Common use of Related Body Corporate of the Security Trustee Clause in Contracts

Related Body Corporate of the Security Trustee. Where the Security Trustee delegates any of its trusts, duties, powers, authorities and discretions to any person who is a Related Body Corporate of the Security Trustee, the Security Trustee at all times remains liable for the acts or omissions of such Related Body Corporate and for the payment of fees of that Related Body Corporate when acting as delegate. -------------------------------------------------------------------------------- 15. Duties of the Security Trustee 15.1 Duties of the Security Trustee limited to duties in this Deed The Security Trustee has no duties or responsibilities in its capacity as trustee other than those expressly set out in this Deed.