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 of the Debtors or Third Party Security Providers may have to any of the Charged Property and shall not be liable for or bound to require any Debtor or Third Party Security Provider to remedy any defect in its right or title.

Appears in 2 contracts

Samples: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD)

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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 Debtors or Third Loan Party Security Providers may have to any of the Charged Property and shall not be liable for for, or bound to require any Debtor or Third Loan Party Security Provider to remedy remedy, any defect in its right or title.

Appears in 2 contracts

Samples: Facilities Agreement (Igate Corp), Facilities Agreement (Igate Corp)

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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 Debtors or Third Party Security Providers party to a Finance Document (other than a Finance Party) may have to any of the Charged Property and shall not be liable for or bound to require any Debtor or Third Party Security Provider party to a Finance Document (other than a Finance Party) to remedy any defect in its right or title.

Appears in 1 contract

Samples: Loan Note Agreement (Weather Investments II S.a.r.l.)

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