Indemnity on Demand. 18 16.2 Losses on Liquidation or Re-employment of Deposits.........18 16.3
Indemnity on Demand. 18 16.2 Losses on Liquidation or Re-employment of Deposits.........18 16.3 Payment on Monthly Distribution Date.......................19
Indemnity on Demand. Subject to clause 15, the Trustee will on demand indemnify the Liquidity Facility Provider against any loss, cost or expenses which the Liquidity Facility Provider may sustain or incur as a consequence of:
(a) (OVERDUE SUMS): any sum payable by the Trustee under this Agreement not being paid when due;
(b) (EVENT OF DEFAULT): the occurrence of any Event of Default;
(c) (FAILURE TO PROVIDE ADVANCE): an Advance requested in a Drawdown Notice not being provided for any reason including failure to fulfil any condition precedent but excluding any matter within the control of the Liquidity Facility Provider; or
(d) (PAYMENT OF PRINCIPAL): the Liquidity Facility Provider receiving payments of principal other than on the Quarterly Distribution Date immediately following the last day of the relevant Interest Period for any reason.
Indemnity on Demand. Subject to clause 13, the Trustee will on demand indemnify the Standby Redraw Facility Provider against any loss, cost or expenses which the Standby Redraw Facility Provider may sustain or incur as a consequence of:
(a) (OVERDUE SUMS): any sum payable by the Trustee under this Agreement not being paid when due;
(b) (EVENT OF DEFAULT): the occurrence of any Event of Default;
(c) (FAILURE TO PROVIDE ADVANCE): an Advance requested in a Drawdown Notice not being provided for any reason including failure to fulfil any condition precedent but excluding any matter within the control of the Standby Redraw Facility Provider; or
(d) (PAYMENT OF PRINCIPAL): the Standby Redraw Facility Provider receiving payments of principal other than on the Quarterly Distribution Date immediately following the last day of the relevant Interest Period for any reason.
Indemnity on Demand. Subject to clause 14, the Borrower will on demand indemnify the Redraw Facility Provider against any loss, cost or expenses which the Redraw Facility Provider may sustain or incur as a consequence of any act or omission of the Borrower which gives rise to any of the following:
Indemnity on Demand. Subject to clause 13, the Trustee will on demand indemnify the Standby Redraw Facility Provider against any loss, cost or expenses which the Standby Redraw Facility Provider may sustain or incur as a consequence of:
(a) (Overdue sums): any sum payable by the Trustee under this Agreement not being paid when due;
(b) (Event of Default): the occurrence of any Event of Default;
(c) (Failure to provide Advance): an Advance requested in a Drawdown Notice not being provided for any reason including failure to fulfil any condition precedent but excluding any matter within the control of the Standby Redraw Facility Provider; or
(d) (Payment of principal): the Standby Redraw Facility Provider receiving payments of principal other than on the last day of the relevant Interest Period for any reason.
Indemnity on Demand. Subject to clause 15, the Trustee will on demand indemnify the Liquidity Facility Provider against any loss, cost or expenses which the Liquidity Facility Provider may sustain or incur as a consequence of:
(a) (Overdue sums): any sum payable by the Trustee under this Agreement not being paid when due;
(b) (Event of Default): the occurrence of any Event of Default;
(c) (Failure to provide Advance): an Advance requested in a Drawdown Notice not being provided for any reason including failure to fulfil any condition
Indemnity on Demand. 16 16.2 Losses on Liquidation or Re-employment of Deposits 17 16.3 Payment on Distribution Date 17 17. MISCELLANEOUS 17 17.1 Stamp Duties 17 17.2 Waiver 17 17.3 Written Waiver, Consent and Approval 18 17.4 Severability 18 17.5 Survival of Indemnities 18 17.6 Successors and Assigns 18 17.7 Moratorium Legislation 18 17.8 Amendments 18 17.9 Governing Law 18 17.10 Jurisdiction 18 17.11 Counterparts 19 SCHEDULE - DRAWDOWN NOTICE 20 THIS STANDBY REDRAW FACILITY AGREEMENT is made in Sydney on 2000 BETWEEN COMMONWEALTH BANK OF AUSTRALIA, ACN 123 123 124, a company incorporated in the Australian Capital Territory and having an office at Xxxxx 0, 00 Xxxxxx Xxxxx, Sydney, Australia (the "Standby Redraw Facility Provider") AND PERPETUAL TRUSTEE COMPANY LIMITED, ACN 000 001 007, a company incorporated in the State of New South Wales and having an office at Xxxxx 0, 00 Xxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxx, in its capacity as trustee of the Series Trust (the "Trustee") AND SECURITISATION ADVISORY SERVICES PTY. LIMITED, ACN 064 133 946, a company incorporated in the State of New South Wales and having an office at Xxxxx 0, 00 Xxxxxx Xxxxx, Sydney, Australia ("SAS" and also hereinafter included within the expression the "Manager")
Indemnity on Demand. Subject to clause 15, the Trustee will on demand indemnify the Liquidity Facility Provider against any loss, cost or expenses which the Liquidity Facility Provider may sustain or incur as
(a) (Overdue sums): any sum payable by the Trustee under this Agreement not being paid when due;
(b) (Event of Default): the occurrence of any Event of Default;
(c) (Failure to provide Advance): an Advance requested in a Drawdown Notice not being provided for any reason including failure to fulfil any condition precedent but excluding any matter within the control of the Liquidity Facility Provider; or
(d) (Payment of principal): the Liquidity Facility Provider receiving payments of principal other than on the last day of the relevant Interest Period for any reason.
Indemnity on Demand. Subject to clause 13, the Trustee will on demand indemnify the Standby Redraw Facility Provider against any loss, cost or expenses which the Standby Redraw Facility Provider may sustain or incur as a consequence of:
