No liability except for negligence etc. Except to the extent caused by the fraud, negligence or Default on its part or on the part of any of its officers or employees, or any agents or delegate, sub-agent, sub-delegate employed by the Trustee in accordance with this Deed (and where this Deed provides that the Trustee is liable for the acts or omissions of any such person) or by the Manager to carry out any transactions contemplated by this Deed, the Trustee shall not be liable personally for any losses, costs, liabilities or claims arising from the failure to pay moneys on the due date for payment to any Noteholder, any Beneficiary, the Manager or any other person or for any loss howsoever caused in respect of any of the Trusts or to any Noteholder, any Beneficiary, the Manager or other person.
No liability except for negligence etc. In the absence of fraud, negligence or wilful default on the Note Trustee's part or on the part of any of its officers or employees, or any agent or delegate, sub-agent, sub-delegate employed by the Note Trustee in accordance with this deed (and where this deed provides that the Note Trustee is liable for the acts or omissions of any such person) to carry out any transactions contemplated by this deed, the Note Trustee shall not be liable personally for any losses, costs, liabilities or claims arising from the failure to pay moneys on the due date for payment to any Noteholder or any other person or for any loss howsoever caused in respect of the Trust or to any Noteholder or other person.
No liability except for negligence etc. Except to the extent caused by the fraud, negligence or wilful default on the Note Trustee's part or on the part of any of its officers or employees, or any agents or delegate, sub-agent, sub-delegate employed by the Note Trustee in accordance with this deed (and where this deed provides that the Note Trustee is liable for the acts or omissions of any such person) to carry out any transactions contemplated by this deed, the Note Trustee shall not be liable for any losses, costs, liabilities or claims arising from the failure to pay moneys on the due date for payment to any Class A Offered Noteholder or any other person or for any loss howsoever caused in respect of any of the Securitisation Fund or to any Class A Offered Noteholder or other person. The Note Trustee is not obliged to take any action under this deed unless it is indemnified to its reasonable satisfaction against all actions, proceedings, claims and demands to which it may render itself liable and all costs, charges, damages and expenses which it may incur by so doing.
No liability except for negligence etc. Except to the extent caused by the fraud, negligence, default or breach of trust on the Note Trustee's part or on the part of any of its officers or employees, or any agents or delegate, sub-agent, sub-delegate employed by the Note Trustee in accordance with this Deed (and where this Deed provides that the Note Trustee is liable for the acts or omissions of any such person) to carry out any transactions contemplated by this Xxxx, the Note Trustee shall not be liable for any losses, costs, liabilities or claims arising from the failure to pay moneys on the due date for payment to any US$ Noteholder or any other person or for any loss howsoever caused in respect of any of the Trust or to any US$ Noteholder or other person. The Note Trustee is not obliged to take any action under this Deed unless it is indemnified to its reasonable satisfaction against all actions, proceedings, -------------------------------------------------------------------------------- PAGE 51 NOTE TRUST DEED XXXXX XXXXX & XXXXXXX -------------------------------------------------------------------------------- claims and demands to which it may render itself liable and all costs, charges, damages and expenses which it may incur by so doing.
No liability except for negligence etc. Except to the extent caused by the fraud, negligence or breach of trust on the Security Trustee's part or on the part of any of its officers or employees, or any agents or delegate, sub-agent, sub-delegate employed by the Security Trustee in accordance with this deed (and where this deed provides that the Security Trustee is liable for the acts or omissions of any such person) to carry out any transactions contemplated by this deed, the Security Trustee shall not be liable personally for any losses, costs, liabilities or claims arising from the failure to pay moneys on the due date for payment to any Mortgagee or any other person or for any loss howsoever caused in respect of any of the Trust or to any Mortgagee or other person.
No liability except for negligence etc. Except to the extent caused by the fraud, negligence or wilful default on the Note Trustee's part or on the part of any of its officers or employees, or any agents or delegate, sub-agent, sub-delegate employed by the Note Trustee in accordance with this deed (and where this deed provides that the Note Trustee is liable for the acts or omissions of any such person) to carry out any transactions contemplated by this deed, the Note Trustee shall not be liable for any losses, costs, liabilities or claims arising from the failure to pay moneys on the due date for payment to any Offshore Noteholder or any other person or for any loss howsoever caused in respect of any of the Trust or to any Offshore Noteholder or other person. The Note Trustee is not obliged to take any action under this deed unless it is indemnified to its satisfaction against all actions, proceedings, claims and demands to which it may render itself liable and all costs, charges, damages and expenses it may incur in doing so, to the extent permitted by law. -------------------------------------------------------------------------------- Page 51 + Note Trust Deed Allens Arthur Robinsxx --------------------------------------------------------------------------------
No liability except for negligence etc. Except to the extent caused by the fraud, negligence or breach of trust on the Security Trustee's part or on the part of any of its officers or employees, or any agents or delegate, sub-agent, sub-delegate employed by the Security Trustee in accordance with this deed (and where this deed provides that the Security Trustee is liable for the acts or omissions of any such person) to carry out any transactions contemplated by this deed, the Security Trustee shall not be liable personally for any losses, costs, liabilities or claims arising from the failure to pay moneys on the due date for payment to any Mortgagee or any other person or for any loss howsoever caused in respect of any of the Trust or to any Mortgagee or other person. -------------------------------------------------------------------------------- Page 58 Security Trust Xxxx Xxxxx Xxxxx & Xxxxxxx --------------------------------------------------------------------------------
