Limits on Clauses 14 Sample Clauses

Limits on Clauses 14. 4 and 14.5 The rights of the Security Trustee under Clause 14.4 (Security Trustee's Indemnity) and the rights of each Entitled Party under Clause 14.5 (Reimbursement of Receiver Etc.) shall not extend to any Liabilities, expenses, actions, proceedings, costs, claims and demands which are incurred by the Security Trustee or any other Entitled Party as a result of its own gross negligence, wilful misconduct or fraud.
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Related to Limits on Clauses 14

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