Protection of Third Parties. No person (including a purchaser) dealing with the Agent or a Receiver or its or his agents will be concerned to enquire:
(a) whether the Secured Liabilities have become payable;
(b) whether any power which the Agent or a Receiver is purporting to exercise has become exercisable or is being properly exercised;
(c) whether any money remains due under the Finance Documents; or
(d) how any money paid to the Agent or to that Receiver is to be applied.
Protection of Third Parties. Any person dealing with the Lender or any Receiver under this Agreement or the Collateral Documents can assume the Lender or such Receiver is acting properly and will be not be affected by notice that any such transaction or dealing is unnecessary or improper.
Protection of Third Parties. No purchaser, mortgagee or other person or company dealing with the Security Trustee or the Receiver or its or his agents shall be concerned to enquire whether the Secured Liabilities have become payable or whether any power which the Receiver is purporting to exercise has become exercisable or whether any money remains due under the Finance Documents or to see to the application of any money paid to the Security Trustee or to such Receiver.
Protection of Third Parties. No purchaser, mortgagee or other person dealing with the Administrative Agent or the Receiver or its or his agents shall be concerned to enquire whether the Secured Obligations have become due and payable or whether any power which the Administrative Agent or Receiver is purporting to exercise has become exercisable or whether any of the Secured Obligations remains outstanding or to see to the application of any money paid to the Administrative Agent or to such Receiver.
Protection of Third Parties. 12.1 No purchaser from, or other person dealing with, the Note Trustee and/or any Receiver shall be concerned to enquire whether any of the powers which they have exercised or purported to exercise has arisen or become exercisable, or whether the Secured Amounts remain outstanding or whether any event has occurred to authorise the Receiver to act or as to the propriety or validity of the exercise or purported exercise of any such powers and the title of such a purchaser and the position of such a person shall not be impeachable by reference to any of those matters.
12.2 The receipt of the Note Trustee or the Receiver shall be an absolute and a conclusive discharge to a purchaser or other such person as is referred to in Clause 12.1 and shall relieve such purchaser or other person of any obligation to see to the application of any monies paid to or by the direction of the Note Trustee or the Receiver.
12.3 In Clauses 12.1 and 12.2 "PURCHASER" means any person acquiring in good faith, for money or money's worth, any Security Interest over, or any other interest or right whatsoever in relation to, the Charged Property.
Protection of Third Parties. No person (including a purchaser) dealing with the Funding 1 Security Trustee or any Receiver or its or his agents will be concerned to enquire:
(a) whether the Funding 1 Secured Obligations remain outstanding or have become payable;
(b) whether any power which the Funding 1 Security Trustee or that Receiver is purporting to exercise has become exercisable or is being properly exercised; or
(c) how any money paid to the Funding 1 Security Trustee or to that Receiver is to be applied, and the protections afforded to purchasers from a mortgagee by Sections 104 and 107 of the 1925 Act and Sections 21 and 22 of the 1881 Act and to persons dealing with an administrative receiver by Section 42(3) of the Insolvency Xxx 0000 will apply.
Protection of Third Parties. Protection of Security Trustee and Receiver................................................... 23 12.
Protection of Third Parties. No person dealing with SEOCH, any Delegate or SEOCH's nominee shall be concerned to inquire whether any event has happened upon which any of the Rights conferred under or in connection with this deed are or may be exercisable, whether any consents, regulations, restrictions or directions relating to such Rights have been obtained or complied with or otherwise as to the propriety or regularity of acts purporting or intended to be in exercise of any such Rights or as to the application of any money borrowed or raised or other proceeds of enforcement.
Protection of Third Parties. 13.1 The statutory powers of sale and of appointing a receiver which are conferred upon the Bank as varied and extended by this Deed of Charge and all other powers shall in favour of any purchaser be deemed to arise and be exercisable immediately after the execution of this Deed of Charge.
13.2 No purchaser from, or other person dealing with, the Bank and/or the Receiver shall be concerned to enquire whether any of the powers which they have exercised or purported to exercise has arisen or become exercisable, or whether the Secured Obligations remain outstanding or whether any event has happened to authorise the Receiver to act or as to the propriety or validity of the exercise or purported exercise of any such power; and the title and position of a purchaser or such person shall not be impeachable by reference to any of those matters and all the protections for purchasers contained in the Conveyancing Act shall apply to any person purchasing from or dealing with a Receiver or the Bank.
13.3 The receipt of the Bank or the Receiver shall be an absolute and conclusive discharge to a purchaser or such person and shall relieve him of any obligation to see to the application of any moneys paid to or by the direction of the Bank or the Receiver.
Protection of Third Parties. No person (including a purchaser) dealing with the Master Issuer Security Trustee or any Receiver or its or his agents will be concerned to enquire:
(a) whether the Master Issuer Secured Liabilities remain outstanding or have become payable;
(b) whether any power which the Master Issuer Security Trustee or that Receiver is purporting to exercise has become exercisable or is being properly exercised; or
(c) how any money paid to the Master Issuer Security Trustee or to that Receiver is to be applied, and the protections afforded to purchasers from a mortgagee by Section 104 and 107 of the 1925 Act and to persons dealing with an administrative receiver by Section 42(3) of the Insolvency Act 1986 will apply.
