)

Exculpatory Provisions. The Administrative Neither any Agent shall not, and no nor any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document Document, or in connection herewith or therewith, (except for x) with the consent of or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith to be necessary, under the circumstances as provided in the Loan Documents) or (y) in the absence of its own gross negligence, negligence or willful misconduct or bad faith(such absence to be presumed unless otherwise determined by a court of competent jurisdiction by a final and non-appealable judgment) or nor (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document (including, for the avoidance of doubt, in connection with the Administrative Agent’s reliance on any Electronic Signature transmitted by telecopy, emailed pdf. or any other electronic means that reproduces an image of an actual executed signature page) or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative Agent Agents shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultParty.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Bunge Global SA), Term Loan Agreement (Bungeltd), Credit Agreement (Bungeltd)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document Credit Documents (except for its or such Person’s own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the a Borrower contained herein or in any of its officers contained in this Agreement, in any the other Loan Document Credit Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection withherewith or in connection with the other Credit Documents, this Agreement or enforceability or sufficiency therefor of any of the other Loan Document Credit Documents, or for any failure of the Borrower or any of its officers Borrowers to perform its their respective obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person a Borrower in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the a Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of a Borrower. The Administrative Agent is not a trustee for the Lenders and owes no fiduciary duty to the Lenders. None of the Lenders identified on the facing page or signature pages of this Agreement as “Co-Syndication Agents” or “Co-Documentation Agents” shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than those applicable to all Lenders as such, nor shall they have or be deemed to have any fiduciary relationship with any Lender.

Appears in 6 contracts

Samples: Credit Agreement (Dominion Resources Inc /Va/), Credit Agreement (Dominion Resources Inc /Va/), Credit Agreement (Consolidated Natural Gas Co/Va)

Exculpatory Provisions. The Administrative Neither the Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document Credit Documents (except for its or such Person’s own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower contained herein or in any of its officers contained in this Agreement, in any the other Loan Document Credit Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection withherewith or in connection with the other Credit Documents, this Agreement or enforceability or sufficiency therefor of any of the other Loan Document Credit Documents, or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person the Borrower in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of the Borrower. The Agent is not a trustee for the Lenders and owes no fiduciary duty to the Lenders.

Appears in 5 contracts

Samples: Three Year Credit Agreement (Wisconsin Energy Corp), Credit Agreement (WPS Resources Corp), Credit Agreement (WPS Resources Corp)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with the Base Indenture, this Agreement Supplement or any other Loan Related Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders Non-Conduit Purchasers, the CP Conduit Purchasers, the APA Banks or the Funding Agents for any recitals, statements, representations or warranties made by ABRCF, the Borrower Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrator or any of its officers officer thereof contained in this Agreement, in Supplement or any other Loan Related Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement Supplement or any other Loan Related Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Supplement, any other Related Document, or for any failure of the Borrower or any of its officers ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary or the Administrator to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender Non-Conduit Purchaser, any CP Conduit Purchaser, any APA Bank or any Funding Agent to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or Supplement, any other Loan Document, Related Document or to inspect the properties, books or records of ABRCF, the Borrower. The Administrative Agent shall not be responsible to any Lender for Lessors, the effectivenessLessees, genuinenessthe Permitted Sublessees, validity, enforceability, collectibility the Intermediary or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAdministrator.

Appears in 5 contracts

Samples: Avis Budget Group, Inc., Avis Budget Group, Inc., Avis Budget Group, Inc.

Exculpatory Provisions. The Administrative No Senior Managing Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for its or such Person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders Banks for any recitals, statements, representations or warranties made by the Borrower Holdings, any Subsidiary or any of its their respective officers contained in this Agreement, in any other Loan Credit Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative any Senior Managing Agent under or in connection with, this Agreement or any other Loan Credit Document or for any failure of the Borrower Holdings or any Subsidiary or any of its their respective officers to perform its obligations hereunder or thereunder. The Administrative No Senior Managing Agent shall not be under any obligation to any Lender Bank to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan DocumentAgreement, or to inspect the properties, books or records of the BorrowerHoldings or any Subsidiary. The Administrative No Senior Managing Agent shall not be responsible to any Lender Bank for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Credit Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative any Senior Managing Agent to the Lenders Banks or by or on behalf of the Borrower to the Administrative any Senior Managing Agent or any Lender Bank or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 5 contracts

Samples: Nabisco Credit Agreement (RJR Nabisco Inc), Credit Agreement (Nabisco Inc), Credit Agreement (Nabisco Inc)

Exculpatory Provisions. The Administrative (a) No Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it any of them under or in connection with this Agreement or any other Loan Credit Document (except for its or such Person’s own gross negligencenegligence or willful misconduct, willful misconduct or bad faithas determined in the final judgment of a court of competent jurisdiction, in connection with its duties expressly set forth herein) or (iib) be responsible in any manner to any of the Lenders or any participant for any recitals, statements, representations or warranties made by any of US Holdings, the Borrower Borrower, any other Guarantor, any other Credit Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Credit Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative such Agent under or in connection with, this Agreement or any other Loan Credit Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Credit Document, or the perfection or priority of any Lien or security interest created or purported to be created under the Security Documents, or for any failure of US Holdings, the Borrower Borrower, any other Guarantor or any of its officers other Credit Party to perform its obligations hereunder or thereunder. The Administrative No Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Credit Document, or to inspect the properties, books or records of the Borrowerany Credit Party or any Affiliate thereof. The Administrative Collateral Agent shall not be responsible under any obligation to the Administrative Agent, the Posting Agent, any Lender for or any Letter of Credit Issuer to ascertain or to inquire as to the effectivenessobservance or performance of any of the agreements contained in, genuinenessor conditions of, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document Credit Document, or for any representationsto inspect the properties, warranties, recitals books or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance records of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultCredit Party.

Appears in 5 contracts

Samples: Credit Agreement (Energy Future Holdings Corp /TX/), Intercreditor Agreement (Energy Future Intermediate Holding CO LLC), Credit Agreement (Energy Future Intermediate Holding CO LLC)

Exculpatory Provisions. The Administrative Neither any Agent shall not, and no or its Affiliates nor any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative Agent Agents shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, (i) the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, and (ii) the Administrative Agent shall not, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by the person serving as the Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent shall be deemed not to have knowledge of any Default or Event of Default unless and until notice describing such Default or Event of Default is given to the Administrative Agent in writing by the Borrower, a Lender or an Issuing Bank. The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (A) any Lender for the effectivenessstatement, genuineness, validity, enforceability, collectibility warranty or sufficiency of representation made in or in connection with this Agreement or any other Loan Document or for Document, (B) the contents of any representationscertificate, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial report or other statements, instruments, reports, certificates document delivered hereunder or any other documents thereunder or in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to therewith, (C) the performance or observance of any of the termscovenants, conditions, provisions, covenants agreements or agreements contained other terms or conditions set forth herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence occurrence of any Default or Event of Default, (D) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (E) the value or the sufficiency of any Collateral, (F) the satisfaction of any condition set forth in Article 4 or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent, or (G) whether any Lender or Participant is or becomes an Ineligible Institution or otherwise monitoring or enforcing prohibitions on assignments and participations of Loans and Commitments to Ineligible Institutions.

Appears in 5 contracts

Samples: Assignment and Acceptance Agreement (Verso Corp), Agreement and Plan of Merger (Verso Corp), Credit Agreement (Verso Corp)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for its or such person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower Company or of its Subsidiaries or any of its their respective officers contained in this Agreement, in any other Loan Credit Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Credit Document or for any failure of the Borrower Company or any Subsidiary of the Company or any of its their respective officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan DocumentAgreement, or to inspect the properties, books or records of the BorrowerCompany or any of its Subsidiaries. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Credit Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower Company or any of its Subsidiaries to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 5 contracts

Samples: Credit Agreement (Om Group Inc), Credit Agreement (CTB International Corp), Credit Agreement (Safety Components International Inc)

Exculpatory Provisions. The Administrative Neither the Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document Credit Documents (except for its or such Person's own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the a Borrower contained herein or in any of its officers contained in this Agreement, in any the other Loan Document Credit Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection withherewith or in connection with the other Credit Documents, this Agreement or enforceability or sufficiency therefor of any of the other Loan Document Credit Documents, or for any failure of the a Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person a Borrower in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the a Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of a Borrower. The Agent is not a trustee for the Lenders and owes no fiduciary duty to the Lenders.

Appears in 5 contracts

Samples: Credit Agreement (Duke Energy Field Services LLC), Credit Agreement (Duke Energy Field Services Corp), Day Credit Agreement (Duke Energy Field Services LLC)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document Credit Documents (except for its or such Person's own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower contained herein or in any of its officers contained in this Agreement, in any the other Loan Document Credit Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection withherewith or in connection with the other Credit Documents, this Agreement or enforceability or sufficiency therefor of any of the other Loan Document Credit Documents, or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person the Borrower in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of the Borrower. The Administrative Agent is not a trustee for the Lenders and owes no fiduciary duty to the Lenders.

Appears in 4 contracts

Samples: Credit Agreement (Consolidated Natural Gas Co/Va), Credit Agreement (Consolidated Natural Gas Co/Va), Credit Agreement (Dominion Resources Inc /Va/)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for its or such Person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders Banks for any recitals, statements, representations or warranties made by the Borrower or any Subsidiary or any of its their respective officers contained in this Agreement, in any other Loan Credit Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Credit Document or for any failure of the Borrower or any of its Subsidiaries or any of their respective officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender Bank to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan DocumentAgreement, or to inspect the properties, books or records of the BorrowerBorrower or any of its Subsidiaries. The Administrative Agent shall not be responsible to any Lender Bank for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Credit Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders Banks or by or on behalf of the Borrower to the Administrative Agent or any Lender Bank or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 4 contracts

Samples: Credit Agreement (Amerus Life Holdings Inc), Credit Agreement (Amerus Group Co/Ia), Credit Agreement (Superior National Insurance Group Inc)

Exculpatory Provisions. The Administrative Neither the Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document (Credit Documents except for its or such Person's own gross negligencenegligence or willful misconduct, willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its officers the Credit Parties contained in this Agreement, herein or in any of the other Loan Document Credit Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection withherewith or in connection with the other Credit Documents, this Agreement or enforceability or sufficiency herefor of any of the other Loan Document Credit Documents, or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility collectability or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by the Borrower or any other Person Credit Party in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower Credit Parties to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of the Credit Parties.

Appears in 4 contracts

Samples: Credit Agreement (Oshkosh Truck Corp), Credit Agreement (C2 Inc), Credit Agreement (C2 Inc)

Exculpatory Provisions. The Administrative Agent shall notNone of the Agents, and no or their respective Affiliates or any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative any Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative No Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. No Agent shall have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, (a) no Agent or Arranger shall be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, and (b) no Agent shall, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by such Agent or any of its Affiliates in any capacity. The Agents shall be deemed not to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to the Administrative Agent by the Borrower, a Lender or an Issuing Bank. The Administrative No Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any Lender for the effectivenessstatement, genuineness, validity, enforceability, collectibility warranty or sufficiency of representation made in or in connection with this Agreement or any other Loan Document or for Document, (ii) the contents of any representationscertificate, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial report or other statements, instruments, reports, certificates document delivered hereunder or any other documents thereunder or in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to therewith, (iii) the performance or observance of any of the termscovenants, conditions, provisions, covenants agreements or agreements contained other terms or conditions set forth herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence occurrence of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent.

Appears in 4 contracts

Samples: First Lien Credit Agreement (Hostess Brands, Inc.), First Lien Credit Agreement (Hostess Brands, Inc.), First Lien Credit Agreement (Hostess Brands, Inc.)

Exculpatory Provisions. The Administrative Agent shall notNone of the Agents, and no or their respective Affiliates or any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative Agent Agents shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, (a) the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, and (b) the Administrative Agent shall not, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by the person serving as the Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent shall be deemed not to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to the Administrative Agent by the Borrower, a Lender or an Issuing Bank. The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any Lender for the effectivenessstatement, genuineness, validity, enforceability, collectibility warranty or sufficiency of representation made in or in connection with this Agreement or any other Loan Document or for Document, (ii) the contents of any representationscertificate, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial report or other statements, instruments, reports, certificates document delivered hereunder or any other documents thereunder or in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to therewith, (iii) the performance or observance of any of the termscovenants, conditions, provisions, covenants agreements or agreements contained other terms or conditions set forth herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence occurrence of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent.

Appears in 4 contracts

Samples: Asset Based Revolving Credit Agreement (Sun Country Airlines Holdings, Inc.), Credit Agreement (Sun Country Airlines Holdings, Inc.), Asset Based Revolving Credit Agreement (Sun Country Airlines Holdings, Inc.)

Exculpatory Provisions. The Administrative Neither the Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document (Credit Documents except for its or such Person’s own gross negligencenegligence or willful misconduct, willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its officers the Credit Parties contained in this Agreement, herein or in any of the other Loan Document Credit Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection withherewith or in connection with the other Credit Documents, this Agreement or enforceability or sufficiency herefor of any of the other Loan Document Credit Documents, or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility collectability or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by the Borrower or any other Person Credit Party in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower Credit Parties to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of the Credit Parties.

Appears in 4 contracts

Samples: Credit Agreement (Journal Communications Inc), Credit Agreement (Journal Communications Inc), Credit Agreement (Journal Communications Inc)

Exculpatory Provisions. The Administrative Neither any Agent shall not, and no or its Affiliates nor any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative Agent Agents shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, (a) the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, and (b) the Administrative Agent shall not, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by the person serving as the Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent shall be deemed not to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to the Administrative Agent by the Borrower, a Lender or an Issuing Bank. The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any Lender for the effectivenessstatement, genuineness, validity, enforceability, collectibility warranty or sufficiency of representation made in or in connection with this Agreement or any other Loan Document or for Document, (ii) the contents of any representationscertificate, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial report or other statements, instruments, reports, certificates document delivered hereunder or any other documents thereunder or in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to therewith, (iii) the performance or observance of any of the termscovenants, conditions, provisions, covenants agreements or agreements contained other terms or conditions set forth herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence occurrence of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent.

Appears in 4 contracts

Samples: Credit Agreement (Noranda Aluminum Acquisition CORP), Credit Agreement (Momentive Performance Materials Inc.), Credit Agreement (MPM Silicones, LLC)

Exculpatory Provisions. The Administrative No Agent shall notor Other Representative, and no or any of their officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it such Person under or in connection with this Agreement or any other Loan Document (except for its own the gross negligence, negligence or willful misconduct of such Person or bad faithany of its officers, directors, employees, agents, attorneys-in-fact or Affiliates) or (iib) be responsible in any manner to any of the Lenders for (i) any recitals, statements, representations or warranties made by the any Borrower or any of its officers other Loan Party or any officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent or any Other Representative under or in connection with, this Agreement or any other Loan Document Document, (ii) the value, validity, effectiveness, genuineness, enforceability or for sufficiency of this Agreement or any Notes or any other Loan Document, (iii) any failure of the Borrower or any of its officers other Loan Party to perform its obligations hereunder or thereunderunder any other Loan Document, (iv) the performance or observance of any of the terms, provisions or conditions of this Agreement or any other Loan Document, (v) the satisfaction of any of the conditions precedent set forth in Section 6, or (vi) the existence or possible existence of any Default or Event of Default. The Administrative No Agent or Other Representative shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Borrower or any other Loan Document or Party. Each Lender agrees that, except for any representationsnotices, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any reports and other documents in connection herewith or therewith expressly required to be furnished or made to the Lenders by the Administrative Agent to the Lenders hereunder or by or on behalf of the Borrower given to the Administrative Agent for the account of or with copies for the Lenders, the Agents and the Other Representatives shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of any Borrower or any Lender other Loan Party which may come into the possession of the Agents and the Other Representatives or be required to ascertain or inquire as to the performance or observance of any of the termstheir officers, conditionsdirectors, provisionsemployees, covenants agents, attorneys-in-fact or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAffiliates.

Appears in 4 contracts

Samples: Credit Agreement (Veritiv Corp), Intercreditor Agreement (Veritiv Corp), Assumption Agreement (Veritiv Corp)

Exculpatory Provisions. The Administrative No Agent shall notor Other Representative, and no or any of their officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it such Person under or in connection with this Agreement or any other Loan Document (except for its own the gross negligence, negligence or willful misconduct of such Person or bad faithany of its officers, directors, employees, agents, attorneys-in-fact or Affiliates) or (iib) be responsible in any manner to any of the Lenders for (i) any recitals, statements, representations or warranties made by the any Borrower or any of its officers other Loan Party or any officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent or any Other Representative under or in connection with, this Agreement or any other Loan Document Document, (ii) the value, validity, effectiveness, genuineness, enforceability or for sufficiency of this Agreement or any Notes or any other Loan Document, (iii) any failure of the Borrower or any of its officers other Loan Party to perform its obligations hereunder or thereunderunder any other Loan Document, (iv) the performance or observance of any of the terms, provisions or conditions of this Agreement or any other Loan Document, (v) the satisfaction of any of the conditions precedent set forth in Section 6, or (vi) the existence or possible existence of any Default or Event of Default. The Administrative No Agent or Other Representative shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Borrower or any other Loan Document or Party. Each Lender agrees that, except for any representationsnotices, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any reports and other documents in connection herewith or therewith expressly required to be furnished or made to the Lenders by the Administrative Agent to or the Lenders Canadian Agent hereunder or by or on behalf of the Borrower given to the Administrative Agent or the Canadian Agent for the account of or with copies for the Lenders, the Agents and the Other Representatives shall not have any duty or responsibility to provide any Lender with any credit or be required to ascertain other information concerning the business, operations, property, condition (financial or inquire as to the performance otherwise), prospects or observance creditworthiness of any Borrower or any other Loan Party which may come into the possession of the termsAgents and the Other Representatives or any of their officers, conditionsdirectors, provisionsemployees, covenants agents, attorneys-in-fact or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAffiliates.

Appears in 4 contracts

Samples: Credit Agreement (Hd Supply, Inc.), Credit Agreement (Hd Supply, Inc.), Abl Credit Agreement (Hd Supply, Inc.)

Exculpatory Provisions. The Administrative Neither Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document Note or the Guaranty Agreement (except for its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its officers Borrower’s Subsidiaries or any office thereof contained in this Agreement, in Agreement or any other Loan Document Note or the Guaranty Agreement or in any certificate, certificate report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document Note or the Guaranty Agreement or for the value, effectiveness, genuineness, enforceability or sufficiency of this Agreement, the Note Guaranty Agreement, or for any failure of the Borrower or any of its officers to perform Borrower’s Subsidiaries its obligations hereunder or thereunder. The Administrative Agent shall not be under any no obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement Agreement, the Notes, or any other Loan Documentthe Guaranty Agreement, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Borrower or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultBorrower’s Subsidiaries.

Appears in 4 contracts

Samples: Credit Agreement (M I Homes Inc), Credit Agreement (M I Homes Inc), Credit Agreement (M I Homes Inc)

Exculpatory Provisions. The Administrative Neither any applicable Lender Agent shall notnor any of its directors, and no officers, directors, employees, agents, attorneys-in-fact agents or affiliates of the Administrative Agent, employees shall be (i) be liable for any action lawfully taken or omitted to be taken by it or them under or in connection with this Agreement or any other Loan Transaction Document (except for its its, their or such Person’s own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders its related Lender for any recitals, statements, representations or warranties made by the Borrower or any of its officers the Servicer contained in this AgreementArticle IV, in any other Loan Transaction Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Transaction Document, or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement, any other Transaction Document or any other document furnished in connection herewith or therewith, or for any failure of the Borrower or any of its officers the Servicer to perform its obligations hereunder or thereunder, or for the satisfaction of any condition specified in this Agreement, or for the perfection, priority, condition, value or sufficiency of any collateral pledged in connection herewith. The Administrative Such Lender Agent shall not be under any obligation to any its related Lender to ascertain or to inquire as to the observance or performance of any of the agreements or covenants contained in, or conditions of, this Agreement or any other Loan Transaction Document, or to inspect the properties, books or records of the BorrowerBorrower or the Servicer. The Administrative Such Lender Agent shall not be responsible deemed to have knowledge of any Termination Event or Unmatured Termination Event unless such Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of has received notice from the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Defaultits related Lender.

Appears in 4 contracts

Samples: Loan Funding and Servicing Agreement (American Capital Strategies LTD), Loan Funding and Servicing Agreement (American Capital, LTD), Funding and Servicing Agreement (American Capital Strategies LTD)

Exculpatory Provisions. The Administrative Neither any Agent or its Affiliates nor any of their respective Related Parties shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative Agent Agents shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the Borrowerother Loan Documents. Without limiting the generality of the foregoing, (x) the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, and (y) the Administrative Agent shall not, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to Holdings, any Borrower or any of its respective Affiliates that is communicated to or obtained by the person serving as the Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any Lender for the effectivenessstatement, genuineness, validity, enforceability, collectibility warranty or sufficiency of representation made in or in connection with this Agreement or any other Loan Document or for Document, (ii) the contents of any representationscertificate, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial report or other statements, instruments, reports, certificates document delivered hereunder or any other documents thereunder or in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to therewith, (iii) the performance or observance of any of the termscovenants, conditions, provisions, covenants agreements or agreements contained other terms or conditions set forth herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence occurrence of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent.

Appears in 3 contracts

Samples: Amendment Agreement (Hexion Inc.), Asset Based Revolving Credit Agreement (Hexion Inc.), Amendment Agreement (Hexion Inc.)

Exculpatory Provisions. The Administrative Agent shall not, and no None of the Agents or any Other Representative nor any of their officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it such Person under or in connection with this Agreement or any other Loan Document (except for its own the gross negligence, negligence or willful misconduct of such Person or bad faithany of its officers, directors, employees, agents, attorneys-in-fact or Affiliates as determined by a court of competent jurisdiction in a final and non-appealable judgment) or (iib) be responsible in any manner to any of the Lenders for (i) any recitals, statements, representations or warranties made by Holdings, the Parent Borrower or any of its officers other Loan Party or any officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents or any Other Representative under or in connection with, this Agreement or any other Loan Document Document, (ii) for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any Notes or any other Loan Document, (iii) for any failure of Holdings, the Parent Borrower or any of its officers other Loan Party to perform its obligations hereunder or thereunderunder any other Loan Document, (iv) the performance or observance of any of the terms, provisions or conditions of this Agreement or any other Loan Document, (v) the satisfaction of any of the conditions precedent set forth in Section 6, or (vi) the existence or possible existence of any Default or Event of Default. The Administrative Agent Neither the Agents nor any Other Representative shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of Holdings, the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Parent Borrower or any other Loan Document Party. Each Lender agrees that, except for notices, reports and other documents expressly required to be furnished to the Lenders by the Agents hereunder or given to the Agents for the account of or with copies for the Lenders, the Agents and the Other Representatives shall not have any representationsduty or responsibility to provide any Lender with any credit or other information concerning the business, warrantiesoperations, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any property, condition (financial or other statementsotherwise), instrumentsprospects or creditworthiness of Holdings, reports, certificates any Borrower or any other documents in connection herewith or therewith furnished or made by Loan Party which may come into the Administrative Agent to the Lenders or by or on behalf possession of the Borrower to Agents and the Administrative Agent Other Representatives or any Lender of their officers, directors, employees, agents, attorneys-in-fact or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAffiliates.

Appears in 3 contracts

Samples: Credit Agreement (Hertz Corp), Credit Agreement (Hertz Corp), Credit Agreement (Hertz Global Holdings, Inc)

Exculpatory Provisions. The Administrative Agent shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates None of the Administrative Agent, -Related Persons shall be (i) be liable for any action lawfully taken or omitted to be taken by it any of them under or in connection with this Agreement or any other Loan Document or the transactions contemplated hereby (except for its to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from such Person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent any Agent-Related Person under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party to perform its obligations hereunder or thereunder. The Administrative Agent No Agent-Related Person shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrowerany Loan Party. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf maintain a record of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds principal amount of the Loans or and L/C Obligations from time to time outstanding and the respective amounts thereof owing to each Lender. Any records maintained by any Agent-Related Person setting forth the names and addresses of the existence or possible existence Lenders and the Commitments of, and the principal amount of any Default or Event the Loans owing to, each Lender from time to time shall be conclusive, in the absence of Defaultmanifest error.

Appears in 3 contracts

Samples: Security Agreement (General Automation Inc/Il), Credit Agreement (Packard Bioscience Co), Credit Agreement (Packard Bioscience Co)

Exculpatory Provisions. The Administrative Neither any Agent shall not, and no nor any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders or the Issuing Lender for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunderthereunder or for the satisfaction of any condition set forth in Article 6 or elsewhere in any Loan Document, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent. The Administrative Agent Agents shall not be under any obligation to any Lender or the Issuing Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrowerany Loan Party. The Administrative No Agent shall not be responsible required to take any action that, in its opinion or the opinion of its counsel, may expose such Agent to liability or that is contrary to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or applicable law, including for the avoidance of doubt any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person action that may be in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf violation of the Borrower to the Administrative Agent automatic stay under any Debtor Relief Law or any that may effect a forfeiture, modification or termination of property of a Defaulting Lender or be required to ascertain or inquire as to the performance or observance in violation of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultDebtor Relief Law.

Appears in 3 contracts

Samples: Credit Agreement (Roundy's, Inc.), Credit Agreement (Roundy's, Inc.), Credit Agreement (Roundy's, Inc.)

Exculpatory Provisions. The None of the Administrative Agent shall not, and no or any Other Representative nor any of their officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it such Person under or in connection with this Agreement or any other Loan Document (except for its own the gross negligence, negligence or willful misconduct of such Person or bad faithany of its officers, directors, employees, agents, attorneys-in-fact or Affiliates) or (iib) be responsible in any manner to any of the Lenders for (i) any recitals, statements, representations or warranties made by the Borrower or any of its officers other Loan Party or any officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent or any Other Representative under or in connection with, this Agreement or any other Loan Document Document, (ii) for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any Notes or any other Loan Document, (iii) for any failure of the Borrower or any of its officers other Loan Party to perform its obligations hereunder or thereunderunder any other Loan Document, (iv) the performance or observance of any of the terms, provisions or conditions of this Agreement or any other Loan Document, (v) the satisfaction of any of the conditions precedent set forth in Article V, or (vi) the existence or possible existence of any Default or Event of Default. The Neither the Administrative Agent nor any Other Representative shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Borrower or any other Loan Document or Party. Each Lender agrees that, except for any representationsnotices, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any reports and other documents in connection herewith or therewith expressly required to be furnished or made to the Lenders by the Administrative Agent to the Lenders hereunder or by or on behalf of the Borrower given to the Administrative Agent for the account of or with copies for the Lenders, the Administrative Agent and the Other Representatives shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of the Borrower or any Lender other Loan Party which may come into the possession of the Administrative Agent and the Other Representatives or be required to ascertain or inquire as to the performance or observance of any of the termstheir officers, conditionsdirectors, provisionsemployees, covenants agents, attorneys-in-fact or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAffiliates.

Appears in 3 contracts

Samples: Investment Agreement (Nci Building Systems Inc), Credit Agreement (Nci Building Systems Inc), Credit Agreement (Nci Building Systems Inc)

Exculpatory Provisions. The Administrative Agent shall not, and no None of the Agents nor any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for its or such Person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders Banks for any recitals, statements, representations or warranties made by the Borrower Company, any Subsidiary of the Company or any of its their respective officers contained in this Agreement, in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative such Agent under or in connection with, this Agreement or any other Loan Document or for any failure of the Borrower Company or any Subsidiary of the Company or any of its their respective officers to perform its obligations hereunder or thereunder. The Administrative No Agent shall not be under any obligation to any Lender Bank to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan DocumentAgreement, or to inspect the properties, books or records of the BorrowerCompany or any Subsidiary of the Company. The Administrative No Agent shall not be responsible to any Lender Bank for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Credit Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative such Agent to the Lenders Banks or by or on behalf of the any Borrower to the Administrative such Agent or any Lender Bank or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (MMH Holdings Inc), Credit Agreement (MMH Holdings Inc), Credit Agreement (Morris Material Handling Inc)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document Credit Documents (except for its or such Person's own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower contained herein or in any of its officers contained in this Agreement, in any the other Loan Document Credit Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection withherewith or in connection with the other Credit Documents, this Agreement or enforceability or sufficiency therefor of any of the other Loan Document Credit Documents, or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person the Borrower in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of the Borrower. The Administrative Agent is not a trustee for the Lenders and owes no fiduciary duty to the Lenders. None of the Lenders identified on the facing page or signature pages of this Agreement as "Syndication Agent" or "Co-Documentation Agent" shall have any right, power, obligation, liability, responsibility or duty under this Agreement other than those applicable to all Lenders as such, nor shall they have or be deemed to have any fiduciary relationship with any Lender.

Appears in 3 contracts

Samples: Credit Agreement (Consolidated Natural Gas Co/Va), Credit Agreement (Consolidated Natural Gas Co/Va), Credit Agreement (Dominion Resources Inc /Va/)

Exculpatory Provisions. The Administrative Neither any Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders for for, or have any duty to ascertain or inquire into, any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. Without limiting the Borrower. The Administrative generality of the foregoing, the Agent shall not be responsible for or have any duty to any Lender for ascertain or inquire into (i) the effectiveness, genuineness, validity, enforceability, collectibility effectiveness or sufficiency genuineness of this Agreement or any other Loan Document agreement, instrument or for document, or the creation, perfection or priority of any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made Lien purported to be created by the Administrative Agent to Security Documents or (ii) the Lenders value or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance sufficiency of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultCollateral.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Nuance Communications, Inc.), Revolving Credit Agreement (Nuance Communications, Inc.), Revolving Credit Agreement (Nuance Communications, Inc.)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with the Base Indenture or this Agreement or any other Loan Document Indenture Supplement (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders Non-Conduit Purchasers, the CP Conduit Purchasers, the APA Banks or the Funding Agents for any recitals, statements, representations or warranties made by the Borrower Issuer, the Administrator or any of its officers officer thereof contained in this Agreement, in Indenture Supplement or any other Loan Transaction Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement Indenture Supplement or any other Transaction Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Indenture Supplement, any other Transaction Document, the Loan Document Note, the SUBI Certificates, the Sold Units or the Fleet Receivables or for any failure of the Borrower or any of its officers the Issuer, the Administrator, SPV, Holdings, the Origination Trust or the Servicer to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender Non-Conduit Purchaser, any CP Conduit Purchaser, any APA Bank or any Funding Agent to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or Indenture Supplement, any other Loan Transaction Document, the Loan Note, the SUBI Certificates, the Sold Units or the Fleet Receivables or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for Issuer, the effectivenessAdministrator, genuinenessSPV, validityHoldings, enforceability, collectibility the Origination Trust or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultServicer.

Appears in 3 contracts

Samples: Master Agreement (PHH Corp), Purchase and Sale (PHH Corp), Master Agreement (PHH Corp)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. Without limiting the Borrower. The foregoing, the Administrative Agent shall not be responsible or have any liability for, or have any duty to ascertain, inquire into, monitor or enforce compliance with the provisions hereof relating to Disqualified Lenders and, without limiting the foregoing, the Administrative Agent shall not (x) be obligated to ascertain, monitor or inquire as to whether any Lender or Participant or prospective Lender or Participant is a Disqualified Lender or (y) have any liability with respect to or arising out of any assignment or participation of Loans, or disclosure of confidential information, to any Lender for the effectivenessDisqualified Lender, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements in each case made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultLender.

Appears in 3 contracts

Samples: Credit Agreement (Conmed Corp), Credit Agreement (Conmed Corp), Credit Agreement (Conmed Corp)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrowerany Loan Party. The Administrative Agent shall not be responsible or have any liability for, or have any duty to any Lender for ascertain, inquire into, monitor or enforce, compliance with the effectivenessprovisions hereof relating to Disqualified Institutions. Without limiting the generality of the foregoing, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent shall not (x) be obligated to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain ascertain, monitor or inquire as to the performance whether any Lender or observance Participant or prospective Lender or Participant is a Disqualified Institution or (y) have any liability with respect to or arising out of any assignment or participation of the termsLoans, conditionsor disclosure of confidential information, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultDisqualified Institution.

Appears in 3 contracts

Samples: Credit Agreement (National CineMedia, Inc.), Credit Agreement (National CineMedia, Inc.), Credit Agreement (National CineMedia, Inc.)

Exculpatory Provisions. The Administrative Agent shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall (i) be liable for any action lawfully taken or omitted to be taken by it under or in connection with this Agreement or any other Loan Document (except for its own gross negligence, willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its officers contained in this Agreement, in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans advances or of the existence or possible existence of any Default or Event of Default.

Appears in 3 contracts

Samples: Credit Agreement (LG&E & KU Energy LLC), Letter of Credit Agreement (PPL Corp), Amendment and Restatement Agreement (LG&E & KU Energy LLC)

Exculpatory Provisions. The Administrative No Arranger, Manager, Agent, Initial Lending Institution (with respect to the Initial Lending Institution Provisions), Managing Agent shall not, and no nor any of their respective officers, directors, partners, employees, agents, attorneys and other advisors, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable to any other Arranger, Manager, Agent, Initial Lending Institution or Managing Agent for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted solely and proximately from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithin breach of a duty owed to the party asserting liability) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Person or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Arrangers, the Managers, the Agents, the Managing Agents or, with respect to the Initial Lending Institution Provisions, the Initial Lending Institutions under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Person party thereto to perform its obligations hereunder or thereunder. The Administrative Agent Neither the Agents, the Managers, the Arrangers, the Managing Agents nor the Initial Lending Institutions (with respect to the Initial Lending Institution Provisions) shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultPerson.

Appears in 3 contracts

Samples: Credit Agreement (Wynn Resorts LTD), Intercreditor Agreement (Wynn Las Vegas LLC), Credit Agreement (Wynn Resorts LTD)

Exculpatory Provisions. The Administrative Agents shall not have any duties or obligations except those expressly set forth in the Loan Documents. No Agent shall not, and no or any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document or any certificate, report, statement or other document referred to or provided for in, or received by the Agents under or in connection with, this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligence, willful misconduct misconduct, bad faith or bad faithmaterial breach of the Loan Documents but in no event, to include any liability for special, indirect, consequential or punitive damages) or (ii) be responsible in any manner to any of the Lenders or the Borrower for (or have any duty to ascertain or acquire into) any recitals, statements, information, representations or warranties made by the Borrower any Obligor, any officer thereof or any of its officers Lender contained in this Agreement, in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Obligor a party thereto to perform its obligations hereunder or thereunderthereunder or the genuineness, enforceability, collectability, value, sufficiency, location or existence of any Collateral, or the validity, extent, perfection or priority of any Lien therein; the validity, enforceability or collectability of any Secured Obligations; or the assets, liabilities, financial condition, results of operations, business, creditworthiness or legal status of any Obligor. The Agents shall not (x) be subject to any fiduciary or other implied duties regardless of whether a Default or Event of Default has occurred and is continuing and (y) except as expressly set forth in the Loan Documents, have any duty to disclose, nor shall it be liable for the failure to disclose, any information relating to Holdings, the Borrower or any Subsidiary that is communicated to or obtained by the bank serving as Administrative Agent or any of its affiliates in any capacity. The Agents shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultObligor.

Appears in 3 contracts

Samples: Term Loan Agreement (Milacron Holdings Corp.), Term Loan Agreement (Milacron Holdings Corp.), Term Loan Agreement (Milacron Holdings Corp.)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact attorneys‑in‑fact or affiliates of the Administrative Agent, Affiliates shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with the Base Indenture, this Agreement Supplement or any other Loan Related Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders Non-Conduit Purchasers, the CP Conduit Purchasers, the APA Banks or the Funding Agents for any recitals, statements, representations or warranties made by ABRCF, the Borrower Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrator or any of its officers officer thereof contained in this Agreement, in Supplement or any other Loan Related Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement Supplement or any other Loan Related Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Supplement, any other Related Document, or for any failure of the Borrower or any of its officers ABRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary or the Administrator to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender Non-Conduit Purchaser, any CP Conduit Purchaser, any APA Bank or any Funding Agent to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or Supplement, any other Loan Document, Related Document or to inspect the properties, books or records of ABRCF, the Borrower. The Administrative Agent shall not be responsible to any Lender for Lessors, the effectivenessLessees, genuinenessthe Permitted Sublessees, validity, enforceability, collectibility the Intermediary or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAdministrator.

Appears in 3 contracts

Samples: Avis Budget Group, Inc., Avis Budget Group, Inc., Avis Budget Group, Inc.

Exculpatory Provisions. The Administrative Neither any Agent shall not, and no nor any of their respective officers, directors, employees, agents, attorneys-in-attorneys in fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Credit Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders or any other Secured Party for any recitals, statements, representations or warranties made by the Borrower any Credit Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Credit Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Credit Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Credit Document or for any failure of the Borrower any Credit Party or any of its officers other Person to perform its obligations hereunder or thereunder. None of the Agents shall be required to take any action that, in its reasonable opinion or the reasonable opinion of its counsel, may expose such Agent to liability or that is contrary to any Credit Document or applicable law, including for the avoidance of doubt any action that may be in violation of the automatic stay under any bankruptcy or insolvency law or other similar law or that may effectuate a forfeiture, modification or termination of property of a Defaulting Lender in violation of any bankruptcy or insolvency law or other similar law. The Administrative Agent Agents shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Credit Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultCredit Party.

Appears in 3 contracts

Samples: Credit Agreement (Rubrik, Inc.), Credit Agreement (Rubrik, Inc.), Credit Agreement (Rubrik, Inc.)

Exculpatory Provisions. The Administrative Agent No Agent-Related Person shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it under or in connection herewith or in connection with this Agreement or any of the other Loan Document Credit Documents (except for its such Person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its officers the Credit Parties contained in this Agreement, herein or in any of the other Loan Document Credit Documents or in any certificate, report, document, financial statement or other document written or oral statement referred to or provided for in, or received by the Administrative Agent an Agent-Related Person under or in connection withherewith or in connection with the other Credit Documents, or the enforceability or sufficiency of this Credit Agreement or any of the other Loan Document Credit Documents, or for any failure of the Borrower or any of its officers Credit Parties to perform its their obligations hereunder or thereunder. The Administrative Agent No Agent-Related Person shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person the Credit Parties in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent an Agent-Related Person to the Lenders or by or on behalf of the Borrower Credit Parties to the Administrative Agent an Agent-Related Person or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of the Credit Parties. No Agent-Related Person is a trustee for the Lenders or owes any fiduciary duty to the Lenders.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Brandywine Operating Partnership Lp /Pa), Term Loan Credit Agreement (Brandywine Operating Partnership Lp /Pa), Term Loan Credit Agreement (Brandywine Realty Trust)

Exculpatory Provisions. The Administrative Neither the Global Agent nor any of its Related Parties shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for its or such Related Parties’ own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower Parent, the Borrowers or any of its their Subsidiaries or any of their respective officers contained in this Agreement, in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Global Agent under or in connection with, this Agreement or any other Loan Document or for any failure of the Parent, any Borrower or any Subsidiary of its the Borrowers or any of their respective officers to perform its obligations hereunder or thereunder. The Administrative Global Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan DocumentAgreement, or to inspect the properties, books or records of the Parent, any Borrower or any Subsidiary of any Borrower. The Administrative Global Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Global Agent to the Lenders or by or on behalf of the Borrower Parent, the Borrowers or any of their Subsidiaries to the Administrative Global Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 3 contracts

Samples: Credit Agreement (Abercrombie & Fitch Co /De/), Credit Agreement (Abercrombie & Fitch Co /De/), Credit Agreement (Abercrombie & Fitch Co /De/)

Exculpatory Provisions. The None of the Administrative Agent shall not, and no or any Other Representative nor any of their officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it such Person under or in connection with this Agreement or any other Loan Document (except for its own the gross negligence, negligence or willful misconduct of such Person or bad faithany of its officers, directors, employees, agents, attorneys-in-fact or Affiliates) or (iib) be responsible in any manner to any of the Lenders for (i) any recitals, statements, representations or warranties made by the any Borrower or any of its officers other Loan Party or any officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent or any Other Representative under or in connection with, this Agreement or any other Loan Document Document, (ii) the value, validity, effectiveness, genuineness, enforceability or for sufficiency of this Agreement or any Notes or any other Loan Document, (iii) any failure of the any Borrower or any of its officers other Loan Party to perform its obligations hereunder or thereunderunder any other Loan Document, (iv) the performance or observance of any of the terms, provisions or conditions of this Agreement or any other Loan Document, (v) the satisfaction of any of the conditions precedent set forth in Section 6, or (vi) the existence or possible existence of any Default or Event of Default. The Neither the Administrative Agent nor any Other Representative shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Borrower or any other Loan Document or Party. Each Lender agrees that, except for any representationsnotices, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any reports and other documents in connection herewith or therewith expressly required to be furnished or made to the Lenders by the Administrative Agent to the Lenders hereunder or by or on behalf of the Borrower given to the Administrative Agent for the account of or with copies for the Lenders, the Administrative Agent and the Other Representatives shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of any Borrower or any Lender other Loan Party which may come into the possession of the Administrative Agent and the Other Representatives or be required to ascertain or inquire as to the performance or observance of any of the termstheir officers, conditionsdirectors, provisionsemployees, covenants agents, attorneys-in-fact or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAffiliates.

Appears in 3 contracts

Samples: Credit Agreement (Us Foods, Inc.), Revolving Credit Agreement (Great North Imports, LLC), Pooling Agreement (Great North Imports, LLC)

Exculpatory Provisions. The Neither the Managing Facility Agent, each Administrative Agent shall notAgent, and no nor any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Purchase Document (except for its or such Person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders Purchasers for any recitals, statements, representations or warranties made by the Borrower Seller, the Servicer or Raytheon or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Purchase Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Managing Facility Agent or either Administrative Agent under or in connection with, this Agreement or any other Loan Purchase Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Purchase Document or for any failure of the Borrower Seller, the Servicer or any of its officers Raytheon to perform its their respective obligations hereunder or thereunder. The Managing Facility Agent and each Administrative Agent shall not be under any obligation to any Lender Purchaser to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions ofof (except delivery to it of items required by Section 5 hereof to be delivered to it), this Agreement or any other Loan Purchase Document, or to inspect the properties, books or records of the BorrowerSeller, the Servicer or Raytheon. The Without limiting the foregoing, the Old Administrative Agent shall not be responsible have any liability for (i) any action, or omission to any Lender for act, which is made in accordance with the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf instructions of the Borrower to the Administrative Managing Facility Agent or (ii) the failure to act if it has not received any Lender or be required to ascertain or inquire as to instructions from the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultManaging Facility Agent.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Raytheon Co/), Purchase and Sale Agreement (Raytheon Co/), Purchase and Sale Agreement (Raytheon Co/)

Exculpatory Provisions. The Administrative Agent shall notNone of the Agents, and no or their respective Affiliates or any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative any Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative No Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. No Agent shall have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, (a) no Agent shall be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, and (b) no Agent shall, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by such Agent or any of its Affiliates in any capacity. The Agents shall be deemed not to have knowledge of any Default or Event of Default unless and until written notice describing such Default or Event of Default is given to the Administrative Agent and the Collateral Agent by the Borrower, a Lender or an Issuing Bank. The Administrative No Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any Lender for the effectivenessstatement, genuineness, validity, enforceability, collectibility warranty or sufficiency of representation made in or in connection with this Agreement or any other Loan Document Document, (ii) the contents or for accuracy of any representationscertificate, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial report or other statements, instruments, reports, certificates document delivered hereunder or any other documents thereunder or in connection herewith or therewith furnished (including recalculating or made by the Administrative Agent to the Lenders determining, confirming or by verifying any calculation or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to information set forth therein), (iii) the performance or observance of any of the termscovenants, conditions, provisions, covenants agreements or agreements contained other terms or conditions set forth herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence occurrence of any Default or Event of Default, (iv) the legality, validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the properties, books or records of the Borrower or any Subsidiary, (vi) the value or the sufficiency of any Collateral, or (vii) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent or the Collateral Agent, as applicable. No Cash Management Bank or Hedge Bank that obtains the benefits of Section 7.02, any Guarantee or any Collateral by virtue of the provisions hereof or of any Guarantee or any Security Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be. No Agent shall be required to expend or risk any of its own funds or otherwise incur any liability, financial or otherwise, in the performance of any of its duties hereunder or under any Loan Document to which it is a party, or be required to take any action that is contrary to this Agreement or applicable Law. No Agent shall incur any liability for not performing any act or fulfilling any duty, obligation or responsibility hereunder by reason of any occurrence beyond the control of an Agent (including but not limited to any act or provision of any present or future law or regulation or governmental authority, any act of God or war, civil unrest, local or national disturbance or disaster, any act of terrorism, or the unavailability of the Federal Reserve Bank wire or facsimile or other wire or communication facility). The authorizations, rights, privileges, protections and benefits given to an Agent are extended to, and shall be enforceable by, each Agent, under any Loan Document to which it is a party. In the event any claim of inconsistency between this Agreement and the terms of any other Loan Document arises with respect to the duties, liabilities and rights of the Agents, the terms of this Agreement shall control. The Collateral Agent shall not be responsible for the existence, genuineness or value of any of the Collateral or for the validity, perfection, priority or enforceability of the Liens in any of the Collateral, whether impaired by operation of law or by reason of any action or omission to act on its part hereunder for the validity or sufficiency of the Collateral or any agreement or assignment contained therein, for insuring the Collateral or for the payment of Taxes, charges, assessments or Liens upon the Collateral or otherwise as to the maintenance of the Collateral. The Collateral Agent shall have the right (but not the duty or obligation) to see to any recording, filing or depositing of any financing statement, financing statement amendment or continuation statement evidencing a security interest, or to see to the maintenance of any such recordings or filing or depositing or to any rerecording, refiling or redepositing of any thereof. The Collateral Agent shall not have any duty to see to the payment or discharge of any tax, assessment or other governmental charge or any lien or encumbrance of any kind.

Appears in 3 contracts

Samples: Incremental Assumption and Amendment Agreement (Rackspace Technology, Inc.), Incremental Assumption and Amendment Agreement (Rackspace Technology, Inc.), First Lien Credit Agreement (Rackspace Technology, Inc.)

Exculpatory Provisions. The Neither the Administrative Agent nor any of its Related Parties shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for its or such Related Parties’ own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its Subsidiaries or any of their respective officers contained in this Agreement, in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for any failure of the Borrower or any Subsidiary of its the Borrower or any of their respective officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan DocumentDocument (other than confirming delivery of items expressly required to be delivered to the Administrative Agent by the terms of the Loan Documents), or to inspect the properties, books or records of the Borrower or any Subsidiary of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower or any of its Subsidiaries to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default. Neither the Collateral Agent nor the Administrative Agent shall be responsible for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of the Collateral Agent’s Lien thereon, or any certificate prepared by any Credit Party in connection therewith, nor shall the Collateral Agent or the Administrative Agent be responsible or liable to the Creditors for any failure to monitor or maintain any portion of the Collateral.

Appears in 3 contracts

Samples: Credit Agreement (Circor International Inc), Credit Agreement (Circor International Inc), Credit Agreement (Circor International Inc)

Exculpatory Provisions. The Administrative Agent shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates None of the Administrative Agent, the Managing Agents, or any of their respective directors, officers, agents or employees shall be (i) be liable for any action lawfully taken or omitted to be taken by it or them under or in connection with this Agreement or any other Loan Transaction Document (except for its its, their or such Person’s own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders Purchasers for any recitals, statements, representations or warranties made by the Borrower or any of its officers Seller Party contained in this Agreement, in any other Loan Transaction Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement Agreement, or any other Loan Transaction Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement, or any other Transaction Document or any other document furnished in connection herewith or therewith, or for any failure of the Borrower or any of its officers Seller Party to perform its obligations hereunder or thereunder, or for the satisfaction of any condition specified in Article VI, or for the perfection, priority, condition, value or sufficiency of any collateral pledged in connection herewith. The Neither the Administrative Agent nor any Managing Agent shall not be under any obligation to any Lender Purchaser to ascertain or to inquire as to the observance or performance of any of the agreements or covenants contained in, or conditions of, this Agreement or any other Loan Transaction Document, or to inspect the properties, books or records of the BorrowerSeller Parties. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by Neither the Administrative Agent nor any Managing Agent shall be deemed to the Lenders have knowledge of any Amortization Event or by or on behalf of the Borrower to Potential Amortization Event unless the Administrative Agent or such Managing Agent, as applicable, has received notice of such Amortization Event or Potential Amortization Event from the Seller or a Purchaser. No Managing Agent shall have any Lender or be required responsibility hereunder to ascertain or inquire as to any Purchaser other than the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultPurchasers in its Purchaser Group.

Appears in 3 contracts

Samples: Securitization Property Servicing Agreement (Consumers Energy Co), Securitization Property Servicing Agreement (Consumers Energy Co), Receivables Purchase Agreement (CMS Energy Corp)

Exculpatory Provisions. The Administrative Each Funding Agent shall not, and no any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall not be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with the Base Indenture or this Agreement or any other Loan Document Indenture Supplement (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders CP Conduit Purchasers and/or APA Banks for any recitals, statements, representations or warranties made by the Borrower Issuer, the Administrator, the Administrative Agent, or any of its officers officer thereof contained in this Agreement, in Indenture Supplement or any other Loan Transaction Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative such Funding Agent under or in connection with, this Agreement Indenture Supplement or any other Loan Transaction Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Indenture Supplement, any other Transaction Document, or for any failure of the Borrower or any of its officers the Issuer, the Administrator, SPV, Holdings, the Origination Trust, the Servicer or the Administrative Agent to perform its obligations hereunder or thereunder. The Administrative Each Funding Agent shall not be under any obligation to the CP Conduit Purchaser or any Lender APA Bank in its CP Conduit Purchaser Group to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or Indenture Supplement, any other Loan Transaction Document, the Loan Note, the SUBI Certificates, the Sold Units or the Fleet Receivables or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for Issuer, the effectivenessAdministrator, genuinenessSPV, validityHoldings, enforceabilitythe Origination Trust, collectibility the Servicer or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAgent.

Appears in 3 contracts

Samples: Master Agreement (PHH Corp), Purchase and Sale (PHH Corp), Master Agreement (PHH Corp)

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Exculpatory Provisions. The Administrative Agent shall not, ---------------------- and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall (i) be liable for any action lawfully taken or omitted to be taken by it under or in connection with this Agreement or any other Loan Document (except for its own gross negligence, willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its officers contained in this Agreement, in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 2 contracts

Samples: Credit Agreement (PPL Corp), Day Credit Agreement (PPL Corp)

Exculpatory Provisions. The Administrative Neither the Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement Agreement, the Mortgages or any other Loan Document Restructuring Documents (except for its or such Person's own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders Banks for any recitals, statements, representations or warranties made by the Borrower Partnership, Xxxxxx, the Partners, or any Affiliate of its officers any of the foregoing entities (collectively, the "Partnership Group")) or any officer thereof contained in this Agreement, in the Mortgages or any other Loan Restructuring Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement Agreement, the Mortgages or any other Loan Restructuring Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement, the Mortgages or any other Restructuring Document or for any failure of any member of the Borrower or any of its officers Partnership Group to perform its obligations hereunder under this Agreement, the Mortgages or thereunderany other Restructuring Document or Partnership Document. The Administrative Agent shall not be under any obligation to any Lender Bank to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement Agreement, the Mortgages or any other Loan Restructuring Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf member of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultPartnership Group.

Appears in 2 contracts

Samples: Master Loan Restructuring Agreement (Atwood Oceanics Inc), Master Loan Restructuring Agreement (Atwood Oceanics Inc)

Exculpatory Provisions. The Administrative Agent shall notnot have any duties or obligations except those expressly set forth herein and in the other Transaction Documents, and no its duties hereunder shall be administrative in nature. No Note Agent (acting in such capacity) nor any of its directors, officers, directors, employees, agents, attorneys-in-fact agents or affiliates of the Administrative Agent, employees shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or them or any Person described in Section 14.2 under or in connection with this Agreement or any the other Loan Document Transaction Documents (except except, solely with respect to liability to the Borrower, for its its, their or such Person’s own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (iib) be responsible in any manner to any of the Lenders Person for any recitals, statements, representations or warranties made by the Borrower or of any of its officers Person (other than itself) contained in this Agreement, in any other Loan Document the Transaction Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement the Transaction Documents or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of the Transaction Documents or any other Loan Document document furnished in connection therewith or herewith, or for any failure of the Borrower any Person (other than itself or any of its officers directors, officers, agents or employees) to perform its obligations hereunder under any Transaction Document or thereunderfor the satisfaction of any condition specified in a Transaction Document. The Administrative Except as otherwise expressly provided in this Agreement, no Note Agent shall not be under any obligation to any Lender Person to ascertain or to inquire as to the observance or performance of any of the agreements or covenants contained in, or conditions of, this Agreement or any other Loan Documentthe Transaction Documents, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for Borrower or the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultServicer.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (Ares Strategic Income Fund), Loan and Servicing Agreement (Blackstone Private Credit Fund)

Exculpatory Provisions. The None of the Administrative Agent shall not, and no or any Other Representative nor any of their officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it such Person under or in connection with this Agreement or any other Loan Document (except for its own the gross negligence, negligence or willful misconduct of such Person or bad faithany of its officers, directors, employees, agents, attorneys-in-fact or Affiliates) or (iib) be responsible in any manner to any of the Lenders for (i) any recitals, statements, representations or warranties made by the Holding, any Borrower or any of its officers other Loan Party or any officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent or any Other Representative under or in connection with, this Agreement or any other Loan Document Document, (ii) for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any Notes or any other Loan Document, (iii) for any failure of the Holding, any Borrower or any of its officers other Loan Party to perform its obligations hereunder or thereunderunder any other Loan Document, (iv) the performance or observance of any of the terms, provisions or conditions of this Agreement or any other Loan Document, (v) the satisfaction of any of the conditions precedent set forth in Section 6, or (vi) the existence or possible existence of any Default or Event of Default. The Neither the Administrative Agent nor any Other Representative shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to Holding, any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Borrower or any other Loan Document or Party. Each Lender agrees that, except for any representationsnotices, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any reports and other documents in connection herewith or therewith expressly required to be furnished or made to the Lenders by the Administrative Agent to the Lenders hereunder or by or on behalf of the Borrower given to the Administrative Agent for the account of or with copies for the Lenders, the Administrative Agent and the Other Representatives shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of Holding, any Borrower or any Lender other Loan Party which may come into the possession of the Administrative Agent and the Other Representatives or be required to ascertain or inquire as to the performance or observance of any of the termstheir officers, conditionsdirectors, provisionsemployees, covenants agents, attorneys-in-fact or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAffiliates.

Appears in 2 contracts

Samples: Credit Agreement (VWR International, Inc.), Credit Agreement (VWR International, Inc.)

Exculpatory Provisions. The Administrative Neither Agent shall not, and no nor any of its respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other the Loan Document Documents (except for its own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its officers Credit Party contained in this Agreement, in any other the Loan Document Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative any Agent under or in connection with, this Agreement the Loan Documents or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of any other of the Loan Document Documents or for any failure of the Borrower any Credit Party or any of its officers other Person to perform its obligations hereunder or thereunder. The Administrative Neither Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other the Loan DocumentDocuments, or to inspect the propertiesProperty, books or records of the Borrowerany Credit Party. The Administrative Lenders acknowledge that no Agent shall not be responsible under any duty to take any discretionary action permitted under the Loan Documents unless such Agent shall be instructed in writing to do so by the Required Lenders and such instructions shall be binding on all Lenders; provided, however, that neither Agent shall be required to take any action which exposes it to personal liability or is contrary to law or any provision of the Loan Documents. Neither Agent shall be under any liability or responsibility whatsoever, as Agent, to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Credit Party or any other Loan Document Person as a consequence of any failure or for delay in per- formance, or any representationsbreach, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use its obligations under any of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultLoan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Bowne & Co Inc), Credit Agreement (Bowne & Co Inc)

Exculpatory Provisions. The Neither the Administrative Agent nor any of its Related Parties shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for its or such Related Parties’ own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower Borrowers or any of its their Subsidiaries or any of their respective officers contained in this Agreement, in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for any failure of the Borrower Borrowers or any Subsidiary or any of its their respective officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the BorrowerBorrowers or any Subsidiary. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower Borrowers or any of their Subsidiaries to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 2 contracts

Samples: Credit Agreement (Ico Inc), Credit Agreement (Gibraltar Industries, Inc.)

Exculpatory Provisions. The Neither the Administrative Agent nor any of its officers, directors, employees agents, attorneys-in-fact or affiliates shall notbe (i) liable to any Lender or any other Person for any damage, and no loss or injury resulting from any action taken or omitted to be taken by the Administrative Agent or any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall (i) be liable for any action lawfully taken or omitted to be taken by it under or in connection with this Agreement or any other Loan Document (Document, whether sounding in tort, contract or otherwise, INCLUDING IN RESPECT OF LOSSES, LIABILITIES OR OTHER OBLIGATIONS SUFFERED BY SUCH PERSON'S OWN NEGLIGENCE OR STRICT LIABILITY but except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligencenegligence or willful misconduct, willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Related Person or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Person a party thereto to perform its obligations hereunder or thereunder, or (iii) responsible in any manner to any of the Lenders for any fraud of any Related Person or any officer thereof in this Agreement, in the performance of this Agreement, or in any way related to the transactions contemplated hereby. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultRelated Person.

Appears in 2 contracts

Samples: Credit Agreement (M I Homes Inc), Security Agreement (M I Homes Inc)

Exculpatory Provisions. The None of the Administrative Agent shall not, and no or any Other Representative nor any of their officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it such Person under or in connection with this Agreement or any other Loan Document (except for its own the gross negligence, negligence or willful misconduct of such Person or bad faithany of its officers, directors, employees, agents, attorneys-in-fact or Affiliates) or (iib) be responsible in any manner to any of the Lenders for (i) any recitals, statements, representations or warranties made by the Borrower or any of its officers other Loan Party or any officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent or any Other Representative under or in connection with, this Agreement or any other Loan Document Document, (ii) the value, validity, effectiveness, genuineness, enforceability or for sufficiency of this Agreement or any Term Loan Notes or any other Loan Document, (iii) any failure of the Borrower or any of its officers other Loan Party to perform its obligations hereunder or thereunderunder any other Loan Document, (iv) the performance or observance of any of the terms, provisions or conditions of this Agreement or any other Loan Document, (v) the satisfaction of any of the conditions precedent set forth in Section 5, or (vi) the existence or possible existence of any Default or Event of Default. The Neither the Administrative Agent nor any Other Representative shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Borrower or any other Loan Document or Party. Each Lender agrees that, except for any representationsnotices, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any reports and other documents in connection herewith or therewith expressly required to be furnished or made to the Lenders by the Administrative Agent to the Lenders hereunder or by or on behalf of the Borrower given to the Administrative Agent for the account of or with copies for the Lenders, the Administrative Agent and the Other Representatives shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of the Borrower or any Lender other Loan Party which may come into the possession of the Administrative Agent and the Other Representatives or be required to ascertain or inquire as to the performance or observance of any of the termstheir officers, conditionsdirectors, provisionsemployees, covenants agents, attorneys-in-fact or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAffiliates.

Appears in 2 contracts

Samples: Credit Agreement (Great North Imports, LLC), Credit Agreement (Great North Imports, LLC)

Exculpatory Provisions. The Administrative Neither any Agent nor any of their respective Related Parties shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder, for the creation, perfection or priority of any Lien purported to be created by the Security Documents or for the value or the sufficiency of any Collateral. The Administrative Agent Agents shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrowerany Loan Party. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required have a duty to ascertain or inquire as into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of the Administrative Agent’s Lien thereon, or any certificate prepared by any Loan Party in connection therewith, nor shall the Administrative Agent be responsible or liable to the performance Lenders for any failure to monitor or observance of maintain any portion of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultCollateral.

Appears in 2 contracts

Samples: Credit Agreement (SunCoke Energy Partners, L.P.), Credit Agreement (SunCoke Energy, Inc.)

Exculpatory Provisions. The Administrative Neither any Agent shall not, and no nor any of their respective officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such person in its capacity as an Agent under or in connection with this Agreement or any the other Loan Document Credit Documents (except for its own gross negligence, negligence or willful misconduct or bad faithas determined by a court of competent jurisdiction in a final and non-appealable decision) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower Holdings, any of its Subsidiaries or any of its their respective officers contained in this AgreementAgreement or the other Credit Documents, in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative any Agent under or in connection with, this Agreement or any other Loan Document or for any failure of the Borrower Holdings or any of its Subsidiaries or any of their respective officers to perform its obligations hereunder or thereunder. The Administrative No Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any the other Loan DocumentDocuments, or to inspect the properties, books or records of Holdings or any of its Subsidiaries (except to the Borrowerextent expressly requested to do so by the Required Lenders). The Administrative No Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility collectability or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative such Agent to the Lenders or by or on behalf of the Borrower Holdings or any of its Subsidiaries to the Administrative any Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 2 contracts

Samples: Credit Agreement (Quality Distribution Inc), Credit Agreement (Quality Distribution Inc)

Exculpatory Provisions. The Administrative Neither any Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates Affiliates shall be (a) liable to any of the Administrative Agent, shall (i) be liable Class A Purchasers for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document of the Related Documents (except for its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders Class A Purchasers for any recitals, statements, representations or warranties made by AFC, either Seller, the Borrower Issuer, AmeriCredit, the Servicer, the Administrative Agent, the Trust Collateral Agent, the Backup Servicer, or the Trustee or any of its officers officer thereof contained in this Agreement, in any other Loan Document of the Related Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative an Agent under or in connection with, any of the Related Documents or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document of the Related Documents or for any failure of AFC, either Seller, the Borrower Issuer, AmeriCredit, the Servicer, the Administrative Agent, the Trust Collateral Agent, the Backup Servicer, or any of its officers the Trustee to perform its obligations hereunder or thereunder. The Administrative No Agent shall not be under any obligation to any Lender Class A Purchaser to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any of the other Loan DocumentRelated Documents, or to inspect the properties, books or records of AFC, either Seller, the Borrower. The Administrative Agent shall not be responsible to any Lender for Issuer, AmeriCredit, the effectivenessServicer, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to Agent, the Lenders Trust Collateral Agent, the Backup Servicer, or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultTrustee.

Appears in 2 contracts

Samples: Class a Note Purchase Agreement (Americredit Corp), Class a Note Purchase Agreement (Americredit Corp)

Exculpatory Provisions. The Neither the Administrative Agent shall notnor any of its Affiliates, and no nor any of their respective officers, directors, employees, agents, or attorneys-in-fact or affiliates of the Administrative Agentfact, shall (i) be liable to any Lender for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document Documents (except for its own to the extent any of the foregoing is found in a final non-appealable judgment by a court of competent jurisdiction to have resulted from the gross negligence, negligence or willful misconduct or bad faithof the such Person) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations representations, or warranties made by the any Borrower or any of its officers contained in this Agreement, Agreement or in any of the other Loan Document Documents or in any certificate, report, statement document, financial statement, or other document written or oral statement referred to or provided for in, or received 55 by the Administrative Agent under or in connection withherewith, this Agreement or any in connection with the other Loan Document Documents, or enforceability or sufficiency therefor of any of the other Loan Documents, or for any failure of the any Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrowerthereunder. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility collectibility, or sufficiency of this Agreement Agreement, or any of the other Loan Document Documents or for any representations, warranties, recitals recitals, or statements made by any other Person herein or therein or made by any other Person Borrower in any written or oral statement or in any financial or other statements, instruments, reports, certificates certificates, or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the any Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants covenants, or agreements contained herein or therein or as to the use of the proceeds of the Loans Advances or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books, or records of any Borrower. The Administrative Agent is not a trustee for the Lenders and owes no fiduciary duty to the Lenders. Each Lender recognizes and agrees that the Administrative Agent shall not be required to determine independently whether the conditions described in Sections 5.01 and 5.02 have been satisfied and, when the Administrative Agent disburses funds to any Borrower, it may rely fully upon statements contained in the relevant requests by such Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Franklin Credit Holding Corp/De/), Credit Agreement (Franklin Credit Management Corp)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders Banks for any recitals, statements, representations or warranties made by the Borrower or any Subsidiary or any of its their respective officers contained in this Agreement, in any other Loan Credit Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Credit Document or for any failure of the Borrower or any of its Subsidiaries or any of their respective officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender Bank to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan DocumentAgreement, or to inspect the properties, books or records of the BorrowerBorrower or any of its Subsidiaries. The Administrative Agent shall not be responsible to any Lender Bank for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Credit Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders Banks or by or on behalf of the Borrower to the Administrative Agent or any Lender Bank or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 2 contracts

Samples: Credit Agreement (Amerus Group Co/Ia), Credit Agreement (Amerus Group Co/Ia)

Exculpatory Provisions. The Administrative Neither any Lender Agent shall notnor any of its directors, and no officers, directors, employees, agents, attorneys-in-fact agents or affiliates of the Administrative Agent, employees shall be (i) be liable for any action lawfully taken or omitted to be taken by it or them under or in connection with this Agreement or any other Loan Transaction Document (except for its its, their or such Person’s own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders its related Lender for any recitals, statements, representations or warranties made by the Borrower or any of its officers the Servicer contained in this AgreementArticle IV, in any other Loan Transaction Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Transaction Document, or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement, any other Transaction Document or any other document furnished in connection herewith or therewith, or for any failure of the Borrower or any of its officers the Servicer to perform its obligations hereunder or thereunder, or for the satisfaction of any condition specified in this Agreement, or for the perfection, priority, condition, value or sufficiency of any collateral pledged in connection herewith. The Administrative No Lender Agent shall not be under any obligation to any its related Lender to ascertain or to inquire as to the observance or performance of any of the agreements or covenants contained in, or conditions of, this Agreement or any other Loan Transaction Document, or to inspect the properties, books or records of the BorrowerBorrower or the Servicer. The Administrative No Lender Agent shall not be responsible deemed to have knowledge of any Termination Event or Unmatured Termination Event unless such Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of has received notice from the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Defaultits related Lender.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (North Haven Private Income Fund LLC), Loan and Servicing Agreement (North Haven Private Income Fund LLC)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Transaction Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have proximately resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any Person (including without limitation any of the Lenders Purchasers) for (A) any recitals, statements, representations or warranties made by the Borrower any Person (other than an Agent or any of its officers their respective officers, directors, employees, agents, attorneys-in-fact or affiliates) contained in this Agreement, in Agreement or any other Loan Transaction Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Document Transaction Document, (B) the value, validity, effectiveness, genuineness, collectability, enforceability or for sufficiency of this Agreement or any other Transaction Document, (C) any Liens or guarantees (including without limitation pursuant to any Guarantee Obligation) granted by, or purported to be granted by, any of the Security Documents or otherwise, (D) ascertaining or inquiring as to the existence or possible existence of any Termination Event, or (E) any failure of any party hereto or thereto (other than the Borrower Administrative Agent or any of its officers officers, directors, employees, agents, attorneys-in-fact or affiliates) to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender Purchaser to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Transaction Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible any Originator, or to take any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by action that exposes the Administrative Agent to personal liability or that is contrary to this Agreement or applicable law. Anything in this Agreement to the Lenders or by or on behalf of the Borrower to contrary notwithstanding, in no event shall the Administrative Agent be liable for special, indirect or any Lender consequential loss or be required to ascertain or inquire as to the performance or observance damage of any kind whatsoever (including but not limited to lost profits), even if the Administrative Agent has been advised of the terms, conditions, provisions, covenants likelihood of such loss or agreements contained herein or therein or as to the use damage and regardless of the proceeds form of the Loans or of the existence or possible existence of any Default or Event of Defaultaction.

Appears in 2 contracts

Samples: Purchase Agreement (Powerwave Technologies Inc), Receivables Purchase Agreement (Sanmina-Sci Corp)

Exculpatory Provisions. The Administrative Neither any Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates Affiliates shall be (a) liable to any of the Administrative Agent, shall (i) be liable Class S Purchasers for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document of the Related Documents (except for its or such Person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders Class S Purchasers for any recitals, statements, representations or warranties made by AFC, either Seller, the Borrower Issuer, AmeriCredit, the Servicer, the Administrative Agent, the Trust Collateral Agent, the Backup Servicer, or the Trustee or any of its officers officer thereof contained in this Agreement, in any other Loan Document of the Related Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative an Agent under or in connection with, any of the Related Documents or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document of the Related Documents or for any failure of AFC, either Seller, the Borrower Issuer, AmeriCredit, the Servicer, the Administrative Agent, the Trust Collateral Agent, the Backup Servicer, or any of its officers the Trustee to perform its obligations hereunder or thereunder. The Administrative No Agent shall not be under any obligation to any Lender Class S Purchaser to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any of the other Loan DocumentRelated Documents, or to inspect the properties, books or records of AFC, either Seller, the Borrower. The Administrative Agent shall not be responsible to any Lender for Issuer, AmeriCredit, the effectivenessServicer, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to Agent, the Lenders Trust Collateral Agent, the Backup Servicer, or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultTrustee.

Appears in 2 contracts

Samples: Note Purchase Agreement (Americredit Corp), Purchase Agreement (Americredit Corp)

Exculpatory Provisions. The Administrative Each Funding Agent shall not, and no any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall not be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with the -00- Xxxx Xxxxxxxxx, this Agreement Supplement or any other Loan Related Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders CP Conduit Purchasers and/or APA Banks for any recitals, statements, representations or warranties made by AFC-II, the Borrower Lessors, the Lessees, the Guarantor, the Administrator, the Administrative Agent, or any of its officers officer thereof contained in this Agreement, in Supplement or any other Loan Related Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative such Funding Agent under or in connection with, this Agreement Supplement or any other Loan Related Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Supplement, any other Related Document, or for any failure of the Borrower or any of its officers AFC-II, the Lessors, the Lessees, the Guarantor, the Administrative Agent, or the Administrator to perform its obligations hereunder or thereunder. The Administrative Each Funding Agent shall not be under any obligation to the CP Conduit Purchaser or any Lender APA Bank in its Purchaser Group to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or Supplement, any other Loan Document, Related Document or to inspect the properties, books or records of AFC-II, the Borrower. The Administrative Agent shall not be responsible to any Lender for Lessors, the effectivenessLessees, genuinenessthe Guarantor, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to Agent, or the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAdministrator.

Appears in 2 contracts

Samples: Operating Lease Loan Agreement (Avis Group Holdings Inc), Operating Lease Loan Agreement (Avis Group Holdings Inc)

Exculpatory Provisions. The Administrative In each case, in the absence of gross negligence or willful misconduct, no Agent shall notnor any of its affiliates, and no nor any of their respective officers, directors, employees, agents, agents or attorneys-in-fact or affiliates of the Administrative (each such person, an “Agent-Related Person”), shall (i) be liable for any action lawfully taken or omitted to be taken by it under or in connection herewith or in connection with this Agreement or any of the other Loan Document Documents (except for its own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders Lender Party for any recitals, statements, representations or warranties made by any of the Borrower Parties contained herein or in any of its officers contained in this Agreement, in any the other Loan Document Documents or in any certificate, report, document, financial statement or other document written or oral statement referred to or provided for in, or received by the Administrative such Agent under or in connection with, this Agreement herewith or any in connection with the other Loan Document Documents, or enforceability or sufficiency therefor of any of the other Loan Documents, or for any failure of the any Borrower or any of its officers Party to perform its obligations hereunder or thereunder. The Administrative Agent In each case, in the absence of gross negligence or willful misconduct, no Agent-Related Person shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility collectability or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person Borrower Party in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent Agent-Related Person to the Lenders or by or on behalf of the Borrower Parties to the Administrative Agent Agent-Related Person or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or the use of the Letters of Credit or of the existence or possible existence of any Potential Default or Event of DefaultDefault or to inspect the properties, books or records of the Borrower Parties. Except insofar as the Administrative Agent holds the security interests and Lien created pursuant to the Collateral Document in trust for the Secured Parties, the Agents are not trustees for the Lenders and owe no fiduciary duty to the Lenders. Each Lender Party recognizes and agrees that the Administrative Agent shall not be required to determine independently whether the conditions described in Sections 6.2(a) or 6.2(b) have been satisfied and, when the Administrative Agent disburses funds to Borrowers or the Letter of Credit Issuer causes Letters of Credit to be issued or accepts any Qualified Borrower Guaranties, it may rely fully upon statements contained in the relevant requests by a Borrower Party.

Appears in 2 contracts

Samples: Revolving Credit Agreement (TCG BDC II, Inc.), Revolving Credit Agreement (TCG BDC II, Inc.)

Exculpatory Provisions. The Administrative No Senior Managing Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for its or such Person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower Borrower, any Subsidiary or any of its their respective officers contained in this Agreement, in any other Loan Credit Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative any Senior Managing Agent under or in connection with, this Agreement or any other Loan Credit Document or for any failure of the Borrower or any Subsidiary or any of its their respective officers to perform its obligations hereunder or thereunder. The Administrative No Senior Managing Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan DocumentAgreement, or to inspect the properties, books or records of the BorrowerBorrower or any Subsidiary. The Administrative No Senior Managing Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Credit Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative any Senior Managing Agent to the Lenders or by or on behalf of the Borrower to the Administrative any Senior Managing Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 2 contracts

Samples: Credit Agreement (Rj Reynolds Tobacco Holdings Inc), Credit Agreement (Rj Reynolds Tobacco Holdings Inc)

Exculpatory Provisions. The Administrative Neither Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document Note or the Guaranty Agreement (except for its or such Person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders Banks for any recitals, statements, representations or warranties made by the Borrower or any of its officers Borrower's Subsidiaries or any officer thereof contained in this Agreement, in Agreement or any other Loan Document Note or the Guaranty Agreement or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document Note or the Guaranty Agreement or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement, the Notes or the Guaranty Agreement, or for any failure of the Borrower or any of its officers Borrower's Subsidiaries to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any no obligation to any Lender Bank to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement Agreement, the Notes, or any other Loan Documentthe Guaranty Agreement, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Borrower or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultBorrower's Subsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (M I Schottenstein Homes Inc), Credit Agreement (M I Schottenstein Homes Inc)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement (x) with the consent or any other Loan Document at the request of the CP Conduit Purchasers, the Committed Purchasers or the Funding Agents or (except for y) in the absence of its own gross negligence, negligence or willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders CP Conduit Purchasers, the Committed Purchasers or the Funding Agents for any recitals, statements, representations or warranties made by the Borrower Transferor, the Collection Agent, the Sellers or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Transaction Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Transaction Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement, any other Transaction Document, the Receivables (or any Related Security, Collections and Proceeds with respect thereto) or any Transferred Interest or for any failure of the Borrower or any of its officers the Transferor, the Collection Agent, the Sellers or the Obligors to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender CP Conduit Purchaser, any Committed Purchaser or any Funding Agent to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, Transaction Document or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for Transferor, the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Collection Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultSeller.

Appears in 2 contracts

Samples: Receivables Transfer Agreement (Collins & Aikman Corp), Receivables Transfer Agreement (Mascotech Inc)

Exculpatory Provisions. The Administrative Agent shall not, and no None of the Agents nor any of their officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it such Person under or in connection with this Agreement or any other Loan Document (except for its own the gross negligence, negligence or willful misconduct of such Person or bad faithany of its officers, directors, employees, agents, attorneys-in-fact or Affiliates) or (iib) be responsible in any manner to any of the Lenders for (i) any recitals, statements, representations or warranties made by the any Borrower or any of its officers other Loan Party or any officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Document Document, (ii) for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any Notes or any other Loan Document, (iii) for any failure of the any Borrower or any of its officers other Loan Party to perform its obligations hereunder or thereunderunder any other Loan Document, (iv) the performance or observance of any of the terms, provisions or conditions of this Agreement or any other Loan Document, (v) the satisfaction of any of the conditions precedent set forth in Section 6, or (vi) the existence or possible existence of any Default or Event of Default. The Administrative No Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Borrower or any other Loan Document or Party. Each Lender agrees that, except for any representationsnotices, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any reports and other documents in connection herewith or therewith expressly required to be furnished or made to the Lenders by the Administrative Agent hereunder or given to the Lenders Agents for the account of or by with copies for the Lenders, the Agents shall not have any duty or on behalf responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of any Borrower or any other Loan Party which may come into the possession of the Borrower to the Administrative Agent Agents or any Lender of their officers, directors, employees, agents, attorneys-in-fact or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAffiliates.

Appears in 2 contracts

Samples: Credit Agreement (Hertz Global Holdings Inc), Credit Agreement (Hertz Global Holdings Inc)

Exculpatory Provisions. The Administrative No Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it any of them under or in connection with this Agreement or any other Loan Document (except for its or such Person’s own gross negligencenegligence or willful misconduct, willful misconduct or bad faithas determined in the final judgment of a court of competent jurisdiction, in connection with its duties expressly set forth herein) or (iib) be responsible in any manner to any of the Lenders or any participant for any recitals, statements, representations or warranties made by any of the Borrower Borrower, any other Credit Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative such Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document, or for any failure of the Borrower or any of its officers other Credit Party to perform its obligations hereunder or thereunder. The Administrative No Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrowerany Credit Party or any Affiliate thereof. The Administrative Collateral Agent shall not be responsible to under any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower obligation to the Administrative Agent or any Lender or be required to ascertain or to inquire as to the observance or performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein in, or therein conditions of, this Agreement or as any other Loan Document, or to inspect the use of the proceeds of the Loans properties, books or of the existence or possible existence records of any Default or Event of DefaultCredit Party.

Appears in 2 contracts

Samples: Term Loan Agreement (EP Energy LLC), Escrow and Security Agreement (MBOW Four Star, L.L.C.)

Exculpatory Provisions. The None of the Administrative Agent shall not, and no or any Other Representative nor any of their officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it such Person under or in connection with this Agreement or any other Loan Document (except for its own the gross negligence, negligence or willful misconduct of such Person or bad faithany of its officers, directors, employees, agents, attorneys-in-fact or Affiliates) or (iib) be responsible in any manner to any of the Lenders for (i) any recitals, statements, representations or warranties made by the Borrower or any of its officers other Loan Party or any officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent or any Other Representative under or in connection with, this Agreement or any other Loan Document Document, (ii) the value, validity, effectiveness, genuineness, enforceability or for sufficiency of this Agreement or any Notes or any other Loan Document, (iii) any failure of the Borrower or any of its officers other Loan Party to perform its obligations hereunder or thereunderunder any other Loan Document, (iv) the performance or observance of any of the terms, provisions or conditions of this Agreement or any other Loan Document, (v) the satisfaction of any of the conditions precedent set forth in Section 5, or (vi) the existence or possible existence of any Default or Event of Default. The Neither the Administrative Agent nor any Other Representative shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Borrower or any other Loan Document or Party. Each Lender agrees that, except for any representationsnotices, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any reports and other documents in connection herewith or therewith expressly required to be furnished or made to the Lenders by the Administrative Agent to the Lenders hereunder or by or on behalf of the Borrower given to the Administrative Agent for the account of or with copies for the Lenders, the Administrative Agent and the Other Representatives shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of the Borrower or any Lender other Loan Party which may come into the possession of the Administrative Agent and the Other Representatives or be required to ascertain or inquire as to the performance or observance of any of the termstheir officers, conditionsdirectors, provisionsemployees, covenants agents, attorneys-in-fact or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAffiliates.

Appears in 2 contracts

Samples: Credit Agreement (Trans-Porte, Inc.), Credit Agreement (Great North Imports, LLC)

Exculpatory Provisions. The Administrative No Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it any of them under or in connection with this Agreement or any other Loan Document (except for its or such Person’s own gross negligencenegligence or willful misconduct, willful misconduct or bad faithas determined in the final judgment of a court of competent jurisdiction, in connection with its duties expressly set forth herein) or (iib) be responsible in any manner to any of the Lenders or any Participant for any recitals, statements, representations or warranties made by any of the Borrower Borrowers, any other Credit Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative such Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document, or for any failure of the Borrower Borrowers or any of its officers other Credit Party to perform its obligations Obligations hereunder or thereunder. The Administrative No Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrowerany Credit Party or any Affiliate thereof. The Administrative Collateral Agent shall not be responsible to under any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower obligation to the Administrative Agent or any Lender or be required to ascertain or to inquire as to the observance or performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein in, or therein conditions of, this Agreement or as any other Loan Document, or to inspect the use of the proceeds of the Loans properties, books or of the existence or possible existence records of any Default or Event of DefaultCredit Party.

Appears in 2 contracts

Samples: Term Loan Agreement (Vantage Drilling CO), Intercreditor Agreement (Vantage Drilling CO)

Exculpatory Provisions. The Administrative Neither the Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document (Credit Documents except for its or such Person's own gross negligencenegligence or willful misconduct, willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its officers the Credit Parties contained in this Agreement, herein or in any of the other Loan Document Credit Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection withherewith or in connection with the other Credit Documents, this Agreement or enforceability or sufficiency herefor of any of the other Loan Document Credit Documents, or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility collectability or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by the Borrower or any other Person Credit Party in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower Credit Parties to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of the Credit Parties.

Appears in 2 contracts

Samples: Credit Agreement (Journal Communications Inc), Credit Agreement (Journal Communications Inc)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with the Base Indenture, this Agreement Supplement or any other Loan Related Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders CP Conduit Purchasers, the APA Banks or the Funding Agents for any recitals, statements, representations or warranties made by CRCF, the Borrower Lessors, the Lessees, the Permitted Sublessees, the Intermediary, the Administrator or any of its officers officer thereof contained in this Agreement, in Supplement or any other Loan Related Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement Supplement or any other Loan Related Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Supplement, any other Related Document, or for any failure of the Borrower or any of its officers CRCF, the Lessors, the Lessees, the Permitted Sublessees, the Intermediary or the Administrator to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender CP Conduit Purchaser, any APA Bank or any Funding Agent to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or Supplement, any other Loan Document, Related Document or to inspect the properties, books or records of CRCF, the Borrower. The Administrative Agent shall not be responsible to any Lender for Lessors, the effectivenessLessees, genuinenessthe Permitted Sublessees, validity, enforceability, collectibility the Intermediary or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultAdministrator.

Appears in 2 contracts

Samples: Cendant Corp, Cendant Corp

Exculpatory Provisions. The Neither the Administrative Agent nor any of its officers, directors, employees agents, attorneys-in-fact or affiliates shall notbe (i) liable to any Lender or any other Person for any damage, and no loss or injury resulting from any action taken or omitted to be taken by the Administrative Agent or any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall (i) be liable for any action lawfully taken or omitted to be taken by it under or in connection with this Agreement or any other Loan Document (Document, whether sounding in tort, contract or otherwise, INCLUDING IN RESPECT OF LOSSES, LIABILITIES OR OTHER OBLIGATIONS SUFFERED BY SUCH PERSON'S OWN NEGLIGENCE OR STRICT LIABILITY but except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person's own gross negligencenegligence or willful misconduct, willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Related Person or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Person a party thereto to perform its obligations hereunder or thereunder, or (iii) responsible in any manner to any of the Lenders for any fraud of any Related Person or any officer thereof in this Agreement, in the performance of this Agreement, or in any way related to the transactions contemplated hereby. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultRelated Person.

Appears in 2 contracts

Samples: Security Agreement (M I Homes Inc), Credit Agreement (M I Homes Inc)

Exculpatory Provisions. The Administrative Agent shall notNo Agent, and no any Other Representative or any of their officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it such Person under or in connection with this Agreement or any other Loan Document (except for its own the gross negligence, negligence or willful misconduct or bad faithof such Person) or (iib) be responsible in any manner to any of the Lenders for (i) any recitals, statements, representations or warranties made by the Borrower or any of its officers other Loan Party or any officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative any Agent or any Other Representative under or in connection with, this Agreement or any other Loan Document Document, (ii) for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any Notes or any other Loan Document, (iii) for any failure of the Borrower or any of its officers other Loan Party to perform its obligations hereunder or thereunderunder any other Loan Document, (iv) the performance or observance of any of the terms, provisions or conditions of this Agreement or any other Loan Document, (v) the satisfaction of any of the conditions precedent set forth in Section 5, or (vi) the existence or possible existence of any Default or Event of Default, (vii) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents and (viii) the value or the sufficiency of any Collateral. The Administrative No Agent or any Other Representative shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the BorrowerBorrower or any other Loan Party. The Each Lender agrees that, except for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent hereunder or given to the Administrative Agent for the account of or with copies for the Lenders, the Agents and the Other Representatives shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of the Borrower or any other Loan Party which may come into the possession of the Agents and the Other Representatives or any of their officers, directors, employees, agents, attorneys-in-fact or Affiliates. Each Lender agrees that the Agent and the Other Representatives (or any of their respective officers, directors, employees, agents, attorneys-in-fact or Affiliates) shall not: (i) be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing; (ii) have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Agents are required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents), provided that an Agent shall not be responsible required to take any action that, in its opinion or the opinion of its counsel, may expose such Agent to liability or that is contrary to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or applicable law; and (iii) except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates information relating to the Borrower or any other documents in connection herewith of its Affiliates that is communicated to or therewith furnished or made obtained by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Person serving as an Agent or any Lender or be required to ascertain or inquire as to the performance or observance of its Affiliates in any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Defaultcapacity.

Appears in 2 contracts

Samples: Credit Agreement (Hd Supply, Inc.), Credit Agreement (Hd Supply, Inc.)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Transaction Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have proximately resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any Person (including without limitation any of the Lenders Purchasers) for (A) any recitals, statements, representations or warranties made by the Borrower any Person (other than an Agent or any of its officers their respective officers, directors, employees, agents, attorneys-in-fact or affiliates) contained in this Agreement, in Agreement or any other Loan Transaction Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Document Transaction Document, (B) the value, validity, effectiveness, genuineness, collectibility, enforceability or for sufficiency of this Agreement or any other Transaction Document, (C) any Liens or guarantees (including without limitation pursuant to any Guarantee Obligation) granted by, or purported to be granted by, any of the Security Documents or otherwise, (D) ascertaining or inquiring as to the existence or possible existence of any Termination Event, or (E) any failure of any party hereto or thereto (other than the Borrower Administrative Agent or any of its officers officers, directors, employees, agents, attorneys-in-fact or affiliates) to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender Purchaser to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Transaction Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible any Seller, or to take any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by action that exposes the Administrative Agent to personal liability or that is contrary to this Agreement or applicable law. Anything in this Agreement to the Lenders or by or on behalf of the Borrower to contrary notwithstanding, in no event shall the Administrative Agent be liable for special, indirect or any Lender consequential loss or be required to ascertain or inquire as to the performance or observance damage of any kind whatsoever (including but not limited to lost profits), even if the Administrative Agent has been advised of the terms, conditions, provisions, covenants likelihood of such loss or agreements contained herein or therein or as to the use damage and regardless of the proceeds form of the Loans or of the existence or possible existence of any Default or Event of Defaultaction.

Appears in 2 contracts

Samples: Collection Agency and Account Agreement (Celestica Inc), Collection Agency and Account Agreement (Celestica Inc)

Exculpatory Provisions. The Administrative Neither the Security Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Transaction Document (except for to the extent that any of the foregoing are found by a final and non-appealable decision of a court of competent jurisdiction to have resulted from its or such Person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders Creditors for any recitals, statements, representations or warranties made by the Borrower or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Transaction Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Security Agent under or in connection with, this Agreement or any other Loan Transaction Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Transaction Document or for any failure of the Borrower or any of its officers other party thereto to perform its obligations hereunder or thereunder. The Administrative Security Agent shall not be under any obligation to any Lender Creditor to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Transaction Document, or to inspect the properties, books or records of the BorrowerBorrower or any other Person. The Administrative Agent shall not be responsible to any Lender for None of the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency provisions of this Agreement shall require the Security Agent to expend or risk its own funds or otherwise to incur any other Loan Document or for any representationsliability, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statementsotherwise, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of its duties hereunder, or in the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence exercise of any Default of its rights or Event powers if it shall have reasonable grounds for believing that repayment of Defaultsuch funds or indemnity satisfactory to it against such risk or liability is not assured to it.

Appears in 2 contracts

Samples: Credit Agreement (Pg&e Corp), Credit Agreement (Pacific Gas & Electric Co)

Exculpatory Provisions. The Administrative Neither the Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document Credit Documents (except for its or such Person’s own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower contained herein or in any of its officers contained in this Agreement, in any the other Loan Document Credit Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection withherewith or in connection with the other Credit Documents, this Agreement or enforceability or sufficiency therefor of any of the other Loan Document Credit Documents, or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person the Borrower in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans Advances or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of the Borrower. The Agent is not a trustee for the Lenders and owes no fiduciary duty to the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Wisconsin Energy Corp), Credit Agreement (Wisconsin Energy Corp)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its respective officers, directors, employees, agents, attorneys-in-fact attorneys‑in‑fact or affiliates of the Administrative Agent, Affiliates shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Credit Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such Person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders or any other Secured Party for any recitals, statements, representations or warranties made by the Borrower any Credit Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Credit Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Credit Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Credit Document or for any failure of the Borrower any Credit Party or any of its officers other Person to perform its obligations hereunder or thereunder. The Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the Administrative Agent to liability or that is contrary to any Credit Document or applicable law, including for the avoidance of doubt any action that may be in violation of the automatic stay under any bankruptcy or insolvency law or other similar law or that may effect a forfeiture, modification or termination of property of a Defaulting Lender in violation of any bankruptcy or insolvency law or other similar law. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Credit Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultCredit Party.

Appears in 2 contracts

Samples: Credit Agreement (Paragon 28, Inc.), Credit Agreement (Adma Biologics, Inc.)

Exculpatory Provisions. The Administrative Agent shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates Neither of the Administrative Agent, Agents nor any of its Related Parties shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for its or such Related Parties’ own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its Subsidiaries or any of their respective officers contained in this Agreement, in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the such Administrative Agent under or in connection with, this Agreement or any other Loan Document or for any failure of the Borrower or any Subsidiary of its the Borrower or any of their respective officers to perform its obligations hereunder or thereunder. The Neither Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan DocumentDocument (other than confirming delivery of items expressly required to be delivered to such Administrative Agent by the terms of the Loan Documents), or to inspect the properties, books or records of the Borrower or any Subsidiary of the Borrower. The Neither Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the such Administrative Agent to the Lenders or by or on behalf of the Borrower or any of its Subsidiaries to the such Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default. Neither the Collateral Agent nor any Administrative Agent shall be responsible for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of the Collateral Agent’s Lien thereon, or any certificate prepared by any Credit Party in connection therewith, nor shall the Collateral Agent or any Administrative Agent be responsible or liable to the Creditors for any failure to monitor or maintain any portion of the Collateral.

Appears in 2 contracts

Samples: Credit Agreement (Circor International Inc), Credit Agreement (Circor International Inc)

Exculpatory Provisions. The Neither the Administrative Agent nor any of its Related Parties shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Credit Document (except for its or such Related Party’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower or any of its Subsidiaries or any of their respective officers contained in this Agreement, in any other Loan Credit Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Credit Document or for any failure of the Borrower or any Subsidiary or any of its their respective officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Credit Document, or to inspect the properties, books or records of the BorrowerBorrower or any of its Subsidiaries. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Credit Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower or any of its Subsidiaries to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 2 contracts

Samples: Credit Agreement (American Dental Partners Inc), Pledge and Security Agreement (American Dental Partners Inc)

Exculpatory Provisions. The Neither the Administrative Agent shall not, and no nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, Affiliates shall (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection herewith or in connection with this Agreement or any of the other Loan Document Credit Documents (except for its or such Person's own gross negligencenegligence or willful misconduct), willful misconduct or bad faith) or (ii) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower contained herein or in any of its officers contained in this Agreement, in any the other Loan Document Credit Documents or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection withherewith or in connection with the other Credit Documents, this Agreement or enforceability or sufficiency therefor of any of the other Loan Document Credit Documents, or for any failure of the Borrower or any of its officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of the Borrower. The Administrative Agent shall not be responsible to any Lender for the effectiveness, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement Credit Agreement, or any of the other Loan Document Credit Documents or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person the Borrower in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds Letters of the Loans Credit or of the existence or possible existence of any Default or Event of DefaultDefault or to inspect the properties, books or records of the Borrower. The Administrative Agent is not a trustee for the Lenders and owes no fiduciary duty to the Lenders.

Appears in 2 contracts

Samples: Letter of Credit Agreement (Dominion Resources Inc /Va/), Letter of Credit Agreement (Consolidated Natural Gas Co/Va)

Exculpatory Provisions. The Administrative Neither the Agent shall not, and no nor any of its respective officers, directors, employees, representatives, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (i) be liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except for its or such Person's own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (ii) be responsible in any manner to any of the Lenders Banks for any recitals, statements, representations or warranties made by the Borrower Borrower, any Subsidiary or any of its their respective officers contained in this Agreement, in any other Loan Credit Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Credit Document or for any failure of the Borrower or any Subsidiary or any of its their respective officers to perform its obligations hereunder or thereunder. The Administrative Agent shall not be under any obligation to any Lender Bank to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan DocumentAgreement, or to inspect the properties, books or records of the BorrowerBorrower or any Subsidiary. The Administrative Agent shall not be responsible to any Lender Bank for the effectivenesseffectiveness (other than its own execution), genuineness, validity, enforceability, collectibility or sufficiency of this Agreement or any other Loan Credit Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders Banks or by or on behalf of the Borrower to the Administrative Agent or any Lender Bank or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or Competitive Bid Loans or of the existence or possible existence of any Default or Event of Default.

Appears in 2 contracts

Samples: Credit Agreement (Fremont General Corp), Pledge Agreement (Fremont General Corp)

Exculpatory Provisions. The Administrative Neither the Agent shall notnor any of its directors, and no officers, directors, employees, agents, attorneys-in-fact agents or affiliates of the Administrative Agent, employees shall be (i) be liable for any action lawfully taken or omitted to be taken by it or them under or in connection with this Agreement or any other Loan Document (except for its its, their or such Person’s own gross negligence, negligence or willful misconduct or bad faithor, in the case of the Agent, the breach of its obligations expressly set forth in this Agreement) or (ii) be responsible in any manner to any of the Lenders Secured Parties for any recitals, statements, representations or warranties made by any Borrower, the Borrower Representative, the Property Manager, the Back-Up Manager, the Sponsor or any of its officers contained other party in this Agreement, Agreement or in any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document to which it is a party for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other document furnished in connection herewith, or for any failure of any Borrower, the Borrower Representative, any Guarantor, the Property Manager, the Back-Up Manager or any of its officers Sponsor to perform its any of their respective obligations hereunder or thereunderany Loan Document, or for the satisfaction of any condition specified herein or therein. The Administrative Agent shall not be under any obligation to any Lender Secured Party to ascertain or to inquire as to the observance or performance of any of the agreements or covenants contained in, or conditions of, this Agreement or any other Loan DocumentAgreement, or to inspect the properties, books or records of any Borrower, the Borrower. The Administrative Agent shall not be responsible to Borrower Representative, any Lender for Guarantor, the effectivenessProperty Manager, genuineness, validity, enforceability, collectibility or sufficiency of this Agreement the Back-Up Manager or any other Loan Document or for any representations, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial or other statements, instruments, reports, certificates or any other documents in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence of any Default or Event of DefaultSponsor.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Vinebrook Homes Trust, Inc.), Revolving Credit Agreement (Vinebrook Homes Trust, Inc.)

Exculpatory Provisions. The Administrative Neither any Agent or its Affiliates nor any of their respective Related Parties shall not, and no officers, directors, employees, agents, attorneys-in-fact or affiliates of the Administrative Agent, shall be (ia) be liable for any action lawfully taken or omitted to be taken by it or such person under or in connection with this Agreement or any other Loan Document (except for to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to have resulted from its or such person’s own gross negligence, negligence or willful misconduct or bad faithmisconduct) or (iib) be responsible in any manner to any of the Lenders for any recitals, statements, representations or warranties made by the Borrower any Loan Party or any of its officers officer thereof contained in this Agreement, in Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Administrative Agent Agents under or in connection with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document or for any failure of the Borrower or any of its officers Loan Party a party thereto to perform its obligations hereunder or thereunder. The Administrative Agent Agents shall not be under any obligation to any Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the properties, books or records of any Loan Party. The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the Borrowerother Loan Documents. Without limiting the generality of the foregoing, (x) the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, and (y) the Administrative Agent shall not, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to Intermediate Holdings, any Borrower or any of its respective Affiliates that is communicated to or obtained by the person serving as the Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any Lender for the effectivenessstatement, genuineness, validity, enforceability, collectibility warranty or sufficiency of representation made in or in connection with this Agreement or any other Loan Document or for Document, (ii) the contents of any representationscertificate, warranties, recitals or statements made by any other Person herein or therein or made by any other Person in any written or oral statement or in any financial report or other statements, instruments, reports, certificates document delivered hereunder or any other documents thereunder or in connection herewith or therewith furnished or made by the Administrative Agent to the Lenders or by or on behalf of the Borrower to the Administrative Agent or any Lender or be required to ascertain or inquire as to therewith, (iii) the performance or observance of any of the termscovenants, conditions, provisions, covenants agreements or agreements contained other terms or conditions set forth herein or therein or as to the use of the proceeds of the Loans or of the existence or possible existence occurrence of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent.

Appears in 2 contracts

Samples: Collateral Access Agreement (Momentive Performance Materials Inc.), Collateral Access Agreement (Momentive Performance Materials Inc.)

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