Insurance by Trustee. (a) The 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 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 (Citigroup Inc), 2 Term Facility Agreement (Citigroup Inc), Agreement (Citigroup Inc)
Insurance by Trustee. (a) The Trustee shall not be under any obligation to insure any of the Charged Secured Property, to require any other person Person to maintain any insurance or to verify any obligation to arrange or maintain insurance contained in the Finance Transaction Documents. The Trustee shall not be responsible for any loss which 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: Export Finance Agreement (Votorantim Pulp & Paper Inc), Export Finance Agreement (Votorantim Pulp & Paper Inc), Export Finance Agreement (Votorantim Pulp & Paper Inc)
Insurance by Trustee. (a) The Trustee shall not be under any obligation to insure any of the Charged PropertyCash Collateral, 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 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: Restated Agreement (HCC Insurance Holdings Inc/De/), Restated Agreement (HCC Insurance Holdings Inc/De/)
Insurance by Trustee. (a) 27.9.1 The Trustee shall not be under any obligation to insure any of the Charged PropertyCash Collateral, 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 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: Restated Agreement (HCC Insurance Holdings Inc/De/), Agreement (HCC Insurance Holdings Inc/De/)
Insurance by Trustee. (a) 28.9.1 The 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 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: HCC Insurance Holdings Inc/De/
Insurance by Trustee. (a) The 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 Loan Documents. The 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: Assignment and Assumption (Fleetcor Technologies Inc)
