Liability of Issuer Cash Manager. (a) The Issuer Cash Manager shall indemnify each of the Issuer and the Issuer Security Trustee on demand on an after Tax basis for any loss, liability, claim, expense or damage suffered or incurred by it in respect of the negligence, fraud, bad faith, wilful misconduct or wilful default of the Issuer Cash Manager in carrying out its functions as Issuer Cash Manager under this Agreement or under the other Issuer Transaction Documents or as a result of a breach by the Issuer Cash Manager of the terms and provisions of this Agreement or such other Issuer Transaction Documents to which the Issuer Cash Manager is a party (in its capacity as such) in relation to such functions.
Appears in 8 contracts
Samples: Issuer Cashmanagement Agreement, Issuer Cash Management Agreement, Issuer Cashmanagement Agreement
