Common use of Not Liable for Actions Clause in Contracts

Not Liable for Actions. No Agent shall be liable for any action taken or omitted by it except to the extent that a court of competent jurisdiction determines that such Agent’s gross negligence, wilful default or fraud was the primary cause of any loss to the Issuer.

Appears in 2 contracts

Samples: Fiscal Agency Agreement (21Vianet Group, Inc.), Fiscal Agency Agreement (21Vianet Group, Inc.)

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Not Liable for Actions. No Agent shall be liable for any action taken or omitted by it except to the extent that a court of competent jurisdiction determines that such the Agent’s gross negligence, wilful default misconduct or fraud was the primary cause of any loss to the Issuer.

Appears in 1 contract

Samples: Note Agency Agreement (China Time Share Media Co. LTD)

Not Liable for Actions. No Agent The Agents shall not be liable for any action taken or omitted by it except to the extent that a court of competent jurisdiction determines that such the Agent’s gross negligence, wilful default negligence or fraud willful misconduct was the primary cause of any loss to the Issuer.

Appears in 1 contract

Samples: Db Trustees (Melco Crown Entertainment LTD)

Not Liable for Actions. No Agent shall be liable for any action taken or omitted by it except to the extent that a court of competent jurisdiction determines that such the Agent’s gross negligence, negligence or wilful default or fraud was the primary cause of any loss to the Issuer.

Appears in 1 contract

Samples: Fiscal Agency Agreement (AMTD International Inc.)

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Not Liable for Actions. No Warrant Agent shall be liable for any action taken or omitted by it except to the extent that a court of competent jurisdiction determines that such Warrant Agent’s gross negligence, wilful default misconduct or fraud was the primary cause of any loss to the Issuer.

Appears in 1 contract

Samples: Agreement (China Time Share Media Co. LTD)

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