No liability of Lender or Receiver. Neither the Lender nor any Receiver shall be obliged to check the nature or sufficiency of any payment received by it or him under this Deed or to preserve, exercise or enforce any right forming part of, or relating to, any item of the Secured Assets.
Appears in 5 contracts
Samples: Knightsbridge Tankers LTD, Knightsbridge Tankers LTD, Knightsbridge Tankers LTD