No liability as mortgagee in possession. Neither the Security Agent nor any Receiver will be liable, by reason of entering into possession of a Security Asset, to account as mortgagee in possession or for any loss on realisation or for any default or omission for which a mortgagee in possession might be liable.
Appears in 9 contracts
Samples: Security Agreement, Security Agreement, Security Agreement
No liability as mortgagee in possession. Neither the Security Agent Trustee nor any Receiver will be liable, by reason of entering into possession of a Security Asset, to account as mortgagee in possession or for any loss on realisation or for any default or omission for which a mortgagee in possession might be liable.
Appears in 5 contracts
Samples: Pooling and Settlement Agreement (British Energy Group PLC), Share Purchase Agreement (British Energy Group PLC), Credit Agreement (British Energy Group PLC)
No liability as mortgagee in possession. Neither the Security Agent nor any Receiver will shall be liable, by reason of entering into possession of a Security Asset, liable to account as a mortgagee in possession in respect of all or any part of the Charged Property or be liable for any loss on upon realisation or for any neglect, default or omission for in connection with the Charged Property to which a mortgagee in possession might otherwise be liable.
Appears in 4 contracts
Samples: Credit Agreement (Appleton Papers Inc/Wi), Hertz Corp, Hertz Corp
No liability as mortgagee in possession. Neither the Security Collateral Agent nor any Receiver will be liable, by reason of entering into possession of a Security Asset, to account as mortgagee in possession or for any loss on realisation or for any default or omission for which a mortgagee in possession might be liable.
Appears in 4 contracts
Samples: Security Agreement (Gates Global Inc.), Security Agreement (Gates Global Inc.), Security Agreement (St. Augustine Real Estate Holding LLC)
No liability as mortgagee in possession. Neither the Security Collateral Agent nor any Receiver will be liable, by reason of entering into possession of a Security Asset, to account as mortgagee in possession or for any loss on realisation or for any default or omission for which a mortgagee in possession might be liable.:
Appears in 4 contracts
Samples: Security Agreement (Novelis Inc.), Security Agreement (Novelis Inc.), Security Agreement (Novelis South America Holdings LLC)
No liability as mortgagee in possession. Neither the Security Agent nor any Receiver will be liable, by reason of entering into possession of a Security Asset, to account as mortgagee in possession or for any loss on realisation or for any default or omission for which a mortgagee in possession might be liable.
Appears in 3 contracts
Samples: Subordination Agreement (Borqs Technologies, Inc.), Warp Technology Holdings Inc, Warp Technology Holdings Inc
No liability as mortgagee in possession. Neither the Security Agent nor any Receiver will shall be liable, by reason of entering into possession of a Security Asset, to account as mortgagee in possession or for any loss on realisation or for any default or omission for which a mortgagee in possession might be liable, unless and to the extent such liability is judicially and finally determined to have arisen due to its gross negligence or wilful misconduct.
Appears in 2 contracts
Samples: www.clear-media.net, www.clear-media.net
No liability as mortgagee in possession. Neither the Security Agent nor any Receiver will be liable, by reason of entering into possession of a Security Asset, to account as mortgagee in possession or for any loss on realisation or for any default or omission for which a mortgagee in possession might be liable.:
Appears in 2 contracts
Samples: Facility Agreement (Global Ship Lease, Inc.), A Facilities Agreement (Great Wall Acquisition Corp)
No liability as mortgagee in possession. Neither the Security Agent Trustee nor any Receiver will be liable, by reason of entering into possession of a Security Asset, Asset to account as mortgagee in possession or for any loss on realisation or for any default or omission for which a mortgagee in possession might be liable.
Appears in 1 contract
Samples: Security Agreement
No liability as mortgagee in possession. Neither the Common Security Agent nor any Receiver will be liable, by reason of entering into possession of a Security Asset, to account as mortgagee in possession or for any loss on realisation or for any default or omission for which a mortgagee in possession might be liable.
Appears in 1 contract
Samples: Execution Version Security Agreement
No liability as mortgagee in possession. Neither the Security Collateral Agent nor any Receiver will be liable, by reason of entering into possession of a Security Asset, Asset to account as mortgagee in possession or for any loss on realisation or for any default or omission for which a mortgagee in possession might be liable.
Appears in 1 contract
Samples: Security Agreement (Mimecast LTD)
No liability as mortgagee in possession. Neither the Security Administrative Agent nor any Receiver will be liable, by reason of entering into possession of a Security Asset, to account as mortgagee in possession or for any loss on realisation or for any default or omission for which a mortgagee in possession might be liableliable for any reason other than for their own bad faith, gross negligence or wilful misconduct.
Appears in 1 contract
Samples: Peabody Energy Corp
