Examples of Xxxxxxx Mac in a sentence
In performing its responsibilities under this Agreement, Xxxxxxx Mac may employ agents or independent contractors.
In such event, the legal expenses and costs of such action shall be expenses and costs of Xxxxxxx Mac.
Neither Xxxxxxx Mac nor any of its directors, officers, employees or agents shall be under any liability to the Holders or Beneficial Owners for any action taken, or not taken, by them in good faith under this Agreement or for errors in judgment.
However, Xxxxxxx Mac may in its discretion undertake any such legal action which it may deem necessary or desirable in the interests of the Holders.
This provision will not protect Xxxxxxx Mac or any other related person against any liability which would otherwise be imposed by reason of willful misfeasance, bad faith or gross negligence or by reason of reckless disregard of obligations and duties under this Agreement.