Common use of Liability for Gross Negligence, etc Clause in Contracts

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)

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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)

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