Liability for Agents Sample Clauses

Liability for Agents. If the Trust Fund suffers a loss as a result of any act or omission of an Agent appointed by the Trustee, and if such loss is directly attributable to the failure of such Agent to comply with the standard of care specified by section 4.2.5 in the provision of any service to be provided by it with respect to this Agreement, or a breach of this Agreement, then the Trustee shall be liable for such loss, and shall indemnify the Trust Fund in accordance with section 4.6. The Trustee shall not otherwise be liable for any act or omission of any Agent appointed by the Trustee, including without limitation liability related to the insolvency of any Agent.
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Liability for Agents. The Supplier shall be liable for the actions and omissions of its agents as it is liable for its own actions and omissions.
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Liability for Agents. The contractor shall be liable for executing transports as the carrier, even in the event that the contractor does not have its own fleet of transportation vehicles. This shall also apply if the contractor should be a declared "agent".
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Liability for Agents. If the Trust Fund suffers a loss as a result of any act or omission of an Agent appointed by the Trustee, and if such loss is directly attributable to the failure of such Agent to comply with the standard of care specified by section 4.2.
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Liability for Agents. 7 Section 3.12.
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Liability for Agents. Mortgagee shall not be liable for the act or omission of any agent and/or manager, if Mortgagee shall have used reasonable care in the selection of such agent or manager.
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Related to Liability for Agents

  • Liability for Damages 1. The Purchaser shall be liable for any damages sustained by the State arising from Purchaser’s breach of the terms of this Contract and the State may cause all or part of the performance bond to be forfeited to recover such damages.

  • No Responsibility for Representations The Warrant Agent shall not be responsible for any of the recitals or representations herein or in the Warrant Certificates (except as to the Warrant Agent’s countersignature thereon), all of which are made solely by the Company.

  • Liability for Certain Acts The Manager shall perform the Manager’s duties in good faith, in a manner it reasonably believes to be in the best interests of the Company, and with such care as an ordinarily prudent person in a like position would use under similar circumstances. No Manager shall have any liability by reason of being or having been the Manager of the Company. No Manager in any way guarantees the return of the Members’ Capital Contributions or a profit for the Members from the operations of the Company. No Manager shall be liable to the Company or to any Member for any loss or damage sustained by the Company or any Member, unless the loss or damage shall have been the result of fraud, deceit, gross negligence, willful misconduct, breach of this Agreement or a wrongful taking by the Manager.

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