No duty to account. The Security Agent shall not be bound to account to any other Secured Party for any sum or the profit element of any sum received by it for its own account.
No duty to account. The Intercreditor Agent shall not be bound to account to any other Secured Party for any sum or the profit element of any sum received by it for its own account.
No duty to account. The Limited Partners who are not TMHC or Subsidiaries of TMHC shall have no duty to account to the Partnership or other Partners in respect of any profits deriving from activities outside of the Partnership.
No duty to account. The Collateral Agent shall not be bound to account to any other Secured Party for any sum or the profit element of any sum received by it for its own account.
No duty to account. None of the Agent, the Security Agent or Mandated Lead Arrangers shall be bound to account to any other Finance Party for any sum or the profit element of any sum received by it for its own account.
No duty to account. The Common Security Agent shall not be bound to account to any other Secured Creditor for any sum or the profit element of any sum received by it for its own account.
No duty to account. The UK Security Trustee shall not be bound to account to any other Lender for any sum or the profit element of any sum received by it for its own account.
No duty to account. Each party hereby agrees to waive for itself and its Affiliates any obligation that the other party or its Affiliates account for any profits arising from any joint works created by the parties hereto or any of their respective Affiliates.
No duty to account. For Jointly Developed IPR, neither party will have a duty to account to the other party, or to pay any share of any revenue or compensation earned or received, with respect to its use or exploitation; provided, however, if such Jointly Developed IPR contains Background IPR or Foreground IPR of the other party, then the party desiring to use or exploit such Jointly Developed IPR will not be able to do so unless and until it has received appropriate rights from the other party under such Background IPR or Foreground IPR to permit such use or exploitation.
No duty to account. The Security Trustee shall not be bound to account to any other Secured Party for any sum or the profit element of any sum received by it for its own account.
