No liability for loss. the Note Trustee will not be liable for any decline in the value nor any loss realised upon any sale or other disposition pursuant to the Trust Documents of, any of the Charged Property. In particular and without limitation, the Note Trustee shall not be liable for any such decline or loss directly or indirectly arising from its acting or failing to act as a consequence of an opinion reached by it in good faith based on advice received by it in accordance with the Trust Documents and the Conditions;
Appears in 4 contracts
Sources: Trust Deed (Gracechurch Card Funding No 2 PLC), Trust Deed (Gracechurch Receivables Trustee LTD), Trust Deed (Gracechurch Receivables Trustee LTD)
No liability for loss. the The Note Trustee will not be liable for any decline in the value nor any loss realised upon any sale or other disposition pursuant to the Trust Documents of, any of the Charged Property. In particular and without limitation, the Note Trustee shall not be liable for any such decline or loss directly or indirectly arising from its acting or failing to act as a consequence of an opinion reached by it in good faith based on advice received by it in accordance with the Trust Documents and the Conditions;.
Appears in 3 contracts
Sources: Trust Deed (Barclaycard Funding PLC), Trust Deed (Barclaycard Funding PLC), Trust Deed (Barclaycard Funding PLC)
No liability for loss. the Note Trustee will not be liable for any decline in the value nor any loss realised upon any sale or other disposition pursuant to the Trust Security Documents of, any of the Charged Secured Property. In particular and without limitation, the Note Trustee shall not be liable for any such decline or loss directly or indirectly arising from its acting or failing to act as a consequence of an opinion reached by it in good faith based on advice received by it in accordance with the Trust Security Documents and the Conditions;
Appears in 2 contracts
Sources: Turquoise Funding Note Trust Deed (Turquoise Receivables Trustee LTD), Note Trust Deed (Arran Funding LTD)
No liability for loss. the The Note Trustee will not be liable for any decline in the value nor any loss realised upon any sale or other disposition pursuant to the Trust Documents of, any of the Charged Property. In particular and without limitation, the Note Trustee shall not be liable for any such decline or loss directly or indirectly arising from its acting or failing to act as a consequence of an opinion reached by it in good faith based on advice received by it in accordance with the Trust Documents and the Note Conditions;.
Appears in 1 contract
No liability for loss. the The Note Trustee will not be liable for any decline in the value nor any loss realised upon any sale or other disposition pursuant to the Trust Documents of, of any of the Issuer Charged PropertyProperty made pursuant to this Trust Deed. In particular and without limitation, the Note Trustee shall not be liable for any such decline or loss directly or indirectly arising from its acting or failing to act as a consequence of an opinion reached by it in good faith based on advice received by it in accordance with the Trust Issuer Transaction Documents and the Conditions;.
Appears in 1 contract
Sources: Tenth Supplemental Trust Deed
No liability for loss. the The Note Trustee will not be liable for any decline in the value nor any loss realised upon any sale or other disposition pursuant to the Trust Security Documents of, any of the Charged Secured Property. In particular and without limitation, the Note Trustee shall not be liable for any such decline or loss directly or indirectly arising from its acting or failing to act as a consequence of an opinion reached by it in good faith based on advice received by it in accordance with the Trust Security Documents and the Conditions;.
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