Common use of General Provisions Concerning the Administrative Agent Clause in Contracts

General Provisions Concerning the Administrative Agent. The Administrative Agent shall be permitted to rely on such information as it deems reasonable to determine if the conditions set forth in Section 5.02 of the Credit Agreement have been satisfied and inform the Escrow Agent that the Signature Pages can be released. The Administrative Agent shall not be liable to the Borrower, the Guarantor or the Lenders for any action taken or not taken hereunder, in the absence of its gross negligence or willful misconduct. The provisions of Article IX and of Sections 10.04 and 10.16 of the Credit Agreement shall inure to the benefit of the Administrative Agent as if fully set forth herein and effective from the date hereof and as if each reference therein to the Loan Documents included a reference to this Escrow Agreement.

General Provisions Concerning the Administrative Agent. The Administrative Agent shall be permitted to rely on such information as it deems reasonable to determine if the conditions set forth in Section 5.02 of the Credit Agreement have been satisfied and inform the Escrow Agent that the Signature Pages can be released. The Administrative Agent shall not be liable to the Borrower, the Guarantor Guarantors or the Lenders for any action taken or not taken hereunder, in the absence of its gross negligence or willful misconduct. The provisions of Article IX and of Sections 10.04 and 10.16 of the Credit Agreement shall inure to the benefit of the Administrative Agent as if fully set forth herein and effective from the date hereof and as if each reference therein to the Loan Documents included a reference to this Escrow Agreement.