Common use of Freedom to Refrain Clause in Contracts

Freedom to Refrain. notwithstanding anything else contained in the Security Documents or the other Documents, the Note Trustee may refrain from doing anything which would or might in its opinion be contrary to any law of any jurisdiction or any directive or regulation of any agency or any state of which would or might otherwise render it liable to any person and may do anything which is, in its opinion, necessary to comply with any such law, directive or regulation; and

Appears in 2 contracts

Samples: Turquoise Funding Note Trust Deed (Turquoise Receivables Trustee LTD), Note Trust Deed (Arran Funding LTD)

AutoNDA by SimpleDocs

Freedom to Refrain. notwithstanding Notwithstanding anything else contained in the Security Documents or the other Documents, the Note Trustee may refrain from doing anything which would or might in its opinion be contrary to any law of any jurisdiction or any directive or regulation of any agency or any state of which would or might otherwise render it liable to any person and may do anything which is, in its opinion, necessary to comply with any such law, directive or regulation; and.

Appears in 1 contract

Samples: Note Trust Deed (Barclaycard Funding PLC)

Freedom to Refrain. notwithstanding anything else contained in the Security Documents or the other Documentsherein contained, the Note Trustee may refrain from doing anything which would or might in its opinion be contrary to any law of any jurisdiction or any directive or regulation of any agency or any state of which would or might otherwise render it liable to any person and may do anything which is, in its opinion, necessary to comply with any such law, directive or regulation; and.

Appears in 1 contract

Samples: Tenth Supplemental Trust Deed

AutoNDA by SimpleDocs

Freedom to Refrain. notwithstanding Notwithstanding anything else contained in the Security Documents or the other Documentsherein contained, the Note Trustee may refrain from doing anything which would or might in its opinion be contrary to any law of any jurisdiction or any directive or regulation of any agency or any state of or which would or might otherwise render it liable to any person and may do anything which is, in its opinion, necessary to comply with any such law, directive or regulation; and.

Appears in 1 contract

Samples: Trust Deed (PPL Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!