Dealings with attorneys. The exercise of such power by or on behalf of the Security Agent shall not put any person dealing with the Security Agent upon any enquiry as to whether any Default has happened, nor shall such person be in any way affected by notice that no such event has happened, and the exercise by the Security Agent of such power shall be conclusive evidence of its right to exercise the same.
Appears in 2 contracts
Samples: Loan Agreement (Quintana Shipping Ltd.), Agreement (Quintana Shipping Ltd.)
Dealings with attorneys. The exercise of such power by or on behalf of the Security Agent shall not put any person dealing with the Security Agent upon any enquiry as to whether any Default has happened, nor shall such person be in any way affected by notice that no such event has happened, and the exercise by the Security Agent of such power shall be conclusive evidence of its or his right to exercise the same.
Appears in 1 contract
Samples: Loan Agreement (Euronav NV)
Dealings with attorneys. The exercise of such power by or on behalf of the Security Agent shall not put any person dealing with the Security Agent upon any enquiry as to whether any an Event of Default has happenedoccurred, nor shall such person be in any way affected by notice that no such event has happenedoccurred, and the exercise by the Security Agent of such power shall be constitute conclusive evidence of its right to exercise the same.
Appears in 1 contract
Samples: Credit Agreement (DryShips Inc.)