No duty to monitor Sample Clauses

No duty to monitor. The Agent shall not be bound to enquire: (a) whether or not any Default has occurred; (b) as to the performance, default or any breach by any Party of its obligations under any Finance Document; or (c) whether any other event specified in any Finance Document has occurred.
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No duty to monitor. The Trustee shall have no duty or responsibility to monitor the amounts of deposits into or withdrawals from any Management Account.
No duty to monitor. The Security Trustee shall not have any duty to monitor or supervise the performance by the Cash Manager of its duties and obligations under this Agreement or any other Transaction Document (and the Security Trustee shall be entitled to assume that the Cash Manager is performing its duties and obligations thereunder until it has actual knowledge to the contrary) nor shall the Security Trustee be in any way liable for any Liability suffered by any party hereto or any other party resulting from the acts or omissions of the Cash Manager or any of its agents, sub-contractors, representatives or delegates in the discharge of any of the duties and obligations the Cash Manager is obliged to perform as the agent of, among others, the Security Trustee.
No duty to monitor. The Agent shall not be bound to enquire:
No duty to monitor. The Common Security Agent shall not be bound to enquire: (a) whether or not any Default has occurred; (b) as to the performance, default or any breach by any Party of its obligations under any Debt Document; or (c) whether any other event specified in any Debt Document has occurred.
No duty to monitor. The Security Agent shall not be bound to enquire: (a) whether or not any Default has occurred; (b) as to the performance, default or any breach by any Obligor of its obligations under any Transaction Document; or (c) whether any other event specified in any Transaction Document has occurred.
No duty to monitor. The Security Agent shall not be bound to enquire:
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No duty to monitor. No Administrative Agent shall be bound to enquire: (a) whether or not any Default has occurred; (b) as to the performance, default or any breach by any Party of its obligations under any Finance Document; or (c) whether any other event specified in any Finance Document has occurred.
No duty to monitor. None of the Agents nor the Security Agent shall be bound to enquire: (a) whether or not any Default has occurred; (b) as to the performance, default or any breach by any Party of its obligations under any Finance Document; or (c) whether any other event specified in any Finance Document has occurred, and each Agent and the Security Agent shall be entitled to assume, unless it has received express notice to the contrary, that each other Party is complying with its obligations under the Finance Documents.
No duty to monitor. The Intercreditor Agent shall not be bound to enquire: (a) whether or not any Default has occurred; (b) as to the performance, default or any breach by any Party of its obligations under any Debt Document; or (c) whether any other event specified in any Debt Document has occurred.
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