Common use of No Implied Duties, etc Clause in Contracts

No Implied Duties, etc. The Agent shall have and may exercise ---------------------- such powers as are specifically delegated to the Agent under this Agreement or any other Credit Document together with all other powers incidental thereto. The Agent shall have no implied duties to any Person or any obligation to take any action under this Agreement or any other Credit Document except for action specifically provided for in this Agreement or any other Credit Document to be taken by the Agent.

Appears in 1 contract

Samples: Credit Agreement (Westower Corp)

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No Implied Duties, etc. The Agent shall have and may exercise ---------------------- such powers as are specifically delegated to the Agent under this Agreement or any other Credit Document together with all other powers incidental thereto. The Agent shall have no implied duties to any Person or any obligation to take any action under this Agreement or any other Credit Document except for action specifically provided for in this Agreement or any other Credit Document to be taken by the Agent.the

Appears in 1 contract

Samples: Credit Agreement (Booth Creek Ski Holdings Inc)

No Implied Duties, etc. The Agent shall have and may exercise ---------------------- such powers as are specifically delegated to the Agent under this Agreement or any other Credit Document together with all other powers incidental thereto. The Agent shall have no implied duties to any Person Lender or any obligation to take any action under this Agreement or any other Credit Document except for action specifically provided for in this Agreement or any other Credit Document to be taken by the Agent.

Appears in 1 contract

Samples: Credit Agreement (Marquee Group Inc)

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No Implied Duties, etc. The Agent shall have and may exercise ---------------------- such powers as are specifically delegated to the Agent under this Agreement or any other Second Lien Credit Document together with all other powers incidental thereto. The Agent shall have no implied duties to any Person or any obligation to take any action under this Agreement or any other Second Lien Credit Document except for action specifically provided for in this Agreement or any other Second Lien Credit Document to be taken by the Agent. The Agent shall not by any reason of this Agreement or the Second Lien Credit Documents have a fiduciary relationship in respect of any Noteholder or LC Issuer.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Core-Mark Holding Company, Inc.)

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