Common use of Extent of Duties Clause in Contracts

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (i) be under any fiduciary duty towards any person other than the Master Issuer, (ii) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Issuer Note or Definitive Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, misconduct or negligence on the part of any such Agent), (iii) be under any obligation towards any person other than the Master Issuer Security Trustee, the Note Trustee, the Master Issuer and the other Agents or (iv) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Issuer Notes shall be held by them on trust to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Issuer Trust Deed.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (ia) be under any fiduciary duty towards any person other than the Master Sixth Issuer, (iib) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Sixth Issuer Note or Definitive Sixth Issuer Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, wilful misconduct or negligence on the part of any such Agent), (iiic) be under any obligation towards any person other than the Master Issuer Security Trustee, the Note Trustee, the Master Sixth Issuer and the other Agents or (ivd) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Sixth Issuer Notes shall be held by them on trust the Paying Agents to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Sixth Issuer Trust Deed.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (i) be under any fiduciary duty towards any person other than the Master Ninth Issuer, (ii) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Ninth Issuer Note or Definitive Ninth Issuer Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, misconduct or negligence on the part of any such Agent), (iii) be under any obligation towards any person other than the Master Ninth Issuer Security Trustee, the Note Trustee, the Master Ninth Issuer and the other Agents or (iv) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Ninth Issuer Notes shall be held by them on trust to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Ninth Issuer Trust Deed.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (ia) be under any fiduciary duty towards any person other than the Master Eighth Issuer, (iib) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Eighth Issuer Note or Definitive Eighth Issuer Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, wilful misconduct or negligence on the part of any such Agent), (iiic) be under any obligation towards any person other than the Master Issuer Security Trustee, the Note Trustee, the Master Eighth Issuer and the other Agents or (ivd) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Eighth Issuer Notes shall be held by them on trust the Paying Agents to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Eighth Issuer Trust Deed.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (ia) be under any fiduciary duty towards any person other than the Master Seventh Issuer, (iib) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Seventh Issuer Note or Definitive Seventh Issuer Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, wilful misconduct or negligence on the part of any such Agent), (iiic) be under any obligation towards any person other than the Master Issuer Security Trustee, the Note Trustee, the Master Seventh Issuer and the other Agents or (ivd) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Seventh Issuer Notes shall be held by them on trust the Paying Agents to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Seventh Issuer Trust Deed.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (i) be under any fiduciary duty towards any person other than the Master Eighth Issuer, (ii) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Eighth Issuer Note or Definitive Eighth Issuer Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, misconduct or negligence on the part of any such Agent), (iii) be under any obligation towards any person other than the Master Eighth Issuer Security Trustee, the Note Trustee, the Master Eighth Issuer and the other Agents or (iv) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Eighth Issuer Notes shall be held by them on trust to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Eighth Issuer Trust Deed.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (ia) be under any fiduciary duty towards any person other than the Master Issuer, (iib) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Issuer Note or Definitive Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, wilful misconduct or negligence on the part of any such Agent), (iiic) be under any obligation towards any person other than the Master Issuer Security Trustee, the Note Trustee, the Master Issuer and the other Agents or (ivd) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Issuer Notes shall be held by them on trust the Paying Agents to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Issuer Trust Deed.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (i) be under any fiduciary duty towards any person other than the Master Second Issuer, (ii) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Second Issuer Note or Definitive Second Issuer Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, wilful misconduct or negligence on the part of any such Agent), (iii) be under any obligation towards any person other than the Master Issuer Security Trustee, the Note Trustee, the Master Second Issuer and the other Agents or (iv) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Second Issuer Notes shall be held by them on trust the Paying Agents to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Second Issuer Trust Deed.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (ia) be under any fiduciary duty towards any person other than the Master Fourth Issuer, (iib) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Fourth Issuer Note or Definitive Fourth Issuer Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, wilful misconduct or negligence on the part of any such Agent), (iiic) be under any obligation towards any person other than the Master Issuer Security Trustee, the Note Trustee, the Master Fourth Issuer and the other Agents or (ivd) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Fourth Issuer Notes shall be held by them on trust the Paying Agents to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Fourth Issuer Trust Deed.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (i) be under any fiduciary duty towards any person other than the Master Sixth Issuer, (ii) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Sixth Issuer Note or Definitive Sixth Issuer Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, misconduct or negligence on the part of any such Agent), (iii) be under any obligation towards any person other than the Master Sixth Issuer Security Trustee, the Note Trustee, the Master Sixth Issuer and the other Agents or (iv) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Sixth Issuer Notes shall be held by them on trust to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Sixth Issuer Trust Deed.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (ia) be under any fiduciary duty towards any person other than the Master Fifth Issuer, (iib) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Fifth Issuer Note or Definitive Fifth Issuer Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, wilful misconduct or negligence on the part of any such Agent), (iiic) be under any obligation towards any person other than the Master Issuer Security Trustee, the Note Trustee, the Master Fifth Issuer and the other Agents or (ivd) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Fifth Issuer Notes shall be held by them on trust the Paying Agents to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Fifth Issuer Trust Deed.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (i) be under any fiduciary duty towards any person other than the Master Seventh Issuer, (ii) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Seventh Issuer Note or Definitive Seventh Issuer Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, misconduct or negligence on the part of any such Agent), (iii) be under any obligation towards any person other than the Master Seventh Issuer Security Trustee, the Note Trustee, the Master Seventh Issuer and the other Agents or (iv) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Seventh Issuer Notes shall be held by them on trust to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Seventh Issuer Trust Deed.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (ia) be under any fiduciary duty towards any person other than the Master Issuer, (iib) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Issuer Note or Definitive Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, wilful misconduct or negligence on the part of any such Agent), (iiic) be under any obligation towards any person other than the Master Issuer Security Trustee, the Note Trustee, the Master Issuer and the other Agents or (ivd) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Issuer Notes shall be held by them on trust the Paying Agents to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Issuer Trust Deed.

Extent of Duties. Each Agent shall only be obliged to perform the duties set out herein and such other duties as are necessarily incidental thereto. No Agent shall (ia) be under any fiduciary duty towards any person other than the Master Third Issuer, (iib) be responsible for or liable in respect of the authorisation, validity or legality of any Global Master Third Issuer Note or Definitive Third Issuer Note (as the case may be) amount paid by it hereunder or any act or omission of any other person including, without limitation, any other Agent (except to the extent that such liability arises out of any breach of contract, bad faith, wilful misconduct or negligence on the part of any such Agent), (iiic) be under any obligation towards any person other than the Master Issuer Security Trustee, the Note Trustee, the Master Third Issuer and the other Agents or (ivd) assume any relationship of agency or trust for or with any Noteholder except that funds received by the Paying Agents for the payment of any sums due in respect of any Master Third Issuer Notes shall be held by them on trust the Paying Agents to the extent required by the Trust Indenture Act for and on behalf of the relevant Noteholders until the expiration of the relevant prescription period under the Master Third Issuer Trust Deed.