Acceptance of title. The Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the right and title as the Borrower may have to the Cash Collateral and shall not be liable for or bound to require the Borrower to remedy any defect in its right or title.
Appears in 4 contracts
Samples: Restated Agreement (HCC Insurance Holdings Inc/De/), Restated Agreement (HCC Insurance Holdings Inc/De/), Restated Agreement (HCC Insurance Holdings Inc/De/)
Acceptance of title. The Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the right and title as each of the Borrower Obligors may have to any of the Cash Collateral Secured Property and shall not be liable for or bound to require the Borrower any Obligor to remedy any defect in its right or title.
Appears in 3 contracts
Samples: Export Finance Agreement (Votorantim Pulp & Paper Inc), Export Finance Agreement (Votorantim Pulp & Paper Inc), Export Finance Agreement (Votorantim Pulp & Paper Inc)
Acceptance of title. The Trustee shall be entitled to accept without enquiry, and shall not be obliged to investigate, the right and title as the Borrower may have to the Cash Collateral Charged Property and shall not be liable for or bound to require the Borrower to remedy any defect in its right or title.
Appears in 1 contract
Samples: HCC Insurance Holdings Inc/De/
