Common use of Engagement of Third Parties Clause in Contracts

Engagement of Third Parties. The Sixth Issuer Corporate Services Provider may appoint agents to perform any of the duties to be performed by the Sixth Issuer Corporate Services Provider, provided that the Sixth Issuer Corporate Services Provider remains liable for the performance of any duties by any agent as if such duty had been performed by the Sixth Issuer Corporate Services Provider itself. The Sixth Issuer Corporate Services Provider shall not be liable for any loss to the Sixth Issuer arising from the negligence, fraud or wilful misconduct of any delegate appointed pursuant to this CLAUSE 8 in the event that the Sixth Issuer has given its written consent to such appointment, except to the extent such loss is caused by the gross negligence, wilful default, dishonesty or fraud of the Sixth Issuer Corporate Services Provider.

Appears in 2 contracts

Samples: Issuer Corporate Services Agreement (Permanent Mortgages Trustee LTD), Issuer Corporate Services Agreement (Permanent Financing (No. 6) PLC)

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Engagement of Third Parties. The Sixth Seventh Issuer Corporate Services Provider may appoint agents to perform any of the duties to be performed by the Sixth Seventh Issuer Corporate Services Provider, provided that the Sixth Seventh Issuer Corporate Services Provider remains liable for the performance of any duties by any agent as if such duty had been performed by the Sixth Seventh Issuer Corporate Services Provider itself. The Sixth Seventh Issuer Corporate Services Provider shall not be liable for any loss to the Sixth Seventh Issuer arising from the negligence, fraud or wilful misconduct of any delegate appointed pursuant to this CLAUSE 8 in the event that the Sixth Seventh Issuer has given its written consent to such appointment, except to the extent such loss is caused by the gross negligence, wilful default, dishonesty or fraud of the Sixth Seventh Issuer Corporate Services Provider.

Appears in 2 contracts

Samples: Issuer Corporate Services Agreement (Permanent Mortgages Trustee LTD), Issuer Corporate Services Agreement (Permanent Mortgages Trustee LTD)

Engagement of Third Parties. The Sixth Fourth Issuer Corporate Services Provider may appoint agents to perform any of the duties to be performed by the Sixth Fourth Issuer Corporate Services Provider, provided that the Sixth Fourth Issuer Corporate Services Provider remains liable for the performance of any duties by any agent as if such duty had been performed by the Sixth Fourth Issuer Corporate Services Provider itself. The Sixth Fourth Issuer Corporate Services Provider shall not be liable for any loss to the Sixth Fourth Issuer arising from the negligence, fraud or wilful misconduct of any delegate appointed pursuant to this CLAUSE 8 in the event that the Sixth Fourth Issuer has given its written consent to such appointment, except to the extent such loss is caused by the gross negligence, wilful default, dishonesty or fraud of the Sixth Fourth Issuer Corporate Services Provider.

Appears in 1 contract

Samples: Fourth Issuer Corporate Services Agreement (Permanent Mortgages Trustee LTD)

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Engagement of Third Parties. The Sixth Fifth Issuer Corporate Services Provider may appoint agents to perform any of the duties to be performed by the Sixth Fifth Issuer Corporate Services Provider, provided that the Sixth Fifth Issuer Corporate Services Provider remains liable for the performance of any duties by any agent as if such duty had been performed by the Sixth Fifth Issuer Corporate Services Provider itself. The Sixth Fifth Issuer Corporate Services Provider shall not be liable for any loss to the Sixth Fifth Issuer arising from the negligence, fraud or wilful misconduct of any delegate appointed pursuant to this CLAUSE 8 in the event that the Sixth Fifth Issuer has given its written consent to such appointment, except to the extent such loss is caused by the gross negligence, wilful default, dishonesty or fraud of the Sixth Fifth Issuer Corporate Services Provider.

Appears in 1 contract

Samples: Corporate Services Agreement (Permanent Financing (No. 5) PLC)

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