No responsibility to perfect Transaction Security Sample Clauses

No responsibility to perfect Transaction Security. The Security Agent shall not be liable for any failure to:
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No responsibility to perfect Transaction Security. The Security Trustee shall not be liable for any failure to:
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No responsibility to perfect Transaction Security. The Security and Intercreditor Agent shall not be liable for any failure to:
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No responsibility to perfect Transaction Security. Neither the Security Agent nor the Secondary Security Agent shall be liable for any failure to:
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No responsibility to perfect Transaction Security. The Security Agent shall not be liable for any failure to (a) require the deposit with it of any deed or document certifying, representing or constituting the title of any Debtor to any of the Collateral; (b) obtain any license, consent or other authority for the execution, delivery, legality, validity, enforceability or admissibility in evidence of any Debt Document or the Transaction Security; (c) register, file or record or otherwise protect any of the Transaction Security (or the priority of any of the Transaction Security) under any laws or regulation or to give notice to any person of the execution of any Debt Documents or of the Transaction Security; (d) take, or to require any Debtor to take, any step to perfect its title to any of the Collateral or to render the Transaction Security effective or to secure the creation of any ancillary Liens under any law or regulation; or (e) require any further assurances in relation to any of the Security Documents.
Sample 1
No responsibility to perfect Transaction Security. 7.20.1 The Security Agent shall not be responsible for:
Sample 1
No responsibility to perfect Transaction Security. The Mezzanine Security Agent shall not be liable for any failure to:
Sample 1
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No responsibility to perfect Transaction Security. Without limiting the Collateral Agents’ obligations to enforce its rights under the relevant Security Document on behalf of the Holders, the Collateral Agents shall not be liable for any failure to: (a) require the deposit with it of any deed or document certifying, representing or constituting the title of the charged property; (b) obtain any licence, consent or other authority for the execution, delivery, legality, validity, enforceability or admissibility in evidence of any of the Security Documents or the collateral thereunder; (c) register, file or record or otherwise protect any of the collateral under any applicable laws in any jurisdiction or to give notice to any person of the execution of any of the Security Documents or of the collateral; (d) take, or to require any of the pledgors to take, any steps to perfect title to any of the charged property under the Security Documents or to render the collateral effective or to secure the creation of any ancillary security under the laws of any jurisdiction; or (e) require any further assurances in relation to any of the Security Documents.
Sample 1

Related to No responsibility to perfect Transaction Security

  • Responsibility for Collateral The Debtors assume all liabilities and responsibility in connection with all Collateral, and the Obligations shall in no way be affected or diminished by reason of the loss, destruction, damage or theft of any of the Collateral or its unavailability for any reason. Without limiting the generality of the foregoing, (a) neither the Agent nor any Secured Party (i) has any duty (either before or after an Event of Default) to collect any amounts in respect of the Collateral or to preserve any rights relating to the Collateral, or (ii) has any obligation to clean-up or otherwise prepare the Collateral for sale, and (b) each Debtor shall remain obligated and liable under each contract or agreement included in the Collateral to be observed or performed by such Debtor thereunder. Neither the Agent nor any Secured Party shall have any obligation or liability under any such contract or agreement by reason of or arising out of this Agreement or the receipt by the Agent or any Secured Party of any payment relating to any of the Collateral, nor shall the Agent or any Secured Party be obligated in any manner to perform any of the obligations of any Debtor under or pursuant to any such contract or agreement, to make inquiry as to the nature or sufficiency of any payment received by the Agent or any Secured Party in respect of the Collateral or as to the sufficiency of any performance by any party under any such contract or agreement, to present or file any claim, to take any action to enforce any performance or to collect the payment of any amounts which may have been assigned to the Agent or to which the Agent or any Secured Party may be entitled at any time or times.

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