Common use of Acceptance of title Clause in Contracts

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: Facilities Agreement (Genesco Inc), Facilities Agreement (Iron Mountain Inc), Facilities Agreement (Genesco Inc)

AutoNDA by SimpleDocs

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: And Restatement Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD), 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: Agreement (Citigroup Inc), 2 Term Facility Agreement (Citigroup Inc), 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 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.), Agreement (Solutia 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 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 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: Loan Agreement (Teekay Offshore Partners L.P.), Loan 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: Agreement (Montpelier Re Holdings LTD), 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: And Restatement 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 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: Agreement (Fx Energy Inc), Agreement (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.)

AutoNDA by SimpleDocs

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: 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 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

Samples: Note Purchase Agreement (Luxfer Holdings 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 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: 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: Agreement (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 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

Samples: Facility Agreement (Ivanhoe 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 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 1 contract

Samples: Credit Agreement (SEACOR Marine Holdings Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.