No Deemed Knowledge. The Agent shall not be deemed to have actual knowledge of the falsehood or incompleteness of any representation or warranty made or deemed repeated by any of the Security Parties or actual knowledge of the occurrence of any Event of Default or Potential Event of Default unless a Bank or any of the Security Parties shall have given written notice thereof to the Agent.
Appears in 4 contracts
Samples: Loan Facility Agreement (Teekay LNG Partners L.P.), Loan Facility Agreement (Teekay Shipping Corp), First Supplemental Agreement (Gulfmark Offshore Inc)
No Deemed Knowledge. The Agent shall not be deemed to have actual knowledge of the falsehood or incompleteness of any representation or warranty made or deemed repeated by any of the Security Parties Party or actual knowledge of the occurrence of any Event of Default or Potential Event of Default unless a Bank Lender or any of the a Security Parties Party shall have given written notice thereof to the Agent in its capacity as the Agent. Any information acquired by the Agent other than specifically in its capacity as the Agent shall not be deemed to be information acquired by the Agent in its capacity as the Agent.
Appears in 4 contracts
Samples: Loan Agreement (Teekay LNG Partners L.P.), Diana Shipping Inc., Loan Agreement (Teekay Shipping Corp)
