Common use of Compliance with Transaction Documents, etc Clause in Contracts

Compliance with Transaction Documents, etc. The Eighth Issuer Cash Management Services shall include procuring (so far as the Eighth Issuer Cash Manager, using its reasonable endeavours, is able so to do) compliance by the Eighth Issuer with all applicable legal requirements and with the terms of the Eighth Issuer Transaction Documents, PROVIDED ALWAYS THAT the Eighth Issuer Cash Manager shall not lend or provide any sum to the Eighth Issuer and that the Eighth Issuer Cash Manager shall have no liability whatsoever to the Eighth Issuer, the Security Trustee or any other person for any failure by the Eighth Issuer to make any payment due under any of the Eighth Issuer Transaction Documents (other than to the extent arising from any failure by the Eighth Issuer Cash Manager to perform any of its obligations under any of the Eighth Issuer Transaction Documents).

Appears in 2 contracts

Samples: Management Agreement (Permanent Mortgages Trustee LTD), Management Agreement (Permanent Financing (No. 8) PLC)

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Compliance with Transaction Documents, etc. The Eighth Ninth Issuer Cash Management Services shall include procuring (so far as the Eighth Ninth Issuer Cash Manager, using its reasonable endeavours, is able so to do) compliance by the Eighth Ninth Issuer with all applicable legal requirements and with the terms of the Eighth Ninth Issuer Transaction Documents, PROVIDED ALWAYS THAT the Eighth Ninth Issuer Cash Manager shall not lend or provide any sum to the Eighth Ninth Issuer and that the Eighth Ninth Issuer Cash Manager shall have no liability whatsoever to the Eighth Ninth Issuer, the Ninth Issuer Security Trustee or any other person for any failure by the Eighth Ninth Issuer to make any payment due by any of them under any of the Eighth Ninth Issuer Transaction Documents (other than to the extent arising from any failure by the Eighth Ninth Issuer Cash Manager to perform any of its obligations under any of the Eighth Issuer Transaction Documents).

Appears in 2 contracts

Samples: Management Agreement (HOLMES FINANCING (No. 9) PLC), Management Agreement (HOLMES FINANCING (No. 9) PLC)

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