Common use of No liability as mortgagee in possession Clause in Contracts

No liability as mortgagee in possession. Neither the Mortgagee nor any Receiver will be liable, by reason of entering into possession of any Collateral, 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, except to the extent resulting from any deliberate misconduct or deliberate default of the Mortgagee or any Receiver.

Appears in 2 contracts

Samples: Sohu.com LTD, Sohu.com LTD

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No liability as mortgagee in possession. Neither the Mortgagee Lender nor any Receiver will or Delegate shall be liable, by reason of entering into possession of any CollateralCharged Property, to account as mortgagee in possession or for any loss on realisation or of for any default or omission for which a mortgagee in possession might be liable, except to the extent resulting from any deliberate misconduct or deliberate default of the Mortgagee or any Receiver.

Appears in 2 contracts

Samples: Supplemental Security Agreement (Freeline Therapeutics Holdings PLC), Security Agreement (Freeline Therapeutics Holdings PLC)

No liability as mortgagee in possession. Neither the Mortgagee Lender nor any Receiver will nor any Administrator shall be liable, by reason of entering into possession of any Collateral, liable to account as mortgagee in possession in respect of all or any of the Charged Property nor shall any of them be liable for any loss upon realisation of, or for any loss on realisation neglect or for default of any default nature whatsoever in connection with, all or omission any of the Charged Property for which a mortgagee in possession might as such be liable, except to the extent resulting from any deliberate misconduct or deliberate default of the Mortgagee or any Receiver.

Appears in 1 contract

Samples: Agreement (Advance Nanotech, Inc.)

No liability as mortgagee in possession. Neither the Mortgagee Lender nor any Receiver will or Delegate shall be liable, by reason of entering into possession of a Secured Asset or for any Collateralother reason, to account as mortgagee in possession in respect of all or any of the Secured Assets, nor shall any of them be liable for any loss on realisation of, or for any act, default or omission for which a mortgagee in possession might be liable, except to the extent resulting from any deliberate misconduct or deliberate default of the Mortgagee or any Receiver.

Appears in 1 contract

Samples: SmartKem, Inc.

No liability as mortgagee in possession. Neither the Mortgagee Chargee nor any Receiver will be liable, by reason of entering into possession of any Collaterala 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, except to the extent resulting from any deliberate misconduct or deliberate default of the Mortgagee or any Receiver.

Appears in 1 contract

Samples: Security Agreement (Yingli Green Energy Holding Co LTD)

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No liability as mortgagee in possession. Neither the Mortgagee NWPTL nor any Receiver will shall be liable, by reason of entering into possession of any Collaterala 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, except to the extent resulting from any deliberate misconduct or deliberate default of the Mortgagee or any Receiver.

Appears in 1 contract

Samples: NatWest Group PLC

No liability as mortgagee in possession. Neither the Mortgagee Lender nor any Receiver will be liable, by reason of entering into possession of any Collaterala Charged 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, except to the extent resulting from any deliberate misconduct or deliberate default of the Mortgagee or any Receiver.

Appears in 1 contract

Samples: Security Agreement

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