Common use of No Responsibility Concerning Collateral Agreement Clause in Contracts

No Responsibility Concerning Collateral Agreement. Pledgor and Secured Party hereby agree that, notwithstanding references to the Collateral Agreement in this Agreement, Securities Intermediary has no interest in, and no duty, responsibility or obligation with respect to, the Collateral Agreement (including without limitation, no duty, responsibility or obligation to monitor Pledgor’s or Secured Party’s compliance with the Collateral Agreement or to know the terms of the Collateral Agreement).

Appears in 6 contracts

Samples: Derivative Agreement, Isda Master Agreement (Olden Lane Trust C/O Olden Lane Securities LLC), Isda Master Agreement (Equinox Trust)

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No Responsibility Concerning Collateral Agreement. Pledgor Obligor and Secured Party hereby agree that, notwithstanding references to the Collateral Agreement in this Agreement, Securities Intermediary has no interest in, and no duty, responsibility or obligation with respect to, the Collateral Agreement (including including, without limitation, no duty, responsibility or obligation to monitor PledgorObligor’s or Secured Party’s compliance with the Collateral Agreement or to know the terms of the Collateral Agreement).

Appears in 3 contracts

Samples: Derivative Agreement, Isda Master Agreement (Olden Lane Trust C/O Olden Lane Securities LLC), Isda Master Agreement (Equinox Trust)

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No Responsibility Concerning Collateral Agreement. Pledgor and Secured Party hereby agree that, notwithstanding references to the Credit Agreement and the Collateral Agreement in this Agreement, . Securities Intermediary has no interest in, and no duty, . responsibility or obligation with respect to, the Credit Agreement or the Collateral Agreement (including without limitation, no duty, responsibility or obligation to monitor Pledgor’s or Secured Party’s compliance with the Credit Agreement or the Collateral Agreement or to know the terms of the Credit Agreement or the Collateral Agreement).

Appears in 1 contract

Samples: Collateral Account Control Agreement (Guggenheim Taxable Municipal Managed Duration Trust)

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