Breach of Trust. The provisions of this clause 15 will not apply to any obligation or liability of the Trustee to the extent that it is not satisfied because under the Master Trust Deed, the Series Supplement, any other Transaction Document in relation to the Series Trust or by operation of law there is a reduction in the extent of the Trustee's indemnification out of the Assets of the Series Trust as a result of the Trustee's fraud, negligence or wilful default.
Appears in 10 contracts
Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Medallion Trust Series 2007-1g)
Breach of Trust. The provisions of this clause 15 13 will not apply to any obligation or liability of the Trustee to the extent that it is not satisfied because under the Master Trust Deed, the Series Supplement, any other Transaction Document in relation to the Series Trust or by operation of law there is a reduction in the extent of the Trustee's indemnification out of the Assets of the Series Trust as a result of the Trustee's fraud, negligence or wilful default.
Appears in 9 contracts
Samples: Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD), Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD), Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD)
Breach of Trust. The provisions of this clause 15 29 will not apply to any obligation or liability of the Trustee to the extent that it is not satisfied because under the Master Trust Deed, the Series Supplement, this Deed or any other Transaction Document in relation to the Series Trust or by operation of law there is a reduction in the extent of the Trustee's indemnification out of the Assets of the Series Trust Trust, as a result of the Trustee's fraud, negligence or wilful default.
Appears in 4 contracts
Samples: Series Supplement (Securitisation Advisory Services Pty LTD), Series Supplement (Securitisation Advisory Services Pty LTD), Series Supplement (Securitisation Advisory Services Pty LTD)
Breach of Trust. The provisions of this clause 15 will not apply to any obligation or liability of the Trustee Issuer to the extent that it is not satisfied because under the Master Trust Deed, the Series Supplement, Supplement or any other Transaction Document in relation to the Series Trust or by operation of law there is a reduction in the extent of the TrusteeIssuer's indemnification out of the Assets of the Series Trust as a result of the TrusteeIssuer's fraud, negligence or wilful default.
Appears in 3 contracts
Samples: Agency Agreement (Securitisation Advisory Services Pty LTD), Agency Agreement (Medallion Trust Series 2007-1g), Agency Agreement (Securitisation Advisory Services Pty LTD)
