Common use of Liability Neither Clause in Contracts

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: Secured Loan Agreement (Teekay LNG Partners L.P.), Secured Credit Facility (Teekay Offshore Partners L.P.), Senior Secured Revolving Credit Facility Agreement

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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: Secured Loan Agreement (Baltic Trading LTD), Secured Loan Agreement (Baltic Trading LTD), Secured 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: Secured Loan Agreement (Baltic Trading LTD), Secured 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 Facility Agreement (Mc Shipping Inc)

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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 Facility Agreement (Mc Shipping Inc)

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