Liability and Indemnity. 17.2.1 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 10 contracts
Samples: Agreement (Hoegh LNG Holdings Ltd.), Bond Agreement, Bond Agreement (Navigator Holdings Ltd.)
Liability and Indemnity. 17.2.1 6.3.1. The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out forth in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 9 contracts
Samples: Agreement, Bond Agreement, Bond Agreement
Liability and Indemnity. 17.2.1 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out forth in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 8 contracts
Samples: www.sec.gov, Bond Agreement (Ship Finance International LTD), Bond Agreement
Liability and Indemnity. 17.2.1 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful willful misconduct by the Bond Trustee in performing its functions and duties as set out forth in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 8 contracts
Samples: Bond Agreement (Teekay Offshore Partners L.P.), Bond Agreement (Teekay LNG Partners L.P.), Bond Agreement (Teekay Corp)
Liability and Indemnity. 17.2.1 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 4 contracts
Samples: Bond Agreement, Bond Agreement, Amendment and Restatement Agreement
Liability and Indemnity. 17.2.1 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2Maximum Issue Amount. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 4 contracts
Samples: Bond Agreement, Bond Agreement, Bond Agreement
Liability and Indemnity. 17.2.1 21.2.1 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 2 contracts
Samples: Bond Agreement, www.oslobors.no
Liability and Indemnity. 17.2.1 (a) The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out in this Bond Agreement. Such liability is limited to the maximum amount of convertible Bonds issued as set out in Clause 2.2clause 2.3. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 1 contract
Samples: www.goldenocean.bm
Liability and Indemnity. 17.2.1 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.22.2 (The Bonds). The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 1 contract
Samples: Bond Agreement
Liability and Indemnity. 17.2.1 (a) The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful willful misconduct by the Bond Trustee in performing its functions and duties as set out in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.22.3. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 1 contract
Samples: Agreement
Liability and Indemnity. 17.2.1 17 .2 .1 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its L_4506015_Vl 25.03.14 30136 functions and duties as set out in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2Maximum Issue Amount. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 1 contract
Samples: Bond Agreement
Liability and Indemnity. 17.2.1 19.2.1 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out forth in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 1 contract
Liability and Indemnity. 17.2.1 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out forth in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 1 contract
Samples: Bond Agreement (Ocean Rig UDW Inc.)
Liability and Indemnity. 17.2.1 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.22.3. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 1 contract
Samples: Bond Agreement
Liability and Indemnity. 17.2.1 20.2.1 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out forth in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 1 contract
Samples: Bond Agreement (Golar LNG LTD)
Liability and Indemnity. 17.2.1 17.2.9 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 1 contract
Liability and Indemnity. 17.2.1 The Bond Trustee is liable only for direct losses incurred by the Bondholders or the Issuer as a result of gross negligence or wilful willful misconduct by the Bond Trustee in performing its functions and duties as set out forth in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 1 contract
Liability and Indemnity. 17.2.1 16.2.1 The Bond Trustee is liable only for direct losses incurred by Bondholders or the Issuer as a result of gross negligence or wilful misconduct by the Bond Trustee in performing its functions and duties as set out in this Bond Agreement. Such liability is limited to the maximum amount set out in Clause 2.2. The Bond Trustee is not liable for the content of information provided to the Bondholders on behalf of the Issuer.
Appears in 1 contract
Samples: Restatement Agreement