Common use of THE SECURITY TRUSTEE AS A PARTY Clause in Contracts

THE SECURITY TRUSTEE AS A PARTY. 22.1 The Security Trustee has agreed to become a party to this Agreement only for the purposes of taking the benefit of the contractual provisions expressed to be given in its favour and enabling the better preservation and enforcement of its rights under this Agreement and the Transaction Documents and shall not assume any liabilities or obligations whatsoever under this Agreement.

Appears in 11 contracts

Samples: Servicing Agreement, Servicing Agreement, Servicing Agreement

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THE SECURITY TRUSTEE AS A PARTY. 22.1 30.1 The Security Trustee has agreed to become a party to this Agreement only for the purposes of taking the benefit of the contractual provisions expressed to be given in its favour and enabling the better preservation and enforcement of its rights under this Agreement and the Transaction Documents and shall not assume any liabilities or obligations whatsoever under this Agreement.

Appears in 6 contracts

Samples: Receivables Purchase Agreement, Servicing Agreement, Receivables Purchase Agreement

THE SECURITY TRUSTEE AS A PARTY. 22.1 23.1 The Security Trustee has agreed to become a party to this Agreement only for the purposes of taking the benefit of the contractual provisions expressed to be given in its favour and enabling the better preservation and enforcement of its rights under this Agreement and the Transaction Documents and shall not assume any liabilities or obligations whatsoever under this AgreementAgreement except for the obligations assumed by the Security Trustee under clause 21 (Confidentiality) hereof.

Appears in 6 contracts

Samples: Servicing Agreement, Servicing Agreement, Servicing Agreement

THE SECURITY TRUSTEE AS A PARTY. 22.1 30.1 The Security Trustee has agreed to become a party to this Agreement only for the purposes of taking the benefit of the contractual provisions expressed to be given in its favour and enabling the better preservation and enforcement of its rights under this Agreement and the Transaction Documents and shall not assume any liabilities or obligations whatsoever under this AgreementAgreement except for the obligations assumed by the Security Trustee under Clause 28 (Confidentiality) hereof.

Appears in 2 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement

THE SECURITY TRUSTEE AS A PARTY. 22.1 30.1 The Security Trustee has agreed to become a party to this Agreement only for the purposes of taking the benefit of the contractual provisions expressed to be given in its favour and enabling the better preservation and enforcement of its rights under this Agreement and the Transaction Documents and shall not assume any liabilities or obligations whatsoever under this AgreementAgreement except for the obligations assumed by the Security Trustee under clause 28 (Confidentiality) hereof.

Appears in 2 contracts

Samples: Receivables Purchase Agreement, Repurchase Agreement

THE SECURITY TRUSTEE AS A PARTY. 22.1 29.1 The Security Trustee has agreed to become a party to this Agreement only for the purposes of taking the benefit of the contractual provisions expressed to be given in its favour and enabling the better preservation and enforcement of its rights under this Agreement and the Transaction Documents and shall not assume any liabilities or obligations whatsoever under this Agreement.

Appears in 2 contracts

Samples: Receivables Purchase Agreement, Receivables Purchase Agreement

THE SECURITY TRUSTEE AS A PARTY. 22.1 33.1 The Security Trustee has agreed to become a party to this Agreement only for the purposes of taking the benefit of the contractual provisions expressed to be given in its favour and enabling the better preservation and enforcement of its rights under this Agreement and the Transaction Documents and shall not assume any liabilities or obligations whatsoever under this Agreement.

Appears in 2 contracts

Samples: Receivables Purchase Agreement, Intertrust Trustees GMBH

THE SECURITY TRUSTEE AS A PARTY. 22.1 17.1 The Security Trustee has agreed to become a party to this Agreement only for the purposes of taking the benefit of the contractual provisions expressed to be given in its favour and enabling the better preservation and enforcement of its rights under this Agreement and the Transaction Documents and shall not assume any liabilities or obligations whatsoever under this AgreementAgreement except for the obligations assumed by the Security Trustee under clause 15 (Confidentiality) hereof.

Appears in 2 contracts

Samples: Redelivery Repurchase Agreement, Redelivery Repurchase Agreement

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THE SECURITY TRUSTEE AS A PARTY. 22.1 32.1 The Security Trustee has agreed to become a party to this Agreement only for the purposes of taking the benefit of the contractual provisions expressed to be given in its favour and enabling the better preservation and enforcement of its rights under this Agreement and the Transaction Documents and shall not assume any liabilities or obligations whatsoever under this Agreement.

Appears in 1 contract

Samples: Intertrust Trustees GMBH

THE SECURITY TRUSTEE AS A PARTY. 22.1 28.1 The Security Trustee has agreed to become a party to this Agreement only for the purposes of taking the benefit of the contractual provisions expressed to be given in its favour and enabling the better preservation and enforcement of its rights under this Agreement and the Transaction Documents and shall not assume any liabilities or obligations whatsoever under this Agreement.

Appears in 1 contract

Samples: Receivables Purchase Agreement

THE SECURITY TRUSTEE AS A PARTY. 22.1 28.1 The Security Trustee has agreed to become a party to this Agreement only for the purposes of taking the benefit of the contractual provisions expressed to be given in its favour and enabling the better preservation and enforcement of its rights under this Agreement and the Transaction Documents and shall not assume any liabilities or obligations whatsoever under this AgreementAgreement except for the obligations assumed by the Security Trustee under Clause 26 (Confidentiality) hereof.

Appears in 1 contract

Samples: Receivables Purchase Agreement

THE SECURITY TRUSTEE AS A PARTY. 22.1 31.1 The Security Trustee has agreed to become a party to this Agreement only for the purposes of taking the benefit of the contractual provisions expressed to be given in its favour and enabling the better preservation and enforcement of its rights under this Agreement and the Transaction Documents and shall not assume any liabilities or obligations whatsoever under this Agreement.

Appears in 1 contract

Samples: Intertrust Trustees GMBH

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