Common use of Persons Dealing with Lender Clause in Contracts

Persons Dealing with Lender. 9.6 No Person dealing with the Lender or any of its agents shall be required to enquire whether an Event of Default has occurred, or whether the powers which the Lender is purporting to exercise have become exercisable, or whether any moneys remain due under this Agreement, or to see to the application of any moneys paid to the Lender, and in the absence of fraud on the part of such Person, such dealing shall be deemed to be within the powers hereby conferred and to be valid and effective accordingly.

Appears in 2 contracts

Samples: Credit Agreement (Alio Gold Inc.), Credit Agreement (Renaissance Oil Corp.)

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Persons Dealing with Lender. 9.6 No Person dealing with the Lender or any of its agents shall be required to enquire whether an Event of Default has occurred, or whether the powers which the Lender is purporting to exercise have become exercisable, or whether any moneys remain due under this Agreement, or to see to the application of any moneys paid to the Lender, and in the absence of fraud on the part of such Person, such dealing shall be deemed to be within the powers hereby conferred and to be valid and effective accordingly.. Lender Appointed Attorney

Appears in 2 contracts

Samples: Credit Agreement (Hycroft Mining Holding Corp), Credit Agreement (Mudrick Capital Acquisition Corp)

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Persons Dealing with Lender. 9.6 8.6 No Person dealing with the Lender or any of its agents shall be required to enquire whether an Event of Default has occurred, or whether the powers which the Lender is purporting to exercise have become exercisable, or whether any moneys remain due under this Agreement, or to see to the application of any moneys paid to the Lender, and in the absence of fraud on the part of such Person, such dealing shall be deemed to be within the powers hereby conferred and to be valid and effective accordingly.

Appears in 2 contracts

Samples: Credit Agreement (Resource Capital Fund VI L.P.), Credit Agreement (Canadian Zinc Corp)

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