Common use of Own Funds Clause in Contracts

Own Funds. The Collateral Agent shall not be under any obligation to take any action other than as expressly set forth in this Common Agreement or the other Loan Documents to which it is a party that involves any expense or liability, the payment of which, within a reasonable time, is not, in the reasonable opinion of the Collateral Agent, assured to it. Nothing in this Common Agreement shall be interpreted to require the Collateral Agent to advance or expend its own funds to make any payments hereunder. The Collateral Agent shall not be required to invest, or be under any liability for interest, on any monies at any time received by it pursuant to any of the provisions of this Common Agreement, except as otherwise expressly provided herein or in any other Loan Document to which it is a party.

Own Funds. The Collateral Agent shall not be under any obligation to take any action other than as expressly set forth in this Common Agreement or the other Loan Documents to which it is a party that involves any expense or liability, the payment of which, within a reasonable time, is not, in the reasonable opinion of the Collateral Agent, assured to it. Nothing in this Common Agreement shall be interpreted to require the Collateral Agent to advance or expend its own funds to make any payments hereunder. The Collateral Agent shall not be required to invest, or be under any liability for interest, on any monies at any time received by it pursuant to any of the provisions of this Common Agreement, except as otherwise expressly provided herein or in any other Loan Document to which it is a party.

Own Funds. The Collateral Agent shall not be under any obligation to take any action other than as expressly set forth in this Common Loan Guarantee Agreement or the other Loan Documents to which it is a party that involves any expense or liability, the payment of which, within a reasonable time, is not, in the reasonable opinion of the Collateral Agent, assured to it. Nothing in this Common Loan Guarantee Agreement shall be interpreted to require the Collateral Agent to advance or expend its own funds to make any payments hereunder. The Collateral Agent shall not be required to invest, or be under any liability for interest, on any monies at any time received by it pursuant to any of the provisions of this Common Loan Guarantee Agreement, except as otherwise expressly provided herein or in any other Loan Document to which it is a party.