Examples of Funding Transaction Document in a sentence
Such a person shall (subject always to the provisions of this Funding Deed of Charge and any other Funding Transaction Document to which the Security Trustee is a party) have such trusts, powers, authorities and discretions (not exceeding those conferred on the Security Trustee by this Funding Deed of Charge or any of the other Funding Transaction Documents to which the Security Trustee is a party) and such duties and obligations as shall be conferred or imposed on it by the instrument of appointment.
To: [Addressee(s)] In respect of the [Description of Funding Transaction Document or Funding Charged Property] [Date] Dear Sirs, Terms and expressions used in this letter are as defined in the Funding Deed of Charge (the "FUNDING DEED OF CHARGE") between Granite Finance Funding Limited (the "FUNDING"), The Bank of New York (the "SECURITY TRUSTEE") and others dated 26 March 2001.
The Security Trustee shall not be responsible for the scope or accuracy of any recitals, statements, warranty, representation or covenant of any party (other than the Security Trustee) contained herein or in any other Funding Transaction Document or any other document entered into in connection therewith and shall assume the accuracy and correctness thereof.
The Security Trustee shall be under no obligation to monitor or supervise and shall not have any duty to make any investigation in respect of or in any way be liable whatsoever for the performance or observance by Funding or any other person of the provisions of this Funding Deed of Charge or any other Funding Transaction Document and shall be entitled to assume that each person is properly performing and complying with its obligations.
In the event that the creation of the Security Interests under or pursuant to this Deed would, in the absence of written consent by the Security Trustee, constitute a breach of any representation, warranty, covenant or undertaking in any Funding Transaction Document, the Security Trustee hereby consents to the creation of such Security Interests.
All powers and duties exercised by the Collateral Agent in furtherance of or pursuant to this Section will be exercised by it, acting reasonably, on behalf of Canada, and in accordance with the Project Financing Duty Requirement and, as regards the execution of any Funding Transaction Document, the Funding Duty Requirement.