Common use of Court Orders Clause in Contracts

Court Orders. The Depositary Agent is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting any money, documents or things held by the Depositary Agent. The Depositary Agent shall not be liable to any of the parties hereto or any of the Secured Parties or their successors, heirs or personal representatives by reason of the Depositary Agent’s compliance with such writs, orders, judgments or decrees, notwithstanding such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 5 contracts

Samples: Credit Agreement (New Fortress Energy LLC), Credit Agreement (NFE Financial Holdings LLC), Security Deposit Agreement

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Court Orders. The Depositary Agent is hereby authorized, in its exclusive discretion, authorized to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting any money, documents or things held by the Depositary Agent. The Depositary Agent shall not be liable to any of the parties hereto or any of the Secured Parties or their successors, heirs or personal representatives by reason of the Depositary Agent’s compliance with such writs, orders, judgments or decrees, notwithstanding such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Depositary Agreement (Fuelcell Energy Inc)

Court Orders. The Depositary Agent is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting any money, documents or things held by the Depositary Agent. The Depositary Agent shall not be liable to any of the parties hereto or any of the other Secured Parties or Party, their successors, heirs or personal representatives by reason of the Depositary Agent’s 's compliance with such writs, orders, judgments or decrees, notwithstanding such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Deposit and Disbursement Agreement (Panda Interfunding Corp)

Court Orders. The Depositary Agent is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting any money, documents or things held by the Depositary Agent. The Depositary Agent shall not be liable to any of the parties hereto [or any of the Secured Parties or other Transaction Party], their successors, heirs or personal representatives by reason of the Depositary Agent’s 's compliance with such writs, orders, judgments or decrees, notwithstanding such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Participation Agreement (Aes Eastern Energy Lp)

Court Orders. The Depositary Agent is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting any money, documents or things held by the Depositary Agent. The Depositary Agent shall not be liable to any of the parties hereto or any of the other Secured Parties or Party, their successors, heirs or personal representatives by reason of the Depositary Agent’s compliance with such writs, orders, judgments or decrees, notwithstanding such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Collateral Account Agreement (BioFuel Energy Corp.)

Court Orders. The Depositary Agent is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting the Collateral Account or any money, documents or things held by financial asset credited to the Depositary AgentCollateral Account. The Depositary Agent shall not be liable to any of the parties hereto hereto, their successors or any of the Secured Parties or their successors, heirs or personal representatives assigns by reason of the Depositary Agent’s compliance with such writs, orders, judgments or decrees, notwithstanding that such writ, order, judgment or decree is may later be reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Control Agreement (Offshore Logistics INC)

Court Orders. The Depositary Agent is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting any money, documents or things held by the Depositary Agent. The Depositary Agent shall not be liable to any of the parties hereto or any of the other Secured Parties or Party, their successors, heirs or personal representatives by reason of the Depositary Agent’s 's compliance with such writs, orders, judgments or decrees, notwithstanding that such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Deposit and Disbursement Agreement (Salton Sea Funding Corp)

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Court Orders. The Depositary Agent is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting any money, documents or things held by the Depositary Agent. The Depositary Agent shall not be liable to any of the parties hereto or any of the Secured Parties or other Transaction Party, their successors, heirs or personal representatives by reason of the Depositary Agent’s 's compliance with such writs, orders, judgments or decrees, notwithstanding such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Participation Agreement (Aes Eastern Energy Lp)

Court Orders. The Depositary Agent is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting the Asset Sale Proceeds Account or any money, documents or things held by financial asset credited to the Depositary AgentAsset Sale Proceeds Account. The Depositary Agent shall not be liable to any of the parties hereto hereto, their successors or any of the Secured Parties or their successors, heirs or personal representatives assigns by reason of the Depositary Agent’s compliance with such writs, orders, judgments or decrees, notwithstanding that such writ, order, judgment or decree is may later be reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Control Agreement (Offshore Logistics INC)

Court Orders. The Depositary Agent is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting any money, documents or things held by the Depositary Agent. The Depositary Agent shall not be liable to any of the parties hereto or any hereto, the holders of the Secured Parties or Notes, their successors, heirs or personal representatives by reason of the Depositary Agent’s 's compliance with such writs, orders, judgments or decrees, notwithstanding that such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Depositary Agreement (Metromedia Fiber Network Inc)

Court Orders. The Depositary Agent is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency of competent jurisdiction affecting any moneymonies, documents or things other Property held by the Depositary Agent. The Depositary Agent shall not be liable to any of the parties hereto or any of the Secured Parties or their successors, heirs or personal representatives by reason of the Depositary Agent’s compliance with such writs, orders, judgments or decrees, notwithstanding such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Depositary Agreement (OPAL Fuels Inc.)

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