Common use of Costs of Repurchase; Indemnity Clause in Contracts

Costs of Repurchase; Indemnity. (i) The Approved Seller shall pay all costs and expenses (including stamp duty) relating to the repurchase or extinguishment of its relevant Purchased Receivables and related Receivable Rights under clauses 12.6(d) and 12.9(c). (ii) Without limiting any indemnity to which the Trustee is otherwise entitled, each Approved Seller unconditionally and irrevocably indemnifies the Trustee against any claim, liability, loss, cost, damage or expense suffered or incurred by the Trustee as a result of a Title Perfection Event relating to that Approved Seller. That Approved Seller must pay or reimburse the Trustee on demand for all amounts (including all reasonable expenses, including but not limited to stamp duties and taxes), payable in connection with such indemnity.

Appears in 6 contracts

Samples: Master Trust Deed (Crusade Management LTD), Master Trust Deed (Crusade Management LTD), Master Trust Deed (Crusade Management LTD)

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Costs of Repurchase; Indemnity. (i) The Approved Seller shall pay all costs and expenses (including stamp duty) relating to the repurchase or extinguishment of its relevant Purchased Receivables and related Receivable Rights under clauses 12.6(d8.6(d) and 12.9(c8.9(c). (ii) Without limiting any indemnity to which the Trustee is otherwise entitled, each Approved Seller unconditionally and irrevocably indemnifies the Trustee against any claim, liability, loss, cost, damage cost or expense suffered or incurred by the Trustee as a result of a Title Perfection Event relating to that Approved Seller. That Approved Seller must pay or reimburse the Trustee on demand for all amounts (including all reasonable expenses, including but not limited to stamp duties and taxes), payable in connection with such indemnity.

Appears in 3 contracts

Samples: Master Trust Deed (Westpac Securitisation Management Pty LTD), Master Trust Deed (Westpac Securitisation Management Pty LTD), Master Trust Deed (Westpac Securitisation Management Pty LTD)

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