Protection for Third Parties. No person (including a purchaser) dealing with the Agent, any Receiver or any of their respective agents will be concerned to enquire:
(a) whether the Secured Obligations have become payable; or
(b) whether any power which the Agent or any Receiver is purporting to exercise has become exercisable; or
(c) whether any money remains due under the Finance Documents; or
(d) how any money paid to the Agent or any Receiver is to be applied. In the absence of bad faith on the part of such purchaser or other person, such dealings shall be deemed, so far as regards the safety and protection of such purchaser or other person, to be within the powers conferred by this Debenture and to be valid accordingly. The remedy of the Chargor in respect of any impropriety or irregularity in the exercise of such power shall be in damages only.
Protection for Third Parties. No third party dealing with the Security Trustee or its or his agents shall, whether before, on or after any contract, disposition or assurance in relation to any of the Investments in such third party's favour be concerned to enquire whether any of the Secured Obligations have become payable or whether any power which the Security Trustee purports to exercise has become exercisable or whether any of the Secured Obligations remain undischarged or to see to the application of any money paid to the Security Trustee.
Protection for Third Parties. No person (including a purchaser) dealing with the Collateral Agent, any Receiver or any of their respective agents or nominees will be concerned to enquire:
Protection for Third Parties. No third party dealing with the Security Trustee or any Receiver or its or his agents shall, whether before, on or after any contract, disposition or assurance in relation to any Charged Rights in such third party's favour be concerned to enquire whether the Secured Obligations have become payable or whether any power which the Security Trustee or any Receiver purports to exercise has become exercisable or whether any of the Secured Obligations remain undischarged or to see to the application of any money paid to the Security Trustee or any Receiver, nor shall any such third party lending any money to a Receiver be concerned to enquire as to the propriety or purpose of the exercise of such power, or as to the application of any money so borrowed.
Protection for Third Parties
