Common use of No Implied Obligations Clause in Contracts

No Implied Obligations. Each of the Global Agent and the Exchange Administrator shall be obligated to perform such duties and only such duties as are set forth herein and in the Debt Agreement and no implied duties or obligations shall be read into this Agreement or any of the Notes against the Global Agent or the Exchange Administrator. Any permissive right of the Global Agent or the Exchange Administrator set forth in this Agreement shall not be construed as a duty. Neither the Global Agent nor the Exchange Administrator shall be under any obligation to risk or expend its own funds or take any action hereunder which may tend to involve it in any expense or liability the payment or indemnification of which within a reasonable time is not, in its reasonable opinion, assured to it. Neither the Global Agent nor the Exchange Administrator shall be liable for any action taken, suffered or omitted to be taken by it in good faith and reasonably believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Agreement.

No Implied Obligations. Each of the Global Agent and the Exchange Administrator shall be obligated to perform such duties and only such duties as are set forth herein and in the Debt Agreement and no implied duties or obligations shall be read into this Agreement or any of the Notes against the Global Agent or the Exchange Administrator. Any permissive right of the Global Agent or the Exchange Administrator set forth in this Agreement shall not be construed as a duty. Neither the Global Agent nor the Exchange Administrator shall be under any obligation to risk or expend its own funds or take any action hereunder which may tend to involve it in any expense or liability the payment or indemnification of which within a reasonable time is not, in its reasonable opinion, assured to it. Neither the Global Agent nor the Exchange Administrator shall be liable for any errors in judgment or for any action taken, suffered or omitted to be taken by it in good faith and reasonably believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Agreement.

No Implied Obligations. Each of the Global Agent and the Exchange Administrator shall be obligated to perform such duties and only such duties as are set forth herein and in the Debt Agreement and no implied duties or obligations shall be read into this Agreement or any of the Notes against the Global Agent or the Exchange Administrator. Any permissive right of the Global Agent or the Exchange Administrator set forth in this Agreement shall not be construed as a duty. Neither the Global Agent nor the Exchange Administrator shall be under any obligation to risk or expend its own funds or take any action hereunder which may tend to involve it in any expense or liability the payment or indemnification of which within a reasonable time is not, in its reasonable opinion, assured to it. Neither the Global Agent nor the Exchange Administrator shall be liable for any errors in judgement or for any action taken, suffered or omitted to be taken by it in good faith and reasonably believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Agreement.