Agent of the Issuer. In acting hereunder and in connection with the Notes, the Paying Agent, the Transfer Agent and the Registrar shall act solely as agents of the Issuer and will not thereby assume any obligations towards, or relationship of agency or trust for, any of the Holders.
Agent of the Issuer. (a) A Receiver will be deemed to be the agent of the Issuer for all purposes and accordingly will be deemed to be in the same position as a Receiver duly appointed by a mortgagee under the 1925 Act or the 1881 Act or the 1911 Act. The Issuer alone is responsible for the contracts, engagements, acts, omissions, defaults and losses of a Receiver and for liabilities incurred by a Receiver.
Agent of the Issuer. In acting under this Agreement and in connection with the Securities, except as specifically set forth in Section 9 hereof, the Fiscal Agent is acting solely as agent of the Issuer and does not assume any fiduciary obligation or relationship of agency or trust for or with any of the owners or Holders of the Securities, except that all funds held by the Fiscal Agent for payment of the principal of, and interest on, any Outstanding Securities shall be held in trust, but need not be segregated from other funds of the Fiscal Agent except as required by applicable law, and shall be applied as set forth herein and in such Securities; provided, however, that monies held by the Fiscal Agent in respect of the principal of, or interest on, Securities remaining unclaimed at the end of two years after such principal or interest shall have become due and payable shall be returned to the Issuer. Upon such repayment, the aforesaid trust with respect to such monies shall terminate and all liability of the Fiscal Agent with respect to such monies shall thereupon cease, and the Holders of such Securities shall thereafter look only to the Issuer for payment thereof.
Agent of the Issuer. Any Receiver shall be the agent of the Issuer for all purposes. If a liquidator of the Issuer is appointed, the Receiver shall act as principal and not as agent for the Security Trustee. The Issuer alone shall be responsible for the acts, defaults and misconduct of any Receiver and none of the Security Trustee nor any other Secured Creditor shall incur any liability therefore and none of the Security Trustee nor any other Secured Creditor shall be responsible for any misconduct or negligence on the part of any Receiver. Nevertheless, any Receiver shall, in the exercise of its powers, authorities and discretions conform to any regulations from time to time provided to it in writing by the Security Trustee.
Agent of the Issuer. Any Agent acts solely as the agent of the Issuer and does not assume any obligations towards or relationship of agency or trust for any Noteholder.
Agent of the Issuer. The Receiver shall be the agent of the Issuer and the Issuer alone shall be responsible for the Receiver’s contracts, engagements, acts, omissions, misconduct, negligence or default and for liabilities incurred by him and in no circumstances whatsoever shall the Trustee be in any way responsible for or incur any liability in connection with his contracts, engagements, acts, omissions, misconduct, negligence or default, and if a liquidator of the Issuer shall be appointed, the Receiver shall act as principal and not as agent for the Trustee.
