Common use of Purchaser Protected Clause in Contracts

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority of the Trustee to direct the Collateral Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted to be sold by the Collateral Documents, be under obligation to ascertain or inquire into the authority of the Company, any Subsidiary Guarantor or any Domestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority of the Trustee Holders to direct the Collateral Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted to be sold by the Collateral Documentsthis Article IV, be under obligation to ascertain or inquire into the authority of the Company, any Subsidiary Guarantor Company or any Domestic Restricted Subsidiarythe Guarantors, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser or other transferee in good faith or other transferee of any property or asset purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority of the Trustee to direct the Notes Collateral Agent or the Trustee to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property property, asset or rights permitted by this Article 12 to be sold by the Collateral Documents, be under any obligation to ascertain or inquire into the authority of the Company, any Subsidiary Company or the applicable Guarantor or any Domestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property Collateral purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority (if any) of the Trustee to direct the Collateral Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights Collateral permitted to be sold sold, disposed of or transferred by the Collateral Documentsthis Article Ten, be under obligation to ascertain or inquire into the authority of the Company, any Subsidiary Guarantor Company or any Domestic Restricted SubsidiaryGuarantor, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser or other transferee in good faith or other transferee of any property or asset purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority of a Notes Collateral Agent or the Trustee to direct the Collateral Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property property, asset or rights permitted by this Article Fourteen to be sold by the Collateral Documents, be under any obligation to ascertain or inquire into the authority of the Company, any Subsidiary the Co-Issuer or the applicable Guarantor or any Domestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority of the Notes Collateral Agent or the Trustee to execute (or to direct the Collateral Agent Trustee to execute execute) the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted by this Article Fourteen to be sold by the Collateral Documents, be under any obligation to ascertain or inquire into the authority of the Company, any Subsidiary Issuers or the applicable Guarantor or any Domestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser or other transferee in good faith or other transferee of any property or asset purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority of the Trustee to direct the Notes Collateral Agent or the Trustee to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; , nor shall any purchaser or other transferee of any property property, asset or rights permitted by this ARTICLE 17 to be sold by the Collateral Documents, be under any obligation to ascertain or inquire into the authority of the Company, any Company or the applicable Subsidiary Guarantor or any Domestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority of the Trustee to direct the Collateral Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted to be sold by the Collateral Documentsthis Article Twelve, be under obligation to ascertain or inquire into the authority of the Company, any Subsidiary Guarantor Company or any Domestic Restricted SubsidiaryGuarantor, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser or other transferee in good faith or other transferee of any property or asset purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority of a Notes Collateral Agent or the Trustee to direct the Collateral Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property property, asset or rights permitted by this Article 12 to be sold by the Collateral Documents, be under any obligation to ascertain or inquire into the authority of the Company, any Subsidiary Company or the applicable Guarantor or any Domestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority of the Trustee to direct the Collateral Junior Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted to be sold by the Collateral Documentsthis Article Eleven, be under obligation to ascertain or inquire into the authority of the Company, any Subsidiary Guarantor Company or any Domestic Restricted SubsidiaryGuarantor, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority of the Trustee to direct the Collateral Agent or the Trustee to execute the release or to inquire as to the satisfaction satisfac- tion of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted by this Article 12 to be sold by the Collateral Documents, be under any obligation to ascertain or inquire into the authority au- thority of the Company, any Subsidiary Company or the applicable Guarantor or any Domestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser or other transferee in good faith or other transferee of any property or assets purported to be released hereunder or under the Collateral Documents to constitute “Excluded Assets” be bound to ascertain the authority of the Trustee to direct the Collateral Agent or the Trustee to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted to be sold by the Collateral Documents, assets be under any obligation to ascertain or inquire into the authority of the Company, any Subsidiary Company or the applicable Guarantor or any Domestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser or other transferee in good faith or other transferee of any property or asset purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority of a Notes Collateral Agent or the Trustee to direct the Collateral Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property property, asset or rights permitted by this Article Fourteen to be sold by the Collateral Documents, be under any obligation to ascertain or inquire into the authority of the Company, any Subsidiary Company or the applicable Guarantor or any Domestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported to be released hereunder or under any of the Collateral Security Documents be bound to ascertain the authority of the Trustee to direct or the Collateral Agent Agent, as the case may be, to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted by this Article 10 to be sold by the Collateral Documents, be under obligation to ascertain or inquire into the authority of the Company, any Subsidiary Guarantor or any Domestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported pur- ported to be released hereunder or under the Collateral Documents be bound to ascertain the authority of the Trustee to direct the Notes Collateral Agent or the Trustee to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise ex- ercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted by this Article 11 to be sold by the Collateral Documents, be under any obligation to ascertain or inquire into the authority of the Company, any Subsidiary Company or the applicable Guarantor or any Domestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported to be released hereunder or under any of the Collateral Security Documents be bound to ascertain the authority of the Trustee to direct or the Collateral Agent Agent, as the case may be, to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted by this Article Ten to be sold by the Collateral Documents, be under obligation to ascertain or inquire into the authority of the Company, any Subsidiary Guarantor or any Domestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property Collateral purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority (if any) of the Trustee to direct the Collateral Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights Collateral permitted to be sold sold, disposed of or transferred by the Collateral Documentsthis Article 10, be under obligation to ascertain or inquire into the authority of the Company, any Subsidiary Guarantor Issuer or any Domestic Restricted SubsidiaryGuarantor, as applicable, to make any such sale or other transfer. For the avoidance of doubt, nothing in this Section 11.05 releases any Obligor from any liability or obligations pursuant to this Indenture.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported to be released hereunder or under any of the Collateral Security Documents be bound to ascertain the authority of the Trustee to direct or the Notes Collateral Agent Agent, as the case may be, to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted by this Article Ten to be sold by the Collateral Documents, be under obligation to ascertain or inquire into the authority of the Company, any Subsidiary Guarantor or any Domestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority of the Trustee to direct the Collateral Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted to be sold by the Collateral Documentsthis Article Eleven, be under obligation to ascertain or inquire into the authority of the Company, any Subsidiary Guarantor Company or any Domestic Restricted SubsidiaryGuarantor, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property Collateral purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority (if any) of the Trustee to direct the Collateral Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights Collateral permitted to be sold sold, disposed of or transferred by the Collateral Documentsthis Article 11, be under obligation to ascertain or inquire into the authority of the Company, any Subsidiary Guarantor Issuer or any Domestic Restricted SubsidiaryGuarantor, as applicable, to make any such sale or other transfer. For the avoidance of doubt, nothing in this Section 11.05 releases any Obligor from any liability or obligations pursuant to this Indenture.