Liability Neither. the Agent nor any of its directors, officers, employees or agents shall be liable to the Lenders for anything done or omitted to be done by the Agent under or in connection with any of the Relevant Documents unless as a result of the Agent’s gross negligence or wilful misconduct.
Appears in 10 contracts
Samples: Loan Agreement, Loan Agreement (Poseidon Containers Holdings Corp.), Loan Agreement (Teekay Offshore Partners L.P.)
Liability Neither. the Agent nor any of its directors, officers, employees or agents shall be liable to the Lenders for anything done or omitted to be done by the Agent under or in connection with any of the Relevant Documents unless as a result of the Agent’s 's gross negligence or wilful misconduct.
Appears in 4 contracts
Samples: Loan Agreement (Baltic Trading LTD), Loan Agreement (Baltic Trading LTD), Loan Agreement (Energy Infrastructure Merger CORP)
Liability Neither. the Agent nor any of its directors, officers, employees or agents shall be liable to the Lenders or the Sinosure Agent for anything done or omitted to be done by the Agent under or in connection with any of the Relevant Documents unless as a result of the Agent’s gross negligence or wilful misconduct.
Appears in 2 contracts
Samples: Loan Agreement (Baltic Trading LTD), Loan Agreement (Baltic Trading LTD)
Liability Neither. the Agent nor any of its directors, officers, employees or agents shall be liable to the Lenders Banks for anything done or omitted to be done by the Agent under or in connection with any of the Relevant Security Documents unless as a result of the Agent’s gross negligence or 's wilful misconduct.
Appears in 1 contract
Samples: Loan Agreement (Mc Shipping Inc)
Liability Neither. the Agent nor any of its directors, officers, employees or agents shall be liable to the Lenders Banks for anything done or omitted to be done by the Agent under or in connection with any of the Relevant Security Documents unless as a result of the Agent’s 's wilful misconduct or gross negligence or wilful misconductnegligence.
Appears in 1 contract
Samples: Loan Agreement (Mc Shipping Inc)