Common use of Duties prescribed by Transaction Documents Clause in Contracts

Duties prescribed by Transaction Documents. For the avoidance of doubt and in connection with the powers conferred under Clause 2.1 (Appointment), the Cash Manager undertakes only to perform those duties as are expressly set out herein or otherwise as set out in the Transaction Documents and, save as expressly provided elsewhere in this Agreement, nothing in this Agreement shall be construed so as to give the Cash Manager any powers, rights, authorities, directions or obligations other than as specified in this Agreement or any of the other Transaction Documents to which it is a party, except the Cash Manager shall have full power, authority and right to do or cause to be done any and all things which it considers necessary, desirable or incidental to the exercise of its rights, powers and discretions and obligations contained in this Agreement. The Cash Manager authorises those persons (or such other persons as are agreed in writing between the Cash Manager and the Issuer and notified to the Security Trustee) listed in Schedule 4 (Authorised Signatories) hereto to operate and manage the Issuer Accounts.

Appears in 3 contracts

Samples: Cash Management Agreement, Cash Management Agreement, Cash Management Agreement

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Duties prescribed by Transaction Documents. For the avoidance of doubt and in connection with the powers conferred under Clause 2.1 (Appointment), the Cash Manager undertakes only to perform those duties as are expressly set out herein or otherwise as set out in the Transaction Documents and, save as expressly provided elsewhere in this Agreement, nothing in this Agreement shall be construed so as to give the Cash Manager any powers, rights, authorities, directions or obligations other than as specified in this Agreement or any of the other Transaction Documents to which it is a party, except the Cash Manager shall have full power, authority and right to do or cause to be done any and all things which it considers necessary, desirable or incidental to the exercise of its rights, powers and discretions and obligations contained in this Agreement. The Cash Manager authorises those persons (or such other persons as are agreed in writing between the Cash Manager and the Issuer and notified to the Security Trustee) listed in Schedule 4 (Authorised Signatories) hereto to operate and manage the Issuer Accounts.

Appears in 1 contract

Samples: Cash Management Agreement

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