General provisions relating to termination. (a) Termination of the appointment of the Eighth Issuer Cash Manager under this Agreement shall be without prejudice to the liabilities of the Eighth Issuer and the Security Trustee to the Eighth Issuer Cash Manager or vice versa incurred before the date of such termination. The Eighth Issuer Cash Manager shall have no right of set-off or any lien in respect of such amounts against amounts held by it on behalf of the Eighth Issuer or the Security Trustee.
Appears in 2 contracts
Samples: Management Agreement (Permanent Financing (No. 8) PLC), Management Agreement (Permanent Mortgages Trustee LTD)
General provisions relating to termination. (a) Termination of this Agreement or the appointment of the Eighth Ninth Issuer Cash Manager under this Agreement shall be without prejudice to the liabilities of the Eighth Ninth Issuer and the Ninth Issuer Security Trustee to the Eighth Ninth Issuer Cash Manager or vice versa incurred before the date of such termination. The Eighth Ninth Issuer Cash Manager shall have no right of set-off or any lien in respect of such amounts against amounts held by it on behalf of the Eighth Ninth Issuer or the Ninth Issuer Security Trustee.
Appears in 2 contracts
Samples: Management Agreement (HOLMES FINANCING (No. 9) PLC), Management Agreement (HOLMES FINANCING (No. 9) PLC)
General provisions relating to termination. (a) Termination of this Agreement or the appointment of the Eighth Seventh Issuer Cash Manager under this Agreement shall be without prejudice to the liabilities of the Eighth Seventh Issuer and the Seventh Issuer Security Trustee to the Eighth Seventh Issuer Cash Manager or vice versa incurred before the date of such termination. The Eighth Seventh Issuer Cash Manager shall have no right of set-off or any lien in respect of such amounts against amounts held by it on behalf of the Eighth Seventh Issuer or the Seventh Issuer Security Trustee.
Appears in 1 contract
General provisions relating to termination. (a) Termination of the appointment of the Eighth Seventh Issuer Cash Manager under this Agreement shall be without prejudice to the liabilities of the Eighth Seventh Issuer and the Security Trustee to the Eighth Seventh Issuer Cash Manager or vice versa incurred before the date of such termination. The Eighth Seventh Issuer Cash Manager shall have no right of set-off or any lien in respect of such amounts against amounts held by it on behalf of the Eighth Seventh Issuer or the Security Trustee.
Appears in 1 contract
Samples: Management Agreement (Permanent Mortgages Trustee LTD)