Acceptance of title. The Common Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Debtor or Security Provider may have to any of the Charged Property and shall not be liable for, or bound to require any Debtor or Security Provider to remedy, any defect in its right or title.
Appears in 5 contracts
Samples: Intercreditor Agreement (Melco Resorts & Entertainment LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)
Acceptance of title. The Common Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Debtor or Security Provider the Company may have to any of the Charged Property Security Assets and shall not be liable for, or bound to require any Debtor or Security Provider the Company to remedy, any defect in its right or title.
Appears in 2 contracts
Acceptance of title. The Common Security Agent shall be entitled to accept without enquiry, and shall not be obliged to investigate, any right and title that any Debtor or any Security Provider Grantor may have to any of the Charged Property and shall not be liable for, or bound to require any Debtor or any Security Provider Grantor to remedy, any defect in its right or title.
Appears in 2 contracts
Samples: Intercreditor Agreement (Selina Hospitality PLC), Intercreditor Agreement (Oatly Group AB)