Common use of Certain Rights of the Paying Agent Clause in Contracts

Certain Rights of the Paying Agent. (a) The Paying Agent may consult at any time with legal counsel satisfactory to it, and the Paying Agent shall incur no liability or responsibility to the Company or to the Committee in respect of any action taken or not taken in connection with this Agreement, except to the extent of its gross negligence or willful misconduct.

Certain Rights of the Paying Agent. (a) The Paying Agent may consult at any time with legal counsel satisfactory to it, and the Paying Agent shall incur no liability or responsibility to the Company or to the Committee in respect of any action taken or not taken in connection with this Agreement, except to the extent of its gross negligence negligence, bad faith or willful misconduct.

Certain Rights of the Paying Agent. (a) The Paying Agent may consult at any time with legal counsel satisfactory to it, and the Paying Agent shall incur no liability or responsibility to the Company or to the Committee in respect of any action taken taken, suffered or not taken omitted by it hereunder in connection good faith and in accordance with this Agreement, except to the extent opinion or the advice of its gross negligence or willful misconductsuch counsel.