Common use of Responsibility of the Agent and Other Matters Clause in Contracts

Responsibility of the Agent and Other Matters. (a) The Agent shall have no duties or responsibilities except those expressly set forth in this Agreement and those duties and liabilities shall be subject to the limitations and qualifications set forth in this Section. The duties of the Agent shall be mechanical and administrative in nature.

Appears in 27 contracts

Samples: Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp)

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Responsibility of the Agent and Other Matters. (a) The Agent shall have no duties or responsibilities in its capacity as Agent except those expressly set forth in this Agreement and the other Loan Documents and those duties and liabilities shall be subject to the limitations and qualifications set forth in this Section. The duties of the Agent shall be mechanical and administrative in nature.

Appears in 5 contracts

Samples: Pledge Agreement (Graco Inc), Credit Agreement (Graco Inc), Credit Agreement (Graco Inc)

Responsibility of the Agent and Other Matters. (a) The Agent shall have no duties or responsibilities except those expressly set forth in this Agreement (including, without limitation, the duty to forward copies of reports, certificates and other information to the Banks pursuant to SECTION 8.1) and those duties and liabilities shall be subject to the limitations and qualifications set forth in this Section. The duties of the Agent shall be mechanical and administrative in nature.

Appears in 1 contract

Samples: Credit Agreement (American Equity Investment Life Holding Co)

Responsibility of the Agent and Other Matters. (a) a The Agent shall have no duties or responsibilities except those expressly set forth in this Agreement and those duties and liabilities shall be subject to the limitations and qualifications set forth in this SectionSection 13. The duties of the Agent shall be mechanical and administrative in nature.

Appears in 1 contract

Samples: Revolving Credit Agreement (NPC International Inc)

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Responsibility of the Agent and Other Matters. (a) The Agent shall have no duties duties, responsibilities or responsibilities liabilities except those expressly set forth in this Agreement the Loan Documents, and those duties duties, responsibilities and liabilities shall be subject to the limitations and qualifications set forth in this SectionArticle 7 or in an applicable Loan Document. The duties of the Agent shall be mechanical and administrative in nature.

Appears in 1 contract

Samples: Modification and Amendment Agreement (Qorus Com Inc)

Responsibility of the Agent and Other Matters. (a) The Agent shall have no duties or responsibilities except those expressly set forth in this Agreement (including, without limitation, the duty to forward copies of reports, certificates and other information to the Banks pursuant to Section 8.1) and those duties and liabilities shall be subject to the limitations and qualifications set forth in this Section. The duties of the Agent shall be mechanical and administrative in nature.

Appears in 1 contract

Samples: Credit Agreement (American Equity Investment Life Holding Co)

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