Common use of Grantor’s duty of care Clause in Contracts

Grantor’s duty of care. In respect of each Funded Participation the Grantor shall comply in a timely manner with its obligations under the Relevant Portfolio Documentation applicable to that Funded Participation and exercise the same degree of care with regard to the relevant Participation Commitment as it would if it had not entered into that Funded Participation.

Grantor’s duty of care. In respect of each Funded Participation the The Grantor shall comply in a timely manner with its obligations under the Relevant Portfolio Credit Documentation applicable to that Funded Participation and exercise the same degree of care with regard to the relevant Participation Commitment as it would if it had not entered into that the Funded Participation.