MRVL » Topics » 18.17 No Action

This excerpt taken from the MRVL 8-K filed Nov 14, 2006.

18.17                 No Action

The Administrative Agent shall be fully justified in failing or refusing to take any action hereunder (i) if such action would, in the opinion of the Administrative Agent, be contrary to law or the terms herein or any other Loan Document or (ii) if the Administrative Agent shall not first be indemnified to its satisfaction against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action.

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