Common use of Limitations of Duties Clause in Contracts

Limitations of Duties. 8.1. The ADS Rights Agent shall have no duties or obligations nor shall it be subject to any liability under this Agreement or the transactions contemplated by this Agreement, except that it shall perform its duties specifically set forth in this Agreement without gross negligence or willful misconduct, and no implied duties or obligations shall be read into this Agreement against the ADS Rights Agent.

Appears in 2 contracts

Samples: Rights Agency Agreement (Lan Airlines SA), Rights Agency Agreement (Genesys Sa)

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Limitations of Duties. 8.1. 8.1 The ADS Rights Agent shall have no duties or obligations nor shall it be subject to any liability under this Agreement or the transactions contemplated by this Agreement, except that it shall perform its duties specifically set forth in this Agreement without gross negligence or willful misconduct, and no implied duties or obligations shall be read into this Agreement against the ADS Rights Agent.

Appears in 1 contract

Samples: Rights Agency Agreement (Masisa S.A.)

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Limitations of Duties. 8.1. The ADS Rights Warrant Agent shall have no duties or obligations nor shall it be subject to any liability under this Agreement or the transactions contemplated by this Agreement, except that it shall perform its duties specifically set forth in this Agreement without gross negligence or willful misconduct, and no implied duties or obligations shall be read into this Agreement against the ADS Rights Warrant Agent.

Appears in 1 contract

Samples: Form of Warrant Agency Agreement (Genesys Sa)

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