Examples of Security Document in a sentence
Neither the Trustee nor the Collateral Agent shall be responsible to make any calculation, evaluate, verify or independently determine the accuracy of any report, certificate or other information with respect to any matter under this Indenture or any Security Document.
Neither the Trustee nor the Collateral Agent shall have any duty to monitor or investigate the Issuer’s, the Company’s or any Subsidiary’s compliance with or the breach of, or cause to be performed or observed, any representation, warranty or covenant made in this Indenture or any Security Document.
The Collateral Agent shall not be liable for failing to comply with its obligations under this Indenture or any Security Document in so far as the performance of such obligations is dependent upon the timely receipt of instructions and/or other information from any other Person which are not received or not received by the time required.
Neither the Trustee nor the Collateral Agent shall have any duty to monitor or investigate the Company’s, the Company’s or any Subsidiary’s compliance with or the breach of, or cause to be performed or observed, any representation, warranty or covenant made in this Indenture or any Security Document, and the Trustee and Collateral Agent may assume performance absent written notice or actual knowledge of a Responsible Officer to the contrary.
Anything in this Indenture or any Security Document notwithstanding, in no event shall the Trustee or the Collateral Agent be liable for special, indirect, punitive or consequential loss or damage of any kind whatsoever (including but not limited to loss of profit), even if the Trustee or the Collateral Agent, as applicable, has been advised as to the likelihood of such loss or damage and regardless of the form of action.