SERIES TRUST REPRESENTATIONS AND WARRANTIES. The Trustee in its capacity as trustee of the Series Trust represents and warrants to the Standby Redraw Facility Provider in relation to the Series Trust as follows: (a) (Series Trust validly created): the Series Trust has been validly created and is in existence at the date of this Agreement; (b) (Sole trustee): the Trustee has been validly appointed as trustee of the Series Trust and is presently the sole trustee of the Series Trust; (c) (No proceedings to remove): no notice has been given to the Trustee and to the Trustee's knowledge no resolution has been passed or direction or notice has been given, removing the Trustee as trustee of the Series Trust; (d) (Trustee's power): the Trustee has power under the Master Trust Deed to enter into the Transaction Documents to which it is a party in its capacity as trustee of the Series Trust; and (e) (Good title): the Trustee is the lawful owner of the Assets of the Series Trust and has power under the Master Trust Deed to mortgage or charge them in the manner provided in the Security Trust Deed.
Appears in 2 contracts
Samples: Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD), Standby Redraw Facility Agreement (Securitisation Adv Serv Medallion Trust Series 2004-1g)
SERIES TRUST REPRESENTATIONS AND WARRANTIES. The Trustee in its capacity as trustee of the Series Trust represents and warrants to the Standby Redraw Facility Provider in relation to the Series Trust as follows:
(a) (Series Trust validly created): the Series Trust has been validly created and is in existence at the date of this Agreement;
(b) (Sole trustee): the Trustee has been validly appointed as trustee of the Series Trust and is presently the sole trustee of the Series Trust;
(c) (No proceedings to remove): no notice has been given to the Trustee and to the Trustee's knowledge no resolution has been passed or direction or notice has been given, removing the Trustee as trustee of the Series Trust;
(d) (Trustee's power): the Trustee has power under the Master Trust Deed to enter into the Transaction Documents to which it is a party in its capacity as trustee of the Series Trust; and
(e) (Good title): the Trustee is the lawful owner of the Assets of the Series Trust and has power under the Master Trust Deed to mortgage or charge them in the manner provided in the Security Trust Deed.Trust
Appears in 2 contracts
Samples: Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD), Standby Redraw Facility Agreement (Securitisation Advisory Services Pty LTD 2000 Med Trust)
SERIES TRUST REPRESENTATIONS AND WARRANTIES. The Trustee in its capacity as trustee of the Series Trust represents and warrants to the Standby Redraw Liquidity Facility Provider in relation to the Series Trust as follows:
(a) (Series Trust validly created): the Series Trust has been validly created and is in existence at the date of this Agreement;
(b) (Sole trustee): the Trustee has been validly appointed as trustee of the Series Trust and is presently the sole trustee of the Series Trust;
(c) (No proceedings to remove): no notice has been given to the Trustee and to the Trustee's knowledge no resolution has been passed or direction or notice has been given, removing the Trustee as trustee of the Series Trust;
(d) (Trustee's power): the Trustee has power under the Master Trust Deed to enter into the Transaction Documents to which it is a party in its capacity as trustee of the Series Trust; and
(e) (Good title): the Trustee is the lawful owner of the Assets of the Series Trust and has power under the Master Trust Deed to mortgage or charge them in the manner provided in the Security Trust Deed.
Appears in 2 contracts
Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Securitisation Adv Serv Medallion Trust Series 2004-1g)
