Limited Scope of Duties. WRCOG’s and the AGENCY’s duties and obligations under this Agreement are limited to those described herein. WRCOG has no obligation with respect to the safety of any Project performed at a job site. In addition, WRCOG shall not be liable for any action of AGENCY or its contractors relating to the condemnation of property undertaken by AGENCY or construction related to the Project.
Limited Scope of Duties. Escrow Agent is not a party to, or bound by any agreement except as hereinafter expressly stated. Escrow Agent acts hereunder to hold and distribute funds and is not responsible or liable in any manner whatever for the correctness of any notice or instrument received by Escrow Agent. Escrow Agent shall be protected in acting upon any notice, consent or other paper or document believed by Escrow Agent to be genuine and to be signed by the proper party or parties.
Limited Scope of Duties. (a) Nothing in this Agreement, expressed or implied, is intended to, or shall be construed as to, impose upon the Agent any duties or responsibilities in respect of this Agreement except as expressly set forth herein. The relationship between the Agent and each of the Lenders is that of agent and principal only and the duties and obligations of the Agent are of an administrative and mechanical nature only. Nothing in this Agreement shall be construed so as to constitute the Agent as a trustee for any Lender or to impose upon the Agent any duties or responsibilities other than those for which express provision is made herein. Except where otherwise expressed or implied, the Agent, in performing its duties and functions hereunder and under the Security Documents, does not assume, and shall not be deemed to have assumed, any obligations toward, or relationship of agency or trust with or for, the Borrower, the Guarantor or any of their Subsidiaries.
Limited Scope of Duties. (a) Nothing in this Agreement, expressed or implied, is intended to, or shall be construed as to, impose upon any Agent any duties or responsibility in respect of this Agreement except as expressly set forth herein or Section 9.01 hereof. The relationship between each Agent and each of the Banks is that of agent and principal only and the respective duties and obligations of such Agent is of an administrative and mechanical nature only. Nothing in this Agreement shall be construed so as to constitute any Agent as a trustee or fiduciary for any Bank or to impose upon any Agent any duties or responsibilities other than those for which express provision is made herein.
Limited Scope of Duties. (a) Nothing in this Agreement, expressed or implied, is intended to, or shall be construed as to, impose upon the Agent any duties or responsibility in respect of this Agreement. The relationship between the Agent and each of the Banks is that of agent and principal only and the respective duties and obligations of the Agent are of an administrative and mechanical nature only. Nothing in this Agreement shall be construed so as to constitute the Agent as a trustee for any Bank or to impose upon the Agent any duties or responsibilities other than those for which express provision is made herein. Except where otherwise expressed or implied, the Agent, in performing its duties and functions hereunder and under the other Loan Documents, does not assume, and shall not be deemed to have assumed, any obligations toward, or relationship of agency or trust with or for, the Borrower.
Limited Scope of Duties. (a) Nothing in this Agreement is intended to, or shall be construed as to, impose upon the Agent any duties or responsibility in respect of this Agreement except as expressly set forth in this Agreement. The relationship between the Agent and each of the Lenders is that of agent and principal only and the respective duties and obligations of the Agent are of an administrative and mechanical nature only. Nothing in this Agreement shall be construed so as to constitute the Agent as a trustee or fiduciary for any Lender or to impose upon an Agent any duties or responsibilities other than those for which express provision is made herein.
Limited Scope of Duties. (a) Nothing in this Agreement, expressed or implied, is intended to, or shall be construed as to, impose upon the Agent any duties or responsibility in respect of this Agreement except as expressly set forth herein or as set forth in §20.5(b). Except as set forth explicitly in §20.1(a) hereof, the relationship between the Agent and each of the Lenders is that of agent and principal only and the duties and obligations of the Agent are of an administrative and mechanical nature only. Except as set forth explicitly in §20.1(a) hereof, nothing in this Agreement shall be construed so as to constitute the Agent as a trustee or fiduciary for any Lender, or any Person, or to impose upon the Agent any duties or responsibilities other than those for which express provision is made herein. The Agent, in performing its duties and functions hereunder, does not assume, and shall not be deemed to have assumed, any obligations toward, or relationship of agency, fiduciary, or trust with or for the Borrower.
Limited Scope of Duties. RCTC’s and the City’s duties and obligations under this Agreement are limited to those described herein. RCTC has no obligation with respect to the safety of any Work performed at a job site. In addition, RCTC shall not be liable for any action of City or its contractors relating to the condemnation of property undertaken by City or construction related to the Work.
