Common use of Following enforcement of the Security or issue of Definitive Notes Clause in Contracts

Following enforcement of the Security or issue of Definitive Notes. At any time after either an Event of Default (as defined in the Master Security Trust Deed) (unless waived by the Security Trustee pursuant to clause 9.5 of the Master Security Trust Deed) or the enforcement of the Security or at any time after Definitive Notes in relation to a Class or Sub-Class of US$ Notes have not been issued when required in accordance with the US$ Note Conditions, the US$ Note Trustee may: (a) (Require Agents): by notice in writing to the Issuer, the Manager and each Agent require any one or more of the Agents either: (i) (A) to act as the Agent of the US$ Note Trustee on the terms and conditions of this Agreement in relation to payments to be made by or on behalf of the US$ Note Trustee under the terms of the US$ Note Trust Deed, except that the US$ Note Trustee’s liability under any provision of this Agreement for the indemnification of the Principal Paying Agent, the Paying Agents and the Agent Bank will be limited to any amount for the time being held by the US$ Note Trustee on the trust of the US$ Note Trust Deed and which is available to be applied by the US$ Note Trustee for that purpose; and