Common use of Employment of Agents and Counsel Clause in Contracts

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through employees, agents and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunder.

Appears in 34 contracts

Samples: Revolving Credit Agreement (Consumers Energy Co), Term Loan Credit Agreement (Consumers Energy Co), Term Loan Credit Agreement (CMS Energy Corp)

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Employment of Agents and Counsel. The Agent may execute undertake any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents agents, and attorneys-in-fact and shall not be answerable liable to the BanksLenders, except as to money or securities received by it them or its their authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder and under any other Loan Document.

Appears in 21 contracts

Samples: Secured Loan Agreement, Secured Loan Agreement (Sentio Healthcare Properties Inc), Secured Loan Agreement (Sentio Healthcare Properties Inc)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents and attorneys-in-fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder and under any other Loan Document.

Appears in 16 contracts

Samples: Credit Agreement (Scotsman Industries Inc), Credit Agreement (Fund American Enterprises Holdings Inc), Credit Agreement (SPX Corp)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder and under any other Loan Document.

Appears in 12 contracts

Samples: Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Resources Inc)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents agents, and attorneys-in-attorneys in fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-attorneys in fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning the contractual arrangement between the Agent and the Lenders and all matters pertaining to the agency hereby created Agent's duties hereunder and its duties hereunderunder any other Loan Document.

Appears in 10 contracts

Samples: Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Pepco Holdings Inc), Credit Agreement (Portland General Electric Co /Or/)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents and attorneys-in-attorneys in fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-attorneys in fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning the contractual arrangement between the Agent and the Lenders and all matters pertaining to the agency hereby created Agent's duties hereunder and its duties hereunderunder any other Loan Document.

Appears in 8 contracts

Samples: Credit Agreement (Pepco Holdings Inc), Credit Agreement (Pepco Holdings Inc), Credit Agreement (Potomac Electric Power Co)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents agents, and attorneys-in-attorneys in fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-attorneys in fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning the contractual arrangement between the Agent and the Lenders and all matters pertaining to the agency hereby created Agent’s duties hereunder and its duties hereunderunder any other Loan Document.

Appears in 8 contracts

Samples: Bridge Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents and attorneys-in-attorneys in fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-attorneys in fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning the contractual arrangement between the Agent and the Lenders and all matters pertaining to the agency hereby created Agent’s duties hereunder and its duties hereunderunder any other Loan Document.

Appears in 8 contracts

Samples: Fourth Amendment to Second Amended and Restated Credit Agreement (Baltimore Gas & Electric Co), Term Loan Agreement (Pepco Holdings Inc), Term Loan Agreement (Pepco Holdings Inc)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder under this Agreement or any other Credit Document by or through employees, agents and attorneys-in-fact and shall not be answerable responsible to any of the BanksLenders, except as to money the Borrower or securities received by it or its authorized agents, any other Obligor for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable carethe Agent acting in good faith. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder or under any other Credit Document.

Appears in 6 contracts

Samples: Credit Agreement (American Biltrite Inc), Credit Agreement (American Biltrite Inc), Credit Agreement (Ameripath Inc)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder under this Agreement or any other Credit Document by or through employees, agents and attorneys-in-fact and shall not be answerable responsible to any of the BanksLenders, except as to money the Company or securities received by it or its authorized agents, any other Obligor for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable carethe Agent acting in good faith. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder or under any other Credit Document.

Appears in 6 contracts

Samples: Credit Agreement (Racing Champions Corp), Credit Agreement (Nextera Enterprises Inc), Credit Agreement (Buckeye Cellulose Corp)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities actually received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it in good faith and with reasonable care. The Agent shall be entitled to act upon the advice and opinion of legal counsel concerning all matters pertaining to the agency duties of the agencies hereby created and its duties hereundercreated.

Appears in 6 contracts

Samples: Unsecured Credit Agreement (Empire District Electric Co), Unsecured Credit Agreement (Empire District Electric Co), Unsecured Credit Agreement (Empire District Electric Co)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Financing Agreements by or through employees, agents and attorneys-in-fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder and under any other Financing Agreements.

Appears in 5 contracts

Samples: Loan and Security Agreement (Lois/Usa Inc), Loan and Security Agreement (Lois/Usa Inc), Loan and Security Agreement (Telular Corp)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through employees, agents and attorneys-in-fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it in good faith and with reasonable care. The Agent shall be entitled to advice and opinion of legal counsel concerning all matters pertaining to the duties of the agency hereby created and its duties hereundercreated.

Appears in 4 contracts

Samples: Loan Agreement (Schiff Nutrition International, Inc.), Loan Agreement (Labarge Inc), Loan Agreement (Schiff Nutrition International, Inc.)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through agents (other than employees, agents ) and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it in good faith and with reasonable care. The Agent shall be entitled to advice and opinion of legal counsel concerning all matters pertaining to the duties of the agency hereby created and its duties hereundercreated.

Appears in 4 contracts

Samples: Secured Credit Agreement (Pilgrims Pride Corp), Secured Credit Agreement (Pilgrims Pride Corp), Secured Credit Agreement (Pilgrims Pride Corp)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through employees, agents and attorneys-attorneys- in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it in good faith and with reasonable care. The Agent shall be entitled to advice and opinion of legal counsel concerning all matters pertaining to the duties of the agency hereby created and its duties hereundercreated.

Appears in 4 contracts

Samples: Loan Agreement (Laclede Gas Co), Revolving Credit Agreement (Huntco Inc), Revolving Credit Agreement (Huntco Inc)

Employment of Agents and Counsel. The Agent may execute any of its their duties as Agent hereunder by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the BanksLenders, except as to money or securities received by it them or its their authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it them with reasonable care. The Agent Agent, at its own expense, shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunder.

Appears in 4 contracts

Samples: Credit Agreement, Credit Agreement (QC Holdings, Inc.), Credit Agreement (QC Holdings, Inc.)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through employees, agents and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it in good faith and with reasonable care. The Agent shall be entitled to advice and opinion of legal counsel concerning all matters pertaining to the duties of the agency hereby created and its duties hereundercreated.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Cpi Corp), Revolving Credit Agreement (Cpi Corp), Revolving Credit Agreement (Cpi Corp)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it in good faith and with reasonable care. The Agent shall be entitled to advice and opinion of legal counsel concerning all matters pertaining to the duties of the agency hereby created and its duties hereundercreated.

Appears in 3 contracts

Samples: Secured Credit Agreement (Maverick Tube Corporation), Secured Credit Agreement (Maverick Tube Corporation), Secured Credit Agreement (Minnesota Corn Processors LLC)

Employment of Agents and Counsel. The Agent may execute perform any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning the contractual arrangement between Agent and the Lenders and all matters pertaining to the agency hereby created Agent’s duties hereunder and its duties hereunderunder any other Loan Document.

Appears in 3 contracts

Samples: Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder under this Agreement or any other Credit Document by or through employees, agents and attorneys-in-fact and shall not be answerable responsible to any of the BanksLenders, except as to money any Borrower or securities received by it or its authorized agents, any other Obligor for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable carethe Agent acting in good faith. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder or under any other Credit Document.

Appears in 3 contracts

Samples: Credit Agreement (Pediatrix Medical Group Inc), Credit Agreement (Ameripath Inc), Credit Agreement (Pediatrix Medical Group Inc)

Employment of Agents and Counsel. The Agent may execute any -------------------------------- of its duties as Agent hereunder under this Agreement or any other Credit Document by or through employees, agents and attorneys-in-fact and shall not be answerable responsible to any of the BanksLenders, except as to money the Company or securities received by it or its authorized agents, any other Obligor for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable carethe Agent acting in good faith. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder or under any other Credit Document.

Appears in 2 contracts

Samples: Credit Agreement (Sba Communications Corp), Credit Agreement (Sba Communications Corp)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through employees, agents and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunder.

Appears in 2 contracts

Samples: Loan Agreement (Gray Communications Systems Inc /Ga/), Loan Agreement (Osborn Communications Corp /De/)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Transaction Document by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder and under any other Transaction Document.

Appears in 2 contracts

Samples: Credit Agreement (Northland Cable Television Inc), Credit Agreement (Pronet Inc /De/)

Employment of Agents and Counsel. The Agent may execute -------------------------------- any of its duties as Agent hereunder under this Agreement or any other Credit Document by or through employees, agents and attorneys-in-fact and shall not be answerable responsible to any of the BanksLenders, except as to money the Company or securities received by it or its authorized agents, any other Obligor for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable carethe Agent acting in good faith. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder or under any other Credit Document.

Appears in 2 contracts

Samples: Credit Agreement (Transmontaigne Inc), Credit Agreement (Transmontaigne Oil Co)

Employment of Agents and Counsel. The Each Agent may execute any of its duties as Agent hereunder by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it in good faith and with reasonable care. The Each Agent shall be entitled to advice and opinion of legal counsel concerning all matters pertaining to the agency duties of the agencies hereby created and its duties hereundercreated.

Appears in 2 contracts

Samples: Credit Agreement (Mississippi Chemical Corp /MS/), Credit Agreement (Mississippi Chemical Corp /MS/)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through agents (other than employees, agents ) and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-in- fact selected by it in good faith and with reasonable care. The Agent shall be entitled to advice and opinion of legal counsel concerning all matters pertaining to the duties of the agency hereby created and its duties hereundercreated.

Appears in 1 contract

Samples: Secured Term Credit Agreement (Pilgrims Pride Corp)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through employees, agents and attorneys-in-fact and shall not be answerable or liable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunder.

Appears in 1 contract

Samples: Credit Agreement (Crown Castle International Corp)

Employment of Agents and Counsel. The Agent Agents may execute any of its duties as Agent hereunder under this Agreement or any other Credit Document by or through employees, agents and attorneys-in-fact and shall not be answerable responsible to any of the BanksLenders, except as to money the Company or securities received by it or its authorized agents, any other Obligor for the default or misconduct of any such agents Managing Agents or attorneys-in-fact selected by it with reasonable carethe Agent acting in good faith. The Agent Agents shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its their duties hereunderhereunder or under any other Credit Document.

Appears in 1 contract

Samples: Credit Agreement (American Tower Corp)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through employees, agents and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-in- fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunder.

Appears in 1 contract

Samples: Loan Agreement (Crown Castle International Corp)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder under this Agreement or any other Credit Document by or through employees, agents and attorneys-in-fact and shall not be answerable responsible to any of the BanksLenders, except as to money the Holding Company or securities received by it or its authorized agents, any other Obligor for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable carethe Agent acting in good faith. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder or under any other Credit Document.

Appears in 1 contract

Samples: Credit Agreement (Playcore Inc)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under the Notes and any Security Document by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning the contractual arrangement between the Agent and the Banks and all matters pertaining to the agency hereby created and its Agent's duties hereunderunder the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Asset Acceptance Capital Corp)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through employees, agents and attorneys-in-in- fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunder.

Appears in 1 contract

Samples: Term Loan Agreement (Panhandle Eastern Pipe Line Co)

Employment of Agents and Counsel. The Agent may execute undertake any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents agents, and attorneys-in-fact and shall not be answerable liable to the Banks, except as to money or securities received by it them or its their authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder and under any other Loan Document.

Appears in 1 contract

Samples: Senior Borrowing Base Revolving Line of Credit Agreement (Fortress Group Inc)

Employment of Agents and Counsel. The Each Agent may execute any of its duties as such Agent hereunder by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it in good faith and with reasonable care. The Each Agent shall be entitled to advice and opinion of legal counsel concerning all matters pertaining to the agency duties of the agencies hereby created and its duties hereundercreated.

Appears in 1 contract

Samples: Credit Agreement (Seminis Inc)

Employment of Agents and Counsel. The Agent may execute any of -------------------------------- its duties as Agent hereunder by or through employees, agents and attorneys-in-in- fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunder.

Appears in 1 contract

Samples: Loan Agreement (Crown Castle International Corp)

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Employment of Agents and Counsel. The Agent may execute any of -------------------------------- its duties as Agent hereunder by or through employees, agents and attorneys-in-fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it in good faith and with reasonable care. The Agent shall be entitled to advice and opinion of legal counsel concerning all matters pertaining to the duties of the agency hereby created and its duties hereundercreated.

Appears in 1 contract

Samples: Term Loan Agreement (Allegiant Bancorp Inc/Mo/)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents agents, and attorneys-in-attorneys in fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-attorneys in fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder and under any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Washington Real Estate Investment Trust)

Employment of Agents and Counsel. The Each Agent may execute any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents agents, and attorneys-in-attorneys in fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-attorneys in fact selected by it with reasonable care. The Each Agent shall be entitled to advice of counsel concerning the contractual arrangement between such Agent and the Lenders and all matters pertaining to the agency hereby created such Agent's duties hereunder and its duties hereunderunder any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Encore Capital Group Inc)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Transaction Document by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunder.or

Appears in 1 contract

Samples: Credit Agreement (Tri State Outdoor Media Group Inc)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents agents, and attorneys-in-fact infact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder and under any other Loan Document.

Appears in 1 contract

Samples: Term Loan Agreement (LTC Properties Inc)

Employment of Agents and Counsel. The Each Agent may execute any of its duties as Agent hereunder by or through employees, agents agents, and attorneys-attorneys- in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it in good faith and with reasonable care. The Each Agent shall be entitled to advice and opinion of legal counsel concerning all matters pertaining to the agency duties of the agencies hereby created and its duties hereundercreated.

Appears in 1 contract

Samples: Credit Agreement (Mississippi Chemical Corp /MS/)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities security received by it or its authorized agents, for the default or misconduct of any such agents or attorneysattorney-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunder.

Appears in 1 contract

Samples: Loan and Letter of Credit Reimbursement Agreement (Unitog Co)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents agents, and attorneys-in-attorneys in fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-attorneys in fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning the contractual arrangement between Agent and Lenders and all matters pertaining to the agency hereby created Agent’s duties hereunder and its duties hereunderunder any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Nevada Gold & Casinos Inc)

Employment of Agents and Counsel. The Agent may execute any of its his duties as Agent hereunder under the Loan Documents by or through employees, agents agents, and attorneysattorney-in-fact and shall not be answerable to the BanksLenders, except as to money or securities received by it him or its his authorized agents, agents and for the default or misconduct of any such agents or attorneys-in-fact selected by it Agent with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency Agency hereby created crated and its his duties hereunder.

Appears in 1 contract

Samples: Loan Agreement (Colmena Corp)

Employment of Agents and Counsel. The Agent may execute undertake any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents agents, and attorneys-in-fact and shall not be answerable liable to the BanksLenders, except as to money or securities received by it them or its their authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder and under any other Loan Document.

Appears in 1 contract

Samples: Loan Agreement (NNN Healthcare/Office REIT, Inc.)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents and attorneys-in-attorneys in fact and shall not be answerable to the BanksLenders, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-attorneys in fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning the contractual arrangement between Agent and Lenders and all matters pertaining to the agency hereby created Agent’s duties hereunder and its duties hereunderunder any other Loan Document.

Appears in 1 contract

Samples: Term Loan Agreement (Atlantic City Electric Co)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it in good faith and with reasonable care. The Agent shall be entitled to advice and opinion of legal counsel concerning all matters pertaining to the duties of the agency hereby created and its duties hereundershall be protected in acting in reliance thereon.

Appears in 1 contract

Samples: Credit Agreement (Sanderson Farms Inc)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder under this Agreement or any other Credit Document by or through employees, agents and attorneys-in-fact and shall not be answerable responsible to any of the Banks, except as to money or securities received by it or its authorized agents, Lenders for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable carethe Agent acting in good faith. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder or under any other Credit Document.

Appears in 1 contract

Samples: Credit Agreement (Marquee Group Inc)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder under this Agreement or any other Credit Document by or through employees, agents and attorneys-in-attorneys in fact and shall not be answerable responsible to any of the BanksLenders, except as to money the Company or securities received by it or its authorized agents, any other Obligor for the default or misconduct of any such agents or attorneys-in-attorneys in fact selected by it with reasonable carethe Agent acting in good faith. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder or under any other Credit Document.

Appears in 1 contract

Samples: Credit Agreement (Buckeye Technologies Inc)

Employment of Agents and Counsel. The Agent may execute undertake any of its duties as Agent agent and servicer hereunder and under any Loan Document by or through employees, agents agents, and attorneys-in-fact and shall not be answerable liable to the BanksLenders, except as to money or securities received by it them or its their authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder and under any Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Owens Realty Mortgage, Inc.)

Employment of Agents and Counsel. The Agent may execute any of its their duties as Agent hereunder by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it them or its their authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it them with reasonable care. The Agent Agent, at its own expense, shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its their duties hereunder.

Appears in 1 contract

Samples: Credit Agreement (QC Holdings, Inc.)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder or under the other Loan Documents by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency created hereby created and by the other Loan Documents and its duties hereunderhereunder and thereunder.

Appears in 1 contract

Samples: Credit Agreement (Jacor Communications Inc)

Employment of Agents and Counsel. The Agent may execute undertake any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents agents, and attorneys-in-attorneys in fact and shall not be answerable liable to the BanksLenders, except as to money or securities received by it them or its their authorized agents, for the default or misconduct of any such agents or attorneys-in-attorneys in fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder and under any other Loan Document.

Appears in 1 contract

Samples: Construction and Term Loan Agreement (Investors Real Estate Trust)

Employment of Agents and Counsel. The Agent may execute any of its duties as Agent hereunder and under any other Financing Agreement by or through employees, agents agents, and attorneys-in-fact and shall not be answerable to the BanksLenders, except as to money or securities received by it Agent or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning the contractual arrangement between Agent and Lenders and all matters pertaining to the agency hereby created Agent's duties hereunder and its duties hereunderunder any other Financing Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Webco Industries Inc)

Employment of Agents and Counsel. The Agent may execute any of its duties as the Agent hereunder by or through employees, agents and attorneys-in-fact and shall not be answerable to the Banks, except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it in good faith and with reasonable care. The Agent shall be entitled to rely upon the advice and opinion of legal counsel concerning all matters pertaining to the duties of the agency hereby created and its duties hereundercreated.

Appears in 1 contract

Samples: Secured Senior Lending Agreement (Pioneer Financial Services Inc)

Employment of Agents and Counsel. The Agent may execute any of -------------------------------- its duties as Agent hereunder under this Agreement or any other Credit Document by or through employees, agents and attorneys-in-fact and shall not be answerable responsible to any of the BanksLenders, except as to money the Borrowers or securities received by it or its authorized agents, any other Obligor for the default or misconduct of any such agents or attorneys-in-fact selected by it with reasonable carethe Agent acting in good faith. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder or under any other Credit Document.

Appears in 1 contract

Samples: Credit Agreement (Westower Corp)

Employment of Agents and Counsel. The Agent may execute undertake any of its duties as Agent hereunder and under any other Loan Document by or through employees, agents agents, and attorneys-in-attorneys in fact and shall not be answerable liable to the BanksLenders, except as to money or securities received by it them or its their authorized agents, for the default or misconduct of any such agents or attorneys-in-attorneys in fact selected by it with reasonable care. The Agent shall be entitled to advice of counsel concerning all matters pertaining to the agency hereby created and its duties hereunderhereunder and under any other Loan Document.

Appears in 1 contract

Samples: Loan and Security Agreement (SecureAlert, Inc.)

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