Common use of Exclusion of Liabilities Clause in Contracts

Exclusion of Liabilities. The Agent does not accept any responsibility for the accuracy and/or completeness of information supplied by the Borrower in connection herewith or with any other Facility Document or for the legality, validity, effectiveness, adequacy or enforceability of this Agreement or any other Facility Document and the Agent shall not be under any liability as a result of taking or omitting to take any action in relation to this Agreement or any other Facility Document, save in the case of gross negligence or wilful misconduct.

Appears in 5 contracts

Samples: Senior Facility Agreement (General Maritime Corp), Junior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp)

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Exclusion of Liabilities. The Agent does not accept any responsibility for the accuracy and/or completeness of information supplied by the Borrower in connection herewith or with any other Facility Financing Document or for the legality, validity, effectiveness, adequacy or enforceability of this Agreement or any other Facility Financing Document and the Agent shall not be under any liability as a result of taking or omitting to take any action in relation to this Agreement or any other Facility Financing Document, save in the case of gross negligence or wilful misconduct.

Appears in 2 contracts

Samples: Junior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp)

Exclusion of Liabilities. The Agent does not accept any responsibility for the accuracy and/or completeness of information supplied by the Borrower Borrowers in connection herewith or with any other Facility Document or for the legality, validity, effectiveness, adequacy or enforceability of this Agreement or any other Facility Document and the Agent shall not be under any liability as a result of taking or omitting to take any action in relation to this Agreement or any other Facility Document, save in the case of gross negligence or wilful misconduct.

Appears in 2 contracts

Samples: Junior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp)

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Exclusion of Liabilities. The Agent does not accept any responsibility for the accuracy and/or completeness of information supplied by the Borrower or as the case may be, the Guarantor in connection herewith or with any other Facility Document or for the legality, validity, effectiveness, adequacy or enforceability of this Agreement or any other Facility Document and the Agent shall not be under any liability as a result of taking or omitting to take any action in relation to this Agreement or any other Facility Document, save in the case of gross negligence or wilful misconduct.

Appears in 1 contract

Samples: Junior Facility Agreement (General Maritime Corp)

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