Limitation of Liability of Secured Party. The Secured Party shall be entitled to all of the rights, protections and indemnities afforded to the Indenture Trustee under the Basic Documents.
Limitation of Liability of Secured Party. For all purposes of this Agreement, the Secured Party, as Indenture Trustee under the Indenture, will be subject to, and entitled to the benefits of, the terms and provisions of the Indenture applicable to the Indenture Trustee.
Limitation of Liability of Secured Party. Clause 7 (“Secured Party indemnity and limitation of liability”) of the Security Trust Deed applies to this document as if it was fully set out in this document except that any reference to the “Secured Party” is interpreted as a reference to the “Secured Party”. 4 Dealings - such as selling or granting other Encumbrances
Limitation of Liability of Secured Party. Notwithstanding anything to the contrary contained herein or in any of the other Financing Documents, this Agreement has been executed by Bankers Trust (Delaware) not in its individual capacity but solely as the Secured Party in its capacity as Collateral Agent under the Intercreditor Agreement and, except in the case of its gross negligence or willful misconduct, Bankers Trust (Delaware) in its individual capacity shall have no liability for the representations, warranties, covenants, agreements or other obligations of the Secured Party hereunder or in any certificates, notices or agreements delivered pursuant hereto. For all purposes of this Agreement, in the performance of its duties or obligations hereunder, the Secured Party shall be subject to, and entitled to the benefits of, the terms and provisions of Article VII of the Intercreditor Agreement.
