Liability of Cash Manager. (a) The Cash Manager shall indemnify each of the Issuer and the Security Trustee on demand on an after Tax basis for any losses, liabilities, claims, expenses (including any amounts in respect of applicable VAT (including Irrecoverable VAT) in relation thereto) or damages (for the purposes of this Clause 3.5, a Loss) suffered or incurred by any of them in respect of the negligence, fraud or wilful default of the Cash Manager or any of its sub-contractors or delegates, in carrying out its functions as Cash Manager under this Agreement or the other Transaction Documents to which the Cash Manager is a party (in its capacity as such), or as a result of a breach by the Cash Manager of the terms and provisions of this Agreement or such other Transaction Documents to which the Cash Manager is a party (in its capacity as such) in relation to such functions.
Liability of Cash Manager. (a) The Cash Manager shall indemnify each of the Mortgages Trustee, Funding and the Security Trustee on demand for any loss, liability, claim, expense or damage suffered or incurred by any of them in respect of the negligence, bad faith or wilful default of the Cash Manager in carrying out its functions as Cash Manager under this Agreement or under the other Transaction Documents or as a result of a breach by the Cash Manager of the terms and provisions of this Agreement or such other Transaction Documents to which the Cash Manager is a party (in its capacity as such) in relation to such functions.
Liability of Cash Manager. (a) The Cash Manager shall indemnify each of the Guarantor and the Bond Trustee on demand for any loss, liability, claim, expense or damage suffered or incurred by any of them as a result of any breach by the Cash Manager, in its capacity as cash manager, of any covenant or obligation contained in this Agreement or any other Transaction Document to which the Cash Manager, in its capacity as cash manager, is a party, provided such loss, liability, claim, expense or damage to the extent such breach arises is a result of negligence, fraud or wilful misconduct on the part of the Cash Manager.
Liability of Cash Manager. (a) The Cash Manager shall indemnify each of the Mortgages Trustee, Funding 1 and the Security Trustee on demand on an after Tax basis for any loss, liability, claim, expense or damage suffered or incurred by any of them in respect of the negligence, bad faith or wilful default of the Cash Manager in carrying out its functions as Cash Manager under this Agreement or under the other Transaction Documents or as a result of a breach by the Cash Manager of the terms and provisions of this Agreement or such other Transaction Documents to which the Cash Manager is a party (in its capacity as Cash Manager) in relation to such functions.
Liability of Cash Manager. (a) Save as otherwise provided in this Agreement, the Cash Manager shall have no liability for the obligations of the LLP, the Security Trustee and/or any other person under any of the other Transaction Documents or otherwise and nothing herein shall constitute a guarantee, indemnity or similar obligation by or of the Cash Manager of or in relation to the obligations of either the LLP, the Security Trustee and/or any other person under the other Transaction Documents.
Liability of Cash Manager. (a) Subject to Section 3.5(b), the Cash Manager shall indemnify each of the Guarantor and the Bond Trustee on demand for any loss, liability, claim, expense or damage suffered or incurred by any of them as a result of any breach by the Cash Manager, in its capacity as cash manager, of any covenant or obligation contained in this Agreement or any other Transaction Document to which the Cash Manager, in its capacity as cash manager, is a party, provided such loss, liability, claim, expense or damage to the extent such breach arises is a result of negligence, fraud or wilful misconduct on the part of the Cash Manager.
