Common use of Powers and Duties General Immunity Clause in Contracts

Powers and Duties General Immunity. X. XXXXXX; DUTIES SPECIFIED. Each Lender irrevocably authorizes each Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Agent shall have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 6 contracts

Samples: Credit Agreement (Anthony Crane Holdings Capital Corp), Credit Agreement (Price Communications Wireless Inc), Credit Agreement (Sandhills Inc)

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Powers and Duties General Immunity. X. XXXXXX; DUTIES SPECIFIED. Each Lender irrevocably authorizes each Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 4 contracts

Samples: Credit Agreement (Goss Graphic Systems Inc), Credit Agreement (Hines Horticulture Inc), Credit Agreement (Varco International Inc)

Powers and Duties General Immunity. X. XXXXXX(a) Powers; DUTIES SPECIFIED. Duties Specified Each Lender irrevocably authorizes each Administrative Agent to take such action on such Lender's ’s behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Administrative Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Administrative Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Administrative Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Administrative Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any LenderLender or Company; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Administrative Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 3 contracts

Samples: Credit Agreement (U.S. Silica Holdings, Inc.), Credit Agreement (U.S. Silica Holdings, Inc.), Credit Agreement (Grande Communications Holdings, Inc.)

Powers and Duties General Immunity. X. XXXXXXA. POWERS; DUTIES SPECIFIED. Each Lender irrevocably authorizes each Adminxxxxxxxxx Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Administrative Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Administrative Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Administrative Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Administrative Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Administrative Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.. 120

Appears in 2 contracts

Samples: Credit Agreement (Integrated Defense Technologies Inc), Credit Agreement (Integrated Defense Technologies Inc)

Powers and Duties General Immunity. X. XXXXXXXxxxxx; DUTIES SPECIFIEDDuties Specified. Each Lender irrevocably authorizes each the Administrative Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such the Administrative Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each The Administrative Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each The Administrative Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No The Administrative Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any the Administrative Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 2 contracts

Samples: Credit Agreement (Fibernet Telecom Group Inc\), Credit Agreement (Fibernet Telecom Group Inc\)

Powers and Duties General Immunity. X. XXXXXX(a) Powers; DUTIES SPECIFIED. Duties Specified Each Lender irrevocably authorizes each Administrative Agent to take such action on such Lender's Xxxxxx’s behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Administrative Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Administrative Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Administrative Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Administrative Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any LenderLender or Company; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Administrative Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 2 contracts

Samples: Credit Agreement (U.S. Silica Holdings, Inc.), Credit Agreement (U.S. Silica Holdings, Inc.)

Powers and Duties General Immunity. X. XXXXXXA. Powers; DUTIES SPECIFIEDDuties Specified. Each Lender Xxxx Xxxder irrevocably authorizes each Administrative Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Administrative Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Administrative Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Administrative Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Administrative Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Administrative Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 2 contracts

Samples: Credit Agreement (Las Vegas Sands Inc), Credit Agreement (Las Vegas Sands Inc)

Powers and Duties General Immunity. X. XXXXXX; DUTIES SPECIFIED. (a) Each Lender Purchaser irrevocably authorizes each the Collateral Agent to take such action on such Lender's Purchaser’s behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Note Documents as are specifically delegated or granted to such the Collateral Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each The Collateral Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Note Documents. Each The Collateral Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No The Collateral Agent shall not have, by reason of this Agreement or any of the other Loan Note Documents, a fiduciary relationship in respect of any LenderPurchaser or any Note Party; and nothing in this Agreement or any of the other Loan Note Documents, expressed or implied, is intended to or shall be so construed as to impose upon any the Collateral Agent any obligations in respect of this Agreement or any of the other Loan Note Documents except as expressly set forth herein or therein.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Global Eagle Entertainment Inc.), Securities Purchase Agreement (Global Eagle Entertainment Inc.)

Powers and Duties General Immunity. X. XXXXXX; DUTIES SPECIFIED. Each Lender irrevocably authorizes each Administrative Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Administrative Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Administrative Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Administrative Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Administrative Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Administrative Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 2 contracts

Samples: Credit Agreement (Petco Animal Supplies Inc), Credit Agreement (Vertex Aerospace Inc)

Powers and Duties General Immunity. X. XXXXXXA. Xxxxxx; DUTIES SPECIFIEDDuties Specified. Each Lender irrevocably authorizes each Administrative Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Administrative Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Administrative Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Administrative Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Administrative Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Administrative Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.. B.

Appears in 1 contract

Samples: Credit Agreement (Isle of Capri Casinos Inc)

Powers and Duties General Immunity. X. XXXXXX; DUTIES SPECIFIED. Each Lender irrevocably authorizes each Agent of the Agents to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Agent Agents shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Agent Agents may each exercise 110 such powers, rights and remedies and perform such duties by or through its their agents or employees. No Agent Agents shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Agent Agents any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Credit Agreement (Afc Enterprises Inc)

Powers and Duties General Immunity. X. XXXXXX; DUTIES SPECIFIED. Each Lender irrevocably authorizes each Agent of the Agents to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Agent Agents shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Agent Agents may each exercise such powers, rights and remedies and perform such duties by or through its their agents or employees. No Agent Agents shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Agent Agents any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Credit Agreement (Afc Enterprises Inc)

Powers and Duties General Immunity. X. XXXXXX; DUTIES SPECIFIED. Each Lender irrevocably authorizes each Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No None of Agent, Syndication Agent or Documentation Agent shall have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Agent, Syndication Agent or Documentation Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Credit Agreement (Goss Graphic Systems Inc)

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Powers and Duties General Immunity. X. XXXXXXXxxxxx; DUTIES SPECIFIEDDuties Specified. Each Lender irrevocably authorizes each Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Agent by the terms hereof and thereof, ; together with such powers, rights and remedies as are reasonably incidental thereto. Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Each Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any such Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein. Neither Documentation Agent nor Syndication Agent shall have any duties or obligations under this Agreement in their capacities as such.

Appears in 1 contract

Samples: Credit Agreement (Digitas Inc)

Powers and Duties General Immunity. X. XXXXXX; DUTIES SPECIFIED. Each Lender irrevocably authorizes each Administrative Agent to take such action on such Lender's 146 behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Administrative Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Administrative Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Administrative Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Agent Agents shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Agent Agents any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Goss Graphic Systems Inc)

Powers and Duties General Immunity. X. XXXXXX; DUTIES SPECIFIED. Each Lender irrevocably authorizes each Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Administrative Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Agent shall have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Credit Agreement (Amphenol Corp /De/)

Powers and Duties General Immunity. X. XXXXXX; DUTIES SPECIFIED. Each Lender irrevocably authorizes each Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each such Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Agent shall have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Credit Agreement (LTM Holdings Inc)

Powers and Duties General Immunity. X. XXXXXX; DUTIES SPECIFIED. Each Lender irrevocably authorizes each Administrative Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Administrative Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Administrative Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Administrative Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Administrative Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any LenderLender or Company; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any 121 Administrative Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Credit Agreement (FTD Inc)

Powers and Duties General Immunity. X. XXXXXXA. Poxxxx; DUTIES SPECIFIEDXxties Specified. Each Lender irrevocably authorizes each Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Credit Agreement (Farmland Industries Inc)

Powers and Duties General Immunity. X. XXXXXX; DUTIES SPECIFIED. (a) Each Lender Noteholder irrevocably authorizes each the Collateral Agent to take such action on such LenderNoteholder's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Note Documents as are specifically delegated or granted to such the Collateral Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each The Collateral Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Note Documents. Each The Collateral Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No The Collateral Agent shall not have, by reason of this Agreement or any of the other Loan Note Documents, a fiduciary relationship in respect of any LenderNoteholder or the Issuer; and nothing in this Agreement or any of the other Loan Note Documents, expressed or implied, is intended to or shall be so construed as to impose upon any the Collateral Agent any obligations in respect of this Agreement or any of the other Loan Note Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Note Purchase Agreement (Skyterra Communications Inc)

Powers and Duties General Immunity. X. XXXXXXXxxxxx; DUTIES SPECIFIEDDuties Specified. Each Lender irrevocably authorizes each Administrative Agent to take such action on such Lender's behalf and to exercise such powers, rights and remedies hereunder and under the other Loan Documents as are specifically delegated or granted to such Administrative Agent by the terms hereof and thereof, together with such powers, rights and remedies as are reasonably incidental thereto. Each Administrative Agent shall have only those duties and responsibilities that are expressly specified in this Agreement and the other Loan Documents. Each Administrative Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. No Administrative Agent shall not have, by reason of this Agreement or any of the other Loan Documents, a fiduciary relationship in respect of any Lender; and nothing in this Agreement or any of the other Loan Documents, expressed or implied, is intended to or shall be so construed as to impose upon any Administrative Agent any obligations in respect of this Agreement or any of the other Loan Documents except as expressly set forth herein or therein.

Appears in 1 contract

Samples: Credit Agreement (Las Vegas Sands Inc)

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