Common use of Deposit of Documents Clause in Contracts

Deposit of Documents. may place all deeds, certificates and other documents relating to the property and assets subject to the Transaction Security Documents which are from time to time deposited with it pursuant to the Transaction Security Documents in any safe deposit, safe or receptacle selected by the Security Agent exercising reasonable care or with any firm of solicitors selected by the Security Agent exercising reasonable care and may make any such arrangements as it thinks fit for allowing the Borrower access to, or its solicitors or auditors possession of, such documents when necessary or convenient and the Security Agent shall not be responsible for any loss incurred in connection with any such deposit, access or possession if it has exercised reasonable care in the selection of a safe deposit, safe, receptacle or firm of solicitors.

Deposit of Documents. may place all deeds, certificates and other documents relating to the property and assets subject to the Transaction Security Documents which are from time to time deposited with it pursuant to the Transaction Security Documents in any safe deposit, safe or receptacle selected by the Security Agent Trustee exercising reasonable care or with any firm of solicitors selected by the Security Agent Trustee exercising reasonable care and may make any such arrangements as it thinks fit for allowing the Borrower Parent access to, or its solicitors or auditors possession of, such documents when necessary or convenient and the Security Agent Trustee shall not be responsible for any loss incurred in connection with any such deposit, access or possession if it has exercised reasonable care in the selection of a safe deposit, safe, receptacle or firm of solicitors.

Deposit of Documents. may place all deeds, certificates and other documents relating to the property and assets subject to the Transaction Security Loan Documents which are from time to time deposited with it pursuant to the Transaction Security Loan Documents in any safe deposit, safe or receptacle selected by the Security Agent Trustee exercising reasonable care or with any firm of solicitors selected by the Security Agent Trustee exercising reasonable care and may make any such arrangements as it thinks fit for allowing the Borrower Parent access to, or its solicitors or auditors possession of, such documents when necessary or convenient and the Security Agent Trustee shall not be responsible for any loss incurred in connection with any such deposit, access or possession if it has exercised reasonable care in the selection of a safe deposit, safe, receptacle or firm of or solicitors.

Deposit of Documents. may place all deeds, certificates and other documents relating to the property and assets subject to the Transaction Security Documents which are from time to time deposited with it pursuant to the Transaction Security Documents in any safe deposit, safe or receptacle selected by the Security Agent Trustee exercising reasonable care or with any firm of solicitors selected by the Security Agent Trustee exercising reasonable care and may make any such arrangements as it thinks fit for allowing the Borrower access to, or its solicitors or auditors possession of, such documents when necessary or convenient and the Security Agent Trustee shall not be responsible for any loss incurred in connection with any such deposit, access or possession if it has exercised reasonable care in the selection of a safe deposit, safe, receptacle or firm of solicitors.