Protection of Purchaser. No purchaser or other person dealing with the Collateral Agent or any Receiver or with its or his attorneys shall be concerned to enquire (a) whether any power exercised or purported to be exercised by it, him or them has become exercisable, (b) whether any money remains due on the security hereby created, (c) as to the propriety and regularity of any of its, his or their actions or (d) as to the application of any money paid to him, it or them. In the absence of mala fides on the part of such purchaser or other person, such dealings shall be deemed so far as regards the safety and protection of such purchaser or other person to be within the powers hereby conferred and to be valid accordingly.
Protection of Purchaser. (i) No purchaser or other person dealing with the Secured Party or with its attorney or agent shall be concerned to enquire (1) whether any power exercised or purported to be exercised by the Secured Party has become exercisable, (2) whether any Obligation remains due, (3) as to the propriety or regularity of any of the actions of the Secured Party or (4) as to the application of any money paid to the Secured Party.
Protection of Purchaser. Section 5.1 UCC-1
Protection of Purchaser. No purchaser in good faith of property purporting to be released hereunder shall be bound to ascertain the authority of Indenture Trustee to execute the release, or to inquire as to any facts required by the provisions hereof for the exercise of such authority; nor shall any purchaser in good faith of any Unit be under an obligation to ascertain or inquire into the conditions upon which any such sale is hereby authorized.
Protection of Purchaser. No purchaser or other person dealing with the Bank or with its attorneys or agents shall be concerned to enquire:-
Protection of Purchaser. 6 ARTICLE III
Protection of Purchaser. No purchaser, mortgagee or other person dealing with the Security Trustee or any Receiver will be bound to inquire whether the right of the Security Trustee or such Receiver to exercise any of its powers has arisen or become exercisable or be concerned with any propriety or regularity on the part of the Security Trustee or such Receiver in such dealings.
Protection of Purchaser. 13 15. DELEGATION..............................................................14 16. INDEMNITY...............................................................14
Protection of Purchaser. No person (including a purchaser) dealing with the Security Trustee or a Receiver or its agents will be concerned to enquire:
Protection of Purchaser. No person (including a purchaser) dealing with the Pledgee or its assignee or its agents will be concerned to enquire:
