Common use of Role of Reference Banks Clause in Contracts

Role of Reference Banks. (a) No Reference Bank is under any obligation to provide a quotation or any other information to the Agent but may do so at the Agent’s request. (b) No Reference Bank will be liable for any action taken by it under or in connection with any Finance Document, or for any quotation provided to the Agent. (c) No Party (other than the relevant Reference Bank) may take any proceedings against any officer, employee or agent of any Reference Bank in respect of any claim it might have against that Reference Bank or in respect of any act or omission of any kind by that officer, employee or agent in relation to any Finance Document, or to any quotation provided to the Agent, and any officer, employee or agent of each Reference Bank may rely on this clause subject to clause 29.3 and the provisions of the Third Parties Act.

Role of Reference Banks. (a) No Reference Bank is under any obligation to provide a quotation or any other information to the Agent but may do so at the Agent’s request. (b) No Reference Bank will be liable for any action taken by it under or in connection with any Finance Document, or for any quotation provided to the AgentReference Bank Quotation, unless directly caused by its gross negligence or wilful misconduct. (c) No Party party to this Agreement (other than the relevant Reference Bank) may take any proceedings against any officer, employee or agent of any Reference Bank in respect of any claim it might have against that Reference Bank or in respect of any act or omission of any kind by that officer, employee or agent in relation to any Finance Document, or to any quotation provided to the AgentReference Bank Quotation, and any officer, employee or agent of each Reference Bank may rely on this clause Clause 3.5 subject to clause 29.3 Clause 32.4 and the provisions of the Third Parties Act.

Role of Reference Banks. (a) No Reference Bank is under any obligation to provide a quotation or any other information to the Agent but may do so at the Agent’s 's request. (b) No Reference Bank will be liable for any action taken by it under or in connection with any Finance Document, or for any quotation provided to the Agent. (c) No Party (other than the relevant Reference Bank) may take any proceedings against any officer, employee or agent of any Reference Bank in respect of any claim it might have against that Reference Bank or in respect of any act or omission of any kind by that officer, employee or agent in relation to any Finance Document, or to any quotation provided to the Agent, and any officer, employee or agent of each Reference Bank may rely on this clause Clause subject to clause 29.3 Clause 1.7(Third party rights) and the provisions provision of the Third Parties Act.

Role of Reference Banks. (a) No Reference Bank is under any obligation to provide a quotation or any other information to the Agent but may do so at the Agent’s request. (b) . No Reference Bank will be liable for any action taken by it under or in connection with any Finance Document, or for any quotation provided to the Agent. (c) . No Party (other than the relevant Reference Bank) may take any proceedings against any officer, employee or agent of any Reference Bank in respect of any claim it might have against that Reference Bank or in respect of any act or omission of any kind by that officer, employee or agent in relation to any Finance Document, or to any quotation provided to the Agent, and any officer, employee or agent of each Reference Bank may rely on this clause subject to clause 29.3 and the provisions of the Third Parties Act.