Common use of No Obligation to Enquire Clause in Contracts

No Obligation to Enquire. No purchaser from, or other person dealing with, the Interim Security Agent or any Receiver (or their agents) shall be obliged or concerned to enquire whether: (a) the right of the Interim Security Agent or any Receiver to exercise any of the powers conferred by this Debenture has arisen or become exercisable or as to the propriety or validity of the exercise or purported exercise of any such powers; or (b) any of the Secured Obligations remain outstanding and/or are due and payable or be concerned with notice to the contrary and the title and position of such a purchaser or other person shall not be impeachable by reference to any of those matters.

Appears in 2 contracts

Sources: Debenture, Debenture

No Obligation to Enquire. No purchaser from, or other person dealing with, the Interim Security Agent or any Receiver (or their agents) shall be obliged or concerned to enquire whether: (a) 16.1.1 the right of the Interim Security Agent or any Receiver to exercise any of the powers conferred by this Debenture Deed has arisen or become exercisable or as to the propriety or validity of the exercise or purported exercise of any such powerspower; or (b) 16.1.2 any of the Secured Obligations remain outstanding and/or are due and payable or be concerned with notice to the contrary and the title and position of such a purchaser or other person shall not be impeachable by reference to any of those matters.

Appears in 2 contracts

Sources: Share Charge and Receivables Assignment Agreement, Share Charge and Receivables Assignment Agreement

No Obligation to Enquire. No purchaser from, or other person dealing with, the Interim Security Agent or any Receiver (or their agents) shall be obliged or concerned to enquire whether: (a) 16.1.1 the right of the Interim Security Agent or any Receiver to exercise any of the powers conferred by this Debenture has arisen or become exercisable or as to the propriety or validity of the exercise or purported exercise of any such powerspower; or (b) 16.1.2 any of the Secured Obligations remain outstanding and/or are due and payable or be concerned with notice to the contrary and the title and position of such a purchaser or other person shall not be impeachable by reference to any of those matters.

Appears in 2 contracts

Sources: Debenture, Debenture

No Obligation to Enquire. No purchaser from, or other person dealing with, the Interim Security Collateral Agent or any Receiver (or their agents) shall be obliged or concerned to enquire whether: (a) the right of the Interim Security Collateral Agent or any Receiver to exercise any of the powers conferred by this Debenture deed has arisen or become exercisable or as to the propriety or validity of the exercise or purported exercise of any such powerspower; or (b) any of the Secured Obligations remain Indebtedness remains outstanding and/or are due and payable or be concerned with notice to the contrary and the title and position of such a purchaser or other person shall not be impeachable by reference to any of those matters.

Appears in 2 contracts

Sources: 364 Day Credit Agreement (Aspen Insurance Holdings LTD), Credit Agreement (Aspen Insurance Holdings LTD)

No Obligation to Enquire. No purchaser from, or other person dealing with, the Interim Security Agent or any Receiver (or their agents) shall be obliged or concerned to enquire whether: (a) the right of the Interim Security Agent or any Receiver to exercise any of the powers conferred by this Debenture Deed has arisen or become exercisable or as to the propriety or validity of the exercise or purported exercise of any such powerspower; or (b) any of the Secured Obligations remain outstanding and/or are due and payable or be concerned with notice to the contrary and the title and position of such a purchaser or other person shall not be impeachable by reference to any of those matters.

Appears in 2 contracts

Sources: Deed of Charge, Share Charge and Receivables Assignment Agreement

No Obligation to Enquire. No purchaser from, or other person dealing with, the Interim Security Agent or any Receiver (or their agents) shall be obliged or concerned to enquire whether: (a) the right of the Interim Security Agent or any Receiver to exercise any of the powers conferred by this Debenture Deed has arisen or become exercisable or as to the propriety or validity of the exercise or purported exercise of any such powerspower; or (b) any of the Secured Obligations have become payable or remain outstanding and/or are due and payable or be concerned with notice as to the contrary application of any amount paid to the Security Agent or any Receiver, and the title and position of such a purchaser or other person shall not be impeachable by reference to any of those matters.

Appears in 1 contract

Sources: Credit Agreement (Appleton Papers Inc/Wi)

No Obligation to Enquire. No purchaser from, or other person dealing with, the Interim Security Agent or any Receiver (or their agents) shall be obliged or concerned to enquire whether: (a) the right of the Interim Security Agent or any Receiver to exercise any of the powers conferred by this Debenture has arisen or become exercisable or as to the propriety or validity of the exercise or purported exercise of any such powerspower; or (b) any of the Secured Obligations remain outstanding and/or are due and payable or be concerned with notice to the contrary and the title and position of such a purchaser or other person shall not be impeachable by reference to any of those matters.

Appears in 1 contract

Sources: Debenture

No Obligation to Enquire. No purchaser from, or other person dealing with, the Interim Security Agent or Agent, any Receiver or Delegate (or their agents) shall be obliged or concerned to enquire whether: (a) the right of the Interim Security Agent or Agent, any Receiver or Delegate to exercise any of the powers conferred by this Debenture has arisen or become exercisable or as to the propriety or validity of the exercise or purported exercise of any such powers; or (b) any of the Secured Obligations remain outstanding and/or are due and payable or be concerned with notice to the contrary and the title and position of such a purchaser or other person shall not be impeachable by reference to any of those matters.

Appears in 1 contract

Sources: Margin Loan Agreement (PW Medtech Group LTD)