Common use of General Immunity Clause in Contracts

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks or any Bank for any action taken or omitted to be taken by it or them under the Loan Documents or in connection therewith except for its or their own gross negligence or willful misconduct.

Appears in 9 contracts

Samples: Secured Credit Agreement (Pilgrims Pride Corp), Secured Credit Agreement (Pilgrims Pride Corp), Secured Credit Agreement (Pilgrims Pride Corp)

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General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks or any Bank for any action taken or omitted to be taken by it or them under any of the Loan Documents or in connection therewith except for therewith, unless caused by its or their own gross negligence or willful misconduct.. Without limiting the generality of the foregoing, Agent:

Appears in 4 contracts

Samples: Credit Agreement (McGrath Rentcorp), Credit Agreement (McGrath Rentcorp), Credit Agreement (McGrath Rentcorp)

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks Borrower, any Subsidiary Guarantor, the Lenders or any Bank Lender for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Credit Agreement (Lennar Corp), Credit Agreement (LNR Property Corp)

General Immunity. Neither the any Agent nor any of its their respective directors, officers, agents agents, attorneys or employees shall be liable to the Banks Lenders or any Bank Lender for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconductmisconduct as finally determined in a judgment of a court of competent jurisdiction.

Appears in 2 contracts

Samples: Credit Agreement (Jacor Communications Inc), Credit Agreement (Efm Programming Inc)

General Immunity. Neither the Agent nor any of its directors, officers, employees, agents or employees advisors shall be liable to any of the Banks or any Bank for any action taken or omitted to be not taken by it or them under the Loan Documents or in connection therewith except for with this Agreement or any of the other Transaction Documents (i) with the consent or at the request of the Required Banks or (ii) in the absence of its or their own gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Cpi Corp), Revolving Credit Agreement (Cpi Corp)

General Immunity. Neither the Agent nor any of its respective directors, officers, agents or employees shall be liable to the Banks or any Bank for any action taken or omitted to be taken by it or them under the Loan Documents hereunder or in connection therewith herewith, except for its or their own gross negligence or willful misconduct, it being the intention of the Banks that such parties shall not be liable for the consequences of their own negligence (other than gross negligence).

Appears in 2 contracts

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

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks Borrower, Lenders or any Bank Lender for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Credit Agreement (Pioneer Standard Electronics Inc), Assignment Agreement (Duriron Co Inc)

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks Borrower or any Bank the Lenders for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection therewith herewith or therewith, except for its or their own gross negligence or willful misconduct.

Appears in 1 contract

Samples: Assignment Agreement (Great Lakes Reit)

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General Immunity. Neither the Agent (in its capacity as Agent and not in its capacity as a Bank) nor any of its directors, officers, agents or employees shall be liable to the Banks Borrower or any Bank for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconduct.

Appears in 1 contract

Samples: Credit Agreement (Biltmore South Corp)

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Company, the Banks or any Bank for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconduct.

Appears in 1 contract

Samples: Credit Agreement (Interstate Power & Light Co)

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks Borrower, the Lenders or any Bank Lender for any action taken or omitted to be taken by it or them under the hereunder or any other Loan Documents Document or in connection herewith or therewith except for its or their own gross negligence or willful misconduct.

Appears in 1 contract

Samples: Credit Agreement (Aar Corp)

General Immunity. Neither the Agent nor any of its directors, officers, agents or employees shall be liable to the Banks Borrower, the Lenders or any Bank Lender for any action taken or omitted to be taken by it or them hereunder or under the any other Loan Documents Document or in connection therewith except for its or their own gross negligence or willful misconduct.herewith or

Appears in 1 contract

Samples: Assignment Agreement (Pioneer Standard Electronics Inc)

General Immunity. Neither the Agent Managing Agents nor any of its their directors, officers, agents or employees shall be liable to the Banks or any Bank for any action taken or omitted to be taken by it or them under the Loan Documents or in connection therewith with any Loan Document except for its or their own gross negligence or willful wilful misconduct.

Appears in 1 contract

Samples: Credit Agreement (Ackerley Communications Inc)

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