Common use of Agent Not Liable Clause in Contracts

Agent Not Liable. The Agent shall not in any way be held liable by reason of any insufficiency in the Collection Account or the Liquidation Collection Account resulting from losses on investments made in accordance with the provisions of this Section 3.09 (but the Agent shall at all times remain liable for its own debt obligations, if any, constituting part of such investments). The Agent shall not be liable for any investment made by it in accordance with this Section 3.09 on the grounds that it could have made a more favorable investment.

Agent Not Liable. The Agent shall not in any way be held liable by reason of any insufficiency in the Collection Account or the Liquidation Collection Account resulting from losses on investments made in accordance with the provisions of this Section 3.09 (but the Agent shall at all times remain liable for its own debt obligations, if any, constituting part of such investments). The Agent shall not be liable for any investment made by it in accordance with this Section 3.09 on the grounds that it could have made a more favorable investment.could

Agent Not Liable. The Agent shall not in any way be held liable by reason of any insufficiency in the Collection Account or the Liquidation Collection Account Accounts resulting from losses on investments in Eligible Investments made both (i) pursuant to a Borrower Order reasonably believed to be genuine and correct and to have been signed or sent by the proper Person and (ii) in accordance with the provisions of this Section 3.09 3.01 (but the institution serving as Agent shall at all times remain liable for its own debt obligations, if any, constituting part of such investments). The Agent shall not be liable for any investment made by it in accordance with this Section 3.09 on the grounds that it could have made a more favorable investment.

Agent Not Liable. The Agent shall not in any way be held liable by reason of any insufficiency in the Collection Account or the Liquidation Collection Cash Collateral Account resulting from losses on investments made in accordance with the provisions of this Section 3.09 4.3 (but the institution serving as Agent shall at all times remain liable for its own debt obligations, if any, constituting part of such investments). The Agent shall not be liable for any investment made by it in accordance with this Section 3.09 4.3 on the grounds that it could have made a more favorable investment.