Common use of Additional Funding 1 Security Trustee provisions Clause in Contracts

Additional Funding 1 Security Trustee provisions. (a) The Funding 1 Security Trustee shall be under no obligation to monitor or supervise the functions of the Servicer under the Servicing Agreement or any other Transaction Document or the Cash Manager under the Cash Management Agreement or any other Transaction Document or the Mortgages Trustee Account Bank or the Funding 1 Account Bank under the Mortgages Trustee Account Bank Agreement and the Funding 1 Account Bank Agreement respectively or any other Transaction Agreement or of any other person under or pursuant to any of the Transaction Documents. (b) Funding 1 shall provide to the Funding 1 Security Trustee such information as it shall reasonably request in writing to enable it to perform its functions as Funding 1 Security Trustee under the Funding 1 Agreements. (c) The Funding 1 Security Trustee shall not be liable to Funding 1 for acting on the request, direction or instruction of the Issuer Security Trustee or any Funding 1 Secured Creditor. (d) The Funding 1 Security Trustee shall not be obliged to monitor compliance by the Seller with the Representations and Warranties or to ascertain whether or not any such of the Representations and Warranties is true, accurate or complete. (e) The Funding 1 Security Trustee shall be entitled to assume that each of Funding 1, the Seller, the Mortgages Trustee and the Issuer is complying with their respective obligations under the Transaction Documents unless it has actual knowledge to the contrary. (f) The Funding 1 Security Trustee shall be entitled to rely (without further investigation or inquiry) upon any document, reasonably believed by it to be genuine, provided to it by Funding 1, the Mortgages Trustee or the Cash Manager in respect of every matter and circumstances prima facie within the knowledge of Funding 1, the Mortgages Trustee or the Cash Manager and the Funding 1 Security Trustee shall not be bound in any such case to call for further evidence or be responsible for any loss, liability, costs, damages, expenses or inconvenience that may be caused by it failing to do so. (g) The Funding 1 Security Trustee may provide information to the Issuer Security Trustee under the Issuer Deed of Charge and to the Note Trustee under the Note Trust Deed. (h) The Funding 1 Security Trustee shall be entitled to rely on any certificate addressed to it whether in its capacity as Funding 1 Security Trustee under this Deed, as Issuer Security Trustee under the Issuer Deed of Charge or as Note Trustee under the Note Trust Deed and may rely on information provided to it in any such capacity. (i) The Funding 1 Security Trustee, if not the same as the Note Trustee and/or the Issuer Security Trustee, shall provide the Note Trustee and the Issuer Security Trustee with any information that either or both of them reasonably require. (j) The Funding 1 Security Trustee, if not the same as the Issuer Security Trustee and/or the Note Trustee, shall notify the Note Trustee and/or the Issuer Security Trustee of any breach of any provisions of this Deed or the Funding 1 Agreements and any event of which it has knowledge which would or may result in this Deed or the Funding 1 Security created thereby becoming enforceable. (k) Nothing in this Deed shall preclude the Issuer Security Trustee, the Note Trustee and the Funding 1 Security Trustee from exchanging information.