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: Debenture (British Energy Group PLC), Debenture (British Energy Group PLC), Mortgage of Shares (British Energy Group PLC)
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, :
(a) to account as mortgagee in possession or for any loss on realisation or realisation; or
(b) for any default or omission for which a mortgagee in possession might be liable.
Appears in 4 contracts
Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.), Credit Agreement (Novelis South America Holdings LLC)
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), Deed of Charge (Hertz Corp), Deed of Charge (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 3 contracts
Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.), Credit 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: Equitable Mortgage (Borqs Technologies, Inc.), Security Agreement (Warp Technology Holdings Inc), Security Agreement (Warp Technology Holdings Inc)
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, :
(a) to account as mortgagee in possession or for any loss on realisation or realisation; or
(b) 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.), Deed of Charge (Great Wall Acquisition Corp)
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: Company Debenture, Parent Share Mortgage
No liability as mortgagee in possession. Neither the Security Agent Lender nor any Receiver will be liable, by reason of entering into possession of a Security Asset, :
(a) to account as mortgagee in possession or for any loss on realisation or realisation; or
(b) for any default or omission for which a mortgagee in possession might be liable.
Appears in 1 contract
Samples: Mortgage of Shares (Inyx Inc)
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: Share Charge (Peabody Energy 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, 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 Agent Chargee nor any Receiver will be liable, by reason of entering into possession of a Security Asset, :
(a) to account as mortgagee in possession or for any loss on realisation or realisation; or
(b) for any default or omission for which a mortgagee in possession might be liable.
Appears in 1 contract
Samples: Sale and Purchase Agreement (Ctrip Com International LTD)
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: Security Agreement
