No monitoring. Without affecting the obligations of the Borrowers in any way, no Finance Party is bound to monitor or verify the application of the proceeds of any Advance.
No monitoring. No Finance Party is bound to monitor or verify the application of any amount borrowed pursuant to this Agreement.
No monitoring. The Agent is not required to keep itself informed as to the compliance by any Relevant Company with any Transaction Document or any other document or agreement or to inspect any property or book of any Relevant Company.
No monitoring. None of the Finance Parties shall be obliged to investigate or monitor the use or application of the proceeds of the Advances.
No monitoring. You may not access the Services for purposes of monitoring their availability, performance or functionality, or for any other benchmarking or competitive purposes.
No monitoring. The Security Trustee is not required to keep itself informed as to the compliance by the Chargor or the Manager with any Trust Document or any other document or agreement or to inspect any property or book of the Chargor or the Manager.
No monitoring. Neither the Agent, the Arranger nor any Bank shall be obliged to investigate or monitor the use or application of the proceeds of the Advances.
No monitoring. The Security Trustee is not required to keep itself informed as to the compliance by the Chargor or the Trust Manager with any Trust Document or any other document or agreement or to inspect any property or book of the Chargor or the Trust Manager. -------------------------------------------------------------------------------- Page 36 --------------------------------------------------------------------------------
No monitoring. RBC is not your broker, intermediary, agent, or advisor and has no fiduciary relationship or obligation to you in connection with any trades or other decisions or activities undertaken by you using RBC Services. We do not monitor whether your use of RBC Services is consistent with your financial goals and objectives. It is up to you to assess whether your financial resources are adequate for your financial activity with us, and to your risk appetite in the products and services you use.
No monitoring. Except to the extent required by the Corporations Act and notwithstanding any other provisions of this Deed or the Terms:
(a) the Trustee has no obligation to assess, investigate or keep under review or monitor compliance by the Issuer of its covenants and obligations under this Deed or the Terms or any other activities, financial condition or status of the Issuer or provide to any person (including a Holder) any information with respect to the Issuer (whenever coming into its possession), including provide notice to any Holder of any breach by the Issuer of any provision of this Deed or the Terms;
(b) the Trustee need not take any steps to ascertain whether there has occurred (and will not be taken to have knowledge that such has occurred until it has received written notice from the Issuer or a Holder in relation to such) any Event of Default or event which constitutes or which would, with the giving of notice or the lapse of time or the issue of a certificate, constitute an Event of Default; and
(c) the Trustee is not required to:
(i) request information or otherwise keep itself informed as to the performance or observance by the Issuer of its obligations under this Deed (or any other document to which the Issuer is a party). This includes no requirement to inspect the books or review the credit worthiness of the Issuer or investigate whether a default has occurred, or investigate the adequacy, accuracy or completeness of any information provided by the Issuer; or
(ii) except as specifically required under this Deed, furnish any notices, information, reports or accounts to a Holder but may in its discretion do so.
(d) If any monitoring obligations of any kind are imposed on the Trustee under applicable law or by way of ASIC instrument in relation to this Deed or any Note (Obligations), any performance by the Trustee of those Obligations will, if permitted by law or by ASIC, be deferred for a period of 30 days, during which period:
(i) the Trustee may seek any further information or advice (including without limitation legal advice) before performing the Obligations;
(ii) the Issuer will assist the Trustee with any further information or advice requested by the Trustee under sub-paragraph 14.12(d)(i); and
(iii) the Trustee and the Issuer will negotiate and agree in writing upon the terms and conditions of the Trustee's performance of the Obligations (including in respect of additional new fees to be paid by the Issuer to the Trustee commensurate with the...
