Examples of Supplemental Agent in a sentence
The Administrative Agent shall not be responsible for the negligence or misconduct of any Supplemental Agent except to the extent that a court of competent jurisdiction determines in a final and non-appealable judgment that the Administrative Agent acted with gross negligence or willful misconduct in the selection of such Supplemental Agent.
The exculpatory and indemnification provisions of this Article IX and Article X shall apply to any such Supplemental Agent or attorney-in-fact and to the Related Parties of the Administrative Agent and any such Supplemental Agent, and shall apply, without limiting the foregoing, to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as Administrative Agent.
The Administrative Agent and any such Supplemental Agent or attorney-in-fact may perform any and all of its duties and exercise its rights and powers by or through their respective Related Parties.