Common use of SECURITY TRUSTEE Clause in Contracts

SECURITY TRUSTEE. The Security Trustee shall have no responsibility for any of the obligations of the Master Issuer or any other party to this Agreement (other than itself). For the avoidance of doubt, the parties to this Agreement acknowledge that the rights, protections and obligations of the Security Trustee under this Agreement are governed by the Funding Deed of Charge.

Appears in 6 contracts

Sources: Master Intercompany Loan Agreement, Master Intercompany Loan Agreement, Master Intercompany Loan Agreement

SECURITY TRUSTEE. The Security Trustee shall have no responsibility for any of the obligations of the Master Issuer or any other party to this Agreement (other than itself). For the avoidance of doubt, the parties to this Agreement acknowledge that the rights, protections rights and obligations of the Security Trustee under this Agreement are governed by the Funding Deed of Charge.

Appears in 2 contracts

Sources: Master Intercompany Loan Agreement (Holmes Funding LTD), Master Intercompany Loan Agreement (Holmes Funding LTD)

SECURITY TRUSTEE. The Security Trustee shall have no responsibility for any of the obligations of the Master Issuer Issuers or any other party to this Agreement the Intercompany Loan Agreements (other than itself). For the avoidance of doubt, the parties to this the Intercompany Loan Agreement acknowledge that the rights, protections rights and obligations of the Security Trustee under this Agreement the Intercompany Loan Agreements are governed by the Funding Deed of Charge.

Appears in 2 contracts

Sources: Intercompany Loan Agreement (HOLMES FINANCING (No. 9) PLC), Intercompany Loan Agreement (HOLMES FINANCING (No. 9) PLC)

SECURITY TRUSTEE. The Security Trustee shall have no responsibility for any of the obligations of the Master Issuer or any other party to this Agreement the Intercompany Loan Agreements (other than itself). For the avoidance of doubt, the parties to this the Intercompany Loan Agreement acknowledge that the rights, protections rights and obligations of the Security Trustee under this Agreement the Intercompany Loan Agreements are governed by the Funding 1 Deed of Charge.

Appears in 1 contract

Sources: Intercompany Loan Terms and Conditions (Permanent Mortgages Trustee LTD)

SECURITY TRUSTEE. The Security Trustee shall have no responsibility for any of the obligations of the Master Issuer or any other party to this Agreement (other than itself). For the avoidance of doubt, the parties to this Agreement acknowledge that the rights, protections rights and obligations of the Security Trustee under this Agreement are governed by the Funding 2 Deed of Charge.

Appears in 1 contract

Sources: Master Intercompany Loan Agreement (Permanent Funding (No. 2) LTD)