Common use of Bank Liability Clause in Contracts

Bank Liability. In acting under this Agreement, the Bank shall not be liable to any Lender or Pledgor for any error of judgment, or for any act done or step taken or omitted by it in good faith, except for gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Landlord Access Agreement (Sola International Inc), Credit Agreement (Sola International Inc)

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Bank Liability. In acting under this Agreement, agreement the Bank shall not be liable to any Lender the Collateral Agent or Pledgor the Obligor for any error of judgment, or for any act done or step taken or omitted by it in good faith, except for the Bank's gross negligence or willful misconduct.

Appears in 1 contract

Samples: Credit Agreement (Crown Crafts Inc)

Bank Liability. In acting under this Agreement, the agreement Bank shall not be liable to any Lender the Agent, the Lenders or Pledgor Company for any error of judgment, or for any act done or step taken or omitted by it in good faith, except for gross negligence or willful misconduct.

Appears in 1 contract

Samples: Credit Agreement (FWT Inc)

Bank Liability. In acting under this Agreement, the agreement Bank shall not be liable to any Lender the Agent, the Lenders or Pledgor Company for any error of judgment, or for any act done or step taken or omitted by it in good faith, except for gross negligence or willful misconduct. 11.

Appears in 1 contract

Samples: Lockbox Agreement (FWT Inc)

Bank Liability. In acting under this Agreement, Agreement the Bank shall not be liable to any Lender the Administrative Agent, the Lenders or Pledgor the Borrowers for any error of judgment, or for any act done or step taken or omitted by it in good faith, except for gross negligence or willful misconduct.

Appears in 1 contract

Samples: Pledge Agreement (Wolverine Tube Inc)

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Bank Liability. In acting under this Agreement, agreement the Bank shall not be liable to any Lender the Agent, the Lenders or Pledgor the Borrower for any error of judgment, or for any act done or step taken or omitted by it in good faith, except for gross negligence or willful misconduct.. 143

Appears in 1 contract

Samples: Credit Agreement (Fresh Foods Inc)

Bank Liability. In acting under this Agreement, the Agreement Bank shall not be liable to any Lender the Agent, the Lenders or Pledgor Company for any error of judgment, or for any act done or step taken or omitted by it in good faith, except for gross negligence or willful misconduct.

Appears in 1 contract

Samples: Credit Agreement (Sunrise Medical Inc)

Bank Liability. In acting under this Agreement, agreement the Bank shall not be liable to any Lender the Agent, the Lenders or Pledgor the Borrower for any error of judgment, or for any act done or step taken or omitted by it in good faith, except for gross negligence or willful misconduct.

Appears in 1 contract

Samples: Credit Agreement (MST Enterprises Inc)

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