Common use of Acceptance of title Clause in Contracts

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets and shall not be liable for or bound to require any Transaction Obligor to remedy any defect in its right or title.

Appears in 29 contracts

Samples: Term Loan Facility (Okeanis Eco Tankers Corp.), Facility Agreement (Euroseas Ltd.), Facility Agreement (Global Ship Lease, Inc.)

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Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any of the Transaction Obligor Obligors may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor to remedy any defect in its right or title.

Appears in 13 contracts

Samples: Loan Agreement (Ardmore Shipping Corp), Term and Accordion Facilities Agreement (Ardmore Shipping Corp), Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets Charged Property and shall not be liable for for, or bound to require any Transaction Obligor to remedy remedy, any defect in its right or title.

Appears in 10 contracts

Samples: Facility Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.), Facility Agreement (Danaos Corp)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor of the Obligors may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor to remedy any defect in its right or title.

Appears in 10 contracts

Samples: Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.), Amendment and Restatement Agreement (Hamilton Insurance Group, Ltd.), Facility Agreement (PCGI Intermediate Holdings LTD)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor Debtor may have to any of the Security Assets Charged Property and shall not be liable for for, or bound to require any Transaction Obligor Debtor to remedy remedy, any defect in its right or title.

Appears in 9 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement, Intercreditor Agreement

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor of the Debtors may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor Debtor to remedy any defect in its right or title.

Appears in 8 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement (Paysafe LTD), Deed of Amendment Agreement (RISE Education Cayman LTD)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor of the Debtors or Security Grantors may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor Debtor or any Security Grantor, as applicable to remedy any defect in its right or title.

Appears in 6 contracts

Samples: Senior Facilities Agreement (Liberty Global PLC), Additional Facility T Accession Deed (Liberty Global PLC), Additional Facility S Accession Deed (Liberty Global PLC)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor of the Security Providers may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor Security Providers to remedy any defect in its right or title.

Appears in 5 contracts

Samples: Intercreditor Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv), Intercreditor Agreement (Cemex Sab De Cv)

Acceptance of title. The Security Agent and Secondary Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor of the Obligors and Security Providers may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor or Security Provider to remedy any defect in its right or title.

Appears in 4 contracts

Samples: Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may of the Obligors have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor Debtor to remedy any defect in its right or title.

Appears in 4 contracts

Samples: China Eca Facility Framework Agreement (Seadrill Partners LLC), Facility Agreement (DryShips Inc.), Facility Agreement (Quintana Shipping Ltd.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets Charged Property and shall not be liable for for, or bound to require any Transaction Obligor to remedy remedy, any defect in its right or title.

Appears in 4 contracts

Samples: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any the right and title that any Transaction Obligor each of the Obligors may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor to remedy any defect in its right or title.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Alliance Data Systems Corp), Multipurpose Facilities Agreement (SunOpta Inc.), Senior Facilities Agreement (Alliance Data Systems Corp)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor of the Obligors may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor or Group Company to remedy any defect in its right or title.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Kosmos Energy Ltd.), Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.), Multicurrency Revolving Letter of Credit Facility Agreement (Kosmos Energy Ltd.)

Acceptance of title. The Security Agent shall be entitled to may accept without enquiry, and shall will not be obliged to investigate, any right and or title that any Transaction Obligor may have to any of the Security Assets Asset and shall will not be liable for for, or bound to require any Transaction Obligor to remedy remedy, any defect in its right or title.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (IHS Holding LTD), Facility Agreement (IHS Holding LTD)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor to remedy any defect in its right or title.

Appears in 2 contracts

Samples: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.), Term Loan and Multicurrency Revolving Facilities Agreement (AVG Technologies N.V.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor Debtor may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor Debtor to remedy any defect in its right or title.

Appears in 2 contracts

Samples: Intercreditor Agreement (B Communications LTD), Intercreditor Agreement (Internet Gold Golden Lines LTD)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets and shall not be liable for for, or bound to require any Transaction Obligor to remedy remedy, any defect in its right or title. The Security Agent shall not be required to be or to become the registered holder of title of any Security Asset prior to enforcement of the Security Property.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Cboe Global Markets, Inc.), Amendment and Restatement Agreement (Cboe Global Markets, Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor Debtor may have to any of the Security Assets Charged Property and shall not be liable for for, or bound to require any Transaction Obligor Debtor to remedy remedy, any defect or failure in its right or titletitle whether such defect or failure was known to the Security Agent or might have been discovered upon examination or enquiry and whether capable of remedy or not.

Appears in 2 contracts

Samples: Intercreditor Agreement (NAC Aviation Colorado 1 LLC), Intercreditor Agreement (NAC Aviation 29 Designated Activity Co)

Acceptance of title. The Each Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor the Borrower may have to any of the Transaction Security Assets and shall not be liable for for, or bound to require any Transaction Obligor the Borrower to remedy remedy, any defect in its right or title.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Atlas Investissement), Facility Agreement (Atlas Investissement)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor or BHL may have to any of the Security Assets Charged Property and shall not be liable for for, or bound to require any Transaction Obligor or BHL to remedy remedy, any defect in its right or title.

Appears in 2 contracts

Samples: Facility Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any the right and title that any Transaction Obligor as each of the Obligors may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor to remedy any defect in its right or title.

Appears in 2 contracts

Samples: Single Currency Term Facility Agreement (General Geophysics Co), Facility Agreement (Central European Media Enterprises LTD)

Acceptance of title. The Each Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets Property and shall not be liable for for, or bound to require any Transaction Obligor to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Secured Facility Agreement (Amkor Technology, Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any of the Debtors or any other grantor of Transaction Obligor Security may have to any of the Security Assets Collateral and shall not be liable for or bound to require any Debtor or any other grantor of Transaction Obligor Security to remedy any defect in its right or title.

Appears in 1 contract

Samples: Intercreditor Agreement (Nord Anglia Education, Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor the Borrower may have to any of the Security Assets and shall not be liable for for, or bound to require any Transaction Obligor the Borrower to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Secured Term Loan Facility (Mohegan Tribal Gaming Authority)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets Property and shall not be liable for for, or bound to require any Transaction Obligor to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Facility Agreement (Advanced Technology (Cayman) LTD)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor the Borrower may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor the Borrower to remedy any defect in its right or title.

Appears in 1 contract

Samples: Senior Facility Agreement (Spansion Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor of the Group Obligors may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor to remedy any defect in its right or title.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Hanover Insurance Group, Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor of the Debtors may have to any of the Security Assets its assets and shall not be liable for or bound to require any Transaction Obligor Debtor to remedy any defect in its right or title.

Appears in 1 contract

Samples: Intercreditor Agreement (Home Inns & Hotels Management Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets and shall not be liable for or bound to require any Transaction Obligor to remedy any defect in its right or title.

Appears in 1 contract

Samples: Term Loan Facility Agreement (Castor Maritime Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets Property and shall not be liable for for, or bound to require any Transaction Obligor to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any the right and title that any Transaction Obligor the Borrower or the Sponsor may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor the Borrower or the Sponsor to remedy any defect in its right or title.

Appears in 1 contract

Samples: Bridge Facility Agreement (Visteon Corp)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor Debtor may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor Debtor to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Intercreditor Agreement

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Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any the right and title that any Transaction Obligor as each of the Obligors may have to any of the Security Assets Charged Shares and shall not be liable for or bound to require any Transaction Obligor to remedy any defect in its right or title.

Appears in 1 contract

Samples: Secured Facility Agreement (SBS Broadcasting S A)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets Secured Property and shall not be liable for for. or bound to require any Transaction Obligor to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Common Terms Agreement (Brooge Holdings LTD)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that the Parent or any Transaction Obligor may have to any of the Security Assets Charged Property and shall not be liable for for, or bound to require the Parent or any Transaction Obligor to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Backstop Facility Agreement

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets Secured Property and shall not be liable for for, or bound to require any Transaction Obligor to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Facilities Agreement (Elbit Imaging LTD)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor the Borrower may have to any of the Security Assets Pledged Shares and shall not be liable for for, or bound to require any Transaction Obligor the Borrower to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Facility Agreement (Madeleine Charging B.V.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor Debtor, Third Party Security Provider or Senior Unsecured Security Provider may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor Debtor, Third Party Security Provider or Senior Unsecured Security Provider to remedy any defect in its right or title.

Appears in 1 contract

Samples: Indenture (Amc Entertainment Holdings, Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiryinquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets and shall not be liable for or bound to require any Transaction Obligor to remedy any defect in its right or title.

Appears in 1 contract

Samples: Facility Agreement (Scorpio Tankers Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor Debtor may have to any of the Security Assets Charged Property and shall not be liable for for, or bound to require any Transaction Obligor Debtor to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Intercreditor Agreement

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor the Borrower may have to any of the Security Assets Property and shall not be liable for for, or bound to require any Transaction Obligor the Borrower to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Facility Agreement (Diodes Inc /Del/)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor the Borrower may have to any of the Security Assets Charged Property and shall not be liable for for, or bound to require any Transaction Obligor the Borrower to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Facility Agreement (Powerfleet, Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that the Parent or any Transaction Obligor of the Obligors may have to any of the Security Assets Charged Property and shall not be liable for or bound to require the Parent or any Transaction Obligor to remedy any defect in its right or title.

Appears in 1 contract

Samples: Guarantee Facility Agreement (UTAC Holdings Ltd.)

Acceptance of title. The A Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor the Assignor may have to any of the Security Assets and shall not be liable for for, or bound to require any Transaction Obligor the Assignor to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Security Trust and Intercreditor Deed

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets and shall not be liable for for, or bound to require any Transaction Obligor to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Mezzanine Facility Agreement (American Realty Capital Global Trust II, Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged oblige d to investigate, any right and title that any Transaction Obligor the Company may have to any of the Security Assets Charged Property and shall not be liable for for, or bound to require any Transaction Obligor the Company to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Common Terms Agreement

Acceptance of title. The Security Agent shall be entitled to may accept without enquiry, and shall will not be obliged to investigate, any right and or title that any Transaction Obligor the Company may have to any of the Security Assets Asset and shall will not be liable for for, or bound to require any Transaction Obligor to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Facility Agreement (eHi Car Services LTD)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may have to any of the Security Assets Charged Property and shall not be liable for for, or bound to require any Transaction Obligor to remedy remedy, any defect in its right or title.. ​ ​ ​

Appears in 1 contract

Samples: Facility Agreement (Hoegh LNG Partners LP)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor the Borrower or the Sponsor may have to any of the Security Assets Charged Property and shall not be liable for for, or bound to require any Transaction Obligor the Borrower or the Sponsor to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Borrowing Base Facility Agreement (Cobalt International Energy, Inc.)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor may of the Obligors have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor debtor to remedy any defect in its right or title.

Appears in 1 contract

Samples: China Eca Facility Framework Agreement (Seadrill Partners LLC)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Transaction Obligor Debtor or the Parent may have to any of the Security Assets Charged Property and shall not be liable for for, or bound to require any Transaction Obligor Debtor or the Parent to remedy remedy, any defect in its right or title.

Appears in 1 contract

Samples: Intercreditor Agreement

Acceptance of title. The Security Agent shall be entitled to accept without enquiryinquiry, and shall not be obliged to investigate, any the right and title that any Transaction Obligor as each of the Obligors may have to any of the Security Assets Charged Property and shall not be liable for or bound to require any Transaction Obligor to remedy any defect in its right or title.

Appears in 1 contract

Samples: Term Facility Agreement (CGG Veritas)

Acceptance of title. The Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any the right and title that any Transaction Obligor as each of the Obligors may have to any of the Security Assets Secured Property and shall not be liable for or bound to require any Transaction Obligor to remedy any defect in its right or title.. Senior Secured Credit Facility Agreement

Appears in 1 contract

Samples: Loan Agreement (Hanarotelecom Inc)

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