Common use of No Duty of Inquiry Clause in Contracts

No Duty of Inquiry. Without limiting the generality of the foregoing, Custodian shall be under no obligation to inquire into, and shall not be liable for: (i) The validity of the issue of any Securities purchased or sold by or for Buyer or Seller, the legality of the purchase or sale, or the validity or enforceability of any Trust Receipt received by Custodian hereunder; (ii) The due authority of any Authorized Person to act on behalf of Buyer or Seller with respect to cash or Securities held in Buyer's Account or Seller's Account; or (iii) The due authority of Buyer, Seller or any entities for which Buyer acts to purchase, sell or hold any particular Security hereunder.

No Duty of Inquiry. Without limiting the generality of the foregoing, Custodian shall be under no obligation to inquire into, and shall not be liable for: (i) The validity of the issue of any Securities purchased or sold by or for Buyer or Seller, the legality of the purchase or sale, or the validity or enforceability of any Trust Receipt received by Custodian hereunder; (ii) The due authority of any Authorized Person to act on behalf of Buyer or Seller with respect to Securities and cash or Securities held in Buyer's Account or Seller's Account; or (iii) The due authority of Buyer, Seller or any entities for which Buyer acts to purchase, sell or hold any particular Security hereunder.

No Duty of Inquiry. Without limiting the generality of the foregoing, Custodian shall be under no obligation to inquire into, and shall not be liable for: (i) The validity of the issue of any Securities purchased or sold by or for Buyer or Seller, the legality of the purchase or sale, sale or the validity or enforceability of any Trust Receipt received by Custodian hereunder; (ii) The due authority of any Authorized Person to act on behalf of Buyer or Seller with respect to cash or Securities held in Buyer's ’s Account or Seller's ’s Account; or (iii) The due authority of Buyer, Seller or any entities for which Buyer acts to purchase, sell or hold any particular Security hereunder.

No Duty of Inquiry. Without limiting the generality of the foregoing, Custodian shall be under no obligation to inquire into, and shall not be liable for: (i) The validity of the issue of any Securities purchased or sold by or for Buyer or Seller, the legality of the purchase or sale, sale or the validity or enforceability of any Trust Receipt received by Custodian hereunder; (ii) The due authority of any Authorized Person to act on behalf of Buyer or Seller with respect to cash or Securities held in Buyer's Account or Seller's Account; or (iii) The due authority of Buyer, Seller or any entities for which Buyer acts to purchase, sell or hold any particular Security hereunder.

No Duty of Inquiry. Without limiting the generality of the foregoing, Custodian shall be under no obligation to inquire into, and shall not be liable for: (i) The validity of the issue of any Securities purchased or sold by or for Buyer or Seller, the legality of the purchase or sale, or the validity or enforceability of any Trust Receipt received by Custodian hereunder; (ii) The due authority of any Authorized Person to act on behalf of Buyer or Seller with respect to Securities and cash or Securities held in Buyer's ’s Account or Seller's ’s Account; or (iii) The due authority of Buyer, Seller or any entities for which Buyer acts to purchase, sell or hold any particular Security hereunder.

No Duty of Inquiry. Without limiting the generality of the foregoing, Custodian Subcustodian shall be under no obligation to inquire into, and shall not be liable for: (i) The validity of the issue of any Securities purchased or sold by or for Buyer or Seller, the legality of the purchase or sale, or the validity or enforceability of any Trust Receipt received by Custodian Subcustodian hereunder; (ii) The due authority of any Authorized Person to act on behalf of Buyer or Seller Seller, or Custodian with respect to cash or Securities held in Buyer's ’s Account or Seller's ’s Account; or (iii) The due authority of Buyer, Seller or any entities for which Buyer acts to purchase, sell or hold any particular Security hereunder.

No Duty of Inquiry. Without limiting the generality of the foregoing, Custodian shall be under no obligation obligax3n to inquire into, and shall not be liable for: (i) The validity of the issue of any Securities purchased or sold by or for Buyer or Seller, the legality of the purchase or sale, sale or the validity or enforceability of any Trust Receipt received by Custodian hereunder; (ii) The due authority of any Authorized Person to act on behalf of Buyer or Seller with respect to cash or Securities held in Buyer's ’s Account or Seller's ’s Account; or (iii) The due authority of Buyer, Seller or any entities for which Buyer acts to purchase, sell or hold any particular Security hereunder.