Common use of Managing Agents and Co-Agents Clause in Contracts

Managing Agents and Co-Agents. Borrower, the Agents and each Bank acknowledges and agrees that the obligations of the Managing Agents and the Co-Agents hereunder shall be limited to those obligations that are expressly set forth herein, if any, and the Managing Agents and the Co-Agents shall not be required to take any action or assume any liability except as may be required in each of their capacity as a Bank hereunder. Borrower, the Agents and each Bank agrees that the indemnifications set forth herein for the benefit of the Agents shall also run to the benefit of the Managing Agents and the Co-Agents to the extent the Managing Agents and/or any Agent incurs any loss, cost or damage arising from its capacity as the Managing Agents or as a Co-Agent.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Equity Office Properties Trust), Revolving Credit Agreement (Eop Operating LTD Partnership)

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Managing Agents and Co-Agents. Borrower, the Agents and each Bank acknowledges and agrees that the obligations of the Managing Agents and the Co-Agents hereunder shall be limited to those obligations that are expressly set forth herein, if any, and the Managing Agents and the Co-Agents shall not be required to take any action or assume any liability except as may be required in each of their capacity as a Bank hereunder. Borrower, the Agents and each Bank agrees that the indemnifications set forth herein for the benefit of the Agents shall also run to the benefit of the Managing Agents and the Co-Agents to the extent the Managing Agents and/or any Agent incurs any loss, cost or damage arising from its capacity as the Managing Agents or as a Co-Agent.. [SIGNATURE PAGE FOLLOWS]

Appears in 1 contract

Samples: Credit Agreement (Equity Office Properties Trust)

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Managing Agents and Co-Agents. Borrower, the Agents and each Bank acknowledges and agrees that the obligations of the Managing Agents and the Co-Co- Agents hereunder shall be limited to those obligations that are expressly set forth herein, if any, and the Managing Agents and the Co-Agents shall not be required to take any action or assume any liability except as may be required in each of their capacity as a Bank hereunder. Borrower, the Agents and each Bank agrees that the indemnifications set forth herein for the benefit of the Agents shall also run to the benefit of the Managing Agents and the Co-Agents to the extent the Managing Agents and/or any Agent incurs any loss, cost or damage arising from its capacity as the Managing Agents or as a Co-Agent.

Appears in 1 contract

Samples: Revolving Credit Agreement (Amb Property Lp)

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