Purchaser Protection Sample Clauses
The Purchaser Protection clause is designed to safeguard the interests of the buyer in a transaction. It typically outlines specific rights, remedies, or assurances provided to the purchaser, such as warranties on goods, return policies, or recourse in the event of misrepresentation or defects. By clearly defining these protections, the clause helps ensure that buyers are not left vulnerable to unfair practices or undisclosed risks, thereby promoting trust and fairness in the transaction.
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Purchaser Protection. In no event shall any purchaser in good faith of any property purported to be released hereunder be bound to ascertain the authority of 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 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 8 to be sold be under any obligation to ascertain or inquire into the authority of the Issuer to make any such sale or other transfer.
Purchaser Protection. No purchaser dealing with a Creditor or any Receiver shall be concerned in any way with the provisions of this deed, but shall assume that the Creditor or Receiver, as the case may be, is acting in accordance with the provisions of this deed.
Purchaser Protection. The Purchaser shall not be obliged to do any of the following pursuant to paragraphs 9 or 11:
12.1 take any action or omit to do anything which, in the opinion of the Purchaser, would or is likely to have a material adverse effect on the business of the Company or any other member of the Purchaser Group or be materially onerous or prejudicial to the Purchaser Group;
12.2 provide or allow access to any information that is regarded by the Purchaser as legally privileged in relation to a possible or actual claim;
12.3 take any action or omit to do anything requested by any agent of any Seller (including any receiver or administrator);
12.4 agree to the settlement or compromise of any Defendant Claim or Recovery Claim.