RESPONSIBILITY OF THE AGENTS. (1) No Agent shall be responsible to anyone with respect to the validity of this Agreement or the Notes or Coupons or for any act or omission by it in connection with this Agreement or any Note or Coupon except for its own negligence, default or bad faith, including that of its officers and employees.
RESPONSIBILITY OF THE AGENTS. The duties and obligations of the Agents under this Agreement are only those expressly set forth in this Agreement. Each of the Agents shall be entitled to assume that no Default or Event of Default has occurred and is continuing unless it has actual knowledge, or has been notified by the Borrower, of such fact, or has been notified by a Lender that such Lender considers that a Default or an Event of Default has occurred and is continuing, and such Lender shall specify in detail the nature thereof in writing. None of the Agents shall be liable to any of the Lenders hereunder for any action taken or omitted to be taken except for its own gross negligence or willful misconduct. The Administrative Agent shall provide each Lender with copies of such documents received from the Borrower as such Lender may reasonably request.
RESPONSIBILITY OF THE AGENTS. 20.1 The duties, responsibilities and obligations of Agents shall be limited to those expressly set forth herein and no duties, responsibilities or obligations shall be inferred or implied against the Agents. The Agents shall not be required to expend or risk any of its own funds or otherwise incur any liability, financial or otherwise, in the performance of any of its duties hereunder.
RESPONSIBILITY OF THE AGENTS. The obligations of the Agents to the other Finance Parties under the Operative Documents are only those expressly set forth therein. No Agent shall have any fiduciary obligation to any Finance Party. The Agents shall only have those contractual obligations expressly set forth in the Operative Documents. No Agent shall have any duty or obligation to investigate whether any Default has occurred. The Administrative Agent shall be entitled to assume that no Default has occurred and is continuing, unless an officer of the Administrative Agent charged with the administration of this Agreement has actual knowledge or has been notified by the Borrower of such fact or has been notified by the Majority Lenders that they consider that a Default has occurred and is continuing, such notification to specify in detail the nature thereof.
RESPONSIBILITY OF THE AGENTS. 20.1 Each Paying Agent, the Transfer Agent, the Exchange Agent and the Registrar shall not be responsible or accountable to anyone with respect to the validity of this Agreement or the Notes or Coupons or (other than as provided in clause 21 below) for any act or omission by it in connection with this Agreement or any Note or Coupon except for its own negligence, default or bad faith, or that of its officers, directors, agents or employees.
RESPONSIBILITY OF THE AGENTS. 21.1 No Agent shall be responsible or accountable to anyone with respect to the validity of this Agreement or the Notes or Coupons.
RESPONSIBILITY OF THE AGENTS. The duties and obligations of the Administrative Agent under this Agreement are only those expressly set forth in this Agreement. The Administrative Agent shall be entitled to assume that no Default or Event of Default has occurred and is continuing unless it has actual knowledge, or has been notified by the Borrower, of such fact, or has been notified by a Lender in writing that such Lender considers that a Default or an Event of Default has occurred and is continuing, and such Lender shall specify in detail the nature thereof. The Administrative Agent shall not be liable hereunder for any action taken or omitted to be taken except for its own gross negligence or willful misconduct as determined by a final, non-appealable judicial order of a court of competent jurisdiction. The Administrative Agent shall provide each Lender with copies of such documents received from the Borrower as such Lender may reasonably request.
RESPONSIBILITY OF THE AGENTS. 20.1 No Agent shall be liable for any consequential, special, indirect or speculative loss or damage (being loss of business, goodwill, opportunity or profit of any kind) which arises out of or in connection with this Agreement, even if advised of the possibility of such loss or damage.
RESPONSIBILITY OF THE AGENTS. 20.1 No Agent shall have any duty or responsibility in the case of any default by the Issuers or the Guarantor in the performance of its obligations under the Conditions or, in the case of receipt of a written demand from a Noteholder or Couponholder, with respect to such default, provided however that immediately on receiving any notice given by a Noteholder in accordance with Condition 10.1 (Events of Default), the Principal Paying Agent notifies the relevant Issuer and, where applicable, the Guarantor of the fact and furnishes it with a copy of the notice.
RESPONSIBILITY OF THE AGENTS. 20.1 No Agent shall, except as provided in clause 19, be responsible or accountable to anyone with respect to the validity of this Agreement or the Notes, Receipts or Coupons or for any act or omission by it in connection with this Agreement or any Note, Receipt or Coupon except for its own negligence, wilful default or bad faith, including that of its officers and employees or breach of this Agreement.
