No Investigation. Pledgeholder shall not be required to make any investigation or inquiry as to the existence of any event of default, but for all purposes of this Agreement shall conclusively rely, as to the existence or nonexistence of any event or Default on a written notice of Pledgee, delivered to the Pledgeholder; provided Pledgor is given at least ten (10) days written notice of the notice received by Pledgeholder from Pledgee. Notwithstanding the foregoing, Pledgeholder shall conclusively rely on such written notice of Pledgee even if Pledgeholder receives a conflicting notice from Pledgor. Pledgeholder shall give prompt written notice to Pledgee of any failure by Pledgor to comply with the provisions of this Agreement. If, and only if, Pledgor is in Default, Pledgee may, upon written notification thereof to Pledgeholder, cause the Collateral to be transferred to Pledgee. Pledgeholder, upon receipt of written notification of Default from Pledgee, shall give written notice to Pledgor of the instructions received by Pledgeholder from Pledgee and if, within ten (10) days after such notice shall be deemed received by Pledgor, Pledgeholder has not received written instructions from Pledgor claiming that no Default has occured and the Collateral should not be transferred to Pledgee, then Pledgeholder shall cause the Collateral to be transferred to Pledgee, If , however, Pledgeholder shall receive such written instructions from Pledgor within such ten (10) day period, then Pledgeholder shall file an interpleader action with respect to the Collateral.
No Investigation. The Custodian shall be under no obligation to make any investigation into the facts or matters stated in any resolution, certificate, statement, acknowledgement, consent, order or other document that is included in the Custodial Documents.
No Investigation. No Party shall have been advised by any United States federal government agency (which advisory has not been officially withdrawn on or prior to the Closing Date) that such government agency is investigating the transactions contemplated by this Agreement to determine whether to file or commence any litigation that seeks or would seek to enjoin, restrain or prohibit the consummation of the transactions contemplated by this Agreement and the Ancillary Agreements.
No Investigation. There shall be no pending, threatened or outstanding investigation or challenge by any Governmental Entity with respect to the transactions contemplated hereby.
No Investigation. There exists no investigation by any governmental or regulatory authority, or any request for information or action by any third party, known to Buyer which could result in the institution of legal proceedings to prohibit or restrain the consummation or performance of this Agreement or the transactions contemplated hereby.
No Investigation. The Guarantor hereby waives unconditionally any obligation which, in the absence of such provisions, the Agents or the Lenders might otherwise have to investigate or to assure that there has been compliance with the law of any jurisdiction of any Subsidiary Borrower with respect to the Guaranteed Obligations recognizing that, to save both time and expense, the Guarantor has requested that the Agents and the Lenders not undertake such investigation. The Guarantor hereby expressly confirms that the obligations of the Guarantor hereunder shall remain in full force and effect without regard to compliance or noncompliance with any such law and irrespective of any investigation or knowledge of any Agent or Lender of any such law.
No Investigation. There is no pending, and ETHYPHARM has no knowledge of any threatened, claim, investigation, proceeding, suit or other legal, regulatory or similar action asserting that the use, manufacture, packaging, distribution or sale of the Product constitutes an infringement of any Intellectual Property rights of any Person, including, without limitation, any extant patents, trade secrets, trademarks or other rights of any Person.
No Investigation. The Collateral Agent shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, notice, request, direction, consent, order, bond, debenture or other paper or document, but the Collateral Agent, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit.
No Investigation. Each Guarantor hereby waives unconditionally any ---------------- obligation which, in the absence of this provision, the Agents and the Lenders might otherwise have to investigate or to assure that there has been compliance with the law of any jurisdiction with respect to the Guaranteed Obligations recognizing that, to save both time and expense, the Guarantors have requested that the Agents and the Lenders not undertake such investigation.
No Investigation. There shall be no inquiry or investigation (whether formal or informal) in relation to the Purchaser or its directors or officers, commenced or threatened by an officer or official of any Governmental Entity, such that the outcome of such inquiry or investigation could have a Material Adverse Effect on the Purchaser; and