Common use of No obligation to monitor Clause in Contracts

No obligation to monitor. No Finance Party is bound to monitor or verify the utilisation of a Facility.

Appears in 38 contracts

Samples: Facility Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc), Credit Agreement (MGM Resorts International)

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No obligation to monitor. No Finance Party is bound to monitor or verify the utilisation of a FacilityFacility and no Finance Party will be responsible for, or for the consequences of, such utilisation.

Appears in 8 contracts

Samples: Agreement (Viasystems Inc), Amendment and Restatement Agreement (Smurfit Kappa Funding PLC), Agreement (Kabel Deutschland Vertrieb Und Service GmbH & Co. KG)

No obligation to monitor. No Finance Party is bound to monitor or verify the utilisation of a Facilitythe Facilities.

Appears in 4 contracts

Samples: Loan Facilities Agreement, Agreement (Smith & Nephew PLC), Chartered Semiconductor Manufacturing LTD

No obligation to monitor. No Finance Party is bound to monitor or verify the application of a Loan or be responsible for, or for the consequences of, the utilisation of a Facility.

Appears in 3 contracts

Samples: Bridge Facilities Agreement (Bayer Aktiengesellschaft), Agreement (Bayer Aktiengesellschaft), Syndicated Facilities Agreement (Bayer Aktiengesellschaft)

No obligation to monitor. No Finance Party is bound to monitor or verify the use of proceeds of utilisation of a the Facility.

Appears in 1 contract

Samples: Facility Agreement (Aquaventure Holdings LLC)

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No obligation to monitor. No Finance Party is bound has any obligation to monitor or verify the utilisation utilization of a the Facility.

Appears in 1 contract

Samples: Credit Agreement (Warp Technology Holdings Inc)

No obligation to monitor. No Finance Party is bound to monitor or verify the application of a Loan or be responsible for, or for the consequences of, the utilisation of a the Facility.

Appears in 1 contract

Samples: Agreement (Bayer Aktiengesellschaft)

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