Common use of Limited Agency Clause in Contracts

Limited Agency. Notwithstanding any provision to the contrary set forth elsewhere in this Agreement or any document related hereto, the Collateral Agent shall not have any duties or responsibilities in its capacity as Collateral Agent except those expressly set forth herein or therein, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or the First Mortgage Bond Documents or otherwise exist against the Collateral Agent.

Appears in 15 contracts

Sources: Note Purchase Agreement (New Jersey Resources Corp), Note Purchase Agreement (New Jersey Resources Corp), Note Purchase Agreement (New Jersey Resources Corp)

Limited Agency. Notwithstanding any provision to the contrary set forth elsewhere in this Agreement or any document related heretoPledge Agreement, the Collateral Agent shall not have any duties or responsibilities in its capacity as Collateral Agent except those expressly set forth herein or therein, or any fiduciary relationship with any Payee, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Pledge Agreement or the First Mortgage Bond Documents or otherwise exist against the Collateral Agent.

Appears in 2 contracts

Sources: Pledge Agreement (Evolving Systems Inc), Pledge Agreement (Evolving Systems Inc)

Limited Agency. Notwithstanding any provision to the contrary set forth elsewhere in this Agreement or any document related heretoSecurity Agreement, the Collateral Agent shall not have any duties or responsibilities in its capacity as Collateral Agent except those expressly set forth herein or therein, or any fiduciary relationship with any Payee, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Security Agreement or the First Mortgage Bond Documents or otherwise exist against the Collateral Agent.

Appears in 2 contracts

Sources: Security Agreement (Evolving Systems Inc), Security Agreement (Evolving Systems Inc)

Limited Agency. Notwithstanding any provision to the contrary set forth elsewhere in this Agreement or any document related heretothe Security Documents, the Collateral Agent shall not have any duties or responsibilities in its capacity as Collateral Agent except those expressly set forth herein or thereintherein or any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations duties or liabilities shall be read into this Agreement or the First Mortgage Bond Documents any Security Document or otherwise exist against the Collateral Agent.

Appears in 1 contract

Sources: Note Issuance Agreement (Advancis Pharmaceutical Corp)