Common use of ENTITLED TO DEAL Clause in Contracts

ENTITLED TO DEAL. An Agent is not precluded from acquiring, holding or dealing in any US$ Notes or from engaging or being interested in any contract or other financial or other transaction with the Issuer or the Manager as freely as if it were not an agent of the Issuer under this Agreement and in no event whatsoever (other than fraud, wilful default or negligence) will any Agent be liable to account to the Issuer or any person entitled to receive amounts of principal or interest on the US$ Notes for any profit made or fees or commissions received in connection with this agreement or any US$ Notes.

Appears in 9 contracts

Samples: Agency Agreement (SMART ABS Series 2016-2us Trust), Agency Agreement (Macquarie Leasing Pty LTD), Agency Agreement (Macquarie Leasing Pty LTD)

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ENTITLED TO DEAL. An Agent is not precluded from acquiring, holding or dealing in any US$ Offered Notes or from engaging or being interested in any contract or other financial or other transaction with the Issuer or the Manager as freely as if it were not an agent of the Issuer under this Agreement and in no event whatsoever (other than fraud, wilful default or negligence) will any Agent be liable to account to the Issuer or any person entitled to receive amounts of principal or interest on the US$ Offered Notes for any profit made or fees or commissions received in connection with this agreement or any US$ Offered Notes.

Appears in 5 contracts

Samples: Agency Agreement (Medallion Trust Series 2007-1g), Agency Agreement (Securitisation Advisory Services Pty LTD), Agency Agreement (Securitisation Advisory Services Pty LTD)

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