Actions by Agents. The duties and responsibilities of each Agent hereunder are only those expressly set forth herein. The relationship between each Agent and the Banks is and shall be that of agent and principal only, and nothing contained in this Agreement or any of the other Loans Documents shall be construed to constitute either Agent as a trustee for any Bank. Without limiting the generality of the foregoing, no Agent shall be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article VI.
Actions by Agents. The obligations of the Agents hereunder are only those expressly set forth herein and neither the Agents nor the Co- Arrangers shall have or be deemed to have any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or otherwise exist with respect to the Agents or the Co-Arrangers. Without limiting the generality of the foregoing, no Agent shall be required to take any action with respect to any Default, except as expressly provided in Article 6 or Section 7.10. - ----
Actions by Agents. All rights and remedies of Landlord and Tenant under this Lease or that may be provided by law may be executed by the applicable party in its own name, individually, or in the name of its agent, and all legal proceedings for the enforcement of any such rights or remedies, including those set forth in SECTION 15, may be commenced and prosecuted to final judgment and execution by the applicable party in its own name or in the name of its agent. The applicable party will, upon the other's request, provide written evidence of the authority of any agent of Landlord to act on Landlord's behalf.
Actions by Agents. The obligations of the Administrative Agent and of the Syndication Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, neither the Administrative Agent nor the Syndication Agent shall be required to take any action with respect to any Default or Event of Default, except as expressly provided in Section 8.
Actions by Agents. The Agents shall be fully justified in failing or refusing to take any action under this Credit Agreement as they reasonably deem appropriate unless they shall first have received such advice or concurrence of the Lenders and shall be indemnified to its reasonable satisfaction by the Lenders against any and all liability and expense which may be incurred by them by reason of taking or continuing to take any such action. The Agents shall in all cases be fully protected in acting, or in refraining from acting, under this Credit Agreement or any of the Loan Documents in accordance with a request of the Lenders, and such request and any action taken or failure to act pursuant thereto shall be binding upon the Lenders and all future holders of the Notes or any Letter of Credit Participation.
Actions by Agents. Other than matters that are ministerial in nature (including, for example, maintaining the Register under Section 9.04(e) and taking perfection actions with respect to the Collateral), the Agents shall not take any action or exercise any powers (whether expressly contemplated by the terms of this Agreement or otherwise) except as directed in writing by the Required Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances) and in all cases they shall be fully justified in failing or refusing to act hereunder or under any other Loan Documents unless they shall (a) receive written instructions from the applicable percentage of Lenders (including, in the Agent’s discretion, instructions by e-mail from counsel to the Required Lenders) or the Lenders, as applicable, (or such other number or percentage of the Lenders as shall be required under the circumstances) specifying the action to be taken and (b) be indemnified to each of their satisfaction by the Lenders against any and all liability and expenses which may be incurred by it by reason of taking or continuing to take any such action. The instructions as aforesaid and any action taken or failure to act pursuant thereto shall be binding on all of the Lenders. If a Default has occurred and is continuing, then the Collateral Agent shall take such action with respect to such Default as shall be directed by the Administrative Agent (acting at the direction of the requisite Lenders in the written instructions (accompanied by indemnity satisfactory to the Administrative Agent or the Loan Administrator, as applicable) described in this Section 8.03), provided that, unless and until the Administrative Agent or the Loan Administrator (as applicable) shall have received such directions, the Agents may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default as it shall deem advisable in the best interests of the Lenders. In no event, however, shall the Agents be required to take any action which exposes either of them to personal liability or which is contrary to this Agreement, the Loan Documents or applicable law. The Agents shall not be liable for any action taken or not taken by either of them with the consent or at the request of the Required Lenders or the Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances), and otherwise the Agents shall not be liable for...
Actions by Agents. 82 Section 9.04. Consultation with Experts...................................................................... 83 Section 9.05.
Actions by Agents. The obligations of each of the Agents under the Financing Documents are only those expressly set forth therein with respect to it. Without limiting the generality of the foregoing, none of the Agents shall be required to take any action with respect to any Default, except as expressly provided in Article 8 hereof and in the Collateral Documents.
Actions by Agents. 68 10.3 Indemnification...........................................69 10.4 Reimbursement.............................................70 10.5 Non-Reliance on Agents and Other Lenders..................70 10.6 Resignation or Removal of an Agent........................71 10.7
Actions by Agents. (a) Each of the Agents shall be fully justified in failing or refusing to take any action under this Agreement as it reasonably deems appropriate unless it shall first have received such advice or concurrence of the Lenders and shall be indemnified to its reasonable satisfaction by the Lenders against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action. The Agents shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement or any of the Loan Documents in accordance with a request of the Lenders or the Majority Lenders, as the case may be, and such request and any action taken or failure to act pursuant thereto shall be binding upon the Lenders and all future holders of the Notes. Without limiting the generality of the foregoing, as among the Agents and the Lenders (but not for the benefit of the Borrowers), if and when the Administrative Agent exercises remedies under the Security Documents with respect to Collateral, the Administrative Agent will follow the directions, if any, of the Majority Lenders in determining which items and types of Collateral to dispose of and in what order.
