Safekeeping of Drafts. The responsibility of the Agent and the Lenders in respect of the safekeeping of Drafts, Bankers’ Acceptances and other bills of exchange which are delivered to any of them hereunder shall be limited to the exercise of the same degree of care which such party gives to its own property, provided that such party shall not be deemed to be an insurer thereof.
Appears in 5 contracts
Samples: Credit Agreement (Midamerican Funding LLC), Assignment and Assumption (Midamerican Funding LLC), Assignment and Assumption (Midamerican Funding LLC)
Safekeeping of Drafts. The responsibility of the Administrative Agent and the Lenders in respect of the safekeeping of Drafts, Bankers’ Acceptances Acceptances, Discount Notes and other bills of exchange which are delivered to any of them hereunder shall be limited to the exercise of the same degree of care which such party gives to its own property, provided that such party shall not be deemed to be an insurer thereof.
Appears in 2 contracts
Samples: Credit Agreement (Midamerican Funding LLC), Credit Agreement (Pacificorp /Or/)
Safekeeping of Drafts. The responsibility of the Agent and the Lenders in respect of the safekeeping of Drafts, Bankers’ ' Acceptances and other bills of exchange which are delivered to any of them hereunder shall be limited to the exercise of the same degree of care which such party gives to its own property, provided that such party shall not be deemed to be an insurer thereof.
Appears in 2 contracts
Samples: Credit Agreement (Berkshire Hathaway Energy Co), Credit Agreement (Berkshire Hathaway Energy Co)
Safekeeping of Drafts. The responsibility of the Administrative Agent and the Lenders in respect of the safekeeping of Drafts, Bankers’ Acceptances Acceptances, Discount Notes and other bills of exchange which are delivered to any of them hereunder shall be limited to the exercise of the same degree of care which such party gives to its own property, provided that such party shall not be deemed to be an insurer thereof.. LEGAL_1:60252742.8
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Safekeeping of Drafts. The responsibility of the Administrative Agent and the Lenders in respect of the safekeeping of Drafts, Bankers’ Acceptances ' Acceptances, Discount Notes and other bills of exchange which are delivered to any of them hereunder shall be limited to the exercise of the same degree of care which such party gives to its own property, provided that such party shall not be deemed to be an insurer thereof.
Appears in 1 contract
