Common use of Duties of the Agent and the Security Agent Clause in Contracts

Duties of the Agent and the Security Agent. (a) The Agent and the Security Agent shall promptly forward to a Party the original or a copy of any document which is delivered to the Agent or the Security Agent for that Party by any other Party. (b) Except where a Finance Document specifically provides otherwise, the Agent is not obliged to review or check the adequacy, accuracy or com­pleteness of any document it forwards to another Party. (c) If the Agent or the Security Agent receives notice from a Party referring to this Agreement, describing a Default and stating that the circumstance described is a Default, it shall promptly notify the Finance Parties. (d) If the Agent or the Security Agent is aware of the non-payment of any principal, interest, commitment fee or other fee payable to a Finance Party (other than the Agent, the Mandated Lead Arranger or the Security Agent) under this Agreement it shall promptly notify the other Finance Parties. (e) The Agent's and the Security Agent's duties under the Finance Docu- ments are solely mechanical and administrative in nature.

Duties of the Agent and the Security Agent. (a) The Agent and the Security Agent shall promptly forward to a Party the original or a copy of any document which is delivered to the Agent or the Security Agent for that Party by any other Party. (b) Except where a Finance Document specifically provides otherwise, the Agent is not obliged to review or check the adequacy, accuracy or com­pleteness completeness of any document it forwards to another Party. (c) If the Agent or the Security Agent receives notice from a Party referring to this Agreement, describing a Default and stating that the circumstance described is a Default, it shall promptly notify the Finance Parties. (d) If the Agent or the Security Agent is aware of the non-payment of any principal, interest, commitment fee or other fee payable to a Finance Party (other than the Agent, the Mandated Lead Arranger or the Security Agent) under this Agreement it shall promptly notify the other Finance Parties. (e) The Agent's and the Security Agent's duties under the Finance Docu- ments Documents are solely mechanical and administrative in nature.

Duties of the Agent and the Security Agent. (a) The Agent and the Security Agent's duties under the Finance Documents are solely mechanical and administrative in nature. b) Subject to paragraph c) below, the Agent shall promptly forward to a Party the original or a copy of any document which is delivered to the Agent or the Security Agent for that Party by any other Party. (bc) Except where a Finance Document specifically provides otherwise, the Agent is not obliged to review or check the adequacy, accuracy or com­pleteness completeness of any document it forwards to another Party. (cd) If the Agent or the Security Agent receives notice from a Party referring to this Agreement, describing a Default and stating that the circumstance described is a Default, it shall promptly notify the other Finance Parties. (de) If the Agent or the Security Agent is aware of the non-payment of any principal, interest, commitment fee or other fee payable to a Finance Party (other than the Agent, the Mandated Lead Arranger Agent or the Security AgentArranger) under this Agreement Agreement, it shall promptly notify the other Finance Parties. (ef) The Agent's Agent shall have only those duties, obligations and the Security Agent's duties under responsibilities expressly specified in the Finance Docu- ments are solely mechanical Documents to which it is expressed to be a party (and administrative in natureno others shall be implied).

Duties of the Agent and the Security Agent. (ai) The Agent and the Security Agent shall promptly forward to a Party the original or a copy of any document which is delivered to the Agent or the Security Agent for that Party by any other Party. (bii) Except where a Finance Document specifically provides otherwise, the Agent is not obliged to review or check the adequacy, accuracy or com­pleteness completeness of any document it forwards to another Party. (ciii) If the Agent or the Security Agent receives notice from a Party referring to this Agreement, describing a Default and stating that the circumstance described is a Default, it shall promptly notify the Finance Parties. (div) If the Agent or the Security Agent is aware of the non-payment of any principal, interest, commitment fee or other fee payable to a Finance Party (other than the Agent, the Mandated Lead Arranger or the Security Agent) under this Agreement it shall promptly notify the other Finance Parties. (ev) The Agent's and the Security Agent's duties under the Finance Docu- ments Documents are solely mechanical and administrative in nature.