Common use of No Liability for Losses Clause in Contracts

No Liability for Losses. The Chargor shall not have any claim against the Security Trustee or the Receiver in respect of any loss arising out of the exercise by the Security Trustee or the Receiver of their respective powers hereunder including without limitation out of any such sale or [Charge Over Deposit Account] any postponement thereof howsoever caused and whether or not a better price could or might have been obtained upon the sale of the Collateral or any part thereof by deferring or advancing the date of such sale or otherwise howsoever, except and to the extent that loss is caused by the Security Trustee's or the Receiver's fraud, negligence or wilful misconduct.

No Liability for Losses. The Chargor shall not have any claim against the Security Trustee or the Receiver in respect of any loss arising out of the exercise by the Security Trustee or the Receiver of their respective powers hereunder including without limitation out of any such sale or [Charge Over Deposit Account] any postponement thereof howsoever caused and whether or not a better price could or might have been obtained upon the sale of the Collateral or any part thereof by deferring or advancing the date of such sale or otherwise howsoever, except and to the extent that loss is caused by the Security Trustee's or the Receiver's fraud, negligence or wilful misconduct.. [Charge Over Deposit Account]