Common use of REPRESENTATIVES' AUTHORITY AND OBLIGATIONS Clause in Contracts

REPRESENTATIVES' AUTHORITY AND OBLIGATIONS. The Representative shall have full authority to take such actions as it may deem advisable in respect of all matters pertaining to the offering or arising thereunder. The Representative shall not be under any liability to the Selected Dealer, except such as may be incurred under the Securities Act of 1933 and the rules and regulations thereunder, except for lack of good faith and except for obligations assumed by it in this Agreement, and no obligation on its part shall be implied or inferred herefrom.

REPRESENTATIVES' AUTHORITY AND OBLIGATIONS. The Representative Representatives shall have full authority to take such actions as it may they deem advisable in respect of all matters pertaining to the offering or arising thereunder. The Representative Representatives shall not be under any liability to the Selected Dealer, except such as may be incurred under the Securities Act of 1933 and the rules and regulations thereunder, except for lack of good faith and except for obligations assumed by it the Representatives in this Agreement, and no obligation on its their part shall be implied or inferred herefrom.