No Liability of Issuer. This Control Agreement shall not subject the Issuer to any obligation or liability except as expressly set forth herein. In particular, the Issuer need not investigate whether the Collateral Agent is entitled under the Pledge Agreement or otherwise to give an instruction or notice of sole control.
Appears in 6 contracts
Samples: Credit Agreement (Be Aerospace Inc), Pledge Agreement (Verifone Systems, Inc.), Pledge Agreement (Duane Reade Holdings Inc)
No Liability of Issuer. This Control Agreement shall not subject the Issuer to any obligation or liability except as expressly set forth herein. In particular, the Issuer need not investigate whether the Collateral Administrative Agent is entitled under the Pledge Agreement or otherwise to give an instruction or notice of sole control.
Appears in 1 contract
No Liability of Issuer. This Control Agreement shall not subject the Issuer to any obligation or liability except as expressly set forth herein. In particular, the Issuer need not investigate whether the Collateral Agent is entitled under the either or both Pledge Agreement Agreements or otherwise to give an instruction or notice of sole control.
Appears in 1 contract
