Common use of Resignation of Cash Manager Clause in Contracts

Resignation of Cash Manager. The appointment of the Cash Manager under this Agreement may be terminated upon the expiry of not less than 12 months' written notice of termination given by the Cash Manager to the Issuer, the Seller and the Security Trustee without providing any reason therefor and without being responsible for any liability incurred by reason thereof unless such liability arises as a result of its own negligence, wilful default or fraud or from any breach by the Cash Manager of its obligations under this Agreement (or such shorter time as may be agreed between the Cash Manager, the Issuer, the Seller and the Security Trustee) provided that:

Appears in 8 contracts

Samples: Management Agreement, Management Agreement, Management Agreement

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Resignation of Cash Manager. The appointment of the Cash Manager under this Agreement may be terminated upon the expiry of not less than 12 months' written notice of termination given by the Cash Manager to the IssuerMortgages Trustee, the Seller Funding and the Security Trustee without providing any reason therefor and without being responsible for any liability incurred by reason thereof unless such liability arises as a result of its own negligence, wilful default or fraud or from any breach by the Cash Manager of its obligations under this Agreement (or such shorter time as may be agreed between the Cash Manager, the Issuer, the Seller and the Security Trustee) provided thatPROVIDED THAT:

Appears in 6 contracts

Samples: Cash Management Agreement, Cash Management Agreement, Management Agreement

Resignation of Cash Manager. The appointment of the Cash Manager under this Agreement may be terminated upon the expiry of not less than 12 months' written ’ notice of termination given by the Cash Manager to the Issuer, the Seller Guarantor and the Security Bond Trustee without providing any reason therefor and without being responsible for any liability incurred by reason thereof unless such liability arises as a result of its own negligence, wilful default or fraud or from any breach by the Cash Manager of its obligations under this Agreement (or such shorter time as may be agreed between the Cash Manager, the Issuer, the Seller Guarantor and the Security Bond Trustee) provided that:

Appears in 5 contracts

Samples: Cash Management Agreement, Cash Management Agreement, Cash Management Agreement

Resignation of Cash Manager. The appointment of the Cash Manager under this Agreement may be terminated upon the expiry of not less than 12 months' written notice of termination given by the Cash Manager to the Issuer, the Seller Guarantor LP and the Security Bond Trustee without providing any reason therefor and without being responsible for any liability incurred by reason thereof unless such liability arises as a result of its own negligence, wilful default or fraud or from any breach by the Cash Manager of its obligations under this Agreement (or such shorter time as may be agreed between the Cash Manager, the Issuer, the Seller Guarantor LP and the Security Bond Trustee) provided that:

Appears in 4 contracts

Samples: Cash Management Agreement (RBC Covered Bond Guarantor Limited Partnership), Cash Management Agreement, Cash Management Agreement (RBC Covered Bond Guarantor Limited Partnership)

Resignation of Cash Manager. The appointment of the Cash Manager under this Agreement may be terminated upon the expiry of not less than 12 months' written notice of termination given by the Cash Manager to the Issuer, the Seller LLP and the Security Trustee without providing any reason therefor and without being responsible for any liability incurred by reason thereof unless such liability arises as a result of its own negligence, wilful default or fraud or from any breach by the Cash Manager of its obligations under this Agreement (or such shorter time as may be agreed between the Cash Manager, the Issuer, the Seller LLP and the Security Trustee) provided that:

Appears in 2 contracts

Samples: Cash Management Agreement, Cash Management Agreement

Resignation of Cash Manager. The appointment of the Cash Manager under this Agreement may be terminated upon the expiry of not less than 12 months' written notice of termination given by the Cash Manager to the Issuer, the Seller Fund and the Security Trustee without providing any reason therefor and without being responsible for any liability incurred by reason thereof unless such liability arises as a result of its own negligence, wilful default or fraud or from any breach by the Cash Manager of its obligations under this Agreement Representative (or such shorter time as may be agreed between the Cash Manager, the Issuer, the Seller Fund and the Security TrusteeRepresentative) provided that:

Appears in 1 contract

Samples: Cash Management Agreement

Resignation of Cash Manager. The appointment of the Cash Manager under this Agreement may be terminated upon the expiry of not less than 12 months' written notice of termination given by the Cash Manager to the IssuerIss uer, the Seller and the Security Trustee without providing any reason therefor and without being responsible for any liability incurred by reason thereof unless such liability arises as a result of its own negligence, wilful default or fraud or from any breach by the Cash Manager of its obligations under this Agreement (or such shorter time as may be agreed between the Cash Manager, the Issuer, the Seller and the Security Trustee) provided that:

Appears in 1 contract

Samples: Cash Management Agreement

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Resignation of Cash Manager. The appointment of the Cash Manager under this Agreement may be terminated upon the expiry of not less than 12 six months' written notice of termination given by the Cash Manager to the Issuer, the Seller Issuer and the Security Trustee without providing any reason therefor and without being responsible for any liability incurred by reason thereof unless such liability arises as a result of its own gross negligence, wilful default or fraud or from any breach by the Cash Manager of its obligations under this Agreement (or such shorter time as may be agreed between the Cash Manager, the Issuer, the Seller and the Security Trustee) ); provided that:

Appears in 1 contract

Samples: Cash Management Agreement

Resignation of Cash Manager. The appointment of the Cash Manager under this Agreement may be terminated upon the expiry of not less than 12 months' written notice of termination given by the Cash Manager to the IssuerMortgages Trustee, the Seller Funding 1 and the Security Trustee without providing any reason therefor and without being responsible for any liability incurred by reason thereof unless such liability arises as a result of its own negligence, wilful default or fraud or from any breach by the Cash Manager of its obligations under this Agreement (or such shorter time as may be agreed between the Cash Manager, the Issuer, the Seller and the Security Trustee) provided thatPROVIDED THAT:

Appears in 1 contract

Samples: Cash Management Agreement (Permanent Mortgages Trustee LTD)

Resignation of Cash Manager. The appointment of the Cash Manager under this Agreement may be terminated upon the expiry of not less than 12 months' written notice of termination given by the Cash Manager to the Issuer, the Seller Guarantor and the Security Bond Trustee without providing any reason therefor and without being responsible for any liability incurred by reason thereof unless such liability arises as a result of its own negligence, wilful default or fraud or from any breach by the Cash Manager of its obligations under this Agreement (or such shorter time as may be agreed between the Cash Manager, the Issuer, the Seller Guarantor and the Security Bond Trustee) provided that:

Appears in 1 contract

Samples: Cash Management Agreement

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