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

AutoNDA by SimpleDocs

Ministerial Nature of Duties. As between among the Banks Lenders and itselfthe Agent, the Agent shall not have any no duties or responsibilities except those expressly set forth in this Agreement Agreement, the Revolving Credit Notes 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 VIII. The duties of the Agent shall be ministerial and administrative in nature.

Appears in 2 contracts

Samples: Credit Agreement (Natural Resource Partners Lp), Credit Agreement (Natural Resource Partners Lp)

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. The Co-Agents shall have no duties as agents hereunder.

Appears in 2 contracts

Samples: Rti International Metals Inc, Rmi Titanium Co

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: Credit Agreement (Mastech Corp), Assignment and Assumption Agreement (Carbide Graphite Group Inc /De/)

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. The Documentation Agents shall have no duties as agents hereunder.

Appears in 1 contract

Samples: Rti International Metals Inc

Ministerial Nature of Duties. As between the Banks Lenders, the L/C Issuer, the Swingline Lender 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: Pitt Des Moines Inc

AutoNDA by SimpleDocs

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)

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 1 contract

Samples: Credit Agreement (Spectrum Control Inc)

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)

Time is Money Join Law Insider Premium to draft better contracts faster.