Common use of No Monitoring Obligation Clause in Contracts

No Monitoring Obligation. The Administrative Agent shall not be obligated to monitor or verify the use of proceeds of the Term Loans or the Revolving Loans.

Appears in 7 contracts

Samples: Loan Agreement (Macquarie Infrastructure CO LLC), Loan Agreement (Macquarie Infrastructure CO LLC), Loan Agreement (Macquarie Infrastructure CO Trust)

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No Monitoring Obligation. The Administrative Agent shall not be obligated to monitor or verify the use of proceeds of the Term Loans or the Revolving Loans.

Appears in 2 contracts

Samples: Loan Agreement (Macquarie Infrastructure CO LLC), Loan Agreement (Macquarie Infrastructure CO LLC)

No Monitoring Obligation. The Administrative Agent shall not be obligated to monitor or verify the use of proceeds of the Term Loans, the Capital Expenditure Loans or the Revolving Loans.

Appears in 1 contract

Samples: Loan Agreement (Macquarie Infrastructure CO LLC)

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No Monitoring Obligation. The Administrative Agent shall not be obligated to monitor or verify the use of proceeds of any of the Term Loans or the Revolving Loans.

Appears in 1 contract

Samples: Loan Agreement (Macquarie Infrastructure CO LLC)

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