Acting in Good Faith. the Security Trustee shall not be liable for any action taken, suffered or omitted by it in good faith and believed by it to be authorised or within the discretion or rights or powers conferred upon it by this Deed or any Series Document;
Appears in 2 contracts
Samples: Arran Funding LTD, Arran Funding LTD
Acting in Good Faith. the The Security Trustee shall not be liable for any action taken, suffered or omitted by it in good faith and believed by it to be authorised or within the discretion or rights or powers conferred upon it by this Deed or any Series Document;, provided that this shall not relieve the Security Trustee from liability for acts or omissions involving its gross negligence, fraud or wilful default.
Appears in 2 contracts
Samples: www.newday.co.uk, www.newday.co.uk
Acting in Good Faith. the The Security Trustee shall not be liable for any action taken, suffered or omitted by it in good faith and believed by it to be authorised or within the discretion or rights or powers conferred upon it by this Security Trust Deed or any other Series Document;
Appears in 1 contract
Samples: Turquoise Receivables Trustee LTD