Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 74 contracts
Samples: Warrant Indenture, Warrant Indenture (Bunker Hill Mining Corp.), Warrant Indenture
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith and exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 23 contracts
Samples: Warrant Indenture (Vox Royalty Corp.), Warrant Indenture (Medicenna Therapeutics Corp.), Warrant Indenture (Medicenna Therapeutics Corp.)
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith and exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross grossly negligent action, wilful willful misconduct, bad faith or fraud under this Indenturefraud.
Appears in 17 contracts
Samples: Warrant Indenture (Harvest Health & Recreation Inc.), Warrant Indenture (Harvest Health & Recreation Inc.), Columbia Care Inc.
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 16 contracts
Samples: Warrant Indenture (TerrAscend Corp.), Warrant Indenture (TerrAscend Corp.), Warrant Indenture (Encore Energy Corp.)
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith and exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 16 contracts
Samples: Warrant Indenture (Aeterna Zentaris Inc.), Warrant Indenture (CLS Holdings USA, Inc.), Warrant Indenture (CLS Holdings USA, Inc.)
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 11 contracts
Samples: Warrant Indenture (mCloud Technologies Corp.), Warrant Indenture (mCloud Technologies Corp.), Warrant Indenture (mCloud Technologies Corp.)
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful willful misconduct, bad faith or fraud under this Indenture.
Appears in 9 contracts
Samples: Schedules (enCore Energy Corp.), enCore Energy Corp., webfiles.thecse.com
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indentureindenture, the Warrant Agent shall act honestly and in good faith with a view to the best interests of the Warrantholders and shall exercise that the degree of care, diligence and skill that a reasonably prudent warrant agent trustee would exercise in comparable circumstances. No provision of this Indenture indenture shall be construed to relieve the Warrant Agent from from, or require any other person to indemnify the Warrant Agent against liability for its own gross negligent actionnegligence, wilful misconduct, misconduct or bad faith or fraud under this Indenturefaith.
Appears in 6 contracts
Samples: Warrant (Goldcorp Inc), Common Share Purchase Warrant Indenture (Goldcorp Inc), Warrant (Goldcorp Inc)
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful misconduct, bad faith or fraud under this Indenturefraud.
Appears in 6 contracts
Samples: Indenture (Algernon Pharmaceuticals Inc.), Indenture (Algernon Pharmaceuticals Inc.), sedar-filings-backup.thecse.com
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith and exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful willful misconduct, bad faith or fraud under this Indenture.
Appears in 4 contracts
Samples: webfiles.thecse.com, sedar-filings-backup.thecse.com, Warrant Indenture
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful willful misconduct, bad faith or fraud under this Indenture.
Appears in 4 contracts
Samples: Warrant Indenture (Osisko Development Corp.), Osisko Development Corp., Aleafia Health Inc.
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith with a view to the best interests of the Warrantholders and shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful willful misconduct, bad faith or fraud under this Indenture.
Appears in 4 contracts
Samples: Warrant Indenture (Logiq, Inc.), webfiles.thecse.com, Warrant Indenture (Canadian Zinc Corp)
Rights and Duties of Warrant Agent. (1) In the exercise of the rights rights, duties and duties obligations prescribed or conferred by the terms of this Indenture, the Warrant Agent shall will act honestly and in good faith with a view to the best interests of the Warrantholders and will exercise that degree of care, diligence and skill that a reasonably prudent warrant agent Warrant Agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 4 contracts
Samples: Warrant Indenture (Adherex Technologies Inc), Warrant Indenture (Vuzix Corp), Warrant Indenture (Vuzix Corp)
Rights and Duties of Warrant Agent. (1) 9.1.1 In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful willful misconduct, bad faith or fraud under this Indenture.
Appears in 3 contracts
Samples: Warrant Indenture, Warrant Indenture (Amaya Gaming Group Inc.), Warrant Indenture (Amaya Gaming Group Inc.)
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of contained in this IndentureAgreement, the Warrant Agent shall act in good faith and in the best interests of the Warrant holders and shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of in this Indenture Agreement shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful misconduct, willful misconduct or bad faith or fraud under this Indenturefaith.
Appears in 3 contracts
Samples: Warrant Agreement (Masonite International Corp), Warrant Agreement (Masonite International Corp), Warrant Agreement (Masonite International Corp)
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith and exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful willful misconduct, bad faith or fraud under this Indenture.
Appears in 2 contracts
Samples: Warrant Indenture, Warrant Indenture
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful willful misconduct, bad faith or fraud under this Indenturefraud.
Appears in 2 contracts
Samples: webfiles.thecse.com, webfiles.thecse.com
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 2 contracts
Samples: Warrant Indenture (Augusta Gold Corp.), Warrant Indenture (Vista Gold Corp)
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith and exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful misconduct, bad faith or fraud under this Indenturefraud.
Appears in 2 contracts
Samples: Nepra Foods, sedar-filings.thecse.com
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful willful misconduct, bad faith or fraud under this Indenture.
Appears in 2 contracts
Samples: Warrant Indenture (Bunker Hill Mining Corp.), Warrant Indenture (Bunker Hill Mining Corp.)
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith and exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful willful misconduct, bad faith or fraud under this Indenturefraud.
Appears in 2 contracts
Samples: Warrant Indenture (First Person Ltd.), webfiles.thecse.com
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith with a view to the best interests of the Warrantholders and shall exercise that the degree of care, diligence and skill that a reasonably prudent warrant agent trustee would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from from, or require any other person to indemnify the Warrant Agent against liability for its own gross negligent actionnegligence, wilful misconduct, misconduct or bad faith or fraud under this Indenturefaith.
Appears in 2 contracts
Samples: Warrant (Peru Copper Inc.), Warrant (Peru Copper Inc)
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 2 contracts
Samples: Cohbar, Inc., Cohbar, Inc.
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indentureindenture, the Warrant Agent shall act honestly and in good faith with a view to the best interests of the Warrantholders and shall exercise that the degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture indenture shall be construed to relieve the Warrant Agent from from, or require any other person to indemnify the Warrant Agent against liability for its own gross negligent actionnegligence, wilful misconduct, misconduct or bad faith or fraud under this Indenturefaith.
Appears in 2 contracts
Samples: New Gold Inc. /FI, New Gold Inc. /FI
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from from, or require any other person to indemnify the Warrant Agent against, liability for its own gross negligent action, wilful willful misconduct, bad faith or fraud under this Indenture.
Appears in 2 contracts
Samples: s28.q4cdn.com, s21.q4cdn.com
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall will act honestly and in good faith and will exercise that the degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall will be construed to relieve the Warrant Agent from from, or require any other person to indemnify the Warrant Agent against liability for its own gross negligent actionnegligence, wilful misconduct, bad faith misconduct or fraud under this Indenturefraud.
Appears in 2 contracts
Samples: MIGENIX Inc., MIGENIX Inc.
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith with a view to the best interests of the Registered Warrantholders and shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 2 contracts
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith and exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful willful misconduct, bad faith or fraud under this Indenture.Indenture.β
Appears in 1 contract
Samples: Warrant Indenture
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross grossly negligent action, wilful misconduct, bad faith or fraud under this Indenturefraud.
Appears in 1 contract
Samples: sec.report
Rights and Duties of Warrant Agent. (1) 9.2.1 In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 1 contract
Samples: Oceanus Resources Corporation
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful misconduct, bad faith or fraud under this Indenturefraud.
Appears in 1 contract
Rights and Duties of Warrant Agent. (1) In 8.1.1 By way of supplement to the provisions of any statute for the time being relating to warrant agents, and notwithstanding any other provision of this Indenture, in the exercise of the rights rights, duties and duties obligations prescribed or conferred by the terms of this Indenture, the Warrant Agent shall will act honestly and in good faith with a view to the best interests of the Warrantholders and will exercise that degree of care, diligence and skill that a reasonably prudent warrant agent Warrant Agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 1 contract
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence , wilful misconduct, bad faith or fraud under this Indenture.
Appears in 1 contract
Samples: webfiles.thecse.com
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indentureindenture, the Warrant Agent shall act honestly and in good faith with a view to the best interests of the Warrantholders and shall exercise that the degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture indenture shall be construed to relieve the Warrant Agent from from, or require any other person to indemnify the Warrant Agent against liability for its own gross negligent actionnegligence, wilful misconduct, misconduct or bad faith or fraud under this Indenturefaith.
Appears in 1 contract
Samples: Silver Wheaton Corp.
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent Warrant Agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own fraud, gross negligent action, wilful action or its own willful misconduct, bad faith or fraud under this Indenture.
Appears in 1 contract
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful willful misconduct, bad faith or fraud under this Indenturefraud.
Appears in 1 contract
Samples: sec.report
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent trustee would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful misconduct, bad faith misconduct or fraud under this Indenturefraud.
Appears in 1 contract
Samples: www.otcmarkets.com
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful misconduct, bad faith misconduct or fraud under this Indenture.
Appears in 1 contract
Samples: webfiles.thecse.com
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful misconduct, misconduct or bad faith or fraud under this Indenture.
Appears in 1 contract
Samples: webfiles.thecse.com
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own Indenture. gross negligent action, wilful misconduct, bad faith or fraud under this Indenture.this
Appears in 1 contract
Samples: webfiles.thecse.com
Rights and Duties of Warrant Agent. (1) 9.2.1 In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith with a view to the best interests of the Registered Warrantholders and shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 1 contract
Samples: Champion Gold
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith with a view to the best interests of the Warrantholders and shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful misconduct, bad faith willful misconduct or fraud under this Indenture.
Appears in 1 contract
Samples: Warrant Indenture
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of this Supplemental Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent trustee would exercise in comparable circumstances. No provision of this Indenture The Warrant Agent shall be construed to relieve the Warrant Agent from liability liable only for its own gross negligent actionnegligence, or its own wilful misconduct, misconduct or bad faith or fraud under this Indenturefaith.
Appears in 1 contract
Samples: Supplemental Warrant Indenture (Gran Tierra Energy, Inc.)
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall act honestly and in good faith and exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from liability for its own gross negligent action, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 1 contract
Samples: Polymet Mining Corp
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture The Warrant Agent shall be construed to relieve the Warrant Agent from liability liable only for its own gross negligent actionnegligence, wilful misconduct, bad faith misconduct or fraud under this Indenturefraud.
Appears in 1 contract
Samples: webfiles.thecse.com
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture shall be construed to relieve the Warrant Agent from from, or require any other person to indemnify the Warrant Agent against, liability for its own gross negligent action, wilful misconduct, bad faith or fraud under this Indenture.
Appears in 1 contract
Samples: Warrant Indenture (Banro Corp)
Rights and Duties of Warrant Agent. (1a) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenture, the Warrant Agent shall exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture The Warrant Agent shall be construed to relieve the Warrant Agent from liability liable only for its own gross negligent action, negligence wilful misconduct, bad faith misconduct or fraud under this Indenturefraud.
Appears in 1 contract
Samples: Odyssey Trust Company
Rights and Duties of Warrant Agent. (1) In the exercise of the rights and duties prescribed or conferred by the terms of this Indenturehereof, the Warrant Agent shall act honestly and in good faith and exercise that degree of care, diligence and skill that a reasonably prudent warrant agent would exercise in comparable circumstances. No provision of this Indenture hereof shall be construed to relieve the Warrant Agent from liability for its own gross negligent actionnegligence, wilful misconduct, bad faith or fraud under this Indenturehereunder.
Appears in 1 contract