Common use of Extent of Duties Clause in Contracts

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (i) be under any fiduciary duty towards any person other than the Issuer or, to the extent provided for in Clauses 7.7, 9.1 and 9.3, the Note Trustee, (ii) (except to the extent that such liability arises out of any gross misconduct or negligence on the part of any such Agent or its officers, directors or employees) be responsible for or liable in respect of any act or omission of any other person including, without limitation, any other Agent or (iii) be under any obligation towards any person other than the Issuer, the other Agents and the Note Trustee.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental theretothereto and shall have no implied duties. No Agent shall (i) shall: 12.2.1 be under any fiduciary duty or other obligation towards or have any relationship of agency or trust with any person other than the Issuer Issuer; or, to the extent provided for in Clauses 7.7, 9.1 and 9.3, the Note Trustee, (ii) 12.2.2 (except to the extent that such liability arises out of any fraud, wilful default or gross misconduct or negligence on the part of any such Agent or its officers, directors or employees) be responsible for or liable in respect of any act or omission of any other person including, without limitation, any other Agent or (iii) be under any obligation towards any person other than the Issuer, the other Agents and the Note TrusteeAgent.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (i) be under any fiduciary duty towards any person other than the Issuer or, to the extent provided for in Clauses 7.77.9, 9.1 and 9.3, the Note Trustee, (ii) (except to the extent that such liability arises out of any gross breach of contract or trust, bad faith, misconduct or negligence on the part of any such Agent or its officers, directors or employees) be responsible for or liable in respect of any act or omission of any other person including, without limitation, any other Agent or (iii) be under any obligation towards any person other than the Issuer, the other Agents and the Note Trustee.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (i) be under any fiduciary duty towards any person other than the Issuer or, to the extent provided for in the Conditions or in Clauses 7.7, 9.1 and 9.36.1 (Issuer to pay Principal Paying Agent), the Note Trustee, (ii) (except to the extent that such liability arises out of any gross fraud, misconduct or negligence on the part of any such Agent or its officers, directors or employees) be responsible for or liable in respect of any act or omission of any other person including, without limitation, any other Agent or (iii) be under any obligation towards any person other than the Issuer, the other Agents and the Note Trustee.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (i) be under any fiduciary duty towards any person other than the Issuer or, to the extent provided for in Clauses 7.7, 9.1 and 9.3the Conditions or in Clause 6.1 (Issuer to pay Principal Paying Agent), the Note Trustee, (ii) (except to the extent that such liability arises out of any gross misconduct fraud, wilful default or negligence on the part of any such Agent or its officers, directors or employees) be responsible for or liable in respect of any act or omission of any other person including, without limitation, any other Agent or (iii) be under any obligation towards any person other than the Issuer, the other Agents and the Note Trustee.