Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder be bound to ascertain the authority of the First Lien Collateral Agent or the First Lien 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 by this Article XIII to be sold be under any obligation to ascertain or inquire into the authority of the applicable Issuers or Guarantors to make any such sale or other transfer.
Appears in 4 contracts
Sources: Indenture (Mallinckrodt PLC), Indenture (Mallinckrodt PLC), Indenture (Mallinckrodt PLC)
Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder be bound to ascertain the authority of the First Second Lien Collateral Agent or the First Second Lien 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 by this Article XIII to be sold be under any obligation to ascertain or inquire into the authority of the applicable Issuers or Guarantors to make any such sale or other transfer.
Appears in 3 contracts
Sources: Indenture (Mallinckrodt PLC), Indenture (Mallinckrodt PLC), Indenture (Mallinckrodt PLC)
Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder be bound to ascertain the authority of the First Lien Notes Collateral Agent or the First Lien Trustee to execute the applicable 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 XIII XII to be sold be under any obligation to ascertain or inquire into the authority of the Company or the applicable Issuers or Guarantors Subsidiary Guarantor to make any such sale or other transfer.
Appears in 2 contracts
Sources: Indenture (E.W. SCRIPPS Co), Indenture (E.W. SCRIPPS Co)
Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder be bound to ascertain the authority of the First Lien Notes Collateral Agent or the First Lien Trustee to execute the applicable 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 XIII 12 to be sold be under any obligation to ascertain or inquire into the authority of the Company or the applicable Issuers or Guarantors Subsidiary Guarantor to make any such sale or other transfer.
Appears in 2 contracts
Sources: Indenture (Qnity Electronics, Inc.), Indenture (NCR Atleos, LLC)
Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder be bound to ascertain the authority of the First Lien Notes Collateral Agent or the First Lien Trustee to execute the applicable 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 XIII Thirteen to be sold be under any obligation to ascertain or inquire into the authority of the Issuer or the applicable Issuers or Guarantors Guarantor to make any such sale or other transfer.
Appears in 2 contracts
Sources: Indenture (Manitowoc Co Inc), Indenture (Manitowoc Co Inc)
Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder be bound to ascertain the authority of the First Lien Notes Collateral Agent or the First Lien 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 by this Article XIII 12 to be sold be under any obligation to ascertain or inquire into the authority of the Issuer or the applicable Issuers or Guarantors Notes Guarantor to make any such sale or other transfer.
Appears in 1 contract
Sources: Indenture (Sotera Health Co)
Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder be bound to ascertain the authority of the First Lien Notes Collateral Agent or the First Lien 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 by this Article XIII ARTICLE XII to be sold be under any obligation to ascertain or inquire into the authority of the Issuer or the applicable Issuers or Guarantors Guarantor to make any such sale or other transfer.
Appears in 1 contract
Sources: Indenture (iHeartMedia, Inc.)
Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder be bound to ascertain the authority of the First Lien Collateral Agent or the First Lien 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 XIII 12 to be sold be under any obligation to ascertain or inquire into the authority au- thority of the Company or the applicable Issuers or Guarantors Guarantor to make any such sale or other transfer.
Appears in 1 contract
Sources: Indenture (Adient PLC)
Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder be bound to ascertain the authority of the First Lien Collateral Agent Trustee or the First Lien Trustee Collateral Agent, as applicable, 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 XIII X to be sold be under any obligation to ascertain or inquire into the authority of the applicable Issuers Issuer or Guarantors any Guarantor, as applicable, to make any such sale or other transfer.
Appears in 1 contract
Sources: Indenture (Umt Holdings Lp)
Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder be bound to ascertain the authority of the First Parity Junior Lien Collateral Agent or the First Lien 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 by this Article XIII 10 to be sold be under any obligation to ascertain or inquire into the authority of the applicable Issuers or Guarantors the applicable Guarantor to make any such sale or other transfer.
Appears in 1 contract
Sources: Indenture (Neff Finance Corp.)
Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder or under any Security Document be bound to ascertain the authority of the First Lien Collateral Agent or the First Lien Trustee to execute the applicable 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 XIII 12 to be sold be under any obligation to ascertain or inquire into the authority of the Company or the applicable Issuers or Guarantors Guarantor to make any such sale or other transfer.
Appears in 1 contract
Sources: Supplemental Indenture (Graphic Packaging International, LLC)