Common use of No liability as mortgagee in possession Clause in Contracts

No liability as mortgagee in possession. Neither the Lender nor any Receiver or Delegate shall be liable, by reason of entering into possession of any Charged Property, to account as mortgagee in possession for any loss on realisation of for any default or omission for which a mortgagee in possession might be liable.

Appears in 2 contracts

Sources: Supplemental Security Agreement (Freeline Therapeutics Holdings PLC), Security Agreement (Freeline Therapeutics Holdings PLC)

No liability as mortgagee in possession. Neither the Lender Mortgagee nor any Receiver or Delegate shall will be liable, by reason of entering into possession of any Charged PropertyCollateral, to account as mortgagee in possession or for any loss on realisation of or for any default or omission for which a mortgagee in possession might be liable, except to the extent resulting from any deliberate misconduct or deliberate default of the Mortgagee or any Receiver.

Appears in 2 contracts

Sources: Equitable Share Mortgage (Sohu.com LTD), Equitable Share Mortgage (Sohu.com LTD)

No liability as mortgagee in possession. Neither the Lender nor any Receiver or Delegate shall will be liable, by reason of entering into possession of any a Charged PropertyAsset, to account as mortgagee in possession or for any loss on realisation of or for any default or omission for which a mortgagee in possession might be liable.

Appears in 1 contract

Sources: Security Agreement

No liability as mortgagee in possession. Neither the Lender nor any Receiver or Delegate shall be liable, by reason of entering into possession of a Secured Asset or for any Charged Propertyother reason, to account as mortgagee in possession in respect of all or any of the Secured Assets, nor shall any of them be liable for any loss on realisation of of, or for any act, default or omission for which a mortgagee in possession might be liable.

Appears in 1 contract

Sources: Debenture (SmartKem, Inc.)

No liability as mortgagee in possession. Neither the Lender nor any Receiver or Delegate nor any Administrator shall be liable, by reason of entering into possession of any Charged Property, liable to account as mortgagee in possession in respect of all or any of the Charged Property nor shall any of them be liable for any loss on upon realisation of of, or for any neglect or default of any nature whatsoever in connection with, all or omission any of the Charged Property for which a mortgagee in possession might as such be liable.

Appears in 1 contract

Sources: Debenture (Advance Nanotech, Inc.)

No liability as mortgagee in possession. Neither the Lender Chargee nor any Receiver or Delegate shall will be liable, by reason of entering into possession of any Charged Propertya Security Asset, to account as mortgagee in possession or for any loss on realisation of or for any default or omission for which a mortgagee in possession might be liable.

Appears in 1 contract

Sources: Security Agreement (Yingli Green Energy Holding Co LTD)

No liability as mortgagee in possession. Neither the Lender NWPTL nor any Receiver or Delegate shall be liable, by reason of entering into possession of any Charged Propertya Security Asset, to account as mortgagee in possession or for any loss on realisation of or for any default or omission for which a mortgagee in possession might be liable.

Appears in 1 contract

Sources: Security Agreement (NatWest Group PLC)