Common use of Investigation by Trustee Clause in Contracts

Investigation by Trustee. The Manager, each Servicer, each Approved Seller, each Noteholder and the Beneficiary of each Trust acknowledges that: Page (87) Master Trust Xxxx Xxxxx Xxxxx & Xxxxxxx -------------------------------------------------------------------------------- (a) the Trustee has no duty, and is under no obligation, to investigate whether a Manager's Default, Servicer Transfer Event or Title Perfection Event has occurred in relation to that Trust other than where it has actual notice; (b) the Trustee is required to provide the notices referred to in this Deed in respect of a determination of Material Adverse Effect only if it is actually aware of the facts giving rise to the Material Adverse Effect; and (c) in making any such determination, the Trustee will seek and rely on advice given to it by its advisors in a manner contemplated by this Deed.