Common use of Ministerial Nature of Duties Clause in Contracts

Ministerial Nature of Duties. As between the 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 Article 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: Revolving Credit and Letter of Credit Issuance Agreement (Rmi Titanium Co), Revolving Credit and Letter of Credit Issuance Agreement (Rti International Metals Inc)

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Ministerial Nature of Duties. As between among the Lenders, Lenders and the L/C Issuer and itselfAgent, 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 Article IXVIII. 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: Credit Agreement (Natural Resource Partners Lp), Credit Agreement (Natural Resource Partners Lp)

Ministerial Nature of Duties. As between the 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 Article IX. The duties of the Agent shall be ministerial and administrative in nature. The Co-Documentation Agents shall have no duties as agents hereunder.

Appears in 1 contract

Samples: Revolving Credit and Letter of Credit Issuance Agreement (Rti International Metals Inc)

Ministerial Nature of Duties. As between the 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 Article 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 1 contract

Samples: Credit Agreement (Spectrum Control Inc)

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Ministerial Nature of Duties. As between the Lenders, the L/C Issuer 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 Article 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 1 contract

Samples: Revolving Credit and Letter of Credit Issuance Agreement (Pitt Des Moines Inc)

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