Common use of Limitation on Trustee’s Liability Clause in Contracts

Limitation on Trustee’s Liability. The Trustee enters into this Agreement only in its capacity as trustee of the Series Trust and in no other capacity. A liability incurred by the Trustee acting in its capacity as trustee of the Series Trust arising under or in connection with this Agreement is limited to and can be enforced against the Trustee only to the extent to which it can be satisfied out of the Assets of the Series Trust out of which the Trustee is actually indemnified for the liability. This limitation of the Trustee's liability applies despite any other provision of this Agreement (other than clause 15.3) 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.

Appears in 8 contracts

Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD)

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Limitation on Trustee’s Liability. The Trustee enters into this Agreement only in its capacity as trustee of the Series Trust and in no other capacity. A liability incurred by the Trustee acting in its capacity as trustee of the Series Trust arising under or in connection with this Agreement is limited to and can be enforced against the Trustee only to the extent to which it can be satisfied out of the Assets of the Series Trust out of which the Trustee is actually indemnified for the liability. This limitation of the Trustee's liability applies despite any other provision of this Agreement (other than clause 15.313.3) 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.

Appears in 7 contracts

Samples: Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD), Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD), Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD)

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Limitation on Trustee’s Liability. The Trustee enters into this Agreement only in its capacity as trustee of the Series Trust and in no other capacity. A liability incurred by the Trustee acting in its capacity as trustee of the Series Trust arising under or in connection with this Agreement is limited to and can be enforced against the Trustee only to the extent to which it can be satisfied out of the Assets of the Series Trust out of which the Trustee is actually indemnified for the liability. This limitation of the Trustee's liability applies despite any other provision of this Agreement (other than clause 15.3) 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

Appears in 2 contracts

Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD 2000 Med Trust), Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD)

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