Common use of No Duty to Investigate Clause in Contracts

No Duty to Investigate. No Agent shall at any time, unless requested to do so by a Lender or Lenders, be under any duty to enquire whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note or any Security Document by any Security Party; and

Appears in 5 contracts

Samples: Loan Agreement (International Shipholding Corp), Facility Agreement (International Shipholding Corp), Account Pledge Agreement (International Shipholding Corp)

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No Duty to Investigate. No Agent shall at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note or any Security Document by any Security Party; and.

Appears in 5 contracts

Samples: Restatement of Loan Agreement (Gulfmark Offshore Inc), Secured Credit Facility Agreement (Teekay Shipping Corp), Consent and Agreement (Omi Corp/M I)

No Duty to Investigate. No The Agent shall not at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note or any Security Financing Document by any Security Party; and.

Appears in 4 contracts

Samples: Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp), Term Loan and Revolving Credit Facility Agreement (Marine Transport Corp)

No Duty to Investigate. No Agent shall at any time, unless requested to do so by a Lender or Lenders, be under any duty to enquire whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note or any Security Document by any Security Party; and;

Appears in 4 contracts

Samples: Agreement (International Shipholding Corp), Senior Secured Loan Facility Agreement (International Shipholding Corp), Senior Secured Loan Facility Agreement (International Shipholding Corp)

No Duty to Investigate. No The Agent shall not at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note Agreement or any of the Security Document Documents by any Security Party; andthe Borrowers or the Guarantor.

Appears in 3 contracts

Samples: Agreement (Teekay Shipping Corp), Credit Facility Agreement (Reading & Bates Corp), Consent and Agreement (Teekay Shipping Corp)

No Duty to Investigate. No Agent shall at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which which, with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Credit Facility Agreement, the Note or any Security Document by any Security Party; and.

Appears in 3 contracts

Samples: Senior Secured Term Credit Facility Agreement (Top Ships Inc.), Credit Facility Agreement (Top Tankers Inc.), Credit Facility Agreement (Top Tankers Inc.)

No Duty to Investigate. No The Agent shall not at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, Agreement and the Note or any Security Document by any Security Party; andthe Borrower.

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (Seacor Smit Inc), Credit Facility Agreement (Seacor Smit Inc)

No Duty to Investigate. No Agent shall at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note Note, the Guaranty or any Security Document by any Security Party; and.

Appears in 2 contracts

Samples: Credit Agreement (Chiles Offshore LLC), Credit Agreement (Chiles Magellan LLC)

No Duty to Investigate. No Agent shall at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, Agreement and the Note or any Security Document Notes by any Security Party; andthe Borrower.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Seacor Holdings Inc /New/), Assignment and Assumption Agreement (Seacor Holdings Inc /New/)

No Duty to Investigate. No Agent shall at any time, unless requested to do so by a Lender or Lenders, be under any duty to enquire whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the 49 performance of this Agreement, the Note or any Security Document by any Security Party; and

Appears in 1 contract

Samples: Credit Agreement (International Shipholding Corp)

No Duty to Investigate. No Agent shall at any time, unless requested to do so by a Lender or Lenders, be under any duty to enquire whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note or any Security Transaction Document by any Security Party; and

Appears in 1 contract

Samples: Credit Agreement (International Shipholding Corp)

No Duty to Investigate. No The Administrative Agent shall not at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note Agreement or any of the Security Document Documents by any Security Party; andthe Borrowers or the Guarantor.

Appears in 1 contract

Samples: Agreement (Teekay Shipping Corp)

No Duty to Investigate. No Agent shall at any time, unless requested to do so by a Lender or Lenders, be under any duty to enquire whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note or any Security other Transaction Document by any Security Party; and

Appears in 1 contract

Samples: Agreement (International Shipholding Corp)

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No Duty to Investigate. No Agent shall at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note or any Security Loan Document by any Security Party; and.

Appears in 1 contract

Samples: Credit Agreement (Chiles Offshore Inc/New/)

No Duty to Investigate. No The Agent shall not at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note or any Security Document by any Security Party; and.

Appears in 1 contract

Samples: Credit Agreement (NRG Generating U S Inc)

No Duty to Investigate. No no Agent shall at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which which, with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note Notes or any Security Document by any Security Party; and.

Appears in 1 contract

Samples: Pledge Agreement (Stolt Nielsen S A)

No Duty to Investigate. No Agent shall at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which which, with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note or any Security Transaction Document by any Security Party; and.

Appears in 1 contract

Samples: Senior Secured Term Credit Facility Agreement (Top Ships Inc.)

No Duty to Investigate. No The Agent shall not at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note Agreement or any of the Security Document Documents by any Security Party; andthe Borrower.

Appears in 1 contract

Samples: Term Loan and Credit Facility Agreement (Noble Corp / Switzerland)

No Duty to Investigate. No Agent shall at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which which, with the giving of notice or lapse passage of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Loan Agreement, the Note or any Security Document by any Security Party; and.

Appears in 1 contract

Samples: Loan Agreement (B Plus H Ocean Carriers LTD)

No Duty to Investigate. No The Agent shall not at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note Loan Agreements or any of the Security Document Documents by any Security Party; andthe Obligors or the Guarantor.

Appears in 1 contract

Samples: Reimbursement Agreement (Teekay Shipping Corp)

No Duty to Investigate. No The Agent shall not at any time, unless requested to do so by a Lender or Lenders, time be under any duty to enquire investigate whether an Event of Default, or an event which with the giving of notice or lapse of time, or both, would constitute an Event of Default, has occurred or to investigate the performance of this Agreement, the Note Loan Agreement or any of the Security Document Documents by any Security Party; andthe Obligors or the Guarantor.

Appears in 1 contract

Samples: Deposit Agreement (Teekay Shipping Corp)

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