Common use of ENTITLED TO DEAL Clause in Contracts

ENTITLED TO DEAL. A Note Party shall not be precluded from acquiring, holding or dealing in any Class A Notes or from engaging or being interested in any contract or other financial or other transaction with the Trustee, the Manager or the Servicer as freely as if it were not an agent of the Trustee under this agreement and in no event whatsoever (other than fraud, wilful misconduct, negligence or bad faith) shall any Note Party be liable to account to the Trustee or any person entitled to receive amounts of principal or interest on the Class A Notes for any profit made or fees or commissions received in connection with this agreement or any Class A Notes.

Appears in 4 contracts

Samples: Agency Agreement (Crusade Management LTD), Agency Agreement (Crusade Management LTD), Agency Agreement (Crusade Management LTD)

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ENTITLED TO DEAL. A Note Party shall not be precluded from acquiring, holding or dealing in any Class A Notes or from engaging or being interested in any contract or other financial or other transaction with the Trustee, the Trust Manager or the Servicer as freely as if it were not an agent of the Trustee under this agreement and in no event whatsoever (other than fraud, wilful misconduct, negligence or bad faith) shall any Note Party be liable to account to the Trustee or any person entitled to receive amounts of principal or interest on the Class A Notes for any profit made or fees or commissions received in connection with this agreement or any Class A Notes.

Appears in 2 contracts

Samples: Agency Agreement (Westpac Securitisation Management Pty LTD), Agency Agreement (Westpac Securitisation MGT Pty LTD Series 2002-1g WST Trust)

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ENTITLED TO DEAL. A Note Party shall not be precluded from acquiring, holding or dealing in any Class A A-1 Notes or from engaging or being interested in any contract or other financial or other transaction with the Trustee, the Manager or the Servicer as freely as if it were not an agent of the Trustee under this agreement and in no event whatsoever (other than fraud, wilful misconduct, negligence or bad faith) shall any Note Party be liable to account to the Trustee or any person entitled to receive amounts of principal or interest on the Class A A-1 Notes for any profit made or fees or commissions received in connection with this agreement or any Class A A-1 Notes.

Appears in 1 contract

Samples: Agency Agreement (Crusade Management LTD)

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