Common use of Right of indemnity Clause in Contracts

Right of indemnity. The Manager shall be indemnified out of the relevant Trust in respect of any liability, cost or expense properly incurred by it in its capacity as Manager of the relevant Trust.

Appears in 6 contracts

Samples: Master Trust (Crusade Management LTD), Master Trust (Crusade Management LTD), Master Trust (Crusade Management LTD)

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Right of indemnity. The Trust Manager shall be indemnified out of the relevant Trust in respect of any liability, cost or expense properly incurred by it in its capacity as Trust Manager of the relevant TrustTrust or so incurred by any of its delegates, sub-delegates or agents.

Appears in 3 contracts

Samples: Memorandum of Agreement (Westpac Securitisation Management Pty LTD), Memorandum of Agreement (Westpac Securitisation Management Pty LTD), Memorandum of Agreement (Westpac Securitisation Management Pty LTD)

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