Common use of Reliance on Information Clause in Contracts

Reliance on Information. (a) The Note Trustee may in relation to these presents or the Current Issuer Transaction Documents act and rely upon the opinion or advice of, or a certificate or a report or any information obtained from, any lawyer, banker, valuer, surveyor, securities company, broker, auctioneer, accountant or other expert in the United Kingdom or elsewhere, whether obtained by the Current Issuer, the Note Trustee or otherwise, whether or not any of the aforesaid or any engagement letter or other document entered into by the Note Trustee and the relevant person in connection therewith contains any monetary or other limit on the liability of the relevant person and the Note Trustee shall not be responsible for any loss occasioned by so acting or relying on. Any such opinion, advice, certificate or information may be sent or obtained by letter, facsimile reproduction or in any other form and the Note Trustee shall not be liable for acting in good faith on any opinion, advice, certificate or information purporting to be so conveyed although the same shall contain some error or shall not be authentic provided that such error or lack of authenticity is not manifest. (b) Except in the event of wilful default or manifest error, the Note Trustee may call for and shall be entitled to rely upon a certificate, reasonably believed by it to be genuine, of the Current Issuer or any other person in respect of every matter and circumstance for which a certificate is expressly provided for under these presents, the Current Issuer Conditions or any other Current Issuer Transaction Document and to call for and rely upon a certificate of the Agent Bank, any Paying Agent, Registrar, Transfer Agent, any Reference Bank or any other person reasonably believed by it to be genuine as to any other fact or matter prima facie within the knowledge of such Agent Bank, Paying Agent, Registrar, Transfer Agent, Reference Bank or such other person as sufficient evidence thereof and the Note Trustee shall not be bound in any such case to call for further evidence or be responsible for any loss, liability, costs, damages, expenses or inconvenience that may be caused by it failing to do so.

Appears in 11 contracts

Samples: Issuer Trust Deed (Granite Mortgages 03-3 PLC), Issuer Trust Deed (Granite Mortgages 04-1 PLC), Issuer Trust Deed (Granite Mortgages 03-3 PLC)

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Reliance on Information. (a) The Note Trustee may in relation to these presents or the Current Issuer Transaction Documents act and rely upon on the opinion or advice of, or a certificate or a report or any information obtained from, any lawyer, banker, valuer, surveyor, securities company, broker, auctioneer, accountant or other expert in the United Kingdom or elsewhere, whether obtained by the Current Issuer, the Note Trustee or otherwise, whether or not any of the aforesaid or any engagement letter or other document entered into by the Note Trustee and the relevant person in connection therewith contains any monetary or other limit on the liability of the relevant person and the Note Trustee shall not be responsible for any loss occasioned by so acting or relying onacting. Any such opinion, advice, certificate or information may be sent or obtained by letter, facsimile reproduction or in any other form and the Note Trustee shall not be liable for acting in good faith on any opinion, advice, certificate or information purporting to be so conveyed although the same shall contain some error or shall not be authentic provided that such error or lack of authenticity is not manifest. (b) Except in the event of wilful default or manifest error, the Note Trustee may call for and shall be entitled to rely upon a certificate, reasonably believed by it to be genuine, of the Current Issuer or any other person in respect of every matter and circumstance for which a certificate is expressly provided for under these presents, the Current Issuer Conditions or any other Current Issuer Transaction Document and to call for and rely upon a certificate of the Agent Bank, any Paying Agent, Registrar, Transfer Agent, any Reference Bank or any other person reasonably believed by it to be genuine as to any other fact or matter prima facie within the knowledge of such Agent Bank, Paying Agent, Registrar, Transfer Agent, Reference Bank or such other person as sufficient evidence thereof and the Note Trustee shall not be bound in any such case to call for further evidence or be responsible for any loss, liability, costs, damages, expenses or inconvenience that may be caused by it failing to do so.

Appears in 6 contracts

Samples: Issuer Trust Deed (Granite Mortgages 02-2 PLC), Issuer Trust Deed (Granite Mortgages 03-1 PLC), Issuer Trust Deed (Granite Mortgages 03-2 PLC)

Reliance on Information. (a) The Note Security Trustee may in relation to these presents or the Current Issuer Transaction Documents this Second Priority Funding Deed of Charge act and rely upon on the opinion or advice of, or a certificate or a report or any information obtained from, any lawyer, banker, valuer, surveyor, securities company, broker, auctioneer, accountant or other expert in the United Kingdom or elsewhere, whether obtained by the Current Issuer, the Note Security Trustee or otherwiseany Receiver, whether or not any of the aforesaid or any engagement letter or other document entered into by the Note Trustee and the relevant person in connection therewith contains any monetary or other limit on the liability of the relevant person and the Note Trustee shall not be responsible for any loss occasioned by so acting or relying onacting. Any such opinion, advice, certificate or information may be sent or obtained by letter, facsimile reproduction or in any other form and the Note Security Trustee shall not be liable for acting in good faith on any opinion, advice, certificate or information purporting to be so conveyed although the same shall contain some error or shall not be authentic provided that such error or lack of authenticity is not manifest. (b) Except in the event of wilful default or manifest error, the Note The Security Trustee may call for and shall be entitled to rely upon a certificateupon, reasonably believed by it to be genuine, unless any of its officers in charge of the Current Issuer administration of this Second Priority Funding Deed of Charge shall have actual knowledge or express notice to the contrary, a certificate signed by two directors of Funding or a certificate of any other person in respect of every matter and circumstance for which a certificate is expressly provided for under these presents, this Second Priority Funding Deed of Charge or the Current Issuer Conditions or any other Current Issuer Funding Transaction Document Documents and to call for and rely upon upon, unless any of its officers in charge of the administration of this Second Priority Funding Deed of Charge shall have actual knowledge or express notice to the contrary, a certificate of the Agent Bank, any Paying Agent, Registrar, Transfer Agent, any Reference Bank Funding or any other person reasonably believed by it to be genuine as to any other fact or matter prima facie within the knowledge of such Agent Bank, Paying Agent, Registrar, Transfer Agent, Reference Bank Funding or such other person as sufficient evidence thereof and the Note Security Trustee shall not be bound in any such case to call for further evidence or be responsible for any loss, liability, costs, damages, expenses or inconvenience that may be caused by it failing to do so. (c) The Security Trustee may call for and shall be entitled to rely, unless any of its officers in charge of the administration of this Second Priority Funding Deed of Charge shall have actual knowledge or express notice to the contrary, upon any document provided to it by Funding, the Mortgages Trustee or the Cash Manager in respect of every matter and circumstance prima facie within the knowledge of Funding, the Mortgages Trustee or the Cash Manager and the Security Trustee shall not be bound in any such case to call for further evidence or be responsible for any loss, liability, costs, damages, expenses or inconvenience that may be caused by it failing to do so. (d) The Security Trustee shall be entitled to act on any requests or instructions of the Note Trustee without further enquiry and to assume that any requests or instructions of the Note Trustee pursuant to this Second Priority Funding Deed of Charge or any of the other Transaction Documents are (a) given in accordance with the provisions of this Second Priority Funding Deed of Charge and (b) given, where appropriate, in accordance with the directions of the Noteholders of the relevant class, and the Security Trustee shall not be liable to any person for any action taken or omitted under or in connection with this Second Priority Funding Deed of Charge in accordance with any such instructions or requests. The Security Trustee shall be entitled to act upon any notice, request or other communication of any party to this Second Priority Funding Deed of Charge for the purposes of this Second Priority Funding Deed of Charge or any of the Transaction Documents if such notice, request or other communication purports to be signed or sent by or on behalf of any authorised signatory of such party.

Appears in 4 contracts

Samples: Second Priority Funding Deed of Charge (Granite Mortgages 04-2 PLC), Second Priority Funding Deed of Charge (Granite Mortgages 04-1 PLC), Second Priority Funding Deed of Charge (Granite Mortgages 04-1 PLC)

Reliance on Information. (a) The Note Trustee may in relation to these presents or the Current Issuer Transaction Documents act and rely upon the opinion or advice of, or a certificate or a report or any information (whether addressed to the Note Trustee or not) obtained from, any lawyer, banker, valuer, surveyor, securities company, broker, auctioneer, accountant or other expert in the United Kingdom or elsewhere, whether obtained by the Current Master Issuer, the Note Trustee or otherwise, whether or not any of the aforesaid or any engagement letter or other document entered into by the Note Trustee and the relevant person in connection therewith contains any monetary or other limit on the liability of the relevant person and the Note Trustee shall not be responsible for any loss occasioned by so acting or relying on. Any such opinion, advice, certificate or information may be sent or obtained by letter, facsimile reproduction or in any other form and the Note Trustee shall not be liable for acting in good faith on any opinion, advice, certificate or information purporting to be so conveyed although the same shall contain some error or shall not be authentic provided that such error or lack of authenticity is not manifestauthentic. (b) Except in the event of wilful default or manifest error, the The Note Trustee may call for and shall be entitled to rely upon a certificate, reasonably believed by it to be genuine, of the Current Master Issuer or any other person in respect of every matter and circumstance for which a certificate is expressly provided for under these presents, the Current Issuer Conditions presents or any other Current Issuer Transaction Document and to call for and rely upon a certificate of the Agent Bank, any Paying Agent, Registrar, Transfer Agent, any Reference Bank or any other person reasonably believed by it to be genuine as to any other fact or matter prima facie within the knowledge of such Agent Bank, Paying Agent, Registrar, Transfer Agent, Reference Bank or such other person as sufficient evidence thereof and the Note Trustee shall not be bound in any such case to call for further evidence or be responsible for any loss, liability, costs, damages, expenses Liability or inconvenience that may be caused by it failing to do so.

Appears in 2 contracts

Samples: Second Amended Issuer Trust Deed (Granite Finance Trustees LTD), Issuer Trust Deed (Granite Finance Funding 2 LTD)

Reliance on Information. (a) The Note Issuer Security Trustee may in relation to these presents this Deed or the Current any other Issuer Transaction Documents Document act and rely upon the opinion or advice of, or a certificate or a report or any information (whether addressed to the Issuer Security Trustee or not) obtained from, any lawyer, banker, valuer, surveyor, securities company, broker, auctioneer, accountant or other expert in the United Kingdom or elsewhere, whether obtained by the Current Master Issuer, the Note Issuer Security Trustee or otherwise, whether or not any of the aforesaid or any engagement letter or other document entered into by the Note Issuer Security Trustee and the relevant person in connection therewith contains any monetary or other limit on the liability of the relevant person and the Note Issuer Security Trustee shall not be responsible for any loss occasioned by so acting or relying on. Any such opinion, advice, certificate or information may be sent or obtained by letter, facsimile reproduction or in any other form and the Note Issuer Security Trustee shall not be liable for acting in good faith on any opinion, advice, certificate or information purporting to be so conveyed although the same shall contain some error or shall not be authentic provided that such error or lack of authenticity is not manifest. (b) Except in the event of wilful default or manifest error, the Note The Issuer Security Trustee may call for and shall be entitled to rely upon a certificate, reasonably believed by it to be genuine, of the Current Master Issuer or any other person in respect of every matter and circumstance for which a certificate is expressly provided for under these presentsthis Deed, the Current Issuer Conditions or any other Current Issuer Transaction Document and to call for and rely upon a certificate of the Agent Bank, any Paying Agent, Registrar, Transfer Agent, any Reference Bank or any other person reasonably believed by it to be genuine as to any other fact or matter prima facie within the knowledge of such Agent Bank, Paying Agent, Registrar, Transfer Agent, Reference Bank or such other person as sufficient evidence thereof and the Note Issuer Security Trustee shall not be bound in any such case to call for further evidence or be responsible for any loss, liability, costs, damages, expenses Liability or inconvenience that may be caused by it failing to do so. (c) The Issuer Security Trustee shall be entitled to act on any directions provided in accordance with Clause 15.13 (Issuer Security Trustee to act on directions) without further enquiry and to assume that any such directions are given in accordance with the provisions of this Deed and the Issuer Security Trustee shall not be liable to any person for any action taken or omitted under or in connection with this Deed in accordance with any such directions. The Issuer Security Trustee shall be entitled to act upon any notice, request or other communication of any party to this Deed for the purposes of this Deed or any of the Issuer Transaction Documents if such notice, request or other communication purports to be signed or sent by or on behalf of any authorised signatory of such party.

Appears in 2 contracts

Samples: Issuer Deed of Charge (Granite Finance Funding 2 LTD), Issuer Deed of Charge (Granite Finance Trustees LTD)

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Reliance on Information. (a) The Note Issuer Security Trustee may in relation to these presents this Deed or the Current any other Issuer Transaction Documents Document act and rely upon the opinion or advice of, or a certificate or a report or any information obtained from, any lawyer, banker, valuer, surveyor, securities company, broker, auctioneer, accountant or other expert in the United Kingdom or elsewhere, whether obtained by the Current Master Issuer, the Note Issuer Security Trustee or otherwise, whether or not any of the aforesaid or any engagement letter or other document entered into by the Note Issuer Security Trustee and the relevant person in connection therewith contains any monetary or other limit on the liability of the relevant person and the Note Issuer Security Trustee shall not be responsible for any loss occasioned by so acting or relying on. Any such opinion, advice, certificate or information may be sent or obtained by letter, facsimile reproduction or in any other form and the Note Issuer Security Trustee shall not be liable for acting in good faith on any opinion, advice, certificate or information purporting to be so conveyed although the same shall contain some error or shall not be authentic provided that such error or lack of authenticity is not manifest. (b) Except in the event of wilful default or manifest error, the Note Issuer Security Trustee may call for and shall be entitled to rely upon a certificate, reasonably believed by it to be genuine, of the Current Master Issuer or any other person in respect of every matter and circumstance for which a certificate is expressly provided for under these presentsthis Deed, the Current Issuer Conditions or any other Current Issuer Transaction Document and to call for and rely upon a certificate of the Agent Bank, any Paying Agent, Registrar, Transfer Agent, any Reference Bank or any other person reasonably believed by it to be genuine as to any other fact or matter prima facie within the knowledge of such Agent Bank, Paying Agent, Registrar, Transfer Agent, Reference Bank or such other person as sufficient evidence thereof and the Note Issuer Security Trustee shall not be bound in any such case to call for further evidence or be responsible for any loss, liability, costs, damages, expenses or inconvenience that may be caused by it failing to do so. (c) The Issuer Security Trustee shall be entitled to act on any directions provided in accordance with Clause 16.13 (Issuer Security Trustee to act on directions) without further enquiry and to assume that any such directions are given in accordance with the provisions of this Deed and the Issuer Security Trustee shall not be liable to any person for any action taken or omitted under or in connection with this Deed in accordance with any such directions. The Issuer Security Trustee shall be entitled to act upon any notice, request or other communication of any party to this Deed for the purposes of this Deed or any of the Issuer Transaction Documents if such notice, request or other communication purports to be signed or sent by or on behalf of any authorised signatory of such party.

Appears in 1 contract

Samples: Issuer Deed of Charge (Granite Finance Trustees LTD)

Reliance on Information. (a) The Note Trustee may in relation to these presents or the Current Issuer Transaction Documents act and rely upon the opinion or advice of, or a certificate or a report or any information obtained from, any lawyer, banker, valuer, surveyor, securities company, broker, auctioneer, accountant or other expert in the United Kingdom or elsewhere, whether obtained by the Current Master Issuer, the Note Trustee or otherwise, whether or not any of the aforesaid or any engagement letter or other document entered into by the Note Trustee and the relevant person in connection therewith contains any monetary or other limit on the liability of the relevant person and the Note Trustee shall not be responsible for any loss occasioned by so acting or relying on. Any such opinion, advice, certificate or information may be sent or obtained by letter, facsimile reproduction or in any other form and the Note Trustee shall not be liable for acting in good faith on any opinion, advice, certificate or information purporting to be so conveyed although the same shall contain some error or shall not be authentic provided that such error or lack of authenticity is not manifest. (b) Except in the event of wilful default or manifest error, the Note Trustee may call for and shall be entitled to rely upon a certificate, reasonably believed by it to be genuine, of the Current Master Issuer or any other person in respect of every matter and circumstance for which a certificate is expressly provided for under these presents, the Current Issuer Conditions or any other Current Issuer Transaction Document and to call for and rely upon a certificate of the Agent Bank, any Paying Agent, Registrar, Transfer Agent, any Reference Bank or any other person reasonably believed by it to be genuine as to any other fact or matter prima facie within the knowledge of such Agent Bank, Paying Agent, Registrar, Transfer Agent, Reference Bank or such other person as sufficient evidence thereof and the Note Trustee shall not be bound in any such case to call for further evidence or be responsible for any loss, liability, costs, damages, expenses or inconvenience that may be caused by it failing to do so.

Appears in 1 contract

Samples: Issuer Trust Deed (Granite Finance Trustees LTD)

Reliance on Information. (a) The Note Security Trustee may in relation to these presents or the Current Issuer Transaction Documents this Funding Deed of Charge act and rely upon on the opinion or advice of, or a certificate or a report or any information obtained from, any lawyer, banker, valuer, surveyor, securities company, broker, auctioneer, accountant or other expert in the United Kingdom or elsewhere, whether obtained by the Current Issuer, the Note Security Trustee or otherwiseany Receiver, whether or not any of the aforesaid or any engagement letter or other document entered into by the Note Trustee and the relevant person in connection therewith contains any monetary or other limit on the liability of the relevant person and the Note Trustee shall not be responsible for any loss occasioned by so acting or relying onacting. Any such opinion, advice, certificate or information may be sent or obtained by letter, facsimile reproduction or in any other form and the Note Security Trustee shall not be liable for acting in good faith on any opinion, advice, certificate or information purporting to be so conveyed although the same shall contain some error or shall not be authentic provided that such error or lack of authenticity is not manifest. (b) Except in the event of wilful default or manifest error, the Note The Security Trustee may call for and shall be entitled to rely upon a certificateupon, reasonably believed by it to be genuine, unless any of its officers in charge of the Current Issuer administration of this Funding Deed of Charge shall have actual knowledge or express notice to the contrary, a certificate signed by two directors of Funding or a certificate of any other person in respect of every matter and circumstance for which a certificate is expressly provided for under these presents, this Funding Deed of Charge or the Current Issuer Conditions or any other Current Issuer Funding Transaction Document Documents and to call for and rely upon upon, unless any of its officers in charge of the administration of this Funding Deed of Charge shall have actual knowledge or express notice to the contrary, a certificate of the Agent Bank, any Paying Agent, Registrar, Transfer Agent, any Reference Bank Funding or any other person reasonably believed by it to be genuine as to any other fact or matter prima facie within the knowledge of such Agent Bank, Paying Agent, Registrar, Transfer Agent, Reference Bank Funding or such other person as sufficient evidence thereof and the Note Security Trustee shall not be bound in any such case to call for further evidence or be responsible for any loss, liability, costs, damages, expenses or inconvenience that may be caused by it failing to do so. (c) The Security Trustee may call for and shall be entitled to rely, unless any of its officers in charge of the administration of this Funding Deed of Charge shall have actual knowledge or express notice to the contrary, upon any document provided to it by Funding, the Mortgages Trustee or the Cash Manager in respect of every matter and circumstance prima facie within the knowledge of Funding, the Mortgages Trustee or the Cash Manager and the Security Trustee shall not be bound in any such case to call for further evidence or be responsible for any loss, liability, costs, damages, expenses or inconvenience that may be caused by it failing to do so. (d) The Security Trustee shall be entitled to act on any requests or instructions of the Note Trustee without further enquiry and to assume that any requests or instructions of the Note Trustee pursuant to this Funding Deed of Charge or any of the other Transaction Documents are (a) given in accordance with the provisions of this Funding Deed of Charge and (b) given, where appropriate, in accordance with the directions of the Noteholders of the relevant class, and the Security Trustee shall not be liable to any person for any action taken or omitted under or in connection with this Funding Deed of Charge in accordance with any such instructions or requests. The Security Trustee shall be entitled to act upon any notice, request or other communication of any party to this Funding Deed of Charge for the purposes of this Funding Deed of Charge or any of the Transaction Documents if such notice, request or other communication purports to be signed or sent by or on behalf of any authorised signatory of such party.

Appears in 1 contract

Samples: Funding Deed of Charge (Granite Mortgages 03-2 PLC)

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