AUTHORISED INVESTMENTS. Any monies which under this Deed may be invested by the Note Trustee may be invested in the name or under the control of the Note Trustee in any Authorised Investments and the Note Trustee may at any time or times vary any such Authorised Investments into other Authorised Investments and shall not be responsible for any loss due to depreciation in value, or otherwise resulting from any such Authorised Investments (save due to the negligence, fraud or wilful default of the Note Trustee).
Appears in 8 contracts
Samples: Trust Deed (Gracechurch Card Funding No 3 PLC), Trust Deed (Barclaycard Funding PLC), Trust Deed (Gracechurch Receivables Trustee LTD)
AUTHORISED INVESTMENTS. Any monies moneys which under this Deed may be invested by the Note Trustee may be invested in the name or under the control of the Note Trustee in any Authorised Investments and the Note Trustee may at any time or times vary any such Authorised Investments into other Authorised Investments and shall not be responsible for any loss due to depreciation in value, or otherwise resulting from any such Authorised Investments (save due to the negligence, fraud or wilful default of the Note Trustee).
Appears in 2 contracts
Samples: Trust Deed (Gracechurch Receivables Trustee LTD), Trust Deed (Gracechurch Card Funding No 2 PLC)
