Common use of IMPOSSIBILITY OR IMPRACTICABILITY Clause in Contracts

IMPOSSIBILITY OR IMPRACTICABILITY. If for any other reason it becomes impossible or impracticable for it to carry out any or all of the provisions of this deed or any other Transaction Document, the Note Trustee shall not be under any liability and, except to the extent of its own fraud, negligence or wilful default, nor shall it incur any liability by reason of any error of law or any matter or thing done or suffered or omitted to be done in good faith by it or its officers, employees, agents or delegates.

Appears in 1 contract

Samples: Me Portfolio Management LTD

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IMPOSSIBILITY OR IMPRACTICABILITY. If for any other reason whatsoever it becomes impossible or impracticable for it to carry out any or all of the provisions of this deed or any other Transaction Document, the Note Trustee shall not be under any liability and, except to the extent of its own fraud, negligence or wilful default, nor shall it incur any liability by reason of any error of law or any matter or thing done or suffered or omitted to be done in good faith by it or its officers, employees, agents or delegatesdelegates except to the extent of its own fraud, negligence or wilful default.

Appears in 1 contract

Samples: Interstar Securitisation Management Pty LTD

IMPOSSIBILITY OR IMPRACTICABILITY. If for any other reason whatsoever it becomes impossible or impracticable for it the Note Trustee to carry out any or all of the provisions of this deed or any other Transaction Document, the Note Trustee shall not be under any liability and, except to the extent of its own fraud, negligence or wilful default, nor shall it incur any liability by reason of any error of law or any matter or thing done or suffered or omitted to be done in good faith by it or its officers, employees, agents or delegates.

Appears in 1 contract

Samples: Servicing Agreement (Crusade Management LTD)

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IMPOSSIBILITY OR IMPRACTICABILITY. If for any other reason it becomes impossible or impracticable for it to carry out any or all of the provisions of this deed Deed or any other Transaction Document, the Note Trustee shall not be under any liability and, except to the extent of its own fraud, negligence negligence, default or wilful defaultbreach of trust, nor shall it incur any liability by reason of any error of law or any matter or thing done or suffered or omitted to be done in good faith by it or its officers, employees, agents or delegates.

Appears in 1 contract

Samples: Note Trust (Crusade Management LTD)

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