AGENT COMMITMENTS. No provisions of this Agreement shall require any Agent to expend its own funds or assume a financial commitment to a person not party to this Agreement (other than in the ordinary course of its business) in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers hereunder, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such commitment is not reasonably assured to it and, in particular, no Agent shall be obliged to incur any expenditure in connection with the publication of any notices required to be given hereunder unless the Issuer has given its prior approval.
Appears in 10 contracts
Samples: Agency Agreement (Turquoise Receivables Trustee LTD), Paying Agency and Agent Bank Agreement (Barclaycard Funding PLC), Paying Agency and Agent Bank Agreement (Gracechurch Receivables Trustee LTD)
