Common use of No duty to monitor Clause in Contracts

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: (a) whether or not any Default has occurred; (b) as to the performance, default or any breach by any Obligor Party 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: enquire (a) whether or not any Default has occurred; , (b) as to the performance, default or any breach by any Obligor Party of its obligations under any Transaction Document; or Debt Document or (c) whether any other event specified in any Transaction Debt Document has occurred.

No duty to monitor. The Security Agent shall not be bound to enquireinquire: (a) whether or not any Default has occurred; (b) as to the performance, default or any breach by any Transaction 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: (a) whether or not any Default has occurred; (b) as to the performance, default or any breach by any Obligor Party of its obligations under any Transaction Debt Document; or; (c) whether any other event specified in any Transaction Debt Document has occurred; or (d) whether a Sponsor Affiliate or member of the Group beneficially owns or has any participation in an External Credit Participation for the purposes of Clause 25.5 (Snooze/Lose).

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 Transaction Obligor or an Approved Manager of its obligations under any Transaction DocumentDocument to which it is a party; 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: (a) whether or not any Default has occurred; (b) as to the performance, default or any breach by any Obligor Party of its obligations under any Transaction DocumentLoan; or (c) whether any other event specified in any Transaction Finance Document has occurred.

No duty to monitor. The Security Agent shall not be bound to enquire: enquire (a) whether or not any Default has occurred; , (b) as to the performance, default or any breach by any Obligor Party of its obligations under any Transaction Document; Debt 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: (a) whether or not any Default default has occurred; (b) as to the performance, default or any breach by any Obligor Party of its obligations under any Transaction Debt Document; or (c) whether any other event specified in any Transaction Debt Document has occurred.