Common use of Compliance with Court Orders Clause in Contracts

Compliance with Court Orders. The Assignor hereby expressly and irrevocably permits and authorises the Bank and the UOB Group Members to act in their sole discretion in any way they deem fit, without prior reference to the Assignor, when served with a court order issued by the Singapore courts or a court of any other jurisdiction and will not hold the Bank and/or the UOB Group Members liable for any loss or damage suffered as a result of the actions of the Bank and/or the UOB Group Members in complying with the orders.

Appears in 9 contracts

Samples: Assignment of Receivables, Fixed Charge, and Floating Charge Agreement, Assignment of Insurance, Assignment of Insurance

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