Specified Agent definition

Specified Agent means a person carrying on any taxable activity in a capacity as personal representative, liquidator, or receiver of an incapacitated person, or otherwise as agent for or on behalf of or in the stead of an incapacitated person.
Specified Agent means any agent of any Person that is designated in writing by the Managing Member as a "Specified Agent" of the Company entitled to the protection of Sections 4.3 (Liability to Members) and 4.4 (Indemnification).
Specified Agent means such successor agent effective upon such appointment and approval, and the former Specified Agent's rights, powers and duties as Specified Agent shall be terminated, without any other or further act or deed on the part of such former Specified Agent or any of the parties to this Agreement or any holders of the Specified Loans. After any retiring Specified Agent's resignation as Specified Agent, the provisions of this subsection shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Specified Agent under this Agreement and the other Loan Documents.

Examples of Specified Agent in a sentence

  • The provisions of this Agreement, to the extent that they restrict the duties and liabilities of a Member, Manager, director of the Company, officer of the Company or any Specified Agent otherwise existing at law or in equity, are agreed by the parties hereto to replace such other duties and liabilities of such Member, Manager, director or officer or any Specified Agent.

  • Any act or omission by any such Member, Manager, director, officer, or any such affiliate or Specified Agent, if done in reliance upon the opinion of independent legal counsel or public accountants selected with reasonable care by such Member, Manager, director, officer, or any such affiliate or Specified Agent, as applicable, shall not constitute bad faith, willful misconduct, or fraud on the part of such Member, Manager, director, officer, or any such affiliate or Specified Agent.

  • The termination of any claim, action, suit or proceeding by judgment, order or settlement shall not, of itself, create a presumption that any act or failure to act by a Member, a Manager, a director of the Company, any officer of the Company, their respective affiliates or any Specified Agent constituted bad faith, willful misconduct or fraud under this Agreement.

  • Any act or omission by any Partner, any of such Partner’s affiliates or any Specified Agent, if done in reliance upon the opinion of independent legal counsel or public accountants selected with reasonable care by such Partner, such affiliate or such Specified Agent, as applicable, shall not constitute bad faith, willful misconduct, or fraud on the part of such Partner, affiliate or Specified Agent.

  • Any act or omission by any member, any of such member's affiliates or any Specified Agent, if done in reliance upon the opinion of independent legal counsel or public accountants selected with reasonable care by such member, such affiliate or such Specified Agent, as applicable, shall not constitute bad faith, willful misconduct, or fraud on the part of such member, affiliate or Specified Agent.


More Definitions of Specified Agent

Specified Agent is defined in Section 10.7(b).
Specified Agent. (指明代理人) means a body specified in
Specified Agent. (指明代理人) means a body specified in Schedule 3; (Added 30 of 1995 s. 2)
Specified Agent means an agent / subcontractor for the Services that is not part Valipat's existing network of agents and has been specifically requested by Client for the performances of the Services and Valipat has agreed as part of the Order.
Specified Agent shall have the meaning set forth in Section 11.1 hereof.
Specified Agent means, collectively, the Collateral Agent, and each co-agent or sub-agent appointed by it from time to time pursuant to the Security Agreement.