Common use of Right to Consult Counsel Clause in Contracts

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it (who may be legal counsel for the Company), and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.

Appears in 27 contracts

Samples: Warrant Agreement (Parker Drilling Co /De/), Warrant Agreement (Danaos Corp), Warrant Agreement (Danaos Corp)

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Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it (who may be legal counsel for the Company), and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good absent gross negligence, willful misconduct, fraud or bad faith (each as determined by a final judgment of a court of competent jurisdiction) in accordance with the opinion or advice of such counsel.

Appears in 20 contracts

Samples: Warrant Agreement (Whiting Petroleum Corp), Warrant Agreement (Denbury Inc), Warrant Agreement (Civitas Resources, Inc.)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it (who may be legal counsel for the Company), and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder Warrantholder for any action taken, suffered or omitted by it in good the absence of bad faith in accordance with the opinion or advice of such counsel.

Appears in 15 contracts

Samples: Tranche 1 Warrant Agreement, Tranche 3 Warrant Agreement, Warrant Agreement (Valaris PLC)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it (who may be legal counsel for the Company), and the opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.

Appears in 8 contracts

Samples: Warrant Agreement (Carrier1 International S A), Dollar Warrant Agreement (Carrier1 International S A), Warrant Agreement (McCaw International LTD)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it (who may be legal counsel for the Company), and the Warrant Agent shall will incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the written opinion or advice of such counsel.

Appears in 5 contracts

Samples: Master Warrant Agreement (Seven Seas Petroleum Inc), Master Warrant Agreement (Seven Seas Petroleum Inc), Master Warrant Agreement (Seven Seas Petroleum Inc)

Right to Consult Counsel. The Warrant Agent may at any ------------------------ time consult 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 to the Warrant Agent shall incur no liability or responsibility as to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with such opinion; provided, however, that the opinion or advice Warrant Agent shall have exercised reasonable care -------- ------- in the selection of such counsel.

Appears in 5 contracts

Samples: Warrant Agreement (Golden State Bancorp Inc), Warrant Agreement (Golden State Bancorp Inc), Warrant Agreement (Golden State Bancorp Inc)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it (who may be legal counsel for the Company), and the written opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.

Appears in 4 contracts

Samples: Warrant Agreement (KMC Telecom Holdings Inc), Warrant Agreement (KMC Telecom Holdings Inc), Warrant Agreement (KMC Telecom Holdings Inc)

Right to Consult Counsel. The Warrant Agent may at any time consult with competent legal counsel satisfactory to it (who may be legal counsel for the Company)counsel, and the Warrant Agent shall incur no liability or responsibility to the Company or and to any Holder the Holders for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.

Appears in 4 contracts

Samples: Warrant Agreement (Wellsford Real Properties Inc), Warrant Agreement (Whwel Real Estate Lp), Warrant Agreement (Wellsford Real Properties Inc)

Right to Consult Counsel. The Warrant Agent may at any time ------------------------ consult with legal counsel satisfactory to it (who may be legal counsel for the CompanyBank), and the opinion of such counsel shall be full and complete authorization and protection to the Warrant Agent shall incur no liability or responsibility as to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with such opinion; provided, however, that the opinion or advice -------- ------- Warrant Agent shall have exercised reasonable care in the selection of such counsel.

Appears in 3 contracts

Samples: Warrant Agreement (Golden State Bancorp Inc), Warrant Agreement (Golden State Bancorp Inc), Warrant Agreement (Golden State Bancorp Inc)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel of its selection satisfactory to it (who may be legal counsel for the Company), and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.

Appears in 3 contracts

Samples: Warrant Agreement (Uniroyal Technology Corp), Warrant Agreement (Icf Kaiser International Inc), Warrant Agreement (Systems Applications International Inc)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory acceptable to it (who may be legal counsel for the Company), and the opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.

Appears in 3 contracts

Samples: Warrant Agreement (Immune Response Corp), Warrant Agreement (Cd Radio Inc), Warrant Agreement (Cd Radio Inc)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel of its selection satisfactory to it (who may be legal counsel for the Company), and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder registered holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.

Appears in 3 contracts

Samples: Warrant Agreement (Didax Inc), Warrant Agreement (General Credit Corp), Warrant Agreement (Streicher Mobile Fueling Inc)

Right to Consult Counsel. The Warrant Agent may at any time consult ------------------------ with legal counsel satisfactory to it (who may be legal counsel for the Company), and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.

Appears in 2 contracts

Samples: Warrant Agreement (Rf Monolithics Inc /De/), Warrant Agreement (PHP Healthcare Corp)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it of its selection (who may be legal counsel for the Company), and the opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or 42 38 to any Holder for any action taken, suffered or omitted by it in good faith without gross negligence in accordance with the written opinion or advice of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (Long Distance International Inc)

Right to Consult Counsel. The Warrant Agent may at any time ------------ ----------------------- consult with legal counsel satisfactory to it of its selection (who may be legal counsel for the Company), and the opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith without gross negligence in accordance with the written opinion or advice of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (TVN Entertainment Corp)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it (who may be legal counsel for the Company), and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.any

Appears in 1 contract

Samples: Warrant Agreement (Metrocall Inc)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it (who may be legal counsel for the Company), and the opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or as to any Holder for any action taken, suffered taken or omitted by it in good faith in accordance with the such opinion or advice of such counseladvice.

Appears in 1 contract

Samples: Warrant Agreement (AFG Holdings, Inc.)

Right to Consult Counsel. The Warrant Agent may at any ------------------------ time consult with legal counsel satisfactory to it of its selection (who may be legal counsel for the Company), and the opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith without gross negligence in accordance with the opinion or advice of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (Exide Corp)

Right to Consult Counsel. The Warrant Agent may at any ------------ ------------------------ time consult with legal counsel satisfactory to it (who may be legal counsel for the Company), and the opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (Scovill Holdings Inc)

Right to Consult Counsel. The Warrant Agent may at any time ------------------------ consult 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 to the Warrant Agent shall incur no liability or responsibility as to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with such opinion; provided, however, that the opinion or advice Warrant Agent shall have exercised reasonable care -------- ------- in the selection of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (Golden State Bancorp Inc)

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Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it of its selection (who may be legal counsel for the Company), and the opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith without gross negligence in accordance with the opinion or advice of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (Healthsouth Corp)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it (who may be legal counsel for the Company), and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder Warrantholder for any action taken, suffered or omitted by it in good faith in accordance with the written opinion or advice of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (Internap Corp)

Right to Consult Counsel. The Warrant Agent may at any time ------------------------ consult with legal counsel satisfactory to it (who may be legal counsel for the CompanyBank), and the opinion of such counsel shall be full and complete authorization and protection to the Warrant Agent shall incur no liability or responsibility as to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with such opinion; provided, however, that the opinion or advice Warrant Agent shall have exercised reasonable care in the selection of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (Golden State Bancorp Inc)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it (who may be legal counsel for the Company), ) and the opinion of such counsel will be full and complete authorization and protection to the Warrant Agent shall incur no liability or responsibility as to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with such opinion; provided, however, that the opinion or advice Warrant Agent will have exercised reasonable care in the selection of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (Dime Bancorp Inc)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it of its selection (who may be legal counsel for the Company), and the opinion of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (CFW Communications Co)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it (who may be legal counsel for the Company), and the advice or opinion of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.. 11.3

Appears in 1 contract

Samples: Warrant Agreement (Ascent Energy Inc)

Right to Consult Counsel. The Warrant Agent may at any ------------ ------------------------ time consult with legal counsel satisfactory to it of its selection (who may be legal counsel for the Company), and the written opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith without gross negligence in accordance with the written opinion or advice of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (Loudcloud Inc)

Right to Consult Counsel. The Warrant Agent may at ------------- ------------------------ any time consult with legal counsel satisfactory to it of its selection (who may be legal counsel for the Company), and the opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith without gross negligence in accordance with the written opinion or advice of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (Diva Systems Corp)

Right to Consult Counsel. The Warrant Agent may at any ------------ ------------------------ time consult with legal counsel satisfactory acceptable to it (who may be legal counsel for the Company), and the opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (Euronet Services Inc)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it of its selection (who may be legal counsel for the Company), and the written opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company or to any Holder for any action taken, suffered or omitted by it in good faith without gross negligence in accordance with the written opinion or advice of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (Allegiance Telecom Inc)

Right to Consult Counsel. The Warrant Agent may at any time consult with legal counsel satisfactory to it (who may be legal counsel for the Company), ) and the advice or opinion of such counsel will be full and complete authorization and protection to the Warrant Agent shall incur no liability or responsibility as to the Company or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion such advice or advice of such counselopinion.

Appears in 1 contract

Samples: Warrant Agreement (Washington Mutual Inc)

Right to Consult Counsel. The Before the Warrant Agent acts or refrains from acting, it may at any time consult with legal counsel satisfactory to it (who may be legal counsel for the CompanyHoldings), and the opinion or advice of such counsel shall be full and complete authorization and protection to the Warrant Agent and the Warrant Agent shall incur no liability or responsibility to the Company Holdings or to any Holder for any action taken, suffered or omitted by it in good faith in accordance with the opinion or advice of such counsel.

Appears in 1 contract

Samples: Warrant Agreement (Sterling Chemical Inc)

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