Status of agency transaction. (i) Each Agency Transaction shall be a transaction between the relevant Principal and Borrower and no person other than the relevant Principal and Borrower shall be a party to or have any rights or obligations under an Agency Transaction. Without limiting the foregoing, Lender shall not be liable as principal for the performance of an Agency Transaction, but this is without prejudice to any liability of Lender under any other provision of this clause; and
Appears in 9 contracts
Samples: Lending Agreement (Credit Industriel Et Commercial), Master Securities Lending Agreement, Lending Agreement (Credit Industriel Et Commercial)
Status of agency transaction. (iv) Each Agency Transaction shall be a transaction between the relevant Principal and Borrower and no person other than the relevant Principal and Borrower shall be a party to or have any rights or obligations under an Agency Transaction. Without limiting the foregoing, Lender shall not be liable as principal for the performance of an Agency Transaction, but this is without prejudice to any liability of Lender under any other provision of this clause; and
Appears in 1 contract
Samples: Global Master Securities Lending Agreement (First Pacific Company LTD /Fi)
