No Duty. Collateral Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of Collateral Agent’s Lien thereon, or any certificate prepared by any Note Party in connection therewith, nor shall Collateral Agent be responsible or liable to the Purchasers for any failure to monitor or maintain any portion of the Collateral.
Appears in 9 contracts
Samples: Note Purchase Agreement (Capstone Green Energy Holdings, Inc.), Note Purchase Agreement (Capstone Green Energy Corp), Master Note Purchase Agreement (Ontrak, Inc.)
No Duty. Collateral Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of Collateral Agent’s Lien thereon, or any certificate prepared by any Note Credit Party in connection therewith, nor shall Collateral Agent be responsible or liable to the Purchasers Lenders for any failure to monitor or maintain any portion of the Collateral.
Appears in 9 contracts
Samples: Credit and Guaranty Agreement (Veritone, Inc.), Credit and Guaranty Agreement (Lifecore Biomedical, Inc. \De\), Credit and Guaranty Agreement (ONE Group Hospitality, Inc.)
No Duty. Collateral Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of Collateral Agent’s Lien thereon, or any certificate prepared by any Note Party Borrower in connection therewith, nor shall Collateral Agent be responsible or liable to the Purchasers Lenders for any failure to monitor or maintain any portion of the Collateral.
Appears in 3 contracts
Samples: Credit Agreement (Hospitality Investors Trust, Inc.), Dip Credit Agreement (Hospitality Investors Trust, Inc.), Restructuring Support Agreement (Hospitality Investors Trust, Inc.)
No Duty. Collateral Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of Collateral Agent’s Lien thereon, or any certificate prepared by any Note Credit Party in connection therewith, nor shall Collateral Agent be responsible or liable to the Purchasers Lenders for any failure to monitor or maintain any portion of the Collateral.. 152
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (ONE Group Hospitality, Inc.), Credit and Guaranty Agreement (ONE Group Hospitality, Inc.)
No Duty. Collateral Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of Collateral Agent’s Lien thereon, or any certificate prepared by any DIP Note Party in connection therewith, nor shall Collateral Agent be responsible or liable to the Purchasers Purchaser for any failure to monitor or maintain any portion of the Collateral.
Appears in 1 contract
Samples: Possession Note Purchase Agreement (Capstone Green Energy Corp)
No Duty. Collateral Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of Collateral Agent’s Lien thereon, or any certificate prepared by any Note Party in connection therewith, nor shall Collateral Agent be responsible or liable to the Purchasers for any failure to monitor or maintain any portion of the Collateral.. 130
Appears in 1 contract
No Duty. Collateral Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of Collateral Agent’s Lien thereon, or any certificate prepared by any Note Credit Party in connection therewith, nor shall Collateral Agent be responsible or liable to the Purchasers Lenders for any failure to monitor or maintain any portion of the Collateral.. (f)
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Lifecore Biomedical, Inc. \De\)
No Duty. The Collateral Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of the Collateral Agent’s Lien thereon, or any certificate prepared by any Note Party the Borrower in connection therewith, nor shall the Collateral Agent be responsible or liable to the Purchasers Lenders for any failure to monitor or maintain any portion of the Collateral.
Appears in 1 contract
No Duty. Collateral Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of Collateral Agent’s Lien thereon, or any certificate prepared by any Note Credit Party in connection therewith, nor shall Collateral Agent be responsible or liable to the Purchasers Lenders or any Secured Party for any failure to monitor or maintain any portion of the Collateral.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Karyopharm Therapeutics Inc.)
