Common use of No enquiry Clause in Contracts

No enquiry. The Agent shall not be obliged to make any enquiry as to the nature or sufficiency of any payment received by it under this Deed or to make any claim or take any action to collect any moneys hereby assigned or to enforce any rights or benefits hereby assigned to the Security Agent or to which the Security Agent may at any time be entitled under this Deed.

Appears in 4 contracts

Samples: Supplemental Agreement (Diana Shipping Inc.), Supplemental Agreement (Quintana Shipping Ltd.), Supplemental Agreement (Quintana Shipping Ltd.)

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No enquiry. The the Security Agent shall not be obliged to make any enquiry as to the nature or sufficiency of any payment received by it under this Deed or to make any claim or take any action to collect any moneys hereby assigned or to enforce any rights or benefits hereby assigned to the Security Agent or to which the Security Agent may at any time be entitled under this Deed.; and

Appears in 3 contracts

Samples: Loan Agreement (Euronav NV), Agreement (Quintana Shipping Ltd.), Loan Agreement (Quintana Shipping Ltd.)

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No enquiry. The Security Agent shall not be obliged to make any enquiry as to the nature or sufficiency of any payment received by it under this Deed or to make any claim or take any action to collect any moneys hereby assigned receivable by the Security Agent in the exercise of any powers conferred by this Deed or to enforce any rights or benefits hereby assigned to the Security Agent or to which the Security Agent may at any time be entitled under this Deed.

Appears in 1 contract

Samples: Credit Agreement (DryShips Inc.)

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