Common use of Good discharge to Issuer Clause in Contracts

Good discharge to Issuer. The payment by or on behalf of the Issuer of its payment obligations on each Distribution Date under the Series Supplement and the US$ Note Conditions to the US$ Note Trustee in accordance with Clause 6.1 is a good discharge to the Issuer and the Issuer will not be liable for any act or omission or default of the US$ Note Trustee during the period it is required to make payments to the US$ Note Trustee under Clause 6.1.

Appears in 9 contracts

Samples: Agency Agreement (SMART ABS Series 2016-2us Trust), Agency Agreement (Macquarie Leasing Pty LTD), Agency Agreement (Macquarie Leasing Pty LTD)

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Good discharge to Issuer. The payment by or on behalf of the Issuer of its payment obligations on each Distribution Date under the Series Supplement and the US$ Class A-1 Note Conditions to the US$ Class A-1 Note Trustee in accordance with Clause clause 6.1 is a good discharge to the Issuer and the Issuer will not be liable for any act or omission or default of the US$ Class A-1 Note Trustee during the period it is required to make payments to the US$ Class A-1 Note Trustee under Clause clause 6.1.

Appears in 2 contracts

Samples: Agency Agreement (Securitisation Advisory Services Pty LTD), Agency Agreement (Securitisation Advisory Services Pty LTD 2000 Med Trust)

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Good discharge to Issuer. The payment by or on behalf of the Issuer of its payment obligations on each Distribution Date under the Series Supplement and the US$ US Dollar Note Conditions to the US$ US Dollar Note Trustee in accordance with Clause clause 6.1 is a good discharge to the Issuer and the Issuer will not be liable for any act or omission or default of the US$ US Dollar Note Trustee during the period it is required to make payments to the US$ US Dollar Note Trustee under Clause clause 6.1.

Appears in 1 contract

Samples: Agency Agreement (Securitisation Advisory Services Pty LTD)

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