Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the right and title as each of the Obligors may have to any of the Charged Property and shall not be liable for or bound to require any Obligor to remedy any defect in its right or title.
Appears in 6 contracts
Samples: Amendment and Restatement Agreement (Genesco Inc), £200,000,000 Multi Currency Term, Revolving Credit Facilities Agreement (Iron Mountain Inc), Amendment and Restatement Agreement (Genesco Inc)
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the any right and title as each that any of the Obligors may have to any of the Charged Property and shall not be liable for or bound to require any Obligor to remedy any defect in its right or title.
Appears in 4 contracts
Samples: Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Seven Seas Cruises S. DE R.L.), Secured Facilities Agreement (Solutia Inc)
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the right and title as that each of the Obligors or any other member of the Group that is party to a Finance Document may have to any of the Charged Property and shall not be liable for or bound to require any Obligor or any other member of the Group that is party to a Finance Document to remedy any defect in its right or title.
Appears in 4 contracts
Samples: Amendment and Restatement Agreement (Validus Holdings LTD), Standby Letter of Credit Facility Agreement (Validus Holdings LTD), Amendment and Restatement Agreement (Validus Holdings LTD)
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the right and title as each of the Obligors may have to any of the Charged Property and shall not be liable for or bound to require any Obligor to remedy any defect in its right or title.
Appears in 4 contracts
Samples: Secured Facilities Agreement (Citigroup Inc), Amendment Agreement (Citigroup Inc), Secured Facilities Agreement (Citigroup Inc)
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the any right and title as each of the Obligors that any Obligor may have to any of the Charged Trust Property and shall not be liable for or bound to require any Obligor to remedy any defect in its right or title.
Appears in 2 contracts
Samples: Intercreditor Deed (Fx Energy Inc), Intercreditor Deed (Fx Energy Inc)
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the any right and title as each that any of the Obligors may have to any of the Charged Property Collateral and shall not be liable for or bound to require any Obligor to remedy any defect in its right or title.
Appears in 2 contracts
Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the any right and title as each of the Obligors that any Transaction Obligor may have to any of the Charged Property Collateral 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: Credit Agreement (SEACOR Marine Holdings Inc.), Credit Agreement (SEACOR Marine Holdings Inc.)
Acceptance of title. The Facility Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the any right and title as each that any of the Obligors may Security Parties have to any of the Charged Secured Property and shall not be liable for or bound to require any Obligor Security Party to remedy any defect in its right or title.
Appears in 2 contracts
Samples: Secured Term Loan Facility Agreement (Teekay Offshore Partners L.P.), Secured Term Loan Facility Agreement
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the right and title as each of that the Obligors Company may have to any of the Charged Property and shall not be liable for or bound to require any Obligor the Company to remedy any defect in its right or title.
Appears in 2 contracts
Samples: Standby Letter of Credit Facility Agreement (Montpelier Re Holdings LTD), £110,000,000 Standby Letter of Credit Facility Agreement (Montpelier Re Holdings LTD)
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the any right and title as each of that the Obligors Borrower may have to any of the Charged Property and shall not be liable for or bound to require any Obligor the Borrower to remedy any defect in its right or title.
Appears in 2 contracts
Samples: Borrowing Base Facility Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the any right and title as each that any of the Obligors Debtors or any other grantor of Transaction Security may have to any of the Charged Property and shall not be liable for or bound to require any Obligor Debtor or any other grantor of Transaction Security to remedy any defect in its right or title.
Appears in 2 contracts
Samples: Intercreditor Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.)
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the any right and title as each of the Obligors that any Obligor may have to any of the Charged Property Collateral and shall not be liable for for, or bound to require any Obligor to remedy remedy, any defect in its right or title.
Appears in 1 contract
Samples: Loan Agreement (Avolon Holdings LTD)
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the any right and title as each of the Obligors that any Obligor may have to any of the Charged Trust Property and shall not be liable for or bound to require any Obligor to remedy any defect in its right or title.. 118798-4-4-v5.0 - 24 - 70-40539524
Appears in 1 contract
Samples: Intercreditor Deed (Fx Energy Inc)
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the any right and title as each that any of the Obligors Debtors may have to any of the Charged Property and shall not be liable for or bound to require any Obligor Debtor to remedy any defect in its right or title.
Appears in 1 contract
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the such right and title as each of the Obligors any Obligor may have to any of the Charged Property assets subject to the Transaction Security and shall not be bound to examine or enquire into or be liable for any defect or bound to require failure in the right or title of any Obligor to any of the assets subject to the Transaction Security or any part thereof whether such defect or failure was known to the Security Trustee or might have been discovered upon examination or enquiry and whether capable of remedy any defect in its right or titlenot.
Appears in 1 contract
Samples: Trust Agreement (Marconi Corp PLC)
Acceptance of title. The Security Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the any right and title as each of the Obligors that any Obligor may have to any of the Charged Property and shall not be liable for or bound to require any Obligor to remedy any defect in its right or title.
Appears in 1 contract
