Common use of Limitation of Liability of Lenders Clause in Contracts

Limitation of Liability of Lenders. No Lender or any Participant shall incur any liability to any other Lender or Participant except for acts or omissions in bad faith, and no Lender or any Participant shall incur any liability to any Company or any other Person for any act or omission of any other Lender or any Participant.

Appears in 4 contracts

Samples: Credit Agreement (Centurytel Inc), Credit Agreement (Centurytel Inc), Agreement (Century Telephone Enterprises Inc)

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Limitation of Liability of Lenders. No To the extent permitted by law, (a) neither any Lender or nor any Participant shall incur any liability to any other Lender or Participant except for acts or omissions in bad faith, and no (b) neither Administrative Agent nor any Lender or any Participant shall incur any liability to Borrower, any Company Guarantor Subsidiary or any other Person for any act or omission of any other Lender or any Participant.

Appears in 3 contracts

Samples: Credit Agreement (Camden Property Trust), Credit Agreement (Camden Property Trust), Credit Agreement (Camden Property Trust)

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Limitation of Liability of Lenders. No To the extent permitted by law, (a) neither any Agent nor any Lender or any Participant participant of a Lender shall incur any liability to any other Lender or Participant participant of a Lender except for acts or omissions in bad faith, and no (b) neither any Agent nor any Lender or any Participant participant of a Lender shall incur any liability to any Company Borrower, Guarantors or any other Person for any act or omission of any other Lender or any Participantparticipant.

Appears in 2 contracts

Samples: Credit Agreement (Amresco Inc), Credit Agreement (Amresco Inc)

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