Common use of Disapplication Clause in Contracts

Disapplication. the Trustee Act 2000 shall not apply to the duties of the Security Trustee in relation to the trusts constituted by this Agreement. Where there are any inconsistencies between the Trustee Axx 0000 and the Trustee Axx 0000 and the provisions of this Agreement, the provisions of this Agreement shall, to the extent allowed by law, prevail and, in the case of any inconsistency with the Trustee Axx 0000, the provisions of this Agreement shall constitute a restriction or exclusion for the purposes of that Act.

Appears in 1 contract

Samples: Standby Letter of Credit Facility Agreement (Validus Holdings LTD)

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Disapplication. the Trustee Act 2000 shall not apply to the duties of the Security Trustee in relation to the trusts constituted by this Agreement. Where there are any inconsistencies between the Trustee Axx 0000 Acts 1925 and the Trustee Axx 0000 2000 and the provisions of this Agreement, the provisions of this Agreement shall, to the extent allowed by law, prevail and, in the case of any inconsistency with the Trustee Axx 0000Act 2000, the provisions of this Agreement shall constitute a restriction xxxxxxxxion or exclusion for the purposes of that Act.

Appears in 1 contract

Samples: Committed Multicurrency Revolving Facility Agreement (Marconi Corp PLC)

Disapplication. the Trustee Act 2000 shall not apply to the duties of the Security Trustee and Intercreditor Agent in relation to the trusts constituted by this Agreement. Where there are any inconsistencies between the Trustee Axx Xxx 0000 and or the Trustee Axx Xxx 0000 and the provisions of this Agreement, the provisions of this Agreement shall, to the extent allowed by law, prevail and, in the case of any inconsistency with the Trustee Axx Xxx 0000, the provisions of this Agreement shall constitute a restriction or exclusion for the purposes of that Act.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Kosmos Energy Ltd.)

Disapplication. the Trustee Act 2000 shall not apply to the duties of the Security Trustee in relation to the trusts constituted by this Agreement. Where there are any inconsistencies between the Trustee Axx Xxx 0000 and or the Trustee Axx Xxx 0000 and the provisions of this Agreement, the provisions of this Agreement shall, to the extent allowed by law, prevail and, in the case of any inconsistency with the Trustee Axx Xxx 0000, the provisions of this Agreement shall constitute a restriction or exclusion for the purposes of that Act.

Appears in 1 contract

Samples: Intercreditor Agreement (InterXion Holding N.V.)

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Disapplication. the Trustee Act 2000 shall not apply to the duties of the Security Trustee in relation to the trusts constituted by this Agreement. Where there are any inconsistencies between the Trustee Axx Xxx 0000 and the Trustee Axx Xxx 0000 and the provisions of this Agreement, the provisions of this Agreement shall, to the extent allowed by law, prevail and, in the case of any inconsistency with the Trustee Axx Xxx 0000, the provisions of this Agreement shall constitute a restriction or exclusion for the purposes of that Act.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Validus Holdings LTD)

Disapplication. the Trustee Act 2000 shall not apply to the duties of the Security Trustee in relation to the trusts constituted by this AgreementDeed. Where there are any inconsistencies between the Trustee Axx 0000 and the Trustee Axx 0000 Acts and the provisions of this AgreementDeed, the provisions of this Agreement Deed shall, to the extent allowed by law, prevail and, in the case of any such inconsistency with the Trustee Axx 0000Act 2000, the provisions of this Agreement Deed shall constitute a restriction resxxxxxxxx or exclusion for the purposes of that Act.

Appears in 1 contract

Samples: Trust Agreement (Marconi Corp PLC)

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