Common use of Liability of the Pledgee Clause in Contracts

Liability of the Pledgee. The Pledgee shall not be liable to the Pledgor for any costs, losses, liabilities or expenses relating to the realisation of any Relevant Pledged Assets, except to the extent caused by its own gross negligence or wilful misconduct.

Appears in 10 contracts

Samples: Pledge Agreement, Pledge Agreement, Pledge Agreement

AutoNDA by SimpleDocs

Liability of the Pledgee. The Pledgee shall not be liable to the Pledgor or the Third Party Pledge Holder for any costs, losses, liabilities or expenses relating to the realisation of any Relevant Pledged Assets, except to the extent caused by its own gross negligence or wilful misconduct.

Appears in 4 contracts

Samples: Pledge Agreement, Pledge Agreement, Pledge Agreement

Liability of the Pledgee. The Pledgee shall not be liable to the Pledgor for any costs, losses, liabilities or expenses relating to the realisation of any Relevant Pledged Assets, except to the extent caused by its or his own gross negligence or wilful misconduct.

Appears in 2 contracts

Samples: Pledge Agreement, Pledge Agreement

AutoNDA by SimpleDocs

Liability of the Pledgee. The Pledgee shall not be liable to the Pledgor for any costs, losses, liabilities or expenses relating to the realisation of any Relevant Pledged Assets, except to the extent caused by its or his own gross negligence or wilful misconduct.

Appears in 2 contracts

Samples: Pledge Agreement, Pledge Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!