Common use of Exoneration Clause in Contracts

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 14 contracts

Samples: Loan and Security Agreement (Merisel Inc /De/), Loan and Security Agreement (Centrum Industries Inc), Loan and Security Agreement (United States Leather Inc /Wi/)

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Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the Borrower Borrowers or relieve the Borrower Borrowers of any of its obligations hereunder to any such Person.

Appears in 10 contracts

Samples: Loan and Security Agreement (Regional Management Corp.), Loan and Security Agreement (Regional Management Corp.), Loan and Security Agreement (Regional Management Corp.)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the any Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 5 contracts

Samples: Loan and Security Agreement (Manhattan Bagel Co Inc), Loan and Security Agreement (Phar Mor Inc), Loan and Security Agreement (Hills Stores Co /De/)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Agent, the Issuing Bank or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put result in any liability of the Issuing Bank, any Lender or the Agent or any Lender under any resulting liability to the Borrower Borrowers or relieve the Borrower Borrowers of any of its their obligations hereunder to any such Person.

Appears in 4 contracts

Samples: Loan and Security Agreement (Tultex Corp), Loan and Security Agreement (Safety Components International Inc), Loan and Security Agreement (Tultex Corp)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, certificates shall not put the Agent or any Lender under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 3 contracts

Samples: Loan and Security Agreement (Eddie Bauer Holdings, Inc.), Loan and Security Agreement (Eddie Bauer Holdings, Inc.), Loan and Security Agreement (Eddie Bauer Holdings, Inc.)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 3 contracts

Samples: Loan and Security Agreement (Great Train Store Co), Loan and Security Agreement (Globespan Semiconductor Inc), Loan and Security Agreement (Intellicell Corp)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Agent, BankBoston or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put result in any liability of any Lender or the Agent or any Lender under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 3 contracts

Samples: Loan and Security Agreement (Texfi Industries Inc), Loan and Security Agreement (Texfi Industries Inc), Loan and Security Agreement (Synthetic Industries Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Administrative Agent, FCC, the Issuing Bank or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put result in any liability of any Lender, FCC, the Issuing Bank or the Administrative Agent or any Lender under any resulting liability to the Borrower Borrowers or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 3 contracts

Samples: Revolving Credit and Security Agreement (Mastec Inc), Loan and Security Agreement (Russell Corp), Loan and Security Agreement (Heafner Tire Group Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put the Agent or any Lender under any resulting liability to the any Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 3 contracts

Samples: Loan and Security Agreement (KMC Telecom Holdings Inc), Loan and Security Agreement (KMC Telecom Holdings Inc), Loan and Security Agreement (Pentacon Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent any Agent, any Issuing Lender or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put the Agent any Agent, any Issuing Lender or any Lender under any resulting liability to the Borrower any Loan Party or relieve the Borrower relevant Loan Party of any of its obligations hereunder to any such Person.

Appears in 3 contracts

Samples: Credit Agreement (Parker Drilling Co /De/), Credit Agreement (Parker Drilling Co /De/), Credit Agreement (Parker Drilling Co /De/)

Exoneration. In furtherance and extension, extension and not in limitation, limitation of the specific provisions hereinabove set forth above(including but not limited to Section 3.07(a)), any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, certificates if taken or omitted in the absence of gross negligence or willful misconductgood faith and with reasonable care, shall not put the Agent or any Lender Bank under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 2 contracts

Samples: Credit Agreement (Gables Realty Limited Partnership), Credit Agreement (Gables Residential Trust)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Administrative Agent, BankBoston or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of good faith, absent gross negligence or willful misconduct, shall not put the Agent or result in any liability of any Lender under or the Administrative Agent to any resulting liability to the Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 2 contracts

Samples: Loan and Security Agreement (Winston Furniture Co of Alabama Inc), Loan and Security Agreement (Winsloew Furniture Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any no action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the Borrower Borrowers or relieve the Borrower Borrowers of any of its their obligations hereunder to any such Person.

Appears in 2 contracts

Samples: Loan and Security Agreement (Trend Lines Inc), Loan and Security Agreement (Trend Lines Inc)

Exoneration. In furtherance and extension, extension and not in limitation, limitation of the specific provisions hereinabove set forth aboveforth, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, certificates if taken or omitted in the absence of gross negligence or willful misconductgood faith and with reasonable care, shall not put the Agent or any Lender Bank under any resulting liability to the Borrower Borrowers or relieve the Borrower Borrowers of any of its obligations hereunder to any such Person.

Appears in 2 contracts

Samples: Credit Agreement (Southern Electronics Corp), Credit Agreement (Sed International Holdings Inc)

Exoneration. In furtherance and extension, extension and not in limitation, limitation of the specific provisions hereinabove set forth above(including but not limited to Section 3.03(a)), any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, certificates if taken or omitted in the absence of gross negligence or willful misconductgood faith and with reasonable care, shall not put the Agent or any Lender Bank under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 2 contracts

Samples: Reimbursement Agreement (Gables Realty Limited Partnership), Reimbursement Agreement (Gables Residential Trust)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of good faith and without gross negligence or willful misconductnegligence, shall not put the Agent or any Lender under any resulting liability to the any Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 2 contracts

Samples: Loan and Security Agreement (Laclede Steel Co /De/), Loan and Security Agreement (Laclede Steel Co /De/)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, certificates shall not put the Agent or any Lender under any resulting liability to the any Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Spiegel Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the any Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 2 contracts

Samples: Loan and Security Agreement (Metals Usa Inc), Loan and Security Agreement (Metals Usa Inc)

Exoneration. In furtherance and extension, extension and not in limitation, limitation ------------ of the specific provisions hereinabove set forth aboveforth, any action taken or omitted by the Administrative Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, certificates if taken or omitted in the absence of gross negligence or willful misconductgood faith and with reasonable care, shall not put the Administrative Agent or any Lender Bank under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Credit Agreement (Us Xpress Enterprises Inc)

Exoneration. In furtherance and extension, and not in ----------- limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Agent, Issuing Lender and/or Lenders under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful wilful misconduct, shall not put the Agent or any Agent, Issuing Lender and/or Lenders under any resulting liability to the any Borrower or relieve the Borrower Borrowers of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan Agreement (Grand Toys International Inc)

Exoneration. In furtherance and extension, and not in ----------- limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence good faith and not as a result of willful misconduct or gross negligence by the Agent or willful misconductsuch Lender, shall not put the Agent or any Lender under any resulting liability to the Borrower Borrowers or relieve the Borrower Borrowers of any of its their obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Envirosource Inc)

Exoneration. In furtherance and extension, and not in limitation, ----------- of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put the Agent or any Lender under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Advanced Micro Devices Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any no action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the Borrower or relieve the Borrower of any of its their obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Woodworkers Warehouse Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit Banker s Acceptances or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the any Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Pentech International Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Administrative Agent, FCC, the Bank or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put result in any liability of any Lender, FCC, the Bank or the Administrative Agent or any Lender under any resulting liability to the Borrower Borrowers or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (American Tire Distributors Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put the Agent or any Lender under any resulting liability to the Borrower any Loan Party or relieve the Borrower any Loan Party of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Parker Drilling Co /De/)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Administrative Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, as determined pursuant to a final, non-appealable order of a court of competent jurisdiction, shall not put the Administrative Agent or any Lender under any resulting liability to the any Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (EveryWare Global, Inc.)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the any Co-Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in good faith and in the absence exercise of gross negligence or willful misconductreasonable care, shall not put the any Co-Agent or any Lender under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Good Guys Inc)

Exoneration. In furtherance and extension, and not in ----------- limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Agent, Issuing Lender and/or Lenders under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful wilful misconduct, shall not put the Agent or any Agent, Issuing Lender and/or Lenders under any resulting liability to the either Borrower or relieve the Borrower Borrowers of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan Agreement (Intertan Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit (including an IRB Letter of Credit) or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the any Borrower or relieve the any Borrower of any of its obligations hereunder to any such Personthe Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Outlook Group Corp)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the L/C Issuer, the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the L/C Issuer, the Agent or any Lender under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Consolidated Freightways Corp)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Administrative Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Administrative Agent or any Lender under any resulting liability to the any Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Credit Agreement (Ames Department Stores Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any no action taken or omitted by the Collateral Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put the Collateral Agent or any Lender under any resulting liability to the either Borrower or relieve the either Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Imation Corp)

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Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Administrative Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Administrative Agent or any Lender under any resulting liability to the any Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Metals USA Plates & Shapes Southcentral, Inc.)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Agent, BankBoston or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put result in any liability of any Lender or the Agent or any Lender under any resulting liability to the Borrower Borrowers or relieve the Borrower Borrowers of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Ridgeview Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put the Agent or any Lender under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Advanced Micro Devices Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Agent, FCC, the Issuing Bank or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith and in conformance with Applicable Law, shall not put result in any liability of any Lender, FCC, the Issuing Bank or the Agent or any Lender under any resulting liability to the Borrower Borrowers or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Collins Industries Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted to be taken by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted to be taken in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the Borrower or the other Loan Parties or relieve the Borrower and the other Loan Parties of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Gt Bicycles Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Agent, BankBoston or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put result in any liability of any Lender or the Agent or any Lender under any resulting liability to the Borrower Borrowers or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Phoenix Racing Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or Acceptances or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put the Agent or any Lender under any resulting liability to the any Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Roadmaster Industries Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Administrative Agent, NationsBank or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put result in any liability of any Lender or the Administrative Agent to the Borrowers (or any Lender under any resulting liability to the Borrower of them) or relieve the Borrower Borrowers (or any of them) of any of its their obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Syratech Corp)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Administrative Agent, Syndication Agent or any Lender Issuing Bank under or in connection with any of the Letters Letter of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put any Bank, the Issuing Bank, the Syndication Agent or any Lender the Administrative Agent under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Credit Agreement (MSC Industrial Direct Co Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any no action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Personhereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (Cosmetic Center Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Agent, NationsBank or any Lender under or in connection with any of the Letters of Credit or any IRB L/C or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put result in any liability of any Lender or the Agent or any Lender under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Meadowcraft Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the either Borrower or relieve the either Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (California Microwave Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific Specific provisions set forth above, any action taken or omitted by the Agent Agent, the Issuing Bank or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith and in conformance with Applicable Law, shall not put result in any liability of any Lender or the Agent or to any Lender under any resulting liability to the Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Collins Industries Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any Any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the a Borrower or relieve the a Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Strategic Distribution Inc)

Exoneration. In furtherance and extension, and not in limitation, ----------- of the specific provisions set forth above, any action taken or omitted by the Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconduct, shall not put the Agent or any Lender under any resulting liability to the Borrower Borrowers or relieve the Borrower Borrowers of any of its their obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Agribiotech Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Administrative Agent, Bank of America or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put result in any liability of any Lender, Bank of America, or the Administrative Agent or any Lender under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Syratech Corp)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Administrative Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put the Administrative Agent or any Lender under any resulting liability to the any Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Paetec Corp)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Agent, NationsBank or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put result in any liability of any Lender or the Agent or any Lender under any resulting liability to the Borrower Borrowers or relieve the Borrower Borrowers of any of its their obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (American Aircarriers Support Inc)

Exoneration. In furtherance and extension, and not in limitation, ----------- of the specific provisions set forth above, any action taken or omitted by the Administrative Agent or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put the Administrative Agent or any Lender under any resulting liability to the any Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Paetec Corp)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Agent, the Issuing Bank or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in good faith in conformity with the absence terms of gross negligence or willful misconductany Letter of Credit, shall not put result in any liability of any Lender or the Agent or any Lender under any resulting liability to the Borrower or relieve the Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Ithaca Industries Inc)

Exoneration. In furtherance and extension, and not in limitation, of the specific provisions set forth above, any action taken or omitted by the Agent Administrative Agent, the Bank, FCC or any Lender under or in connection with any of the Letters of Credit or any related certificates, if taken or omitted in the absence of gross negligence or willful misconductgood faith, shall not put result in any liability of the Agent Administrative Agent, the Bank, FCC or any Lender under to any resulting liability to the Borrower or relieve the any Borrower of any of its obligations hereunder to any such Person.

Appears in 1 contract

Samples: Loan and Security Agreement (Winsloew Furniture Inc)

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