Common use of Limitations on Liabilities of the Warrant Agent Clause in Contracts

Limitations on Liabilities of the Warrant Agent. (a) The Warrant Agent may consult with legal counsel (who may be legal counsel for the Company), and the opinion of such counsel shall be full and complete authorization and protection of the Warrant Agent as to any action taken or omitted by it in good faith and in accordance with such opinion.

Appears in 17 contracts

Samples: Warrant Agreement (Wits Basin Precious Minerals Inc), Warrant Agreement (PPT Vision Inc), Warrant Agreement (PPT Vision Inc)

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Limitations on Liabilities of the Warrant Agent. (a) The Warrant Agent may consult at any time with legal counsel satisfactory to it (who may be legal counsel for the Company), and the opinion of such counsel shall be full and complete authorization and protection of the Warrant Agent as shall incur no liability or responsibility to the Company or to any holder of any Warrant in respect of any action taken taken, suffered or omitted by it hereunder in good faith and in accordance with the opinion of such opinioncounsel.

Appears in 2 contracts

Samples: Warrant Agreement (PDS Financial Corp), Warrant Agreement (PDS Financial Corp)

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