Common use of Dealings by Third Parties Clause in Contracts

Dealings by Third Parties. (1) No Person dealing with the Security Agent, any of the Finance Parties or an agent or receiver is required to determine (i) whether the Security Interest has become enforceable, (ii) whether the powers which such Person is purporting to exercise have become exercisable, (iii) whether any money remains due to the Security Agent or the Finance Parties by the Obligor, (iv) the necessity or expediency of the stipulations and conditions subject to which any sale or lease is made, (v) the propriety or regularity of any sale or other dealing by the Security Agent or any Finance Party with the Collateral, or (vi) how any money paid to the Security Agent or the Finance Parties has been applied.

Dealings by Third Parties. (1) No Person dealing with the Security Collateral Agent, any of the Finance Secured Parties or an agent or receiver a Receiver is required to determine determine: (i) whether the Security Interest Charge has become enforceable, ; (ii) whether the powers which such Person is purporting to exercise have become exercisable, ; (iii) whether any money remains due to the Security Agent or the Finance Secured Parties by the Obligor, Chargor; (iv) the necessity or expediency of the stipulations and conditions subject to which any sale or lease is shall be made, ; (v) the propriety or regularity of any sale or any other dealing by the Security Collateral Agent or any Finance Secured Party with the Collateral, Charged Property; or (vi) how any money paid to the Security Collateral Agent or the Finance Secured Parties has been applied.

Dealings by Third Parties. (1) No Person dealing with the Security Agent, any of the Finance Secured Parties or an agent or receiver is required to determine (i) whether the Security Interest has become enforceable, (ii) whether the powers which such Person is purporting to exercise have become exercisable, (iii) whether any money remains due to the Security Agent or the Finance Secured Parties by the ObligorGrantor, (iv) the necessity or expediency of the stipulations and conditions subject to which any sale or lease is made, (v) the propriety or regularity of any sale or other dealing by the Security Agent or any Finance Secured Party with the Collateral, or (vi) how any money paid to the Security Agent or the Finance Secured Parties has been applied.