Rights of Purchaser. In connection with the performance of its duties under this Agreement, the Purchaser shall not be liable for any error of judgment or any action taken or omitted to be taken unless the Purchaser was grossly negligent or engaged in willful misconduct in connection with such performance or non-performance. No provision of this Agreement shall require the Purchaser to expend or risk its own funds or otherwise incur any financial liability in connection with the performance of any of its duties hereunder.
Appears in 3 contracts
Samples: Purchase Agreement (United Bancorporation of Alabama Inc), Purchase Agreement (BNC Bancorp), Purchase Agreement (Temecula Valley Bancorp Inc)
Rights of Purchaser. In connection with the performance of its ------------------- duties under this Agreement, the Purchaser shall not be liable for any error of judgment or any action taken or omitted to be taken unless the Purchaser was grossly negligent or engaged in willful misconduct in connection with such performance or non-performance. No provision of this Agreement shall require the Purchaser to expend or risk its own funds or otherwise incur any financial liability in connection with the performance of any of its duties hereunder.
Appears in 2 contracts
Samples: Purchase Agreement (First Litchfield Financial Corp), Purchase Agreement (First Litchfield Financial Corp)
