Common use of Consultation with Experts Clause in Contracts

Consultation with Experts. The Agent shall be entitled to retain and consult with legal counsel, independent public accountants and other experts selected by it and shall not be liable to the Banks for any action taken, omitted to be taken or suffered in good faith by it in accordance with the advice of such counsel, accountants or experts. The Agent may employ agents and attorneys-in-fact and shall not be liable to the Banks for the default or misconduct of any such agents or attorneys.

Appears in 9 contracts

Samples: Credit Agreement (COURIER Corp), Credit Agreement (Municipal Mortgage & Equity LLC), Revolving Credit Agreement (Courier Corp)

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Consultation with Experts. The Agent shall be entitled to retain and consult with legal counsel, independent public accountants and other experts selected by it and shall not be liable to the Banks Lenders for any action taken, omitted to be taken or suffered in good faith by it in accordance with the advice of such counsel, accountants or experts. The Agent may employ agents and attorneys-in-fact and shall not be liable to the Banks Lenders for the default or misconduct of any such agents or attorneys.

Appears in 3 contracts

Samples: Credit and Security Agreement (Allou Health & Beauty Care Inc), Credit and Security Agreement (Allou Health & Beauty Care Inc), Revolving Credit Agreement (Guess Inc Et Al/Ca/)

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