Common use of Actions Through Agents Clause in Contracts

Actions Through Agents. The Debt 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 Debt 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: Debt Warrant Agreement (Cccisg Capital Trust), Debt Warrant Agreement (Keyspan Trust I), Debt Warrant Agreement (Polaroid Corp)

AutoNDA by SimpleDocs

Actions Through Agents. The Debt 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 Debt 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 1 contract

Samples: Debt Warrant Agreement (Goodyear Capital Trust I)

AutoNDA by SimpleDocs

Actions Through Agents. The Debt 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 Debt 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 1 contract

Samples: Debt Warrant Agreement (Global Crossing LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!