Acceptance of title. The Collateral Agent shall be entitled to accept without inquiry, and shall not be obliged to investigate, any right and title that any Obligor may have to any of the 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: Secured Note (Flyexclusive Inc.), Senior Secured Note (Flyexclusive Inc.)
Acceptance of title. The Collateral Agent shall be entitled to accept without inquiryenquiry, and shall not be obliged to investigate, any right and title that any Obligor Debtor may have to any of the Collateral Charged Property and shall not be liable for for, or bound to require any Obligor Debtor to remedy remedy, any defect in its right or title.
Appears in 2 contracts
Samples: Intercreditor Agreement (Selina Hospitality PLC), Intercreditor Agreement (Selina Hospitality PLC)
Acceptance of title. The Collateral Agent shall be entitled to accept without inquiryenquiry, and shall not be obliged to investigate, any right and title that any Obligor of the Grantors may have to any of the Collateral and shall not be liable for or bound to require any Obligor Grantor to remedy any defect in its right or title.
Appears in 1 contract