Compliance with Legal Process and Judicial Orders. The Custodian shall have no responsibility or liability to the Borrower or to the Agent or to any other person or entity for acting in accordance with any judicial or arbitral process, order, writ, judgment, decree or claim of lien relating to the Collateral or Collateral Account subject to this Agreement notwithstanding that such order or process is subsequently modified, vacated or otherwise determined to have been without legal force or effect.
Appears in 5 contracts
Samples: Control Agreement (FS Investment Corp II), Control Agreement (FS Energy & Power Fund), Control Agreement (FS Investment CORP)
Compliance with Legal Process and Judicial Orders. The Custodian shall have no responsibility or liability to the Borrower Secured Party or to the Agent Pledgor or to any other person or entity for acting in accordance with any judicial or arbitral process, order, writ, judgment, decree or claim of lien relating to the Collateral or Collateral Account subject to this Agreement notwithstanding that such order or process is subsequently modified, vacated or otherwise determined to have been without legal force or effect.
Appears in 2 contracts
Samples: Control Agreement, Control Agreement (Nedak Ethanol, LLC)
Compliance with Legal Process and Judicial Orders. The Custodian shall have no responsibility or liability to the Borrower Companies or to the Agent or to any other person or entity for acting in accordance with any judicial or arbitral process, order, writ, judgment, decree or claim of lien relating to the Collateral or Collateral Account subject to this Agreement notwithstanding that such order or process is subsequently modified, vacated or otherwise determined to have been without legal force or effect.
Appears in 2 contracts
Samples: Control Agreement (FS Energy & Power Fund), Control Agreement (FS Investment CORP)
Compliance with Legal Process and Judicial Orders. The Custodian shall have no responsibility or liability to the Borrower or to the Administrative Agent (or to any of the other Secured Parties) or to any other person or entity for acting in accordance with any judicial or arbitral process, order, writ, judgment, decree or claim of lien relating to the Collateral or Collateral Account subject to this Agreement notwithstanding that such order or process is subsequently modified, vacated or otherwise determined to have been without legal force or effect.
Appears in 1 contract
Samples: Credit Agreement (Aberdeen Asia-Pacific Income Fund Inc)
