Common use of Purchaser Protected Clause in Contracts

Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder or under any of the Security Documents be bound to ascertain the authority of the Trustee or the Notes Collateral Agent, as the case may be, to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted by this Article Ten to be sold be under obligation to ascertain or inquire into the authority of the Company, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported to be released hereunder or under any of the Security Documents be bound to ascertain the authority of the Trustee or to direct the Notes Collateral Agent, as the case may be, Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted to be sold by this Article Ten to be sold XIV, be under obligation to ascertain or inquire into the authority of the CompanyCompany or any other Guarantor, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported to be released hereunder or under any of the Security Documents be bound to ascertain the authority of the Trustee or to direct the Notes Collateral Agent, as the case may be, Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted by this Article Ten to be sold by this Indenture or the Security Documents, be under obligation to ascertain or inquire into the authority of the Company, Company to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder or under any of the Security Documents be bound to ascertain the authority of the Trustee or the Notes Collateral Agent, as the case may be, to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted by this Article Ten to be sold be under obligation to ascertain or inquire into the authority of the Company, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder or under any of the Security Documents be bound to ascertain the authority of the Trustee or the Notes Collateral Agent, as the case may be, to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted by this Article Ten 10 to be sold be under obligation to ascertain or inquire into the authority of the Company, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder or under any of the Security Documents be bound to ascertain the authority of the Trustee or the Notes Collateral Agent, as the case may be, to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted by this Article Ten Eleven to be sold be under obligation to ascertain or inquire into the authority of the Company, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith of any property purported to be released hereunder or under any of the Security Documents Document be bound to ascertain the authority of the Trustee Collateral Agent or the Notes Collateral Agent, as the case may be, Trustee to execute the applicable release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted by this Article Ten 12 to be sold be under any obligation to ascertain or inquire into the authority of the Company, Company or the applicable Guarantor to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any property purported to be released hereunder or under any of the Security Documents be bound to ascertain the authority of the Trustee or the Notes Parity Lien Representative to direct the Joint Collateral Agent, as the case may be, Agent to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted to be sold by this Article Ten to be sold X, be under obligation to ascertain or inquire into the authority of the CompanyIssuer or any Restricted Subsidiary, as applicable, to make any such sale or other transfer.