Common use of Agents and Attorneys-in-Fact Clause in Contracts

Agents and Attorneys-in-Fact. The Trustee may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the gross negligence or willful misconduct of any such agents or attorneys-in-fact selected by it in good faith.

Appears in 6 contracts

Samples: Global Security Agreement (Global Crossing LTD), Affiliate Subordination Agreement (Global Crossing Uk Telecommunications LTD), Intercreditor Agreement (Global Crossing North America Inc)

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Agents and Attorneys-in-Fact. The Trustee may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the gross negligence or willful misconduct of any such agents or attorneys-in-fact selected by it in good faith. The reasonable fees and expenses of such agents and attorneys shall be reimbursed pursuant to Section 5.04 hereof.

Appears in 4 contracts

Samples: Global Security Agreement (Global Crossing LTD), Global Security Agreement (Global Crossing LTD), Security Agreement (Global Crossing LTD)

Agents and Attorneys-in-Fact. The Collateral Trustee may employ agents and attorneys-in-fact in connection herewith and shall not be responsible or liable for the gross negligence or willful misconduct of any such agents or attorneys-in-fact selected by it in good faith.

Appears in 4 contracts

Samples: Pledge Agreement (Midwest Generation LLC), Interests Pledge Agreement (Midwest Generation LLC), Security Agreement (Midwest Generation LLC)

Agents and Attorneys-in-Fact. The Trustee may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the gross negligence or willful misconduct of any such agents or attorneys-in-fact selected by it in good faith.

Appears in 3 contracts

Samples: Security Agreement (NewStar Financial, Inc.), Pledge and Security Agreement (Brooke Group LTD), Security Agreement (Northeast Generation Co)

Agents and Attorneys-in-Fact. The Trustee may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the gross negligence or willful misconduct of any such agents or attorneys-in-fact selected by it in good faithwith due care.

Appears in 2 contracts

Samples: Security Agreement (Velocity Express Corp), Junior Security Agreement (Solutia Inc)

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Agents and Attorneys-in-Fact. The Collateral Trustee may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the gross negligence or willful misconduct of any such agents or attorneys-in-fact selected by it in good faith.

Appears in 2 contracts

Samples: Shared Security Agreement (Panamsat Corp /New/), Sharing Security Agreement (Solutia Inc)

Agents and Attorneys-in-Fact. The Collateral Trustee may employ agents and attorneys-in-fact in connection herewith and shall not be responsible for the gross negligence or willful misconduct of any such agents or attorneys-in-fact selected by it in good faithpursuant to the exercise of reasonable care.

Appears in 1 contract

Samples: Collateral Trust and Security Agreement (Southern Peru LTD)

Agents and Attorneys-in-Fact. The Trustee may employ ---------------------------- agents and attorneys-in-fact in connection herewith and shall not be responsible for the gross negligence or willful misconduct of any such agents or attorneys-in-fact selected by it in good faithwith due care.

Appears in 1 contract

Samples: And Novated Junior Security Agreement (Solutia Inc)

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