Common use of Administration Agent’s Reliance Clause in Contracts

Administration Agent’s Reliance. Neither the Administration Agent nor any of its directors, officers, agents or employees shall be liable to any Lender for any action taken or omitted to be taken by it under or in connection with this Agreement, except for its own negligence or wilful misconduct as determined by a court of competent jurisdiction. Without limiting the generality of the foregoing, the Administration Agent: