Common use of Dealings by Third Parties Clause in Contracts

Dealings by Third Parties. (1) No Person dealing with the Collateral Agent, any of the Secured Creditors or an agent or receiver shall be required to determine (i) whether the Security Interest has become enforceable, (ii) whether the powers which such Person is purporting to exercise have become exercisable, (iii) whether any money remains due to the Collateral Agent or the Secured Creditors by the Obligor, (iv) the necessity or expediency of the stipulations and conditions subject to which any sale or lease is made, (v) the propriety or regularity of any sale or other dealing by the Collateral Agent or any Secured Creditor with the Collateral, or (vi) how any money paid to the Collateral Agent or the Secured Creditors has been applied.

Dealings by Third Parties. (1) No Person dealing with the Collateral Agent, any of the Secured Creditors Parties or an agent or receiver shall be is required to determine (i) whether the Security Interest has become enforceable, (ii) whether the powers which such Person is purporting to exercise have become exercisable, (iii) whether any money remains due to the Collateral Agent or the Secured Creditors Parties by the ObligorObligors, (iv) the necessity or expediency of the stipulations and conditions subject to which any sale or lease is made, (v) the propriety or regularity of any sale or other dealing by the Collateral Agent or any Secured Creditor Party with the Collateral, or (vi) how any money paid to the Collateral Agent or the Secured Creditors has Parties have been applied.

Dealings by Third Parties. (1) No Person dealing with the Collateral Agent, any of the Secured Creditors or an agent or receiver shall be is required to determine (i) whether the Security Interest has become enforceable, (ii) whether the powers which such Person is purporting to exercise have become exercisable, (iii) whether any money remains due to the Collateral Agent or the Secured Creditors by the Obligor, (iv) the necessity or expediency of the stipulations and conditions subject to which any sale or lease is made, (v) the propriety or regularity of any sale or other dealing by the Collateral Agent or any Secured Creditor with the Collateral, or (vi) how any money paid to the Collateral Agent or the Secured Creditors has been applied.

Dealings by Third Parties. (1a) No Person dealing with the Collateral Agent, any of the Secured Creditors Parties or an agent or receiver shall be thereof is required to determine (i) whether the Security Interest has become enforceable, (ii) whether the powers which such Person is purporting to exercise have become exercisable, (iii) whether any money remains due to the Collateral Agent or any of the Secured Creditors Parties by the ObligorCompany, (iv) the necessity or expediency of the stipulations and conditions subject to which any sale sale, lease or lease other disposition is made, (v) the propriety or regularity of any sale or other dealing by the Collateral Agent Agent, any Secured Parties or any Secured Creditor other Person with the Collateral, or (vi) how any money paid to the Collateral Agent Agent, any Secured Party or the Secured Creditors agent or receiver has been applied.

Dealings by Third Parties. (1) No Person dealing with the Collateral Agent, any of the Secured Creditors or an agent or receiver shall be required to determine (i) whether the Security Interest has become enforceable, (ii) whether the powers which such Person is purporting to exercise have become exercisable, (iii) whether any money remains due to the Collateral Agent or the Secured Creditors by the Obligor, (iv) the necessity or expediency of the stipulations and conditions subject to which any sale or lease is shall be made, (v) the propriety or regularity of any sale or other dealing by the Collateral Agent or any Secured Creditor with the Collateral, or (vi) how any money paid to the Collateral Agent or the Secured Creditors has been applied.

Dealings by Third Parties. (1) No Person dealing with the Collateral Agent, any of the Secured Creditors or an agent or receiver shall be is required to determine (i) whether the Security Interest has become enforceable, (ii) whether the powers which such Person is purporting to exercise have become exercisable, (iii) whether any money remains due to the Collateral Agent or the Secured Creditors by the any Obligor, (iv) the necessity or expediency of the stipulations and conditions subject to which any sale or lease is made, (v) the propriety or regularity of any sale or other dealing by the Collateral Agent or any Secured Creditor with the Collateral, or (vi) how any money paid to the Collateral Agent or the Secured Creditors has been applied.

Dealings by Third Parties. (1) No Person dealing with the Collateral Agent, any of the Secured Creditors or an agent or receiver shall be is required to determine (i) whether the Security Interest has become enforceable, (ii) whether the powers which such Person is purporting to exercise have become exercisable, (iii) whether any money remains due to the Collateral Agent or the Secured Creditors by any of the ObligorObligors, (iv) the necessity or expediency of the stipulations and conditions subject to which any sale or lease is made, (v) the propriety or regularity of any sale or other dealing by the Collateral Agent or any Secured Creditor with the Collateral, or (vi) how any money paid to the Collateral Agent or the Secured Creditors has been applied.

Dealings by Third Parties. (1a) No Person dealing with the Collateral Agent, any of the Secured Creditors or an agent or receiver shall be is required to determine (i) whether the Security Interest has become enforceable, (ii) whether the powers which such Person is purporting to exercise have become exercisable, (iii) whether any money remains due to the Collateral Agent or the Secured Creditors by the Obligorany Grantor, (iv) the necessity or expediency of the stipulations and conditions subject to which any sale or lease is made, (v) the propriety or regularity of any sale or other dealing by the Collateral Agent or any Secured Creditor with the Collateral, or (vi) how any money paid to the Collateral Agent or the Secured Creditors has been applied.

Dealings by Third Parties. (1) No Person dealing with the Collateral Agent, any of the Secured Creditors or an agent or receiver shall be a Receiver is required to determine determine: (i) whether the Security Interest Charge has become enforceable, ; (ii) whether the powers which such Person is purporting to exercise have become exercisable, ; (iii) whether any money remains due to the Collateral Agent or the Secured Creditors by the any Obligor, ; (iv) the necessity or expediency of the stipulations and conditions subject to which any sale or lease is shall be made, ; (v) the propriety or regularity of any sale or any other dealing by the Collateral Agent or any Secured Creditor with the Collateral, Charged Property; or (vi) how any money paid to the Collateral Agent or the Secured Creditors has been applied.

Dealings by Third Parties. (1) No Person dealing with the Collateral Agent, any of the Secured Creditors or an agent or receiver shall be is required to determine (ixvi) whether the Security Interest has become enforceable, (iixvii) whether the powers which such Person is purporting to exercise have become exercisable, (iiixviii) whether any money remains due to the Collateral Agent or the Secured Creditors by the Obligor, (ivxix) the necessity or expediency of the stipulations and conditions subject to which any sale or lease is made, (vxx) the propriety or regularity of any sale or other dealing by the Collateral Agent or any Secured Creditor with the Collateral, or (vixxi) how any money paid to the Collateral Agent or the Secured Creditors has been applied.

Dealings by Third Parties. (1) No Person dealing with the Collateral Agent, any of the other Secured Creditors Parties or an agent or receiver shall be is required to determine (i) whether the Security Interest has become enforceable, (ii) whether the powers which such Person is purporting to exercise have become exercisable, (iii) whether any money remains due to the Collateral Agent or the other Secured Creditors Parties by the Obligorany Grantor, (iv) the necessity or expediency of the stipulations and conditions subject to which any sale or lease is made, (v) the propriety or regularity of any sale or other dealing by the Collateral Agent or any other Secured Creditor Party with the Collateral, or (vi) how any money paid to the Collateral Agent or the other Secured Creditors Parties has been applied.