18.2.4
GENERALLY TO DO ANYTHING IN RELATION TO THE CHARGED ASSETS
OR ANY PART THEREOF AS IT COULD DO IF IT WERE ABSOLUTELY ENTITLED THERETO.
18.3
INDEMNIFICATION
THE ADMINISTRATIVE AGENT SHALL NOT BE BOUND TO TAKE ANY STEPS TO ENFORCE THE
PERFORMANCE OF ANY PROVISIONS OF THIS DEED UNLESS IT SHALL BE INDEMNIFIED TO ITS
SATISFACTION BY THE SECURED PARTIES AGAINST ALL PROCEEDINGS, CLAIMS AND DEMANDS
TO WHICH IT MAY BE OR BECOME LIABLE AND ALL COSTS, CHARGES, EXPENSES AND
LIABILITIES WHICH MAY BE INCURRED BY IT IN CONNECTION THEREWITH.
18.4
RAISE MONEYS
THE ADMINISTRATIVE AGENT MAY AT ANY TIME AFTER THE SECURITY CONSTITUTED BY THIS
DEED SHALL HAVE BECOME ENFORCEABLE, ADVANCE, RAISE OR BORROW MONEY ON THE
SECURITY OF THE CHARGED ASSETS OR ANY PART THEREOF FOR THE PURPOSE OF DEFRAYING
ANY COSTS, CHARGES, LOSSES AND EXPENSES WHICH SHALL BE PAID OR INCURRED BY THE
ADMINISTRATIVE AGENT IN RELATION TO THIS DEED (INCLUDING REMUNERATION OF THE
ADMINISTRATIVE AGENT) OR WHICH THE ADMINISTRATIVE AGENT ANTICIPATES MAY BE PAID
OR INCURRED IN THE EXERCISE OF THE POWERS, AUTHORITIES AND DISCRETIONS VESTED IN
IT OR FOR ALL OTHER PURPOSES OF THIS DEED AND THE ADMINISTRATIVE AGENT MAY
ADVANCE, RAISE AND BORROW SUCH MONEYS AT SUCH RATES OF INTEREST AND GENERALLY ON
SUCH TERMS AND CONDITIONS AS THE ADMINISTRATIVE AGENT SHALL THINK FIT AND MAY
SECURE THE REPAYMENT OF THE MONEYS SO ADVANCED, RAISED OR BORROWED WITH INTEREST
ON THE SAME BY MORTGAGING OR OTHERWISE CHARGING THE CHARGED ASSETS OR ANY PART
THEREOF AND GENERALLY IN SUCH MANNER AND FORM AS THE ADMINISTRATIVE AGENT SHALL
THINK FIT AND FOR THE PURPOSES AFORESAID MAY EXECUTE AND DO ALL SUCH ASSURANCES,
DEEDS, ACTS AND THINGS AS IT SHALL THINK FIT AND NO PERSON LENDING ANY SUCH
MONEY SHALL BE CONCERNED TO ENQUIRE AS TO THE PROPRIETY OR PURPOSE OF THE
EXERCISE OF THIS POWER OR TO SEE TO THE APPLICATION OF ANY MONEYS SO RAISED OR
BORROWED.
19
18.5
SUPPLEMENT TO THE TRUSTEES ACT
BY WAY OF SUPPLEMENT TO THE TRUSTEES ACT, CHAPTER 337 OF SINGAPORE, IT IS
EXPRESSLY DECLARED AS FOLLOWS:
18.5.1
THE ADMINISTRATIVE AGENT MAY, IN RELATION TO THIS DEED, ACT
ON THE OPINION, CERTIFICATE OR ADVICE OF, OR INFORMATION OBTAINED FROM, ANY
LAWYER, VALUER, BANKER, BROKER, ACCOUNTANT OR OTHER EXPERT APPOINTED BY THE
ADMINISTRATIVE AGENT, THE CHARGOR OR ANY OTHER SECURED PARTY AND SHALL NOT BE
RESPONSIBLE FOR ANY LOSS OCCASIONED BY SO ACTING;
18.5.2
ANY SUCH OPINION, CERTIFICATE, ADVICE OR INFORMATION MAY BE
SENT OR OBTAINED BY LETTER OR FACSIMILE TRANSMISSION AND THE ADMINISTRATIVE
AGENT SHALL NOT BE LIABLE FOR ACTING ON ANY OPINION, CERTIFICATE, ADVICE OR
INFORMATION PURPORTING TO BE CONVEYED BY ANY SUCH LETTER OR FACSIMILE
TRANSMISSION ALTHOUGH THE SAME SHALL CONTAIN SOME ERROR OR SHALL NOT BE
AUTHENTIC;
18.5.3
THE ADMINISTRATIVE AGENT MAY CALL FOR AND SHALL BE AT
LIBERTY TO ACCEPT A CERTIFICATE SIGNED BY ANY DIRECTOR OF THE CHARGOR AS TO ANY
FACT OR MATTER ON WHICH THE ADMINISTRATIVE AGENT MAY NEED OR WISH TO