Common use of Rights and Immunities of Secured Debt Representatives Clause in Contracts

Rights and Immunities of Secured Debt Representatives. The Secured Debt Representatives will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture or other agreement governing the applicable Secured Debt with respect to which such Person is acting or will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Obligors or the Collateral Agent hereunder.

Appears in 2 contracts

Samples: Collateral Trust Agreement (ICO Global Communications (Holdings) LTD), Recognition Agreement (Delta Energy Center, LLC)

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Rights and Immunities of Secured Debt Representatives. The Any present and future Secured Debt Representatives Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture or other agreement governing the applicable Secured Debt with respect to which such Person is acting or will act as representative, in each case as if specifically set forth herein. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Obligors or the Collateral Agent hereunder.

Appears in 1 contract

Samples: Collateral Trust Agreement (Banro Corp)

Rights and Immunities of Secured Debt Representatives. The β€Œ Each Secured Debt Representatives Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture or other agreement governing the applicable Secured Debt Documents with respect to which such Person is acting or will act as representativerepresentative hereunder, in each case as if specifically set forth hereinwith respect to all actions taken or not taken hereunder. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Obligors or the Collateral Agent hereunder.

Appears in 1 contract

Samples: Collateral Trust and Agency Agreement

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Rights and Immunities of Secured Debt Representatives. The Each Secured Debt Representatives Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit agreement, indenture or other agreement governing the applicable Secured Debt Documents with respect to which such Person is acting or will act as representativerepresentative hereunder, in each case as if specifically set forth hereinwith respect to all actions taken or not taken hereunder. In no event will any Secured Debt Representative be liable for any act or omission on the part of the Obligors or the Collateral Agent hereunder.

Appears in 1 contract

Samples: Collateral Trust and Agency Agreement (Postmedia Network Canada Corp.)

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