Common use of LIABILITY OF TRUSTEE LIMITED TO ITS RIGHT TO INDEMNITY Clause in Contracts

LIABILITY OF TRUSTEE LIMITED TO ITS RIGHT TO INDEMNITY. (a) The Trustee enters into this agreement only in its capacity as trustee of the Trust and in no other capacity (except where the Transaction Documents provide otherwise). Subject to paragraph (c) below, a liability arising under or in connection with this agreement or the Trust can be enforced against the Trustee only to the extent to which it can be satisfied out of the assets and property of the Trust which are available to satisfy the right of the Trustee to be exonerated or indemnified for the liability. This limitation of the Trustee's liability applies despite any other provision of this agreement and extends to all liabilities and obligations of the Trustee in any way connected with any representation, warranty, conduct, omission, agreement or transaction related to this agreement or the Trust.

Appears in 12 contracts

Samples: Seller Loan Agreement (Crusade Management LTD), Redraw Facility Agreement (Crusade Management LTD), Seller Loan Agreement (Crusade Management LTD)

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LIABILITY OF TRUSTEE LIMITED TO ITS RIGHT TO INDEMNITY. (a) The This agreement applies to the Trustee enters into this agreement only in its capacity as trustee of the Trust and in no other capacity (except where the Transaction Documents provide otherwise). Subject to paragraph (c) below, a liability arising under or in connection with this agreement or the Trust can be enforced against the Trustee only to the extent to which it can be satisfied out of the assets and property of the Trust which are available to satisfy the right of the Trustee to be exonerated or indemnified for the liability. This limitation of the Trustee's liability applies despite any other provision of this agreement and extends to all liabilities and obligations of the Trustee in any way connected with any representation, warranty, conduct, omission, agreement or transaction related to this agreement or the Trust.

Appears in 6 contracts

Samples: Agency Agreement (Crusade Management LTD), Agency Agreement (Crusade Management LTD), Redraw Facility Agreement (Crusade Management LTD)

LIABILITY OF TRUSTEE LIMITED TO ITS RIGHT TO INDEMNITY. (a) The This agreement applies to Trustee enters into this agreement only in its capacity as trustee of the Trust and in no other capacity (except where the Transaction Documents provide otherwise). Subject to paragraph (c) below, a liability arising under or in connection with this agreement or the Trust can be enforced against the Trustee only to the extent to which it can be satisfied out of the assets and property of the Trust which are available to satisfy the right of the Trustee to be exonerated or indemnified for the liability. This limitation of the Trustee's liability applies despite any other provision of this agreement and extends to all liabilities and obligations of the Trustee in any way connected with any representation, warranty, conduct, omission, agreement or transaction related to this agreement or the Trust.

Appears in 3 contracts

Samples: Seller Loan Agreement (Crusade Management LTD), Seller Loan Agreement (Crusade Management LTD), Seller Loan Agreement (Crusade Management LTD)

LIABILITY OF TRUSTEE LIMITED TO ITS RIGHT TO INDEMNITY. (a) The Trustee enters into this agreement Agreement only in its capacity as trustee of the Trust and in no other capacity (except where the Transaction Documents provide otherwise). Subject to paragraph (c) below, a liability arising under or in connection with this agreement Agreement or the Trust can be enforced against the Trustee only to the extent to which it can be satisfied out of the assets and property of the Trust which are available to satisfy the right of the Trustee to be exonerated or indemnified for the liability. This limitation of the Trustee's liability applies despite any other provision of this agreement Agreement and extends to all liabilities and obligations of the Trustee in any way connected with any representation, warranty, conduct, omission, agreement or transaction related to this agreement Agreement or the Trust.

Appears in 3 contracts

Samples: Agency Agreement (Crusade Management LTD), Agency Agreement (Crusade Management LTD), Agency Agreement (Crusade Management LTD)

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LIABILITY OF TRUSTEE LIMITED TO ITS RIGHT TO INDEMNITY. (a) The This deed applies to the Trustee enters into this agreement only in its capacity as trustee of the Trust and in no other capacity (except where the Transaction Documents provide otherwise). Subject to paragraph (c) below, a liability arising under or in connection with this agreement deed or the Trust can be enforced against the Trustee only to the extent to which it can be satisfied out of the assets and property of the Trust which are available to satisfy the right of the Trustee to be exonerated or indemnified for the liability. This limitation of the Trustee's liability applies despite any other provision of this agreement deed and extends to all liabilities and obligations of the Trustee in any way connected with any representation, warranty, conduct, omission, agreement or transaction related to this agreement deed or the Trust.

Appears in 1 contract

Samples: Agency Agreement (Crusade Global Trust No. 2 of 2006)

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