Common use of Purchaser Protected Clause in Contracts

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any Collateral purported to be released hereunder be bound to ascertain the authority (if any) of the Trustee to direct the Collateral 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 Collateral permitted to be sold, disposed of or transferred by this Article Ten, be under obligation to ascertain or inquire into the authority of the Company or any 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 Collateral purported to be released hereunder be bound to ascertain the authority (if any) of the Trustee to direct the Collateral 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 Collateral permitted to be sold, disposed of or transferred by this Article Ten, be under obligation to ascertain or inquire into the authority of the Company any Co-Obligor or any 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 Collateral property purported to be released hereunder or under the Collateral Documents be bound to ascertain the authority (if any) of the Trustee to direct the Collateral 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 Collateral property or rights permitted to be sold, disposed of or transferred sold by this Article Tenthe Collateral Documents, be under obligation to ascertain or inquire into the authority of the Company Company, any Subsidiary Guarantor or any GuarantorDomestic Restricted Subsidiary, as applicable, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser or other transferee in good faith or other transferee of any Collateral property or asset purported to be released hereunder be bound to ascertain the authority (if any) of a Notes Collateral Agent or the Trustee to direct the Collateral 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 Collateral property, asset or rights permitted to be sold, disposed of or transferred by this Article Ten, Fourteen to be sold be under any obligation to ascertain or inquire into the authority of the Company Company, the Co-Issuer or any Guarantor, as applicable, 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 Collateral property purported to be released hereunder or under any of the Security Documents be bound to ascertain the authority (if any) of the Trustee to direct or the Notes Collateral Agent 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 Collateral property or rights permitted to be sold, disposed of or transferred by this Article Ten, Ten to be sold be under obligation to ascertain or inquire into the authority of the Company or any Guarantor, as applicableCompany, to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser in good faith or other transferee of any Collateral purported to be released hereunder be bound to ascertain the authority (if any) of the Trustee to direct the Collateral 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 Collateral permitted to be sold, disposed of or transferred by this Article Ten10, be under obligation to ascertain or inquire into the authority of the Company Issuer or any Guarantor, as applicable, to make any such sale or other transfer. For the avoidance of doubt, nothing in this Section 11.05 releases any Obligor from any liability or obligations pursuant to this Indenture.

Purchaser Protected. In no event shall any purchaser or other transferee in good faith or other transferee of any Collateral property or assets purported to be released hereunder or to constitute “Excluded Assets” be bound to ascertain the authority (if any) of the Trustee to direct the Collateral Agent or the Trustee 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 Collateral permitted to be sold, disposed of property or transferred by this Article Ten, assets be under any obligation to ascertain or inquire into the authority of the Company or any Guarantor, as applicable, the applicable Guarantor to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser or other transferee in good faith or other transferee of any Collateral property or asset purported to be released hereunder be bound to ascertain the authority (if any) of the Trustee to direct the Notes Collateral Agent or the Trustee 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 Collateral property, asset or rights permitted by this ARTICLE 17 to be sold, disposed of or transferred by this Article Ten, sold be under any obligation to ascertain or inquire into the authority of the Company or any Guarantor, as applicable, the applicable Subsidiary Guarantor to make any such sale or other transfer.

Purchaser Protected. In no event shall any purchaser or other transferee in good faith or other transferee of any Collateral property or asset purported to be released hereunder be bound to ascertain the authority (if any) of a Notes Collateral Agent or the Trustee to direct the Collateral 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 Collateral property, asset or rights permitted to be sold, disposed of or transferred by this Article Ten, Fourteen to be sold be under any obligation to ascertain or inquire into the authority of the Company or any Guarantor, as applicable, 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 Collateral property purported to be released hereunder be bound to ascertain the authority (if any) of the Notes Collateral Agent or the Trustee to execute (or to direct the Collateral Agent Trustee to execute 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 Collateral property or rights permitted to be sold, disposed of or transferred by this Article Ten, Fourteen to be sold be under any obligation to ascertain or inquire into the authority of the Company Issuers or any Guarantor, as applicable, 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 Collateral property purported to be released hereunder be bound to ascertain the authority (if any) of the Trustee to direct the Collateral 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 Collateral property or rights permitted to be sold, disposed of or transferred sold by this Article TenTwelve, be under obligation to ascertain or inquire into the authority of the Company or any 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 Collateral property purported to be released hereunder be bound to ascertain the authority (if any) of the Trustee to direct the Collateral 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 Collateral property or rights permitted to be sold, disposed of or transferred sold by this Article TenEleven, be under obligation to ascertain or inquire into the authority of the Company or any 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 Collateral purported to be released hereunder be bound to ascertain the authority (if any) of the Trustee to direct the Collateral 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 Collateral permitted to be sold, disposed of or transferred by this Article Ten11, be under obligation to ascertain or inquire into the authority of the Company Issuer or any Guarantor, as applicable, to make any such sale or other transfer. For the avoidance of doubt, nothing in this Section 11.05 releases any Obligor from any liability or obligations pursuant to this Indenture.