Common use of Commercial Transactions Clause in Contracts

Commercial Transactions. The Security Trustee shall not, and no director, officer or employee of any corporation being a trustee hereof shall, by reason of the fiduciary position of the Security Trustee, be in any way precluded from making any contracts or entering into any transactions in the ordinary course of business with the Second Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Issuer Transaction Documents or any other party to any of the Second Issuer Transaction Documents or from accepting the trusteeship of any stock, shares, debenture stock, debentures or securities of any such person. Without prejudice to the generality of the foregoing, it is expressly declared that such contracts and transactions include any contract or transaction in relation to the placing, underwriting, purchasing, subscribing for or dealing with or lending money upon or making payments in respect of any stock, shares, debenture stock, debentures or other securities of the Second Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Issuer Transaction Documents or any contract of banking or insurance with the Second Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Transaction Documents. Neither the Security Trustee nor any such director or officer of the Security Trustee shall be accountable to any of the Second Issuer Secured Creditors or the Second Issuer, Funding 1 or Holdings for any profit, fees, commissions, interest, discounts or share of brokerage earned, arising or resulting from any such contracts or transactions. The Security Trustee and any such director, officer or employee shall be at liberty to retain the same for its or his own benefit.

Commercial Transactions. The Security Trustee shall not, and no director, officer or employee of any corporation being a trustee hereof shall, by reason of the fiduciary position of the Security Trustee, be in any way precluded from making any contracts or entering into any transactions in the ordinary course of business with the Second Fourth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Fourth Issuer Transaction Documents or any other party to any of the Second Fourth Issuer Transaction Documents or from accepting the trusteeship of any stock, shares, debenture stock, debentures or securities of any such person. Without prejudice to the generality of the foregoing, it is expressly declared that such contracts and transactions include any contract or transaction in relation to the placing, underwriting, purchasing, subscribing for or dealing with or lending money upon or making payments in respect of any stock, shares, debenture stock, debentures or other securities of the Second Fourth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Fourth Issuer Transaction Documents or any contract of banking or insurance with the Second Fourth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Transaction Documents. Neither the Security Trustee nor any such director or officer of the Security Trustee shall be accountable to any of the Second Fourth Issuer Secured Creditors or the Second Fourth Issuer, Funding 1 or Holdings for any profit, fees, commissions, interest, discounts or share of brokerage earned, arising or resulting from any such contracts or transactions. The Security Trustee and any such director, officer or employee shall be at liberty to retain the same for its or his own benefit.

Commercial Transactions. The Security Trustee shall not, and no director, officer or employee of any corporation being a trustee hereof shall, by reason of the fiduciary position of the Security Trustee, be in any way precluded from making any contracts or entering into any transactions in the ordinary course of business with the Second Seventh Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Seventh Issuer Transaction Documents or any other party to any of the Second Seventh Issuer Transaction Documents or from accepting the trusteeship of any stock, shares, debenture stock, debentures or securities of any such person. Without prejudice to the generality of the foregoing, it is expressly declared that such contracts and transactions include any contract or transaction in relation to the placing, underwriting, purchasing, subscribing for or dealing with or lending money upon or making payments in respect of any stock, shares, debenture stock, debentures or other securities of the Second Seventh Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Seventh Issuer Transaction Documents or any contract of banking or insurance with the Second Seventh Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Transaction Documents. Neither the Security Trustee nor any such director or officer of the Security Trustee shall be accountable to any of the Second Seventh Issuer Secured Creditors or the Second Seventh Issuer, Funding 1 or Holdings for any profit, fees, commissions, interest, discounts or share of brokerage earned, arising or resulting from any such contracts or transactions. The Security Trustee and any such director, officer or employee shall be at liberty to retain the same for its or his own benefit.

Commercial Transactions. The Security Trustee shall not, and no director, officer or employee of any corporation being a trustee Security Trustee hereof shall, shall by reason of the fiduciary position of the Security Trustee, Trustee be in any way precluded from making any commercial contracts or entering into any commercial transactions in the ordinary course of business with the Second Funding, an Issuer, Funding 1 or Holdings or any other subsidiary of Holdings Holdings, an Issuer or any other party to the Second Issuer Transaction Documents Documents, whether directly or through any other party to any of the Second Issuer Transaction Documents subsidiary or associated company, or from accepting the trusteeship of any stock, shares, other debenture stock, debentures or securities of Funding, any such person. Without Issuer, Holdings or any subsidiary of Holdings, any Issuer or any other party to the Transaction Documents, and without prejudice to the generality of the foregoingthese provisions, it is expressly declared that such contracts and transactions include any contract or transaction in relation to the placing, underwriting, purchasing, subscribing for or dealing with or lending money monies upon or making payments in respect of or any stock, shares, debenture stock, debentures or other securities of the Second Funding, any Issuer, Funding 1 or Holdings or any other subsidiary of Holdings Holdings, any Issuer or any other party to the Second Issuer Transaction Documents or any contract of banking or insurance with the Second Funding, any Issuer, Funding 1 or Holdings or any other subsidiary of Holdings Holdings, any Issuer or any other party to the Transaction Documents. Neither Documents and neither the Security Trustee nor any such director director, officer or officer of the Security Trustee employee shall be accountable to any of the Second Funding Secured Creditor or to Funding or any Issuer Secured Creditors or the Second Issuer, Funding 1 or Holdings for any profit, fees, commissions, interest, discounts or share of brokerage earned, arising or resulting from any such contracts or transactions. The , and the Security Trustee and any such director, officer or employee shall also be at liberty to retain the same for its or his own benefitwithout accounting therefor.

Commercial Transactions. The Sixth Issuer Security Trustee shall not, and no director, officer or employee of any corporation being a trustee hereof shall, by reason of the fiduciary position of the Sixth Issuer Security Trustee, be in any way precluded from making any contracts or entering into any transactions in the ordinary course of business with the Second Sixth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Sixth Issuer Transaction Documents or any other party to any of the Second Sixth Issuer Transaction Documents or from accepting the trusteeship of any stock, shares, debenture stock, debentures or securities of any such person. Without prejudice to the generality of the foregoing, it is expressly declared that such contracts and transactions include any contract or transaction in relation to the placing, underwriting, purchasing, subscribing for or dealing with or lending money upon or making payments in respect of any stock, shares, debenture stock, debentures or other securities of the Second Sixth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Sixth Issuer Transaction Documents or any contract of banking or insurance with the Second Sixth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Transaction Documents. Neither the Sixth Issuer Security Trustee nor any such director or officer of the Sixth Issuer Security Trustee shall be accountable to any of the Second Sixth Issuer Secured Creditors or the Second Sixth Issuer, Funding 1 or Holdings for any profit, fees, commissions, interest, discounts or share of brokerage earned, arising or resulting from any such contracts or transactions. The Sixth Issuer Security Trustee and any such director, officer or employee shall be at liberty to retain the same for its or his own benefit.

Commercial Transactions. The Security Trustee shall not, and no director, officer or employee of any corporation being a trustee hereof shall, by reason of the fiduciary position of the Security Trustee, be in any way precluded from making any contracts or entering into any transactions in the ordinary course of business with the Second Third Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Third Issuer Transaction Documents or any other party to any of the Second Third Issuer Transaction Documents or from accepting the trusteeship of any stock, shares, debenture stock, debentures or securities of any such person. Without prejudice to the generality of the foregoing, it is expressly declared that such contracts and transactions include any contract or transaction in relation to the placing, underwriting, purchasing, subscribing for or dealing with or lending money upon or making payments in respect of any stock, shares, debenture stock, debentures or other securities of the Second Third Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Third Issuer Transaction Documents or any contract of banking or insurance with the Second Third Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Transaction Documents. Neither the Security Trustee nor any such director or officer of the Security Trustee shall be accountable to any of the Second Third Issuer Secured Creditors or the Second Third Issuer, Funding 1 or Holdings for any profit, fees, commissions, interest, discounts or share of brokerage earned, arising or resulting from any such contracts or transactions. The Security Trustee and any such director, officer or employee shall be at liberty to retain the same for its or his own benefit.

Commercial Transactions. The Security Trustee shall not, and no director, officer or employee of any corporation being a trustee Security Trustee hereof shall, shall by reason of the fiduciary position of the Security Trustee, Trustee be in any way precluded from making any commercial contracts or entering into any commercial transactions in with Funding 2, the ordinary course of business with the Second Master Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Issuer Transaction Documents Documents, whether directly or through any other party to any of the Second Issuer Transaction Documents subsidiary or associated company, or from accepting the trusteeship of any stock, shares, other debenture stock, debentures or securities of Funding 2, the Master Issuer, Holdings or any such person. Without subsidiary of Holdings or any other party to the Transaction Documents, and without prejudice to the generality of the foregoingthese provisions, it is expressly declared that such contracts and transactions include any contract or transaction in relation to the placing, underwriting, purchasing, subscribing for or dealing with or lending money monies upon or making payments in respect of or any stock, shares, debenture stock, debentures or other securities of Funding 2, the Second Master Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Issuer Transaction Documents or any contract of banking or insurance with Funding 2, the Second Master Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Transaction Documents. Neither Documents and neither the Security Trustee nor any such director director, officer or officer of the Security Trustee employee shall be accountable to any of the Second Issuer Funding 2 Secured Creditors Creditor or to Funding 2 or the Second Issuer, Funding 1 or Holdings Master Issuer for any profit, fees, commissions, interest, discounts or share of brokerage earned, arising or resulting from any such contracts or transactions. The , and the Security Trustee and any such director, officer or employee shall also be at liberty to retain the same for its or his own benefitwithout accounting therefor.

Commercial Transactions. The Seventh Issuer Security Trustee shall not, and no director, officer or employee of any corporation being a trustee hereof shall, by reason of the fiduciary position of the Seventh Issuer Security Trustee, be in any way precluded from making any contracts or entering into any transactions in the ordinary course of business with the Second Seventh Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Seventh Issuer Transaction Documents or any other party to any of the Second Seventh Issuer Transaction Documents or from accepting the trusteeship of any stock, shares, debenture stock, debentures or securities of any such person. Without prejudice to the generality of the foregoing, it is expressly declared that such contracts and transactions include any contract or transaction in relation to the placing, underwriting, purchasing, subscribing for or dealing with or lending money upon or making payments in respect of any stock, shares, debenture stock, debentures or other securities of the Second Seventh Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Seventh Issuer Transaction Documents or any contract of banking or insurance with the Second Seventh Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Seventh Issuer Transaction Documents. Neither the Seventh Issuer Security Trustee nor any such director or officer of the Seventh Issuer Security Trustee shall be accountable to any of the Second Seventh Issuer Secured Creditors or the Second Seventh Issuer, Funding 1 or Holdings for any profit, fees, commissions, interest, discounts or share of brokerage earned, arising or resulting from any such contracts or transactions. The Seventh Issuer Security Trustee and any such director, officer or employee shall be at liberty to retain the same for its or his own benefit.

Commercial Transactions. The Security Trustee shall not, and no director, officer or employee of any corporation being a trustee hereof shall, by reason of the fiduciary position of the Security Trustee, be in any way precluded from making any contracts or entering into any transactions in the ordinary course of business with the Second Sixth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Sixth Issuer Transaction Documents or any other party to any of the Second Sixth Issuer Transaction Documents or from accepting the trusteeship of any stock, shares, debenture stock, debentures or securities of any such person. Without prejudice to the generality of the foregoing, it is expressly declared that such contracts and transactions include any contract or transaction in relation to the placing, underwriting, purchasing, subscribing for or dealing with or lending money upon or making payments in respect of any stock, shares, debenture stock, debentures or other securities of the Second Sixth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Sixth Issuer Transaction Documents or any contract of banking or insurance with the Second Sixth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Transaction Documents. Neither the Security Trustee nor any such director or officer of the Security Trustee shall be accountable to any of the Second Sixth Issuer Secured Creditors or the Second Sixth Issuer, Funding 1 or Holdings for any profit, fees, commissions, interest, discounts or share of brokerage earned, arising or resulting from any such contracts or transactions. The Security Trustee and any such director, officer or employee shall be at liberty to retain the same for its or his own benefit.

Commercial Transactions. The Security Trustee shall not, and no director, officer or employee of any corporation being a trustee hereof shall, by reason of the fiduciary position of the Security Trustee, be in any way precluded from making any contracts or entering into any transactions in the ordinary course of business with the Second Fifth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Fifth Issuer Transaction Documents or any other party to any of the Second Fifth Issuer Transaction Documents or from accepting the trusteeship of any stock, shares, debenture stock, debentures or securities of any such person. Without prejudice to the generality of the foregoing, it is expressly declared that such contracts and transactions include any contract or transaction in relation to the placing, underwriting, purchasing, subscribing for or dealing with or lending money upon or making payments in respect of any stock, shares, debenture stock, debentures or other securities of the Second Fifth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Fifth Issuer Transaction Documents or any contract of banking or insurance with the Second Fifth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Transaction Documents. Neither the Security Trustee nor any such director or officer of the Security Trustee shall be accountable to any of the Second Fifth Issuer Secured Creditors or the Second Fifth Issuer, Funding 1 or Holdings for any profit, fees, commissions, interest, discounts or share of brokerage earned, arising or resulting from any such contracts or transactions. The Security Trustee and any such director, officer or employee shall be at liberty to retain the same for its or his own benefit.

Commercial Transactions. The Ninth Issuer Security Trustee shall not, and no director, officer or employee of any corporation being a trustee hereof shall, by reason of the fiduciary position of the Ninth Issuer Security Trustee, be in any way precluded from making any contracts or entering into any transactions in the ordinary course of business with the Second Ninth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Ninth Issuer Transaction Documents or any other party to any of the Second Ninth Issuer Transaction Documents or from accepting the trusteeship of any stock, shares, debenture stock, debentures or securities of any such person. Without prejudice to the generality of the foregoing, it is expressly declared that such contracts and transactions include any contract or transaction in relation to the placing, underwriting, purchasing, subscribing for or dealing with or lending money upon or making payments in respect of any stock, shares, debenture stock, debentures or other securities of the Second Ninth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Second Ninth Issuer Transaction Documents or any contract of banking or insurance with the Second Ninth Issuer, Funding 1 or Holdings or any other subsidiary of Holdings or any other party to the Ninth Issuer Transaction Documents. Neither the Ninth Issuer Security Trustee nor any such director or officer of the Ninth Issuer Security Trustee shall be accountable to any of the Second Ninth Issuer Secured Creditors or the Second Ninth Issuer, Funding 1 or Holdings for any profit, fees, commissions, interest, discounts or share of brokerage earned, arising or resulting from any such contracts or transactions. The Ninth Issuer Security Trustee and any such director, officer or employee shall be at liberty to retain the same for its or his own benefit.