Common use of No Liability for Servicer Default Clause in Contracts

No Liability for Servicer Default. Neither the Trustee nor the Manager or their respective delegates (as the case may be) is liable for any Servicer Default except to the extent that the Servicer Default is caused by the Trustee's or the Manager's or their respective delegate's (as the case may be) fraud, negligence or wilful default. -------------------------------------------------------------------------------- 19. Remuneration of Manager, Trustee, Servicer and Security Trustee

Appears in 2 contracts

Samples: Series Supplement (Securitisation Advisory Services Pty LTD), Series Supplement (Securitisation Advisory Services Pty LTD)

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No Liability for Servicer Default. Neither the Trustee nor the Manager or their respective delegates (as the case may be) is liable for any Servicer Default except to the extent that the Servicer Default is caused by the Trustee's or the Manager's or their respective delegate's (as the case may be) fraud, negligence or wilful default. -------------------------------------------------------------------------------- 19. Remuneration of ManagerREMUNERATION OF MANAGER, TrusteeTRUSTEE, Servicer and Security TrusteeSERVICER AND SECURITY TRUSTEE

Appears in 1 contract

Samples: Series Supplement (Securitisation Advisory Services Pty LTD)

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No Liability for Servicer Default. Neither the Trustee nor the Manager or their respective delegates (as the case may be) is liable for any Servicer Default except to the extent that the Servicer Default is caused by the Trustee's or the Manager's or their respective delegate's (as the case may be) fraud, negligence or wilful default. -------------------------------------------------------------------------------- 19. Remuneration of Manager, Trustee, Servicer and Security Trustee--------------------------------------------------------------------------------

Appears in 1 contract

Samples: Series Supplement (Securitisation Advisory Services Pty LTD)

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