Other: Trustee Provisions. Party B’s obligation to make payments under this Transaction will be limited to the extent it has funds available to make such payment as determined in accordance with the Series Notice. To the extent that, as a result of having insufficient funds available, Party B makes only a partial payment of any amount due to Party A, then Party A will reduce its corresponding payment obligation to Party B by the same percentage reduction, but otherwise will not be discharged from its obligations under this Transaction. To the extent that Party B is obliged to deduct or withhold any Tax from an amount payable by it under this Transaction, Party A will reduce its corresponding payment to Party B by the amount deducted or withheld by Party B, but otherwise will not be discharged from its obligations under this Transaction. Please confirm your acceptance of this Transaction by signing and returning this Confirmation to us. Confirmed as at the date first written above: Confirmed as at the date first written above: SIGNED for and on behalf of X.X. Xxxxxx Trust Australia Limited as trustee of the Series 0000-0X XXX Xxxxx SIGNED for and on behalf of WESTPAC BANKING CORPORATION By: /s/ Xxxxxxxx Xxxxx-Xxxx By: /s/ G.P.D. Xxxxxx /s/ Michail Xxxx Xxxx Name: Xxxxxxxx Xxxxx-Xxxx Name: G.P.D. Xxxxxx Xxxxxxx Xxxx Xxxx Title: Attorney Title: Tier 1 Attorney Tier 1 Attorney Confirmed as at the date first written above: SIGNED for and on behalf of Westpac Securitisation Management Pty Limited By: /s/ Xxxx Xxxxxx Name: Xxxx Xxxxxx
Other: Trustee Provisions. Party B’s obligation to make payments under this Transaction will be limited to the extent it has funds available to make such payment as determined in accordance with the Series Notice. To the extent that, as a result of having insufficient funds available, Party B makes only a partial payment of any amount due to Party A, then Party A will reduce its corresponding payment obligation to Party B by the same percentage reduction, but otherwise will not be discharged from its obligations under this Transaction. To the extent that Party B is obliged to deduct or withhold any Tax from an amount payable by it under this Transaction, Party A will reduce its corresponding payment to Party B by the amount deducted or withheld by Party B, but otherwise will not be discharged from its obligations under this Transaction. Please confirm your acceptance of this Transaction by signing and returning this Confirmation to us. Confirmed as at the date first written above: Confirmed as at the date first written above: SIGNED for and on behalf of [*] as trustee of the Series [*] WST Trust SIGNED for and on behalf of [*] By: By (Authorised Officer) Name: Name: Title:
Other: Trustee Provisions. (a) The Trustee undertakes to perform such duties, and only such duties, as are specifically set forth in this Agreement. No implied covenants or obligations shall be read into this Agreement against the Trustee. The Trustee does not have any discretion hereunder and is acting in a purely ministerial capacity. Neither the Trustee nor any of its officers, directors, employees, agents or affiliates shall have any implied duties (including common law fiduciary duties) or liabilities under this Agreement or with respect to the Beneficiaries or any other person, which implied duties and liabilities are hereby eliminated. The Trustee shall not be answerable or accountable to the Beneficiaries under any circumstances except that the Trustee shall be liable, in its individual capacity, (a) for its own gross negligence, bad faith, willful misconduct or fraud, or (b) for any taxes on or measured by the fees received by Trustee for acting as Trustee hereunder or for services rendered in connection with the transactions contemplated hereby.
Other: Trustee Provisions. A. Any Trustee may renounce or resign at any time with or without cause.
Other: Trustee Provisions
