Common use of General provisions relating to termination Clause in Contracts

General provisions relating to termination. (a) Termination of the appointment of the Sixth Issuer Cash Manager under this Agreement shall be without prejudice to the liabilities of the Sixth Issuer and the Security Trustee to the Sixth Issuer Cash Manager or vice versa incurred before the date of such termination. The Sixth 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 Sixth Issuer or the Security Trustee.

Appears in 2 contracts

Samples: Management Agreement (Permanent Mortgages Trustee LTD), Management Agreement (Permanent Financing (No. 6) PLC)

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General provisions relating to termination. (a) Termination of this Agreement or the appointment of the Sixth Issuer Cash Manager under this Agreement shall be without prejudice to the liabilities of the Sixth Issuer and the Sixth Issuer Security Trustee to the Sixth Issuer Cash Manager or vice versa incurred before the date of such termination. The Sixth 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 Sixth Issuer or the Sixth Issuer Security Trustee.

Appears in 1 contract

Samples: Management Agreement (Holmes Financing No 6 PLC)

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General provisions relating to termination. (a) Termination of the appointment of the Sixth Fifth Issuer Cash Manager under this Agreement shall be without prejudice to the liabilities of the Sixth Fifth Issuer and the Security Trustee to the Sixth Fifth Issuer Cash Manager or vice versa incurred before the date of such termination. The Sixth Fifth 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 Sixth Fifth Issuer or the Security Trustee.

Appears in 1 contract

Samples: Permanent Financing (No. 5) PLC

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