Common use of DUTY OF CARE OF THE BANK Clause in Contracts

DUTY OF CARE OF THE BANK. The Bank shall exercise due care when providing services. In its provision of services the Bank shall take the Customer's interests into account to the best of its ability, on the understanding that the Bank is not obliged to make use of non-public information known to the Bank, including information which may affect prices.

Appears in 5 contracts

Samples: Credit Agreement (FreeSeas Inc.), Exchangeable Loan Agreement (Vedior Nv), Credit Agreement (FreeSeas Inc.)

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DUTY OF CARE OF THE BANK. The Bank shall exercise due care when providing services. In its provision of services the Bank shall take the Customer's ’s interests into account to the best of its ability, on the understanding that the Bank is not obliged to make use of non-public information known to the Bank, including information which may affect prices.

Appears in 3 contracts

Samples: Credit Agreement (FreeSeas Inc.), Credit Agreement (Interface Inc), Credit Agreement (Interface Inc)

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