Insurance by Security Trustee. (a) The Security Trustee shall not be under any obligation to insure any of the Charged Property, to require any other person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Finance Documents. The Security Trustee shall not be responsible for any loss which may be suffered by any person as a result of the lack of or inadequacy of any such insurance.
Appears in 13 contracts
Samples: Loan Agreement (Prestige Cruises International, Inc.), Facilities Agreement (Genesco Inc), Loan Agreement (Seven Seas Cruises S. DE R.L.)
Insurance by Security Trustee. (a) The Security Trustee shall not be under any obligation to insure any of the Charged Property, to require any other person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Finance Debt Documents. The Security Trustee shall not be responsible for any loss which may be suffered by any person as a result of the lack of or inadequacy of any such insurance.
Appears in 3 contracts
Samples: Note Purchase Agreement (Luxfer Holdings PLC), Intercreditor Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.)
Insurance by Security Trustee. (a) The Security Trustee shall not be under any obligation to insure any of the Charged Trust Property, to require any other person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Finance Documents. The Security Trustee shall not be responsible for any loss which may be suffered by any person as a result of the lack of or inadequacy of any such insurance.
Appears in 3 contracts
Samples: Agreement (Fx Energy Inc), Agreement (Fx Energy Inc), Agreement (Fx Energy Inc)
Insurance by Security Trustee. (a) The Security Trustee shall not be under any obligation to insure any of the Charged PropertySecured Collateral, to require any other person Person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Finance Documents. The Security Trustee shall not be responsible for any loss which that may be suffered by any person Person as a result of the lack of or inadequacy of any such insurance.
Appears in 3 contracts
Samples: Project Facilities Agreement (Pacific Drilling S.A.), Project Facilities Agreement (Pacific Drilling S.A.), Project Facilities Agreement (Pacific Drilling S.A.)
Insurance by Security Trustee. (a) 28.12.1 The Security Trustee shall not be under any obligation to insure any of the Charged Property, to require any other person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Finance Documents. The Security Trustee shall not be responsible for any loss which may be suffered by any person as a result of the lack of or inadequacy of any such insurance.
Appears in 2 contracts
Samples: Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD)
Insurance by Security Trustee. (a) The Security Trustee shall not be under any obligation to insure any of the Charged PropertyCollateral, to require any other person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Finance Documents. The Security Trustee shall not be responsible for any loss which may be suffered by any person as a result of the lack of or inadequacy of any such insurance.
Appears in 2 contracts
Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)
Insurance by Security Trustee. (a) 29.13.1 The Security Trustee shall not be under any obligation to insure any of the Charged Property, to require any other person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Finance Documents. The Security Trustee shall not be responsible for any loss which may be suffered by any person as a result of the lack of or inadequacy of any such insurance.
Appears in 2 contracts
Samples: And Restatement Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)
Insurance by Security Trustee. (a) 28.14.1 The Security Trustee shall not be under any obligation to insure any of the Charged Property, to require any other person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Finance Documents. The Security Trustee shall not be responsible for any loss which may be suffered by any person as a result of the lack of or inadequacy of any such insurance.
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Insurance by Security Trustee. (a) The Security Trustee shall not be under any obligation to insure any of the Charged PropertyCollateral, to require any other person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Finance Transaction Documents. The Security Trustee shall not be responsible for any loss Loss which may be suffered by any person as a result of the lack of, avoidance of or inadequacy of any such insurance.
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Insurance by Security Trustee. (a) 8.11.1 The Security Trustee shall not be under any obligation to insure any of the Charged Property, to require any other person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Finance Issue Documents. The Security Trustee shall not be responsible for any loss which may be suffered by any person as a result of the lack of or inadequacy of any such insurance.
Appears in 1 contract
Samples: China Time Share Media Co. LTD
Insurance by Security Trustee. (a) 8.11.1 The Security Trustee shall not be under any obligation to insure any of the Charged Property, to require any other person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Transaction Finance Documents. The Security Trustee shall not be responsible for any loss which may be be. suffered by any person as a result of the lack of or inadequacy of any such insurance.
Appears in 1 contract
Samples: WSP Holdings LTD
Insurance by Security Trustee. (a) 27.12.1 The Security Trustee shall not be under any obligation to insure any of the Charged Property, to require any other person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Finance Documents. The Security Trustee shall not be responsible for any loss which may be suffered by any person as a result of the lack of or inadequacy of any such insurance.
Appears in 1 contract
Samples: Validus Holdings LTD
Insurance by Security Trustee. (a) 30.13.1 The Security Trustee shall not be under any obligation to insure any of the Charged Property, to require any other person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Finance Documents. The Security Trustee shall not be responsible for any loss which may be suffered by any person as a result of the lack of or inadequacy of any such insurance.
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