RESPONSIBILITY OF THE AGENTS. 24.1 The Agents shall not be responsible or accountable to anyone with respect to the validity of this Agreement or the Notes or Coupons or for any act or omission by any Agent in connection with this Agreement or any Note or Coupon except for their own negligence, wilful default or bad faith, including that of their respective officers and employees.
24.2 The Agents shall have no duty or responsibility in case of any default by the Issuer in the performance of its obligations under this Agreement, the Trust Deed or 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 forthwith upon receipt by the Principal Paying Agent of a notice given by a Noteholder in accordance with Condition 14, the Principal Paying Agent will notify the Issuer and the Trustee thereof and furnish it with a copy of such notice.
24.3 Whenever in the performance of its duties under this Agreement an Agent shall deem it necessary or desirable that any fact or matter be proved or established by the Issuer or the Trustee prior to taking or suffering any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a certificate signed by the Issuer or the Trustee and delivered to such Agent and such certificate shall be a full authorisation to such Agent, in its capacity as such, for any action taken or suffered in good faith by it under the provisions of this Agreement in reliance upon such certificate.
RESPONSIBILITY OF THE AGENTS. 20.1 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, fraud, wilful default, including that of its officers and employees.
20.2 No Agent shall have any duty or responsibility in the case of any default by the Issuer 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 a notice given by a Noteholder in accordance with Condition 9, the Principal Paying Agent notifies the Issuer of the fact and furnishes it with a copy of the notice.
20.3 Whenever in the performance of its duties under this Agreement an Agent shall deem it desirable that any matter be established by the Issuer prior to taking or suffering any action under this Agreement, the matter may be deemed to be conclusively established by a certificate signed by the Issuer and delivered to the Agent and the certificate shall be a full authorisation to the Agent for any action taken or suffered in good faith by it under the provisions of this Agreement in reliance upon the certificate.
RESPONSIBILITY OF THE AGENTS. 22.1 No Agent shall be responsible to anyone with respect to the validity of this Agreement or the Covered Bonds, Receipts or Coupons or for any act or omission by it in connection with this Agreement or any Covered Bond, Receipt or Coupon except for its own wilful default, negligence, bad faith or fraud, including that of its officers and employees.
22.2 No Agent shall have any duty or responsibility in the case of any default by any of the Issuer or the Guarantors in the performance of its obligations under the Terms and Conditions or the Trust Deed or, in the case of receipt of a written request from a Covered Bondholder, Receiptholder or Couponholder, with respect to such default, provided however that immediately on receiving any written request by a Covered Bondholder in accordance with Condition 9 (Events of Default, Acceleration and Enforcement), the Principal Paying Agent notifies the Issuer, the Guarantors and the Bond Trustee of the fact and furnishes them with a copy of such written request.
22.3 Whenever in the performance of its duties under this Agreement an Agent shall deem it desirable that any matter be established by the Issuer, any of the Guarantors or the Bond Trustee prior to taking or suffering any action under this Agreement, the matter may be deemed to be conclusively established by a certificate signed by the Issuer, any of the Guarantors or the Bond Trustee and delivered to the relevant Agent and the certificate shall be a full authorisation to such Agent for any action taken or suffered in good faith by it under the provisions of this Agreement in reliance upon the certificate.
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 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 gross negligence, wilful default or bad faith, including that of its officers and employees.
20.2 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 promptly on receiving any notice given by a Noteholder in accordance with Condition 10 (Events of Default and Enforcement), the Principal Paying Agent notifies the relevant Issuer and the Guarantor of the fact and furnishes it with a copy of the notice.
20.3 Whenever in the performance of its duties under this Agreement an Agent shall deem it desirable that any matter be established by an Issuer or the Guarantor prior to taking or suffering any action under this Agreement, the matter may be deemed to be conclusively established by a certificate signed by the relevant Issuer or the Guarantor and delivered to the Agent and the certificate shall be a full authorisation to the Agent for any action taken or suffered in good faith by it under the provisions of this Agreement in reliance upon the certificate.
RESPONSIBILITY OF THE AGENTS. 22.1 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.
22.2 No Agent shall have any duty or responsibility in the case of any default by the Issuer in the performance of its obligations under the relevant 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 8 of the applicable Conditions (Events of Default), the Principal Paying Agent notifies the Issuer of the fact and furnishes it with a copy of the notice.
22.3 Whenever in the performance of its duties under this Agreement an Agent shall deem it desirable that any matter be established by the Issuer prior to taking or suffering any action under this Agreement, the matter may be deemed to be conclusively established by a certificate signed by the Issuer and delivered to the Agent and the certificate shall be a full authorisation to the Agent for any action taken or suffered in good faith by it under the provisions of this Agreement in reliance upon the certificate.
22.4 Notwithstanding anything else herein contained, the Agents may refrain without liability from doing anything that would or might in its opinion be contrary to any law of any state or jurisdiction (including but not limited to the laws of Norway, the United States of America or any jurisdiction forming a part of it and England & Wales) or any directive or regulation of any agency of any such state or jurisdiction and may without liability do anything which is, in its opinion, necessary to comply with any such law, directive or regulation.
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. (1) No Agent shall be responsible to anyone with respect to the validity of this Agreement or the Notes, Coupons or Talon or for any act or omission by it in connection with this Agreement or any Note, Coupon or Talon except for its own negligence, default, wilful misconduct or bad faith, including that of its officers, directors and employees.
(2) No Agent shall have any duty or responsibility in the case of any default by the Issuer in the performance of its obligations under the Conditions.
(3) Whenever in the performance of its duties under this Agreement an Agent shall deem it desirable that any matter be established by the Issuer prior to taking or suffering any action under this Agreement, the matter may be deemed to be conclusively established by a certificate signed by the Issuer and delivered to the Agent and the certificate shall be a full authorisation to the Agent for any action taken or suffered in good faith by it under the provisions of this Agreement in reliance upon the certificate.
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.
21.2 Except as otherwise provided for in this Agreement, no Agent shall have any duty or responsibility in case of any default by the relevant Issuer 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.
21.3 Whenever in the performance of its duties under this Agreement an Agent shall, on reasonable grounds, deem it necessary or desirable that any fact or matter be proved or established by the relevant Issuer prior to taking or suffering any action hereunder, such fact or matter (unless other evidence in respect thereof be herein specifically prescribed) may be deemed to be conclusively proved and established by a certificate signed by the relevant Issuer and delivered to such Agent and such certificate shall be a full authorisation to such Agent, in its capacity as such, for any action taken or suffered in good faith by it under the provisions of this Agreement in reliance upon such certificate.
21.4 Each Agent shall not be responsible for any losses, liabilities, costs, expenses, claims, actions and demands arising as a direct or indirect result of any force majeure event.
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.
