Common use of No Authority Clause in Contracts

No Authority. No attorney or agent appointed in accordance with this Agreement has authority to act on behalf of the Trustee in a way which exposes the Trustee to any personal liability and no act or omission of any such person will be considered fraudulent, negligent or a wilful default of the Trustee for the purposes of clause 15.3.

Appears in 5 contracts

Samples: Liquidity Facility Agreement (Securitisation Advisory Services Pty LTD), Liquidity Facility Agreement (Medallion Trust Series 2007-1g), Securitisation Advisory Services Pty LTD

AutoNDA by SimpleDocs

No Authority. No attorney or agent appointed in accordance with this Agreement has authority to act on behalf of the Trustee in a way which exposes the Trustee to any personal liability and no act or omission of any such person will be considered fraudulent, negligent or a wilful default of the Trustee for the purposes of clause 15.313.3.

Appears in 4 contracts

Samples: Securitisation Advisory Services Pty LTD, Securitisation Advisory Services Pty LTD, Securitisation Advisory Services Pty LTD

No Authority. No attorney attorney, agent, receiver or agent receiver and manager appointed in accordance with this Agreement Deed has authority to act on behalf of the Trustee in a way which exposes the Trustee to any personal liability and no act or omission of any such person will be considered fraudulentfraud, negligent negligence or a wilful default of the Trustee for the purposes of clause 15.328.3.

Appears in 2 contracts

Samples: Securitisation Advisory Services Pty LTD, Securitisation Advisory Services Pty LTD

AutoNDA by SimpleDocs

No Authority. No attorney attorney, agent, receiver or agent receiver and manager appointed in accordance with this Agreement agreement or any other Transaction Document has authority to act on behalf of the Trustee in a way which that exposes the Trustee to any personal liability liability, and no act or omission of any such person will be considered fraudulentfraud, negligent gross negligence or a wilful default of the Trustee for the purposes purpose of clause 15.315.3 (“Breach of Trust”).

Appears in 1 contract

Samples: Anz Capel Court LTD

Time is Money Join Law Insider Premium to draft better contracts faster.