Common use of Protection of Third Parties Clause in Contracts

Protection of Third Parties. No person dealing with SEOCH, any Delegate or SEOCH's nominee shall be concerned to inquire whether any event has happened upon which any of the Rights conferred under or in connection with this deed are or may be exercisable, whether any consents, regulations, restrictions or directions relating to such Rights have been obtained or complied with or otherwise as to the propriety or regularity of acts purporting or intended to be in exercise of any such Rights or as to the application of any money borrowed or raised or other proceeds of enforcement.

Protection of Third Parties. No person dealing with SEOCH, any Delegate or SEOCHXXXXX's nominee shall be concerned to inquire whether any event has happened upon which any of the Rights conferred under or in connection with this deed are or may be exercisable, whether any consents, regulations, restrictions or directions relating to such Rights have been obtained or complied with or otherwise as to the propriety or regularity of acts purporting or intended to be in exercise of any such Rights or as to the application of any money borrowed or raised or other proceeds of enforcement.