Common use of Duties and Obligations Clause in Contracts

Duties and Obligations. Each Agent will perform the duties and obligations, and only the duties and obligations, contained in or reasonably incidental to this Agreement and the US$ Note Conditions and no implied duties or obligations (other than general laws as to agency) will be read into this Agreement or the US$ Note Conditions against any Agent. An Agent is not required to take any action under this Agreement which would require it to incur any expense or liability for which (in its reasonable opinion) either it would not be reimbursed within a reasonable time or in respect of which it has not been indemnified to its satisfaction.

Appears in 9 contracts

Samples: Agency Agreement (SMART ABS Series 2016-2us Trust), Agency Agreement (Macquarie Leasing Pty LTD), Agency Agreement (Macquarie Leasing Pty LTD)

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Duties and Obligations. Each Agent will perform the duties and obligations, and only the duties and obligations, contained in or reasonably incidental to this Agreement and the US$ Offered Note Conditions and no implied duties or obligations (other than general laws as to agency) will be read into this Agreement or the US$ Offered Note Conditions against any Agent. An Agent is not required to take any action under this Agreement which would require it to incur any expense or liability for which (in its reasonable opinion) either it would not be reimbursed within a reasonable time or in respect of which it has not been indemnified to its satisfaction.

Appears in 5 contracts

Samples: Agency Agreement (Securitisation Advisory Services Pty LTD), Agency Agreement (Securitisation Advisory Services Pty LTD), Agency Agreement (Securitisation Advisory Services Pty LTD)

Duties and Obligations. Each Agent will perform the duties and obligations, and only the duties and obligations, contained in or reasonably incidental to this Agreement and the US$ Offshore Note Conditions and no implied duties or obligations (other than general laws as to agency) will be read into this Agreement or the US$ Offshore Note Conditions against any Agent. An Agent is not required to take any action under this Agreement which would require it to incur any expense or liability for which (in its reasonable opinion) either it would not be reimbursed within a reasonable time or in respect of which it has not been indemnified to its satisfaction.

Appears in 2 contracts

Samples: Agency Agreement (Securitisation Advisory Services Pty LTD), Agency Agreement (Securitisation Adv Serv Medallion Trust Series 2004-1g)

Duties and Obligations. Each Agent will perform the duties and obligations, and only the duties and obligations, contained in or reasonably incidental to this Agreement and the US$ Class A-1 Note Conditions and no implied duties or obligations (other than general laws as to agency) will be read into this Agreement or the US$ Class A-1 Note Conditions against any Agent. An Agent is not required to take any action under this Agreement which would require it to incur any expense or liability for which (in its reasonable opinion) either it would not be reimbursed within a reasonable time or in respect of which it has not been indemnified to its satisfaction.

Appears in 2 contracts

Samples: Securitisation Advisory Services Pty LTD, Securitisation Advisory Services Pty LTD 2000 Med Trust

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Duties and Obligations. Each Agent will perform the duties and obligations, and only the duties and obligations, contained in or reasonably incidental to this Agreement and the US$ US Dollar Note Conditions and no implied duties or obligations (other than general laws as to agency) will be read into this Agreement or the US$ US Dollar Note Conditions against any Agent. An Agent is not required to take any action under this Agreement which would require it to incur any expense or liability for which (in its reasonable opinion) either it would not be reimbursed within a reasonable time or in respect of which it has not been indemnified to its satisfaction.

Appears in 1 contract

Samples: Agency Agreement (Securitisation Advisory Services Pty LTD)

Duties and Obligations. Each Agent will perform the duties and obligations, and only the duties and obligations, contained in or reasonably incidental to this Agreement and the US$ Note Conditions and no implied duties or obligations (other than general laws as to agency) will be read into this Agreement or the US$ Note Conditions against any Agent. An Agent is not required to take any action under this Agreement which would require it to incur any expense or liability for which (in its reasonable opinion) either it would not be reimbursed within a reasonable time or in respect of which it has not been indemnified to its satisfaction.

Appears in 1 contract

Samples: Agency Agreement (Macquarie Securitisation LTD)

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