Common use of No monitoring Clause in Contracts

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.

Appears in 10 contracts

Samples: Senior Secured Credit Facility (Liberty Global PLC), Facility Agreement (Liberty Global, Inc.), Credit Agreement (Unitedglobalcom Inc)

AutoNDA by SimpleDocs

No monitoring. Without affecting the obligations of the Borrowers any Borrower in any way, no Finance Party is bound to monitor or verify the application of the proceeds of any Advance.

Appears in 8 contracts

Samples: Facility Agreement (Vodafone Group Public LTD Co), 5 Year Facility Agreement (Vodafone Group Public LTD Co), Facility Agreement (Vodafone Group Public LTD Co)

AutoNDA by SimpleDocs

No monitoring. Without affecting the obligations of the Borrowers any Borrower in any way, no Finance Party is bound to monitor or verify the application of the proceeds of any Advance.. Back to Index

Appears in 1 contract

Samples: 364 Day Facility Agreement (Vodafone Group Public LTD Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!