Common use of Agent’s retention of fees and expenses Clause in Contracts

Agent’s retention of fees and expenses. The Agent may retain for its own use and benefit (and shall not be liable to account to any Bank for all or any part of) any sums received by it by way of fees (and not payable to any Bank) or by way of reimbursement of expenses incurred by it.

Agent’s retention of fees and expenses. The Agent may retain for its own use and benefit (and shall not be liable to account to any Bank Lender for all or any part of) any sums received by it by way of fees (and not payable to any BankLender) or by way of reimbursement of expenses incurred by it.