No Supervision. The Security Trustee shall not be obliged to monitor or supervise the performance by any substitute Administrator of its duties hereunder or in relation to the other Transaction Documents, nor shall the Security Trustee be responsible or liable for any act or omission of such substitute Administrator or for any loss caused thereby.
Appears in 13 contracts
Samples: Administration Agreement (Granite Mortgages 03-3 PLC), Administration Agreement (Granite Mortgages 03-3 PLC), Administration Agreement (Granite Mortgages 03-3 PLC)
