Common use of No Risk of Funds Clause in Contracts

No Risk of Funds. None of the provisions of this Agreement or the other Collateral Documents shall be construed to require the Collateral Agent in its individual capacity to expend or risk its own funds or otherwise to incur any personal financial liability in the performance of any of its duties hereunder or thereunder.

Appears in 2 contracts

Samples: Collateral Agency and Intercreditor Agreement (Dynegy Inc.), Collateral Agency and Intercreditor Agreement (Dynegy Inc /Il/)

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No Risk of Funds. None of the provisions of this Agreement or the other Collateral Financing Documents shall be construed to require the Collateral Agent in its individual capacity to expend or risk its own funds or otherwise to incur any personal financial liability in the performance of any of its duties hereunder or thereunder.

Appears in 1 contract

Samples: Credit Agreement (ClearBridge Energy MLP Opportunity Fund Inc.)

No Risk of Funds. None of the provisions of this Agreement or the other Collateral Financing Documents shall be construed to require the any Collateral Agent in its individual capacity to expend or risk its own funds or otherwise to incur any personal financial liability in the performance of any of its duties hereunder or thereunder. SECTION 8.

Appears in 1 contract

Samples: Collateral Agency and Intercreditor Agreement (Talen Energy Supply, LLC)

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No Risk of Funds. None of the provisions No provision of this Agreement or the other Collateral Documents shall be construed to require the Collateral Agent in its individual capacity to expend or risk its own funds or otherwise to incur any personal financial liability in the performance of any of its duties hereunder hereunder, or thereunderin the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it.

Appears in 1 contract

Samples: Collateral Agency Agreement (Solyndra, Inc.)

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