Common use of Liability for Acts and Omissions Clause in Contracts

Liability for Acts and Omissions. As between any Loan Party and an Issuing Lender, such Loan Party assumes all risks of the acts and omissions of, or misuse of the Letters of Credit by, the respective beneficiaries of such Letters of Credit. In furtherance and not in limitation of the foregoing, an Issuing Lender shall not be responsible for any of the following, including any losses or damages to any Loan Party or other Person or property relating therefrom:

Appears in 3 contracts

Samples: Credit Agreement (Alaska Communications Systems Group Inc), Credit Agreement (Alaska Communications Systems Group Inc), Credit Agreement (Alaska Communications Systems Group Inc)

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Liability for Acts and Omissions. As between any Loan Credit Party and an the Issuing Lender, or the Issuing Lender's Affiliates, such Loan Credit Party assumes all risks of the acts and omissions of, or misuse of the Letters of Credit by, the respective beneficiaries of such Letters of Credit. In furtherance and not in limitation of the foregoing, an the Issuing Lender shall not be responsible for any of the following, including any losses or damages to any Loan Credit Party or other Person or property relating therefrom:

Appears in 1 contract

Samples: Credit Agreement (Unique Fabricating, Inc.)

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Liability for Acts and Omissions. As between any Loan Party and an the Issuing Lender, or the Issuing Lender's Affiliates, such Loan Party assumes all risks of the acts and omissions of, or misuse of the Letters of Credit by, the respective beneficiaries of such Letters of Credit. In furtherance and not in limitation of the foregoing, an the Issuing Lender shall not be responsible for any of the following, including any losses or damages to any Loan Party or other Person or property relating therefrom:

Appears in 1 contract

Samples: Credit Agreement (MSA Safety Inc)

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