Protection of Purchasers. No purchaser or other person dealing with the Security Trustee or any Receiver shall be bound to inquire whether the right of the Security Trustee or such Receiver to exercise any of its powers has arisen or become exercisable or be concerned with any propriety or regularity on the part of the Security Trustee or such Receiver in such dealings.
Appears in 6 contracts
Samples: Assignment and Assumption (Fleetcor Technologies Inc), Debenture (Edgen Murray PLC), Security Over Shares Agreement (Marconi Corp PLC)