Limitations of Agency. The Agent will act under the Loan Documents solely as the agent of the Lenders and only to the extent specifically set forth in the Loan Documents and will, under no circumstances, be considered to be a fiduciary of any nature whatsoever in respect of any other Person. The relationship between the Agent and the Lenders is that of agent and principal only and the Agent shall not be deemed to be a trustee or fiduciary for any Lender. The Agent may generally engage in any kind of banking or trust business with the Company as if it were not the Agent.
Limitations of Agency. 48 14.7 No Representations or Warranty........................... 48 14.8 Lender Credit Decision................................... 48 14.9 Indemnity................................................ 49 14.10 Resignation.............................................. 49 14.11 Distribution............................................. 49
Limitations of Agency. Notwithstanding anything in --------------------- this Agreement or any of the other related documents, expressed or implied, it is agreed by the parties hereto that the Agent will act hereunder and under the related documents as Agent solely for the Banks and only to the extent specifically set forth herein, and will, under no circumstances, be considered to be an agent or fiduciary of any nature whatsoever in respect of any other Person. The Agent may generally engage in any kind of banking or trust business with the Borrower as if it were not the Agent and shall include its own pro rata share of the Total Commitment in all calculations hereunder, with respect to which pro rata share it may act or omit to act as if it were not the Agent.
Limitations of Agency. Notwithstanding anything in the Loan Documents, expressed or implied, it is agreed by the parties hereto, that Administrative Agent will act under the Loan Documents as Administrative Agent solely for the Lenders and only to the extent specifically set forth herein, and will, under no circumstances, be considered to be an agent or fiduciary of any nature whatsoever in respect to any other person. Administrative Agent, in its individual capacity, may generally engage in any business with Borrower and the Guarantors or any of their Affiliates as if it was not Administrative Agent.
Limitations of Agency. Notwithstanding anything in the Loan Documents, expressed or implied, it is agreed by the parties hereto, that the Agent will act under the Loan Documents as Agent solely for the Lenders and only to the extent specifically set forth herein, and will, under no circumstances, be considered to be an agent or fiduciary of any nature whatsoever in respect to any other person. The Agent may generally engage in any business with the Borrowers and the Guarantor or any of their Affiliates as if it was not the Agent.
Limitations of Agency. Without the prior written consent of Assignee, Assignor shall not enter into any agreement or take any action with the intention of directly or indirectly (1) permitting amendment or modification of, or deviation from, any of the terms of any Lease Schedule; or (2) accelerating or otherwise changing the payment terms of any Lease Schedule. Assignor shall not be obligated to institute any legal action on behalf of Assignee. All early termination notices and other material notices (if any) received by Assignor from Obligor shall be directed to Assignee.
Limitations of Agency. 77 15.8 No Representations or Warranty . . . . . . . . . . . . . 78 15.9 Bank Credit Decision . . . . . . . . . . . . . . . . . . 78 15.10 Indemnity . . . . . . . . . . . . . . . . . . . . . . . 79 15.11 Resignation . . . . . . . . . . . . . . . . . . . . . . 79 15.12 Distribution . . . . . . . . . . . . . . . . . . . . . . 80 15.13
Limitations of Agency. Notwithstanding anything in the Loan Documents, expressed or implied, it is agreed by the parties hereto, that the Agents will act under the Loan Documents as Agents solely for the Banks and only to the extent specifically set forth herein, and will, under no circumstances, be considered to be an agent or fiduciary of any nature whatsoever in respect to any other Person. The Agents may generally engage in any kind of banking or trust business with the Borrowers or ENSCO or any of their affiliates as if they were not the Agents and shall include their own Commitments in all calculations hereunder with respect to which Commitments they may act or omit to act as if they were not the Agents.
Limitations of Agency. The Agent will act under the Loan Documents solely as the agent of the Lenders and only to the extent specifically set forth in the Loan Documents and will, under no circumstances, be considered to be a trustee or fiduciary of any nature whatsoever in respect of any other person or entity. The Agent and its affiliates may generally engage in any kind of banking or trust business with the Borrower and its Subsidiaries and affiliates as if the Agent were not the Agent hereunder, without notice to or consent of any Lender. The Lenders acknowledge that pursuant to such activities the Agent or its affiliates may receive information regarding the Borrower or its affiliates (including information that may be subject to confidentiality obligations in favor of the Borrower or such Affiliate) and acknowledge that the Agent shall be under no obligation to provide such information to them.
Limitations of Agency. 41 Section 5.7 NO REPRESENTATIONS OR WARRANTY...........................41 Section 5.8 LENDER CREDIT DECISION...................................42 Section 5.9 INDEMNITY................................................42 Section 5.10 RESIGNATION..............................................42 Section 5.11 DISTRIBUTION.............................................42 Section 5.12 LIMITATION OF SUITS......................................43 Section 5.13
