ENGLISH AGENT AS TRUSTEE. (a) The English Agent in its capacity as trustee or otherwise under the Loan Documents:
(i) is not liable for any failure, omission, or defect in perfecting or registering the security constituted or created by any Loan Document;
(ii) may accept without inquiry such title as any Credit Party may have to any asset secured by any Loan Document; and
(iii) is not under any obligation to hold any Loan Document or any other document in connection with the Loan Documents or the assets secured by any Loan Document (including title deeds) in its own possession or take any steps to protect or preserve the same. The English Agent may permit any Credit Party to retain any Loan Document or other document in its possession.
(b) Except as otherwise provided in the Loan Documents, all moneys which under the trusts contained in the Loan Documents are received by the English Agent in its capacity as trustee or otherwise may be invested in the name of or under the control of the English Agent in any investment authorized by English law for the investment by trustee of trust money or in any other investments which may be selected by the English Agent. Additionally, the same may be placed on deposit in the name or under the control of the English Agent at such bank or institution (including the English Agent) and upon such terms as the English Agent may think fit.
ENGLISH AGENT AS TRUSTEE. 98 SECTION 11. GUARANTEE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99 11.1 GUARANTEE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99 11.2
ENGLISH AGENT AS TRUSTEE. 99 SECTION 11. GUARANTEE.......................................................100 11.1 GUARANTEE..........................................................100 iii--
