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.
Appears in 7 contracts
Samples: Amendment and Restatement Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD), Intercreditor Agreement (Selina Hospitality PLC)
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 Secured Document; or
(c) whether any other event specified in any Debt Secured Document has occurred.
Appears in 2 contracts
No duty to monitor. The Common Each 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.
Appears in 1 contract