MISCELLANEOUS DUTIES AND PROTECTION. 12.1 Agents are agents of the Issuer (a) (Agent of the Series Trust): Subject to Clause 6.1, each Agent is the agent of the Issuer in its capacity as trustee of the Series Trust only. (b) (Issuer not responsible for Agents): Notwithstanding any other provision contained in this Agreement, any other Transaction Document or at law, the Issuer in its personal capacity is not responsible for any act or omission of any Agent.
Appears in 9 contracts
Samples: Agency Agreement (SMART ABS Series 2016-2us Trust), Agency Agreement (Macquarie Leasing Pty LTD), Agency Agreement (Macquarie Leasing Pty LTD)
MISCELLANEOUS DUTIES AND PROTECTION. 12.1 11.1 Agents are agents of the Issuer
(a) (Agent of the Series Trust): Subject to Clause clause 6.1, each Agent is the agent of the Issuer in its capacity as trustee of the Series Trust only.
(b) (Issuer not responsible for Agents): Notwithstanding any other provision contained in this Agreement, any other Transaction Document or at law, the Issuer in its personal capacity is not responsible for any act or omission of any Agent.
Appears in 2 contracts
Samples: Agency Agreement (Securitisation Advisory Services Pty LTD 2000 Med Trust), Agency Agreement (Securitisation Advisory Services Pty LTD)