Related Clauses

Role of Issuing Lender
Replacement of Issuing Bank
Resignation of Issuing Bank
Role of Letter of Credit Issuer
Role of L/C Issuer
Role of L/C Issuers
Nature of Issuing Lenders’ Duties
Responsibility of Issuing Lender
Role of the Issuing Bank
Determination of Issuing Lender

Parent Clauses

Letters of Credit
Definitions
The Credits
Definitions and Accounting Terms
Defined Terms
Miscellaneous
Issuance of and Drawings and Reimbursement Under Letters of Credit
Issuance of Letters of Credit; Drawings and Reimbursements; Auto-Extension Letters of Credit; Funding of Participations
Credit Facilities
Certain Defined Terms

Sub-Clauses

Agent’s Fees
Facility Fee
Adjustments

Role of Issuing Bank. (a) Nothing in this Agreement constitutes the Issuing Bank a trustee or fiduciary of any other Person. The Issuing Bank shall not be bound to account to any Bank for any sum or the profit element of any sum received by it for its own account.

Appears in 2 contracts

Samples: Facility Agreement (Amtrust Financial Services, Inc.), Facility Agreement (Amtrust Financial Services, Inc.)

Role of Issuing Bank. (a) Nothing in this Agreement constitutes the Issuing Bank as a trustee or fiduciary of any other ~~Person. The Issuing Bank shall not be bound to account to any Bank for any sum or the profit element of any sum received by it for its own account~~person.

Appears in 2 contracts

Samples: Agreement (Hoegh LNG Partners LP), Hoegh LNG Partners LP

Role of Issuing Bank. (ai) Nothing in this Agreement constitutes the Issuing Bank as a trustee or ~~fiduciary of any other Person. The Issuing Bank shall not be bound to account to any Bank for any sum or the profit element of any sum received by it for its own account~~fiduciary.

Appears in 1 contract

Samples: Credit Agreement (Petroleum Geo Services Asa)

Common use of Role of Issuing Bank Clause in Contracts