Common use of Engagement of Third Parties Clause in Contracts

Engagement of Third Parties. The Substitute Administrator Facilitator may appoint agents to perform any of the duties to be performed by the Substitute Administrator Facilitator, provided that the Substitute Administrator Facilitator remains liable for the performance of any duties by any agent as if such duty had been performed by the Substitute Administrator Facilitator itself and provided that such appointment will not result in the Issuer, the Seller or the Trustee becoming subject to tax in any jurisdiction other than in the United Kingdom or suffering any additional taxes which the Issuer or the Trustee would not have suffered absent such appointment.

Appears in 5 contracts

Samples: Agreement, Agreement, Agreement

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Engagement of Third Parties. The Substitute Administrator Facilitator may appoint agents to perform any of the duties to be performed by the Substitute Administrator Facilitator, provided that the Substitute Administrator Facilitator remains liable for the performance of any duties by any agent as if such duty had been performed by the Substitute Administrator Facilitator itself and provided that such appointment will not result in the Issuer, the Seller or the Trustee becoming subject to tax in any jurisdiction other than in the United Kingdom or suffering any additional taxes which the Issuer or the Trustee would not have suffered absent such appointment.

Appears in 3 contracts

Samples: investorreporting.paragonbankinggroup.co.uk, investorreporting.paragonbankinggroup.co.uk, investorreporting.paragonbankinggroup.co.uk

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