RESPONSIBILITY OF THE PAYING AGENTS Sample Clauses

RESPONSIBILITY OF THE PAYING AGENTS. 17.1 No Paying Agent shall be responsible to anyone with respect to the validity of this Agreement or the Notes or Coupons or for any act or omission by it in connection with this Agreement or any Note or Coupon except for its own gross negligence, wilful default or fraud, including that of its officers and employees.
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RESPONSIBILITY OF THE PAYING AGENTS. 18.1 Notwithstanding anything to the contrary in this Agreement or the Bonds or Coupons no Paying Agent shall be responsible or liable to anyone with respect to the validity of this Agreement or the Bonds or Coupons or for any act or omission by it in connection with this Agreement or any Bond or Coupon except for its own negligence or wilful misconduct, including that of its officers and employees.
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