LogoLogo
  • Frictionless Markets - Legal, Fund Regs & Securitization
  • Overview
  • Legal Notices
    • Terms of Service
      • Public Site
      • Institutional Deposit Token Holders
    • Public Site Privacy Policy
  • Funds
    • Management Regulations
    • FRICTIONLESS MARKETS SECURITIES
      • PPM
        • Important Notices
        • AML/KYC – PRIIPS – MIFID - EMIR Regulations
        • Data Protection
        • Forward-Loooking Statements
        • 1. Definitons of Note Programme
        • 2. Risk Factors
        • 3. Documents & References
        • 4. Terms and Conditions of the Notes
        • Schedule 1: Use of Proceeds / Securitization Transaction
        • Schedule 2 – Description of the Issuer
        • Schedule 3 - Information on Security Arrangements
        • Schedule 4 - Taxation
        • Schedule 5 - Subscription & Sale
        • Schedule 6 - General Information
        • Schedule 7 - Conflicts of Interest
        • Schedule 8 - Responsibility
        • Schedule 9 - Exclusion of Liability
        • Schedule 10 - EU Sustainable Finance Disclosure Regulation (SFDR)
        • Schedule 11 - Directory
        • Schedule 12 - Data Privacy Notice
  • Resources
    • CSSF - Securitisation Law of 2004 (as amended)
    • CSSF - FAQ on Securitisation
    • CSSF - Financial Collateral Arrangements Law of 2005 (as amended)
Powered by GitBook
LogoLogo

Copyright © 2024 Frictionless Markets S.à.r.l

On this page
Export as PDF
  1. Funds
  2. FRICTIONLESS MARKETS SECURITIES
  3. PPM

Schedule 9 - Exclusion of Liability

Version 1 - Released and Dated 14th November 2022

SCHEDULE 9 - EXCLUSION OF LIABILITY

The Issuer, the Administrative, the Domiciliary and Corporate, Central Administration or Calculation Agent, the Auditor, the Paying Agent, the Settlement Agent, the Listing Agent, the Custodian, the Security Trustee and any of their shareholders, officers, employees, advisers, representatives and agents shall in no way be liable or responsible for any loss, cost, damages, expenses or inconvenience to the Noteholders or any other third parties for :

  • Any negative or poor performance of Underlying Assets,

  • The undertaking of payments of income or reimbursement or redemption to the Compartment by any debtor, holder, borrower or custodian of the Underlying Assets

  • Any decision(s), acts, omission(s), fraud(s) and more generally any act which may result from anything done or omitted to be done by any debtor, holder, borrower or custodian of the Underlying Assets

PreviousSchedule 8 - ResponsibilityNextSchedule 10 - EU Sustainable Finance Disclosure Regulation (SFDR)

Last updated 1 year ago