Common use of Ministerial Nature of Duties Clause in Contracts

Ministerial Nature of Duties. As between the Banks and itself, the Agent shall not have any duties or responsibilities except those expressly set forth in this Agreement or in the other Loan Documents, and those duties and responsibilities shall be subject to the limitations and qualifications set forth in this Section 12. The duties of the Agent shall be ministerial and administrative in nature.

Appears in 3 contracts

Samples: Loan Agreement (Resource America Inc), Loan Agreement (Resource America Inc), Loan Agreement (Atlas Pipeline Partners Lp)

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Ministerial Nature of Duties. As between the Banks and itselfthemselves, the Agent shall not have any no duties or responsibilities except those expressly set forth in this Credit Agreement or in the other Loan Documents, and those duties and responsibilities shall be subject to the limitations and qualifications set forth in this Section 12Article IX. The duties of the Agent shall be ministerial and administrative in nature.

Appears in 2 contracts

Samples: Credit Agreement (Education Management Corporation), Credit Agreement (Education Management Corporation)

Ministerial Nature of Duties. As between the Banks Lenders, the L/C ---------------------------- Issuer and itself, the Agent shall not have any duties or responsibilities except those expressly set forth in this Agreement or in the other Loan Documents, and those duties and responsibilities shall be subject to the limitations and qualifications set forth in this Section 12Article IX. The duties of the Agent shall be ministerial and administrative in nature.

Appears in 2 contracts

Samples: Revolving Credit and Letter of Credit Issuance Agreement (Carbide Graphite Group Inc /De/), Credit Agreement (Mastech Corp)

Ministerial Nature of Duties. As between the Banks Lenders, the ---------------------------- Issuing Bank and itself, the Agent shall not have any duties or responsibilities except those expressly set forth in this Agreement or in the other Loan Documents, and those duties and responsibilities shall be subject to the limitations and qualifications set forth in this Section 12Article IX. The duties of the Agent shall be ministerial and administrative in nature.

Appears in 1 contract

Samples: Credit Agreement (Igate Capital Corp)

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Ministerial Nature of Duties. As between the Banks and itself, the Agent shall not have any duties or responsibilities except those expressly set forth in this Agreement or in the other Loan Documents, and those duties and responsibilities shall be subject to the limitations and qualifications set forth in this Section 1211. The duties of the Agent shall be ministerial and administrative in nature.

Appears in 1 contract

Samples: Loan Agreement (Resource America Inc)

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