Actions Through Agents. The Warrant Agent may execute and exercise any of the rights or powers hereby vested in it or perform any duty hereunder either itself or by or through its attorneys or agents, and the Warrant Agent shall not be answerable or accountable for any act, default, neglect or misconduct of any such attorney or agent or for any loss to the Company resulting from such neglect or misconduct; provided, however, that reasonable care shall have been exercised in the selection and continued employment of such attorneys and agents.
Appears in 11 contracts
Samples: Warrant Agreement (Washington Mutual Capital Trust 2001), Warrant Agreement (Indymac Bancorp Inc), Warrant Agreement (Sovereign Bancorp Inc)
Actions Through Agents. The Warrant Agent may execute and exercise any of the rights or powers hereby vested in it or perform any duty hereunder either itself or by or through its attorneys or agents, and the Warrant Agent shall not be answerable or accountable for any act, default, neglect or misconduct of any such attorney or agent or for any loss to the Company resulting from such neglect or misconduct; provided, however, that reasonable care shall have been exercised in the selection and continued employment of such attorneys and agents.
Appears in 6 contracts
Samples: Warrant Agreement (New York Community Bancorp Inc), Warrant Agreement (New York Community Bancorp Inc), Warrant Agreement (New York Community Capital Trust I)
