No obligation to monitor. Without prejudice to the obligations of the Guarantor LP under this ▇▇▇▇▇▇▇ ▇, ▇▇▇▇ of the Issuer, the Bond Trustee and any of the Secured Creditors shall be obliged to concern themselves as to the application of amounts drawn by the Guarantor LP under this Agreement.
Appears in 5 contracts
Sources: Intercompany Loan Agreement, Intercompany Loan Agreement (RBC Covered Bond Guarantor Limited Partnership), Intercompany Loan Agreement (Royal Bank of Canada)