No Financial Liability. Notwithstanding any other provision of these presents or of any other Current Issuer Transaction Document, nothing shall require the Note Trustee to risk its own funds or otherwise incur any financial liability in the performance of any of its duties or in the exercise of any of its rights or powers or otherwise in connection with these presents or any other Current Issuer Transaction Document (including, without limitation, forming any opinion or employing any legal, financial or other adviser), if it shall believe that repayment of such funds or adequate indemnity against such risk or liability is not assured to it. The Note Trustee shall not be responsible for exercising the rights of any of the parties under the Current Issuer Transaction Documents or considering the basis upon which the approvals or consents are granted by any of the parties under the Current Issuer Transaction Documents.
Appears in 12 contracts
Samples: Granite Mortgages 03-1 PLC, Granite Mortgages 03-2 PLC, Granite Mortgages 03-1 PLC
No Financial Liability. Notwithstanding any other provision of these presents this Deed or of any other Current Issuer Transaction Document, nothing shall require the Note Issuer Security Trustee to risk its own funds or otherwise incur any financial liability in the performance of any of its duties or in the exercise of any of its rights or powers or otherwise in connection with these presents this Deed or any other Current Issuer Transaction Document (including, without limitation, forming any opinion or employing any legal, financial or other adviser), if it shall believe that repayment of such funds or adequate indemnity against such risk or liability is not assured to it. The Note Issuer Security Trustee shall not be responsible for exercising the rights of any of the parties under the Current Issuer Transaction Documents or considering the basis upon which the approvals or consents are granted by any of the parties under the Current Issuer Transaction Documents.
Appears in 3 contracts
Samples: Granite Finance Trustees LTD, Granite Finance Trustees LTD, Granite Finance Funding 2 LTD
No Financial Liability. Notwithstanding any other provision of these presents or of any other Current Issuer Transaction Document, nothing shall require the Note Trustee to risk its own funds or otherwise incur any financial liability in the performance of any of its duties or in the exercise of any of its rights or powers or otherwise in connection with these presents or any other Current Issuer Transaction Document (including, without limitation, forming any opinion or employing any legal, financial or other adviser), if it shall believe that repayment of such funds or adequate indemnity against such risk or liability is not assured to it. The Note Trustee shall not be responsible for exercising the rights of any of the parties under the Current Issuer Transaction Documents or considering the basis upon which the approvals or consents are granted by any of the parties under the Current Issuer Transaction Documents.
Appears in 3 contracts
Samples: Granite Finance Trustees LTD, Granite Finance Trustees LTD, Granite Finance Funding 2 LTD
No Financial Liability. Notwithstanding any other provision of these presents or of any other Current Issuer Transaction Document, nothing shall require the Note Trustee to risk its own funds or otherwise incur any financial liability in the performance of any of its duties or in the exercise of any of its rights or powers or otherwise in connection with these presents or any other Current Issuer Transaction Document (including, without limitation, forming any opinion or employing any legal, financial or other adviser), if it shall believe that repayment of such funds or adequate indemnity against such risk or liability is not assured to it. The Note Trustee shall not be responsible for exercising the rights of any of the parties under the Current Issuer Transaction Documents or considering the basis upon which the approvals or consents are granted by any of the parties under the Current Issuer Transaction Documents.Issuer
Appears in 2 contracts
Samples: Granite Mortgages 02-2 PLC, Granite Mortgages 03-1 PLC