Common use of No Risk Clause in Contracts

No Risk. No provision of this Agreement requires the Collateral Agent to expend or risk its own funds or otherwise incur financial liability in the performance of any of its duties or in the exercise of any of its rights or powers, if it has reasonable grounds to believe that repayment of its funds or adequate indemnity against the risk or liability is not reasonably assured to it.

Appears in 3 contracts

Samples: Collateral Agency Agreement (G Medical Innovations Holdings Ltd.), Collateral Agency Agreement (G Medical Innovations Holdings Ltd.), Collateral Agency Agreement (G Medical Innovations Holdings Ltd.)

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No Risk. No provision of this Agreement requires shall require the Collateral Rights Agent to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder or in the exercise of any of its rights or powers, if it has there are reasonable grounds to believe for believing that repayment of its such funds or adequate indemnity indemnification against the such risk or liability is not reasonably assured to it.

Appears in 2 contracts

Samples: Rights Agreement (Cubic Corp /De/), Rights Agreement

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