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 any Co-Obligor or any Guarantor, 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 any the Company, the Co-Obligor 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 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 to be sold, disposed of or transferred by this Article Ten, 12 to be sold be under any obligation to ascertain or inquire into the authority of any Co-Obligor 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 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 any Co-Obligor 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 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, any Co-Obligor 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 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 Holders 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 TenIV, be under obligation to ascertain or inquire into the authority of any Co-Obligor the Company or any Guarantorthe Guarantors, 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 the Trustee to direct the Notes Collateral Agent or the Trustee to execute the release or to inquire as to the satisfaction of any ay 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, 10 to be sold be under any obligation to ascertain or inquire into the authority of any Co-Obligor the 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 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 any Co-Obligor the 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 Notes Collateral Agent or the Trustees 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 Collateral property or rights permitted by this Indenture to be sold, disposed of or transferred by this Article Ten, sold be under any obligation to ascertain or inquire into the authority of any Co-Obligor 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 any Co-Obligor 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 any Co-Obligor the Company or any Guarantor, as applicable, the applicable Guarantor to make any such sale or other transfer.

Purchaser Protected. (a) 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 direct the Collateral Agent 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 Collateral property or rights permitted to be sold, disposed of or transferred by this Article Ten, Thirteen to be sold be under any obligation to ascertain or inquire into the authority of any Co-Obligor 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 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 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 any Co-Obligor the applicable 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 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 any Co-Obligor 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 TenXII, be under obligation to ascertain or inquire into the authority of the Issuer, any Co-Obligor Guarantor or any the Subordinated Guarantor, 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, 12 to be sold be under any obligation to ascertain or inquire into the authority of any Co-Obligor 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 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 any Co-Obligor 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 purported property pur- ported 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 ex- ercise 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, 11 to be sold be under any obligation to ascertain or inquire into the authority of any Co-Obligor 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 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 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 any Co-Obligor the Company or any Guarantor, as applicable, the applicable Notes 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 Security Document be bound to ascertain the authority (if any) of the Collateral Agent or the Trustee to direct the Collateral Agent 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 Collateral property or rights permitted to be sold, disposed of or transferred by this Article Ten, 13 to be sold be under any obligation to ascertain or inquire into the authority of any Co-Obligor 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 purported to be released hereunder be bound to ascertain the authority (if any) of the Notes Collateral Agent or the Trustee to direct the Collateral Agent 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 Collateral property or rights permitted to be sold, disposed of or transferred by this Article Ten, 12 to be sold be under any obligation to ascertain or inquire into the authority of any the Co-Obligor 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 any Co-Obligor 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 Junior 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 any Co-Obligor the Company or any Guarantor, 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 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 to be sold, disposed of or transferred by this Article Ten, 7 to be sold be under any obligation to ascertain or inquire into the authority of any Co-Obligor the Issuer or any Guarantor, as applicable, the applicable Guarantor to make any such sale or other transfer.