Agent of Company. Any Receiver shall be the agent of the Company for all purposes and the Company shall be solely responsible for such Receiver's contracts, engagements, acts, omissions, defaults and losses and for all liabilities incurred by him.
Appears in 3 contracts
Samples: Chaparral Resources Inc, Chaparral Resources Inc, Chaparral Resources Inc
Agent of Company. Any Receiver shall be the agent of the Company for all purposes and the Company alone shall be solely responsible for such Receiver's his contracts, engagements, acts, omissions, defaults and losses and for all liabilities incurred by himhim in the absence of gross negligence or willful misconduct.
Appears in 1 contract
Samples: Security Agreement (Veritas DGC Inc)
Agent of Company. Any Receiver shall be the agent of the Company for all purposes and the Company alone shall be solely responsible for such Receiver's his contracts, engagements, acts, omissions, defaults and losses and for all liabilities incurred by himhim in the absence of gross negligence or wilful misconduct.
Appears in 1 contract
Samples: Security Agreement (Veritas DGC Inc)
Agent of Company. Any Receiver shall be the agent of the Company for all purposes and the purposes. The Company alone shall be solely responsible for such of the Receiver's contracts, engagements, acts, omissions, defaults and losses and for all liabilities incurred by himthe Receiver save where such arise directly from the gross negligence or wilful default of the Receiver.
Appears in 1 contract
Samples: Senetek PLC /Eng/