Common use of No Duty of Oversight Clause in Contracts

No Duty of Oversight. Securities Intermediary is not at any time under any duty to monitor the value of any Collateral in the Account or whether the Collateral is of a type required to be held in the Account, or to supervise the investment of, or to advise or make any recommendation for the purchase, sale, retention or disposition of any Collateral.

Appears in 9 contracts

Samples: Master Investment and Credit Agreement, Master Transaction Agreement (Radian Group Inc), Credit Agreement (Crosstex Energy Inc)

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No Duty of Oversight. Securities Intermediary is not at any time under any duty to monitor the value of any Indemnification Collateral in the Indemnification Collateral Account or whether the Indemnification Collateral is of a type required or permitted to be held in the Indemnification Collateral Account, or to supervise the investment of, or to advise or make any recommendation for the purchase, sale, retention or disposition of any Collateral.

Appears in 5 contracts

Samples: Indemnification Collateral Account Security and Control Agreement (Metlife Inc), Coordination Agreement (American International Group Inc), Master Transaction Agreement (American International Group Inc)

No Duty of Oversight. Securities Intermediary is not at any time under any duty to monitor the value of any Collateral in the Account Accounts or whether the Collateral is of a type required to be held in the AccountAccounts, or to supervise the investment of, or to advise or make any recommendation for the purchase, sale, retention or disposition of any Collateral.

Appears in 4 contracts

Samples: Master Investment and Credit Agreement, Loan Agreement (Golar LNG LTD), Collateral Account Control Agreement

No Duty of Oversight. Securities Intermediary is not at any time under any duty (a) to monitor or determine the value of any Collateral in the Collateral Account or withdrawn therefrom, or the value of Collateral, if any, delivered or transferred in connection with a withdrawal, whether the Collateral is of a type required to be held in the Collateral Account, or (b) to supervise the investment of, or to advise or make any recommendation for the purchase, sale, retention or disposition of any Collateral.

Appears in 3 contracts

Samples: Derivative Agreement, Isda Master Agreement (Olden Lane Trust C/O Olden Lane Securities LLC), Isda Master Agreement (Equinox Trust)

No Duty of Oversight. The Securities Intermediary is not at any time under any duty to monitor the value of any Account Collateral in the Account or whether the Account Collateral is of a type required to be held in the Account, or to supervise the investment of, or to advise or make any recommendation for the purchase, sale, retention or disposition of any Account Collateral.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (American Airlines Inc), Credit and Guaranty Agreement (American Airlines Inc), Credit and Guaranty Agreement (American Airlines Inc)

No Duty of Oversight. Securities Intermediary is not at any time under any duty to monitor the value of any Collateral in the Account or whether the Collateral is of a type required to be held in the Account, or to supervise the investment of, or to advise or make any recommendation for the purchase, sale, retention or disposition of of, any Collateral.

Appears in 2 contracts

Samples: Isda Master Agreement (Olden Lane Trust C/O Olden Lane Securities LLC), Isda Master Agreement (Equinox Trust)

No Duty of Oversight. Securities Intermediary is not at any time under any duty to monitor the value of any Indemnification Collateral in the Indemnification Account or whether the Indemnification Collateral is of a type required or permitted to be held in the Indemnification Account, or to supervise the investment of, or to advise or make any recommendation for the purchase, sale, retention or disposition of any Collateral.

Appears in 2 contracts

Samples: Stock Purchase Agreement (American International Group Inc), Stock Purchase Agreement (Metlife Inc)

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No Duty of Oversight. Securities Intermediary is not at any time under any duty to monitor the value of any Collateral in the Account or whether the Collateral is of a type required to be held in the Account, or to supervise the investment of, or to advise or make any recommendation for the purchase, sale, retention or disposition of of. any Collateral.

Appears in 1 contract

Samples: Collateral Account Control Agreement (Guggenheim Taxable Municipal Managed Duration Trust)

No Duty of Oversight. Securities Intermediary is not at any time under any duty to monitor the value of any Collateral in the Account Accounts or whether the Collateral is of a type required to be held in the AccountAccounts, or to supervise the investment of, or to advise or make any recommendation for the purchase, sale, retention or disposition of of, any Collateral.

Appears in 1 contract

Samples: Collateral Account Control Agreement (Advent Claymore Convertible Securities & Income Fund)

No Duty of Oversight. Securities Intermediary is not at any time under any duty to monitor the value Value of any Collateral in the Account or to determine whether the Collateral is of a type required to be held or eligible to be held in the Account, or to supervise the investment of, or to advise or make any recommendation for the purchase, sale, retention or disposition of any CollateralCollateral or to determine whether the aggregate Value of the Collateral is sufficient to secure Pledgor's obligations under the Loan Agreement.

Appears in 1 contract

Samples: Collateral Account Control Agreement (America First Multifamily Investors, L.P.)

No Duty of Oversight. Securities Intermediary is not at any time under any duty to monitor the value of any Collateral in the Account or whether the Collateral is of a type required to be held in the Account, or to supervise the investment of, or to advise or make any recommendation for the purchase, sale, retention or disposition of of, any Collateral.. E-124

Appears in 1 contract

Samples: Derivative Agreement

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