Common use of Rights and discretions of the Agent Clause in Contracts

Rights and discretions of the Agent. 20.6.1 The Agent may rely on: (a) any representation, notice or document believed by it to be genuine, correct and appropriately authorised; and (b) any statement made by a director, authorised signatory or employee of any person regarding any matters which may reasonably be assumed to be within his knowledge or within his power to verify. 20.6.2 The Agent may assume (unless it has received notice to the contrary in its capacity as agent for the Lenders) that: (a) no Event of Default has occurred (unless it has actual knowledge of an Event of Default arising under Clause 13.2); and (b) any right, power, authority or discretion vested in any Party or the Lenders has not been exercised. 20.6.3 The Agent may engage, pay for and rely on the advice or services of any lawyers, accountants, surveyors or other experts. 20.6.4 The Agent may act in relation to the Security Documents through its personnel and agents. 20.6.5 The Agent may disclose to any other Party any information it reasonably believes it has received as the Agent under this Agreement. 20.6.6 Notwithstanding any other provision of any Security Document to the contrary, neither the Agent nor any of the Mandated Lead Arrangers is obliged to do or omit to do anything if it would or might in its reasonable opinion constitute a breach of any law or regulation or a breach of a fiduciary duty or duty of confidentiality.

Rights and discretions of the Agent. 20.6.1 (a) The Agent may rely on: (ai) any representation, notice or document believed by it to be genuine, correct and appropriately authorised; and (bii) any statement made by a director, authorised signatory or employee of any person regarding any matters which may reasonably be assumed to be within his knowledge or within his power to verify. 20.6.2 (b) The Agent may assume (unless it has received notice to the contrary in its capacity as agent Agent for the Lenders) that: (ai) no Event of Default has occurred (unless it has actual knowledge of an Event of Default arising under Clause 13.227.1 (Non-payment)); and (bii) any right, power, authority or discretion vested in any Party or the Required Lenders has not been exercised. 20.6.3 (c) The Agent may engage, pay for and rely on the advice or services of any lawyers, accountants, surveyors or other experts. 20.6.4 (d) The Agent may act in relation to the Security Finance Documents through its personnel and agents. 20.6.5 (e) The Agent may disclose to any other Party any information it reasonably believes it has received as the Agent agent under this Agreement. 20.6.6 (f) Notwithstanding any other provision of any Security Finance Document to the contrary, neither the Agent nor any of the Mandated Lead Arrangers is not obliged to do or omit to do anything if it would or might in its reasonable opinion constitute a breach of any law or regulation or a breach of a fiduciary duty or duty of confidentialityconfidentiality or render it liable to any person.

Rights and discretions of the Agent. 20.6.1 24.6.1 The Agent may rely on: (a) any representation, notice or document believed by it to be genuine, correct and appropriately authorised; and (b) any statement made by a director, authorised signatory or employee of any person regarding any matters which may reasonably be assumed to be within his knowledge or within his power to verify. 20.6.2 24.6.2 The Agent may assume (unless it has received notice to the contrary in its capacity as agent for the Lenders) that: (a) no Event of Default has occurred (unless it has actual knowledge of an Event of a Default arising under Clause 13.221.1 (Non-payment); and); (b) any right, power, authority or discretion vested in any Party or the Majority Lenders has not been exercised. 20.6.3 24.6.3 The Agent may engage, pay for and rely on the advice or services of any lawyers, accountants, surveyors or other experts. 20.6.4 24.6.4 The Agent may act in relation to the Security Finance Documents through its personnel and agents. 20.6.5 24.6.5 The Agent may disclose to any other Party any information it reasonably believes it has received as the Agent agent under this Agreement. 20.6.6 24.6.6 Notwithstanding any other provision of any Security Finance Document to the contrary, neither the Agent nor any of the Mandated Lead Arrangers Arranger is obliged to do or omit to do anything if it would or might in its reasonable opinion constitute a breach of any law or regulation or a breach of a fiduciary duty or duty of confidentiality.

Rights and discretions of the Agent. 20.6.1 The Agent may rely on: (a) any representation, notice or document believed by it to be genuine, correct and appropriately authorised; and (b) any statement made by a director, authorised signatory or employee of any person regarding any matters which may reasonably be assumed to be within his knowledge or within his power to verify. 20.6.2 The Agent may assume (unless it has received notice to the contrary in its capacity as agent for the Lenders) that: (a) no Event of Default has occurred (unless it has actual knowledge of an Event of Default arising under Clause 13.2); and (b) any right, power, authority or discretion vested in any Party or the Lenders has not been exercised. 20.6.3 The Agent may engage, pay for and rely on the advice or services of any lawyers, accountants, surveyors or other experts. 20.6.4 The Agent may act in relation to the Security Documents through its personnel and agents. 20.6.5 The Agent may disclose to any other Party any information it reasonably believes it has received as the Agent under this Agreement. 20.6.6 Notwithstanding any other provision of any Security Document to the contrary, neither the Agent nor any of the Mandated Lead Arrangers is obliged to do or omit to do anything if it would or might in its reasonable opinion constitute a breach of any law or regulation or a breach of a fiduciary duty or duty of confidentiality.