Common use of Liquidity Facility Provider Clause in Contracts

Liquidity Facility Provider. The Liquidity Facility Provider represents and warrants to the Trustee that: (a) (Execution, delivery and performance): the execution, delivery and performance of this Agreement and each other Transaction Document in relation to the Series Trust to which it is a party does not violate any existing law or regulation or any document or agreement to which it is a party or which is binding upon it or any of its assets; (b) (Corporate power and authorisation): the Liquidity Facility Provider has the power to enter into, and to perform its obligations, and has taken all corporate and other action necessary to authorise the entry into of, and performance of its obligations under, this Agreement and each other Transaction Document in relation to the Series Trust and to which it is a party; and (c) (Legally binding obligation): this Agreement and each of the other Transaction Documents to which it is a party constitute its valid and legally binding obligations subject to stamping and any necessary registration except as such enforceability may be limited by any applicable bankruptcy, insolvency, reorganisation, moratorium or trust or other similar laws affecting creditors' rights generally.