Common use of Role of Incapital; Legal Responsibility Clause in Contracts

Role of Incapital; Legal Responsibility. Incapital is acting as representative of each of the Underwriters in all matters connected with the Offering of the Securities and with the Underwriters’ purchases (or solicitation for purchase) of the Securities. The rights and liabilities of each Underwriter of Securities and each Selected Dealer shall be several and not joint. Incapital, as such, shall have full authority to take such action as it deems advisable in all matters pertaining to the Offering of the Securities or arising under this Agreement. Incapital will have no liability to any Selected Dealer for any act or omission except for obligations expressly assumed by it hereunder, and no obligations on the part of Incapital will be implied hereby or inferred herefrom.

Appears in 18 contracts

Samples: Selling Agent Agreement, Dealer Agent Program (Ally Financial Inc.), Selling Agent Agreement (BAC Capital Trust XIV)

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Role of Incapital; Legal Responsibility. Incapital is acting as representative of each of the Underwriters in all matters connected with the Offering of the Securities Notes and with the Underwriters’ purchases (or solicitation for purchase) of the SecuritiesNotes. The rights and liabilities of each Underwriter of Securities Notes and each Selected Dealer shall be several and not joint. Incapital, as such, shall have full authority to take such action as it deems advisable in all matters pertaining to the Offering of the Securities Notes or arising under this Agreement. Incapital will have no liability to any Selected Dealer for any act or omission except for obligations expressly assumed by it hereunder, and no obligations on the part of Incapital will be implied hereby or inferred herefrom.

Appears in 3 contracts

Samples: Selling Agent Agreement (Paccar Financial Corp), Selling Agent Agreement (Westpac Banking Corp), Selling Agent Agreement (Paccar Financial Corp)

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Role of Incapital; Legal Responsibility. Incapital is acting as representative of each of the Underwriters in all matters connected with the Offering of the Securities and with the Underwriters’ purchases (or solicitation for purchase) of the Securities. The rights and liabilities of each Underwriter of Securities and each Selected Dealer shall be several and not joint. Incapital, as such, shall have full authority to take such action as it deems advisable in all matters pertaining to the Offering of the Securities or arising under this Agreement. Incapital will have no liability to any Selected Dealer for any act or omission except for obligations expressly CHI99 5065785-1.021110.0010 assumed by it hereunder, and no obligations on the part of Incapital will be implied hereby or inferred herefrom.

Appears in 1 contract

Samples: Selling Agent Agreement (HSBC Finance Corp)

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