Common use of The Trustee and the Note Administrator Clause in Contracts

The Trustee and the Note Administrator. (a) Without prejudice to any rights and protections provided to the Trustee and the Note Administrator under the Indenture, the Trustee and the Note Administrator (including in its capacity as Calculation Agent) shall not have any (i) responsibility or liability for the selection or determination of a Benchmark Replacement or Benchmark Replacement Confirming Changes, and shall be entitled to rely upon any such selection or determination by the Collateral Manager, or (ii) responsibility or liability for any failure or delay in performing their respective duties under the Indenture as a result of the unavailability of LIBOR. The Trustee and the Note Administrator shall be entitled to rely upon the notices provided by the Collateral Manager facilitating or specifying the Benchmark Replacement, Benchmark Replacement Date, Benchmark Replacement Conforming Changes and such other administrative procedures with respect to the calculation of any Benchmark Replacement. (b) Neither the Trustee nor the Note Administrator (including in its capacity as Calculation Agent) shall be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture, which has been prepared by the Collateral Manager as contemplated by the Indenture, and is being entered into at the direction of the Collateral Manager in accordance with the Indenture.

The Trustee and the Note Administrator. (a) Without prejudice to any rights and protections provided to the Trustee and the Note Administrator under the Indenture, the Trustee and the Note Administrator (including in its capacity as Calculation Agent) shall not have any (i) responsibility or liability for the selection or determination of a the Benchmark Replacement or Benchmark Replacement Confirming Changes, Conforming Changes and shall be entitled to rely upon any determination of such selection or determination by the Collateral ManagerDesignated Transaction Representative, or (ii) responsibility or liability for any failure or delay in performing their respective duties under the Indenture as a result of the unavailability of LIBOR. The Trustee Note Administrator and the Note Administrator Trustee shall be entitled to rely upon the notices provided by the Collateral Manager Designated Transaction Representative facilitating or specifying the Benchmark Replacement, Benchmark Replacement Date, Benchmark Replacement Conforming Changes and such other administrative procedures with respect to the calculation of any Benchmark Replacement. (b) Neither the Trustee nor the Note Administrator (including in its capacity as Calculation Agent) shall be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture, which has been prepared by the Collateral Manager as contemplated by the IndentureDesignated Transaction Representative, and is being entered into at the direction of the Collateral Manager Designated Transaction Representative in accordance with the Indenture.

The Trustee and the Note Administrator. (a) Without prejudice to any rights and protections provided to the Trustee and the Note Administrator under the Indenture, neither the Trustee and nor the Note Administrator (including in its capacity as Calculation Agent) shall not have any (i) responsibility or liability for the selection or determination of a Benchmark Replacement or Benchmark Replacement Confirming Conforming Changes, and shall be entitled to rely upon any such selection or determination by the Collateral ManagerDesignated Transaction Representative, or (ii) responsibility or liability for any failure or delay in performing their respective duties under the Indenture as a result of the unavailability of LIBOR. The Trustee and the Note Administrator shall be entitled to rely upon the notices provided by the Collateral Manager Designated Transaction Representative facilitating or specifying the Benchmark Replacement, Benchmark Replacement Date, Benchmark Replacement Conforming Changes and such other administrative procedures with respect to the calculation of any Benchmark Replacement. (b) Neither the Trustee nor the Note Administrator (including in its capacity as Calculation Agent) shall be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture, which has been prepared by the Collateral Manager as contemplated by the IndentureIssuer, and is being entered into at the direction of the Collateral Manager Designated Transaction Representative in accordance with the Indenture.