Scope of Agent’s Duties. In furtherance and extension and not in limitation of the specific provisions hereinabove set forth, any action taken or omitted by the Agent under or in connection with any Letter of Credit or the related drawing certificates, if taken or omitted in good faith, shall not put the Agent under any resulting liability to the Borrower. The Agent shall not, in any way, be liable for any failure by it or anyone else to pay any Drawing under any Letter of Credit as a result of any Government Acts or any other cause beyond the control of the Agent.
Appears in 3 contracts
Samples: Credit Agreement (Hooper Holmes Inc), Revolving Credit and Term Loan Agreement (Hooper Holmes Inc), Credit Agreement (Hooper Holmes Inc)
Scope of Agent’s Duties. In furtherance and extension and not in limitation of the specific provisions hereinabove set forth, any action taken or omitted by the Agent under or in connection with any Letter of Credit or the related drawing certificates, if taken or omitted in good faith, shall not put the Agent under any resulting liability to the any Borrower. The Agent shall not, in any way, be liable for any failure by it or anyone else to pay any Drawing under any Letter of Credit as a result of any Government Acts or any other cause beyond the control of the Agent.
Appears in 2 contracts
Samples: Revolving Credit Agreement (TRC Companies Inc /De/), Revolving Credit Agreement (TRC Companies Inc /De/)
