No Supervision. Neither Funding Security Trustee shall be obliged to monitor or supervise the performance by any substitute Servicer of its duties hereunder or in relation to the other Transaction Documents, nor shall the Funding Security Trustees be responsible or liable for any act or omission of such substitute Servicer or for any loss caused thereby.
Appears in 3 contracts
Samples: Administration Agreement (Granite Finance Funding 2 LTD), Administration Agreement (Granite Finance Trustees LTD), Administration Agreement (Granite Finance Trustees LTD)
No Supervision. Neither Funding Security Trustee shall be obliged to monitor or supervise the performance by any substitute Servicer Administrator of its duties hereunder or in relation to the other Transaction Documents, nor shall the Funding Security Trustees be responsible or liable for any act or omission of such substitute Servicer Administrator or for any loss caused thereby.
Appears in 1 contract
Samples: Administration Agreement (Granite Finance Trustees LTD)
