Common use of NOTE TRUSTEE'S RELIANCE Clause in Contracts

NOTE TRUSTEE'S RELIANCE. ON TRUST MANAGER OR SECURITY TRUSTEE (a) (AUTHORISED SIGNATORIES ARE SUFFICIENT EVIDENCE) Subject to clause 13.2, whenever any certificate, notice, proposal, direction, instruction or other communication is to be given by the Trust Manager or the Security Trustee to the Note Trustee, the Note Trustee may -------------------------------------------------------------------------------- Page 41 Note Trust Xxxx Xxxxxx Xxxxxx Xxxxxxxx -------------------------------------------------------------------------------- accept as sufficient the form and content of a document unless it has reason to believe that the relevant document was not signed on behalf of the Trust Manager or the Security Trustee (as the case may be) or by any Authorised Signatory of the Trust Manager or the Security Trustee (as the case may be). (b) (NOTE TRUSTEE NOT LIABLE FOR LOSS) The Note Trustee shall not be responsible for any loss arising from any act, neglect, mistake or discrepancy of the Trust Manager or the Security Trustee or any officer, employee, agent or delegate of the Trust Manager or the Security Trustee in preparing any such document or in compiling, verifying or calculating any matter or information contained in any such document, if the officers of the Note Trustee responsible for the administration of the Trust are not actually aware that such document is not genuine and correct, whether or not an error in any such information, document, form or list is reproduced by the Note Trustee in any step taken by it.

NOTE TRUSTEE'S RELIANCE. ON TRUST MANAGER OR MANAGER, SECURITY TRUSTEE, TRUSTEE OR SERVICER (a) (AUTHORISED SIGNATORIES ARE SUFFICIENT EVIDENCE) Subject to clause 13.2, whenever Whenever any certificate, notice, proposal, direction, instruction instruction, document or other communication is to be given by the Trust Manager or the Security Trustee to the Note Trustee, the Note Trustee may -------------------------------------------------------------------------------- Page 41 Note Trust Xxxx Xxxxxx Xxxxxx Xxxxxxxx -------------------------------------------------------------------------------- accept as sufficient assume: (i) the form authenticity and content validity of a any signature in any such document and that such document has been duly authorised; and (ii) the accuracy of any information contained in any such documents, in either case unless it has reason to believe that the relevant document was not signed on behalf officers of the Trust Manager or Note Trustee responsible for the Security Trustee (as the case may be) or by any Authorised Signatory administration of the Trust Manager or trust constituted under this Deed (the Security Trustee (as NOTE TRUST) are actually aware to the case may be)contrary. (b) (NOTE TRUSTEE NOT LIABLE FOR LOSS) The Note Trustee shall not be responsible for any loss arising from any forgery or lack of authenticity or any act, neglect, mistake or discrepancy of the Trust Manager Manager, the Security Trustee, Trustee or the Security Trustee Servicer or any officer, employee, agent or delegate of the Trust Manager Manager, the Security Trustee, the Trustee or the Security Trustee Servicer in preparing any such document or in compiling, verifying or calculating any matter or information contained in any such document, if the officers of the Note Trustee responsible for the administration of the Note Trust are not actually aware that of such document is not genuine and correctforgery, whether lack of authenticity or not an error in any such informationvalidity, documentact, form neglect, mistake or list is reproduced by the Note Trustee in any step taken by itdiscrepancy.

NOTE TRUSTEE'S RELIANCE. ON TRUST MANAGER OR SECURITY TRUSTEE (a) (AUTHORISED SIGNATORIES ARE SUFFICIENT EVIDENCE) Subject to clause 13.2, whenever any certificate, notice, proposal, direction, instruction or other communication is to be given by the Trust Manager or the Security Trustee to the Note Trustee, the Note Trustee may -------------------------------------------------------------------------------- Page 41 Note Trust Xxxx Xxxxxx Xxxxxx Xxxxxxxx -------------------------------------------------------------------------------- accept as sufficient the form and content of a document unless it has reason to believe that the relevant document was not signed on behalf of the Trust Manager or the Security Trustee -------------------------------------------------------------------------------- Page 40 Note Trust Xxxx Xxxxxx Xxxxxx Xxxxxxxx -------------------------------------------------------------------------------- (as the case may be) or by any Authorised Signatory of the Trust Manager or the Security Trustee (as the case may be). (b) (NOTE TRUSTEE NOT LIABLE FOR LOSS) The Note Trustee shall not be responsible for any loss arising from any act, neglect, mistake or discrepancy of the Trust Manager or the Security Trustee or any officer, employee, agent or delegate of the Trust Manager or the Security Trustee in preparing any such document or in compiling, verifying or calculating any matter or information contained in any such document, if the officers of the Note Trustee responsible for the administration of the Trust are not actually aware that such document is not genuine and correct, whether or not an error in any such information, document, form or list is reproduced by the Note Trustee in any step taken by it.

NOTE TRUSTEE'S RELIANCE. ON TRUST MANAGER OR MANAGER, SECURITY TRUSTEE, TRUSTEE OR SERVICER (a) (AUTHORISED SIGNATORIES ARE SUFFICIENT EVIDENCE) Subject to clause 13.2, whenever Whenever any certificate, notice, proposal, direction, instruction instruction, document or other communication is to be given by the Trust Manager or the Security Trustee to the Note Trustee, the Note Trustee may -------------------------------------------------------------------------------- Page 41 assume: (i) the authenticity and validity of any signature in any such document and that such document has been duly authorised; and (ii) the accuracy of any information contained in any such documents, in either case unless the officers of the Note Trustee responsible for the administration of the Note Trust Xxxx Xxxxxx Xxxxxx Xxxxxxxx -------------------------------------------------------------------------------- accept as sufficient are actually aware to the form and content of a document unless it has reason to believe that the relevant document was not signed on behalf of the Trust Manager or the Security Trustee (as the case may be) or by any Authorised Signatory of the Trust Manager or the Security Trustee (as the case may be)contrary. (b) (NOTE TRUSTEE NOT LIABLE FOR LOSS) The Note Trustee shall not be responsible for any loss arising from any forgery or lack of authenticity or any act, neglect, mistake or discrepancy of the Trust Manager Manager, the Security Trustee, Trustee or the Security Trustee Servicer or any officer, employee, agent or delegate of the Trust Manager Manager, the Security Trustee, the Trustee or the Security Trustee Servicer in preparing any such document or in compiling, verifying or calculating any matter or information contained in any such document, if the officers of the Note Trustee responsible for the administration of the Note Trust are not actually aware that of such document is not genuine and correctforgery, whether lack of authenticity or not an error in any such informationvalidity, documentact, form neglect, mistake or list is reproduced by the Note Trustee in any step taken by itdiscrepancy.