Common use of EXTENT OF SECURITY TRUSTEE'S LIABILITY Clause in Contracts

EXTENT OF SECURITY TRUSTEE'S LIABILITY. For each Series, the Security Trustee shall not, nor shall any Receiver appointed as aforesaid nor any attorney, agent or delegate of the Security Trustee by reason of taking possession of or having assigned to it all or any of the Secured Property relating to such Series or any other reason whatsoever and whether as mortgagee in possession or on any other basis whatsoever be liable to account for anything except actual receipts or be liable for any loss or damage arising from realisation of, or enforcement of rights in respect of, all or any of the Secured Property relating to such Series or any other property, assets, rights or undertakings of whatsoever nature (including but not limited to any other Secured Property) whether or not owned by the Loan Note Issuer or any other person or in which the Loan Note Issuer or such other person has an interest, from any act, default or omission in relation to all or any of the Secured Property relating to such Series or any other property, assets, rights or undertakings of whatsoever nature (including but not limited to any other Secured Property) whether or not owned by the Loan Note Issuer or any other person or in which the Loan Note Issuer or such other person has an interest, or from any exercise or non-exercise by it of any power, authority or discretion conferred upon it in relation to all or any of the Secured Property relating to such Series or any other property, assets, rights or undertakings of whatsoever nature (including but not limited to any other Secured Property) whether or not owned by the Loan Note Issuer or any other person or in which the Loan Note Issuer or such other person has an interest, by or pursuant to this Deed as supplemented by the relevant Loan Note Supplement relating to such Series or otherwise.

EXTENT OF SECURITY TRUSTEE'S LIABILITY. For each Series, the Security Trustee shall not, nor shall any Receiver appointed as aforesaid nor any attorney, agent or delegate of the Security Trustee by reason of taking possession of or having assigned to it all or any of the Secured Property relating to such Series or any other reason whatsoever and whether as mortgagee in possession or on any other basis whatsoever be liable to account for anything except actual receipts or be liable for any loss or damage arising from realisation of, or enforcement of rights in respect of, all or any of the Secured Property relating to such Series or any other property, assets, rights or undertakings of whatsoever nature (including but not limited to any other Secured Property) whether or not owned by the Loan Note Issuer or any other person or in which the Loan Note Issuer or such other person has an interest, from any act, default or omission in relation to all or any of the Secured Property relating to such Series or any other property, assets, rights or undertakings of whatsoever nature (including but not limited to any other Secured Property) whether or not owned by the Loan Note Issuer or any other person or in which the Loan Note Issuer or such other person has an interest, or from any exercise or non-exercise by it of any power, authority or discretion conferred upon it in relation to all or any of the Secured Property relating to such Series or any other property, assets, rights or undertakings of whatsoever nature (including but not limited to any other Secured Property) whether or not owned by the Loan Note Issuer or any other person or in which the Loan Note Issuer or such other person has an interest, by or pursuant to this Security Trust Deed as supplemented by the relevant Loan Note Supplement relating to such Series or otherwise.

EXTENT OF SECURITY TRUSTEE'S LIABILITY. For each SeriesSeries of Loan Notes, the Security Trustee shall not, nor shall any Receiver appointed as aforesaid nor any attorney, agent or delegate of the Security Trustee by reason of taking possession of or having assigned to it all or any of the Secured Property relating to such Series of Loan Notes or for any other reason whatsoever and whether as mortgagee in possession or on any other basis whatsoever be liable to account for anything except actual receipts or be liable for any loss or damage arising from realisation of, or enforcement of rights in respect of, all or any of the Secured Property relating to such Series of Loan Notes or any other property, assets, rights or undertakings of whatsoever nature (including but not limited to any other Secured Property) whether or not owned by the Loan Note Issuer or any other person or in which the Loan Note Issuer or such other person has an interest, from any act, default or omission in relation to all or any of the Secured Property relating to such Series of Loan Notes or any other property, assets, rights or undertakings of whatsoever nature (including but not limited to any other Secured Property) whether or not owned by the Loan Note Issuer or any other person or in which the Loan Note Issuer or such other person has an interest, or from any exercise or non-exercise by it of any power, authority or discretion conferred upon it in relation to all or any of the Secured Property relating to such Series of Loan Notes or any other property, assets, rights or undertakings of whatsoever nature (including but not limited to any other Secured Property) whether or not owned by the Loan Note Issuer or any other person or in which the Loan Note Issuer or such other person has an interest, by or pursuant to this Deed as supplemented by the relevant Loan Note Supplement relating to such Series of Loan Notes or otherwise.