DELEGATION BY NOTE TRUSTEE. (a) The Note Trustee may whenever it thinks fit delegate by power of attorney or otherwise to any person or persons for any period (whether exceeding one year or not) or indefinitely all or any of the trusts, powers and authorities vested in the Note Trustee by this deed and that delegation may be made upon any terms and subject to any conditions (including power to sub-delegate) and subject to any regulations as the Note Trustee may in the interests of the Offshore Noteholders think fit.
Appears in 3 contracts
Samples: Agency Agreement (Crusade Global Trust No. 2 of 2006), Servicing Agreement (Crusade Management LTD), Westpac Securitisation Management Pty LTD
DELEGATION BY NOTE TRUSTEE. (a) The Note Trustee may whenever it thinks fit delegate by power of attorney or otherwise to any person or persons for any period (whether exceeding one year or not) or indefinitely all or any of the trusts, powers and authorities vested in the Note Trustee by this deed and that delegation may be made upon any terms and subject to any conditions (including power to sub-delegate) and subject to any regulations as the Note Trustee may in the interests of the Offshore Class A Noteholders think fit.
Appears in 2 contracts
Samples: Interstar Securitisation Management Pty LTD, Westpac Securitisation Management Pty LTD
