Liability for Gross Negligence, etc. The Rights Agent shall be liable hereunder only for its own gross negligence, bad faith or willful misconduct.
Appears in 4 contracts
Samples: Rights Agreement (Craftmade International Inc), Rights Agreement (Parallel Petroleum Corp /De/), Rights Agreement (Bi Inc)
Liability for Gross Negligence, etc. The Rights Agent shall be liable hereunder only for its own gross negligence, bad faith or willful misconductmisconduct (as determined by a court of competent jurisdiction).
Appears in 3 contracts
Samples: Rights Agreement (Akers Biosciences, Inc.), Rights Agreement (BioSig Technologies, Inc.), Rights Agreement (Commercial Metals Co)