Common use of Action in Good Faith, etc Clause in Contracts

Action in Good Faith, etc. The Collateral Agents and their officers, directors, employees and agents shall be under no liability to any of the Note Purchasers or to any future holder of any Notes for any action or failure to act taken or suffered in good faith, and any action or failure to act in accordance with an opinion of its counsel shall conclusively be deemed to be in good faith. The Collateral Agents shall in all cases be entitled to rely, and shall be fully protected in relying, on instructions given to the Collateral Agent by the Required Purchasers. The Collateral Agents may execute releases and other collateral termination documents with respect to assets disposed of by the Note Parties as permitted by this Agreement.

Action in Good Faith, etc. The Collateral Agents Agent and their its officers, directors, employees and agents shall be under no liability to any of the Note Purchasers or to any future holder of any Notes for any action or failure to act taken or suffered in good faith, and any action or failure to act in accordance with an opinion of its counsel shall conclusively be deemed to be in good faith. The Collateral Agents Agent shall in all cases be entitled to rely, and shall be fully protected in relying, on instructions given to the Collateral Agent by the Required Purchasers. The Collateral Agents Agent may execute releases and other collateral termination documents with respect to assets disposed of by the Note Parties as permitted by this Agreement.

Action in Good Faith, etc. The Collateral Agents Agent and their its officers, directors, employees and agents shall be under have no liability to any of the Note Purchasers Buyers or to any future holder of any Notes for any action or failure to act taken or suffered in good faith, and any action or failure to act in accordance with an opinion of its counsel shall conclusively be deemed to be in good faith. The Collateral Agents Agent shall in all cases be entitled to rely, and shall be fully protected in relying, on instructions given to the Collateral Agent by the Required PurchasersMajority Noteholders. The Collateral Agents Agent may execute releases and other collateral termination documents with respect to assets disposed of by the Note Parties Company as permitted by this Agreement.