Examples of WBNA Agent in a sentence
The WBNA Agent shall in all cases be fully protected in acting, or in refraining from acting, in accordance with a request of WBNA, and such request and any action taken or failure to act pursuant thereto shall be binding upon WBNA.
The WBNA Agent may, upon five days’ notice to the Seller and WBNA, and the WBNA Agent will, upon the direction of WBNA, resign as WBNA Agent.
The WBNA Agent shall not be responsible for the negligence or misconduct of any agents or attorneys-in-fact selected by it with reasonable care.
The determination by the Agent of such amount of interest shall, in the absence of manifest error, be conclusive.
After any retiring WBNA Agent’s resignation hereunder as WBNA Agent, the provisions of Articles XI and XII shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the WBNA Agent under this Agreement.
The WBNA Agent and any of its Affiliates may make loans to, accept deposits from and generally engage in any kind of business with the Seller or any Affiliate of the Seller as though the WBNA Agent were not the WBNA Agent hereunder.
The WBNA Agent shall not be under any obligation to WBNA to ascertain or to inquire as to the observance or performance of any of the agreements or covenants contained in, or conditions of, this Agreement, or to inspect the properties, books or records of the Seller.
If the WBNA Agent shall resign, then WBNA, during such five day period, shall appoint a successor agent.
In performing its functions and duties hereunder, the WBNA Agent shall act solely as agent for WBNA and does not assume nor shall be deemed to have assumed any obligation or relationship of trust or agency with or for the Seller or any of its successors or assigns.
The WBNA Agent may execute any of its duties under this Agreement by or through agents or attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties.