No Liability of Administrative Agent. The Administrative Agent shall not be obliged to check the nature or sufficiency of any payment received by it under this Charge Over Shares or to preserve, exercise or enforce any right forming part of, or relating to, any Collateral.
Appears in 3 contracts
Samples: Credit Agreement (L 3 Communications Corp), 364 Day Credit Agreement (L 3 Communications Corp), Credit Agreement (L 3 Communications Corp)
No Liability of Administrative Agent. The Administrative Agent shall not be obliged liable to check Buyer or any Buyer Indemnified Party for any actions or failures to act by the nature or sufficiency of any payment received by it under this Charge Over Shares or to preserve, exercise or enforce any right forming part of, or relating to, any CollateralAdministrative Agent in its capacity as Administrative Agent.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Bullfrog Gold Corp.)
