{"component": "clause", "props": {"groups": [{"samples": [{"hash": "llWQ62lQKYE", "uri": "/contracts/llWQ62lQKYE#as-trustee", "label": "Prototype Defined Contribution Plan Adoption Agreement (Corporate Realty Consultants Inc)", "score": 18.0, "published": true}, {"hash": "iFWJ7mVzgKw", "uri": "/contracts/iFWJ7mVzgKw#as-trustee", "label": "Prototype Defined Contribution Plan Adoption Agreement (Prentiss Properties Trust/Md)", "score": 18.0, "published": true}, {"hash": "hBD8JO5bDg", "uri": "/contracts/hBD8JO5bDg#as-trustee", "label": "401(k) Plan Adoption Agreement (Seitel Inc)", "score": 18.0, "published": true}], "snippet": "(Signature) (print or type name)", "size": 5, "snippet_links": [{"key": "print-or-type", "type": "clause", "offset": [13, 26]}], "hash": "9793ada6f45a7e46ca2de2e7d84a8b8d", "id": 1}, {"samples": [{"hash": "95slfikvXuw", "uri": "/contracts/95slfikvXuw#as-trustee", "label": "401(k) Plan Adoption Agreement (Good Guys Inc)", "score": 18.0, "published": true}], "snippet": "(X) (Signature) (print or type name) ------------------------------- ---------------------------------- (X) (Signature) (print or type name) ------------------------------- ---------------------------------- (X) (Signature) (print or type name) ------------------------------- ---------------------------------- (X) (Signature) (print or type name) ------------------------------- ---------------------------------- (X) (Signature) (print or type name) ------------------------------- ---------------------------------- (X) (Signature) (print or type name) DATED: , 19 ----------------------------- ----- (X)", "size": 5, "snippet_links": [{"key": "print-or-type", "type": "clause", "offset": [17, 30]}], "hash": "f1a32dfaa678b946df8926a6f9342140", "id": 2}, {"samples": [{"hash": "iFWJ7mVzgKw", "uri": "/contracts/iFWJ7mVzgKw#as-trustee", "label": "Prototype Defined Contribution Plan Adoption Agreement (Prentiss Properties Trust/Md)", "score": 18.0, "published": true}], "snippet": "[X] ----------------------------------- --------------------------------------- (Signature) (print or type name) [X] ----------------------------------- --------------------------------------- (Signature) (print or type name) [X] ----------------------------------- --------------------------------------- (Signature) (print or type name) [X] ----------------------------------- --------------------------------------- (Signature) (print or type name) [X] ----------------------------------- --------------------------------------- (Signature) (print or type name) [X] ----------------------------------- --------------------------------------- (Signature) (print or type name) Dated: , 19 [X] ------------------------ -------- THE \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 TRUST COMPANIES AS TRUSTEE -------------------------------------------- This Trustee Acceptance and designation of Investment Committee are to be completed only when a \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 Trust Company is appointed as Trustee. To be completed by the Employer: Designation Of Investment Committee The Investment Committee for the Plan is (print or type names): Name: \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587. \u2587\u2587\u2587\u2587\u2587\u2587 --------------------------------------------------- Name: \u2587\u2587\u2587\u2587\u2587\u2587 \u2587. \u2587\u2587\u2587\u2587\u2587 --------------------------------------------------- Name: \u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 --------------------------------------------------- Name: --------------------------------------------------- Name: --------------------------------------------------- Name: --------------------------------------------------- To be completed by \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 Trust Company: ----------------------------------------------- Acceptance By Trustee: The undersigned hereby accept all of the terms, conditions, and obligations of appointment as Trustee under the Plan. If the Employer has elected a Group Trust in this Adoption Agreement, the undersigned Trustee(s) shall be the Trustee(s) of the Group Trust. SEAL MERRILL \u2587\u2587\u2587\u2587\u2587 TRUST COMPANY [FSB] By: /s/ \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587 ------------------------------------- Dated: April 2, 2001 ------------- THE \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 TRUST COMPANIES AS ONE OF THE TRUSTEES -------------------------------------------------------- This Trustee Acceptance is to be completed only if, in addition to a \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 Trust Companies as Trustee, the Employer appoints an additional Trustee of a second trust fund. The undersigned hereby accept all of the terms, conditions, and obligations of appointment as Trustee under the Plan. If the Employer has elected a Group Trust in this Adoption Agreement, the undersigned Trustee(s) shall be the Trustee(s) of the Group Trust.", "size": 4, "snippet_links": [{"key": "print-or-type", "type": "clause", "offset": [93, 106]}, {"key": "the-\u2587", "type": "clause", "offset": [728, 733]}, {"key": "trust-companies", "type": "definition", "offset": [746, 761]}, {"key": "trustee-acceptance", "type": "clause", "offset": [823, 841]}, {"key": "designation-of", "type": "definition", "offset": [846, 860]}, {"key": "investment-committee", "type": "definition", "offset": [861, 881]}, {"key": "a-\u2587", "type": "clause", "offset": [912, 915]}, {"key": "trust-company", "type": "definition", "offset": [928, 941]}, {"key": "by-the-employer", "type": "clause", "offset": [983, 998]}, {"key": "the-investment", "type": "definition", "offset": [1036, 1050]}, {"key": "the-plan", "type": "clause", "offset": [1065, 1073]}, {"key": "acceptance-by-trustee", "type": "clause", "offset": [1589, 1610]}, {"key": "the-undersigned-hereby", "type": "clause", "offset": [1612, 1634]}, {"key": "the-terms", "type": "definition", "offset": [1649, 1658]}, {"key": "obligations-of", "type": "clause", "offset": [1676, 1690]}, {"key": "appointment-as-trustee", "type": "clause", "offset": [1691, 1713]}, {"key": "group-trust", "type": "definition", "offset": [1760, 1771]}, {"key": "adoption-agreement", "type": "clause", "offset": [1780, 1798]}, {"key": "the-group", "type": "clause", "offset": [1854, 1863]}, {"key": "the-trustees", "type": "clause", "offset": [2049, 2061]}, {"key": "in-addition-to", "type": "clause", "offset": [2171, 2185]}, {"key": "additional-trustee", "type": "clause", "offset": [2255, 2273]}, {"key": "second-trust-fund", "type": "clause", "offset": [2279, 2296]}], "hash": "b7c618f6521f4a8583f7642efb364f7f", "id": 3}, {"samples": [{"hash": "bGT56x6YC2Q", "uri": "/contracts/bGT56x6YC2Q#as-trustee", "label": "Prototype Defined Contribution Plan Adoption Agreement (Labor Ready Inc)", "score": 18.0, "published": true}], "snippet": "(Signature) (print or type name) Dated: ______________, 19___ SEAL MERRILL \u2587\u2587\u2587\u2587\u2587 TRUST COMPANY [ ] --------------- By: --------------------------- Dated: ______________, 19___ DESIGNATION OF INVESTMENT COMMITTEE The Investment Committee for the Plan is (print or type names): Name: -------------------------------------------------- Name: -------------------------------------------------- Name: -------------------------------------------------- Name: --------------------------------------------------", "size": 4, "snippet_links": [{"key": "print-or-type", "type": "clause", "offset": [13, 26]}, {"key": "trust-company", "type": "definition", "offset": [81, 94]}, {"key": "designation-of", "type": "definition", "offset": [176, 190]}, {"key": "investment-committee", "type": "definition", "offset": [191, 211]}, {"key": "the-investment", "type": "definition", "offset": [212, 226]}, {"key": "the-plan", "type": "clause", "offset": [241, 249]}], "hash": "af9ed29f75bb05d7a26c49abb4ac87d9", "id": 4}, {"samples": [{"hash": "dS2xtytH2KL", "uri": "/contracts/dS2xtytH2KL#as-trustee", "label": "Trust Agreement (PPL Electric Utilities Corp)", "score": 19.0, "published": true}, {"hash": "46hxXL1Ly0K", "uri": "/contracts/46hxXL1Ly0K#as-trustee", "label": "Trust Agreement (PPL Electric Utilities Corp)", "score": 19.0, "published": true}], "snippet": "This Agreement and Declaration of Trust (hereinafter called the \"Trust Agreement\") made as of the 1st day of January, 2007, by and between PPL Corporation, a corporation organized and existing under the laws of the Commonwealth of Pennsylvania, with its principal place of business at Allentown, Pennsylvania, hereinafter referred to as \u201cPPL\" or the \"Company,\u201d and Wachovia Bank, N.A., with its principal place of business at Charlotte, North Carolina, hereinafter called the \"Trustee\",", "size": 3, "snippet_links": [{"key": "agreement-and-declaration-of-trust", "type": "definition", "offset": [5, 39]}, {"key": "trust-agreement", "type": "definition", "offset": [65, 80]}, {"key": "day-of", "type": "clause", "offset": [102, 108]}, {"key": "ppl-corporation", "type": "definition", "offset": [139, 154]}, {"key": "a-corporation", "type": "clause", "offset": [156, 169]}, {"key": "organized-and-existing", "type": "clause", "offset": [170, 192]}, {"key": "commonwealth-of-pennsylvania", "type": "definition", "offset": [215, 243]}, {"key": "principal-place-of-business", "type": "definition", "offset": [254, 281]}, {"key": "wachovia-bank", "type": "clause", "offset": [365, 378]}, {"key": "north-carolina", "type": "definition", "offset": [437, 451]}], "hash": "b253adef5732c950dd75fb906f58da26", "id": 5}, {"samples": [{"hash": "id1JSCkx2oo", "uri": "/contracts/id1JSCkx2oo#as-trustee", "label": "Indenture (Equity Office Properties Trust)", "score": 18.0, "published": true}, {"hash": "gwYTJb8bJVF", "uri": "/contracts/gwYTJb8bJVF#as-trustee", "label": "Indenture (Equity Office Properties Trust)", "score": 18.0, "published": true}], "snippet": "By: ------------------------ as Authenticating Agent By: ------------------------ Authorized Signatory If all of the Securities of any series may not be originally issued at one time, and if the Trustee does not have an office capable of authenticating Securities upon original issuance located in a Place of Payment where the Issuer wishes to have Securities of such series authenticated upon original issuance, the Trustee, if so requested in writing (which writing need not be accompanied by or contained in an Officers' Certificate by the Issuer), shall appoint in accordance with this Section an Authenticating Agent having an office in a Place of Payment designated by the Issuer with respect to such series of Securities. ARTICLE SEVEN", "size": 3, "snippet_links": [{"key": "as-authenticating-agent", "type": "clause", "offset": [29, 52]}, {"key": "authorized-signatory", "type": "definition", "offset": [82, 102]}, {"key": "the-securities", "type": "definition", "offset": [113, 127]}, {"key": "originally-issued", "type": "definition", "offset": [153, 170]}, {"key": "the-trustee", "type": "clause", "offset": [191, 202]}, {"key": "capable-of", "type": "definition", "offset": [227, 237]}, {"key": "original-issuance", "type": "definition", "offset": [269, 286]}, {"key": "located-in", "type": "definition", "offset": [287, 297]}, {"key": "place-of-payment", "type": "definition", "offset": [300, 316]}, {"key": "in-writing", "type": "clause", "offset": [442, 452]}, {"key": "contained-in", "type": "definition", "offset": [498, 510]}, {"key": "an-officers", "type": "clause", "offset": [511, 522]}, {"key": "by-the-issuer", "type": "clause", "offset": [536, 549]}, {"key": "in-accordance-with", "type": "definition", "offset": [566, 584]}, {"key": "an-authenticating-agent", "type": "clause", "offset": [598, 621]}, {"key": "with-respect-to", "type": "clause", "offset": [686, 701]}, {"key": "series-of-securities", "type": "definition", "offset": [707, 727]}, {"key": "article-seven", "type": "definition", "offset": [729, 742]}], "hash": "edc51c190ae211ab4aaafee0f0af4fe3", "id": 6}, {"samples": [{"hash": "9MTKqQbTS3Q", "uri": "/contracts/9MTKqQbTS3Q#as-trustee", "label": "Indenture (Evans Withycombe Residential Lp)", "score": 18.0, "published": true}], "snippet": "By: ------------------------------------ Authorized Signatory SECTION 203. SECURITIES ISSUABLE IN GLOBAL FORM. If Securities of or within a series are issuable in global form, as specified as contemplated by Section 301, then, notwithstanding clause (9) of Section 301 and the provisions of Section 302, any such Security shall represent such of the Outstanding Securities of such series as shall be specified therein and may provide that it or any number of such Securities shall represent the aggregate amount of Outstanding Securities of such series from time to time endorsed thereon and may also provide that the aggregate amount of Outstanding Securities of such series represented thereby may from time to time be increased or decreased to reflect exchanges. Any endorsement of a Security in global form to reflect the amount, or any increase or decrease in the amount, of Outstanding Securities represented thereby shall be made in such manner and by such Person or Persons as shall be specified therein or in the Issuer Order to be delivered pursuant to Section 303 or 304. Subject to the provisions of Section 303 and, if applicable, Section 304, the Trustee shall deliver and redeliver any Security in permanent global form in the manner and upon instructions given by the Person or Persons specified therein or in the applicable Issuer Order. If an Issuer Order pursuant to Section 303 or 304 has been, or simultaneously is, delivered, any instructions by the Issuer with respect to endorsement or delivery or redelivery of a Security in global form shall be in writing but need not comply with Section 102 and need not be accompanied by an Opinion of Counsel. The provisions of the last sentence of Section 303 shall apply to any Security represented by a Security in global form if such Security was never issued and sold by the Issuer and the Issuer delivers to the Trustee the Security in global form together with written instructions (which need not comply with Section 102 and need not be accompanied by an Opinion of Counsel) with regard to the reduction in the principal amount of Securities represented thereby, together with the written statement contemplated by the last sentence of Section 303. Notwithstanding the provisions of Section 307, unless otherwise specified as contemplated by Section 301, payment of principal of, and any premium and interest on, and any Additional Amounts in respect of, any Security in temporary or permanent global form shall be made to the Person or Persons specified therein. Notwithstanding the provisions of Section 308 and except as provided in the preceding paragraph, the Issuer, the Trustee and any agent of the Issuer and the Trustee shall treat as the Holder of such principal amount of Outstanding Securities represented by a global Security (i) in the case of global Security in registered form, the Holder of such global Security in registered form, or (ii) in the case of a global Security in bearer form, the Person or Persons specified pursuant to Section 301. ARTICLE THREE THE SECURITIES", "size": 3, "snippet_links": [{"key": "authorized-signatory", "type": "definition", "offset": [41, 61]}, {"key": "section-203", "type": "definition", "offset": [62, 73]}, {"key": "securities-issuable-in-global-form", "type": "clause", "offset": [75, 109]}, {"key": "as-specified", "type": "clause", "offset": [176, 188]}, {"key": "section-301", "type": "definition", "offset": [208, 219]}, {"key": "notwithstanding-clause", "type": "clause", "offset": [227, 249]}, {"key": "section-302", "type": "clause", "offset": [291, 302]}, {"key": "such-security", "type": "definition", "offset": [308, 321]}, {"key": "outstanding-securities", "type": "clause", "offset": [350, 372]}, {"key": "number-of", "type": "clause", "offset": [449, 458]}, {"key": "aggregate-amount", "type": "definition", "offset": [495, 511]}, {"key": "from-time-to-time", "type": "clause", "offset": [553, 570]}, {"key": "increase-or-decrease", "type": "clause", "offset": [841, 861]}, {"key": "person-or-persons", "type": "clause", "offset": [964, 981]}, {"key": "issuer-order", "type": "definition", "offset": [1022, 1034]}, {"key": "section-303", "type": "clause", "offset": [1063, 1074]}, {"key": "subject-to-the-provisions", "type": "clause", "offset": [1083, 1108]}, {"key": "if-applicable", "type": "clause", "offset": [1129, 1142]}, {"key": "section-304", "type": "clause", "offset": [1144, 1155]}, {"key": "trustee-shall", "type": "definition", "offset": [1161, 1174]}, {"key": "applicable-issuer", "type": "definition", "offset": [1330, 1347]}, {"key": "by-the-issuer", "type": "clause", "offset": [1465, 1478]}, {"key": "with-respect-to", "type": "clause", "offset": [1479, 1494]}, {"key": "in-writing", "type": "clause", "offset": [1571, 1581]}, {"key": "comply-with", "type": "clause", "offset": [1595, 1606]}, {"key": "section-102", "type": "definition", "offset": [1607, 1618]}, {"key": "opinion-of-counsel", "type": "definition", "offset": [1653, 1671]}, {"key": "the-last-sentence", "type": "clause", "offset": [1691, 1708]}, {"key": "represented-by", "type": "definition", "offset": [1752, 1766]}, {"key": "to-the-trustee", "type": "clause", "offset": [1874, 1888]}, {"key": "the-security", "type": "clause", "offset": [1889, 1901]}, {"key": "written-instructions", "type": "definition", "offset": [1931, 1951]}, {"key": "with-regard-to", "type": "clause", "offset": [2046, 2060]}, {"key": "reduction-in", "type": "definition", "offset": [2065, 2077]}, {"key": "amount-of-securities", "type": "clause", "offset": [2092, 2112]}, {"key": "written-statement", "type": "clause", "offset": [2152, 2169]}, {"key": "notwithstanding-the-provisions-of", "type": "clause", "offset": [2220, 2253]}, {"key": "section-307", "type": "clause", "offset": [2254, 2265]}, {"key": "unless-otherwise-specified", "type": "clause", "offset": [2267, 2293]}, {"key": "principal-of", "type": "definition", "offset": [2337, 2349]}, {"key": "interest-on", "type": "definition", "offset": [2371, 2382]}, {"key": "additional-amounts", "type": "definition", "offset": [2392, 2410]}, {"key": "in-respect-of", "type": "clause", "offset": [2411, 2424]}, {"key": "section-308", "type": "clause", "offset": [2569, 2580]}, {"key": "agent-of-the-issuer", "type": "clause", "offset": [2664, 2683]}, {"key": "the-holder", "type": "clause", "offset": [2715, 2725]}, {"key": "global-security", "type": "clause", "offset": [2794, 2809]}, {"key": "in-the-case", "type": "clause", "offset": [2814, 2825]}, {"key": "registered-form", "type": "clause", "offset": [2848, 2863]}, {"key": "article-three-the-securities", "type": "clause", "offset": [3034, 3062]}], "hash": "77df17fbaf774adf0c553580e0b48c6d", "id": 7}, {"samples": [{"hash": "1npAVs1l6b6", "uri": "/contracts/1npAVs1l6b6#as-trustee", "label": "Agency Agreement", "score": 24.87816564, "published": true}], "snippet": "The Notes will be issued subject to and with the benefit of the amended and restated Agency Agreement (as amended and/or supplemented from time to time the \u201cAgency Agreement\u201d) dated 30 September 2021 and entered into between, inter alios, the Issuer, the Trustee, Citibank, N.A., London Branch as Agent (the \u201cAgent\u201d which expression shall include its successor or successors for the time being under the Agency Agreement) and the other parties named therein.", "size": 3, "snippet_links": [{"key": "the-notes", "type": "clause", "offset": [0, 9]}, {"key": "subject-to", "type": "definition", "offset": [25, 35]}, {"key": "the-benefit", "type": "definition", "offset": [45, 56]}, {"key": "amended-and-restated-agency-agreement", "type": "definition", "offset": [64, 101]}, {"key": "as-amended", "type": "definition", "offset": [103, 113]}, {"key": "from-time-to-time", "type": "clause", "offset": [134, 151]}, {"key": "entered-into", "type": "clause", "offset": [204, 216]}, {"key": "the-issuer", "type": "clause", "offset": [239, 249]}, {"key": "the-trustee", "type": "clause", "offset": [251, 262]}, {"key": "london-branch", "type": "clause", "offset": [280, 293]}, {"key": "the-agency-agreement", "type": "clause", "offset": [400, 420]}, {"key": "parties-named", "type": "clause", "offset": [436, 449]}], "hash": "ecdbad4401b5296508c6e73430b3a2b1", "id": 8}, {"samples": [{"hash": "8pdknYCI8eR", "uri": "/contracts/8pdknYCI8eR#as-trustee", "label": "First Supplemental Indenture (Beckman Coulter Inc)", "score": 18.0, "published": true}], "snippet": "FIRST SUPPLEMENTAL INDENTURE Dated as of November 19, 2001 --------------------------------- Supplemental to Senior Indenture dated as of April 25, 2001 -------------------------------------------------------------------------------- TABLE OF CONTENTS PAGE ---- ARTICLE I DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION Section 101. Definitions.......................................................1 Section 102. Conflicts with Base Indenture.....................................8 ARTICLE II FORM OF NOTES Section 201. Form of Notes.....................................................8", "size": 3, "snippet_links": [{"key": "first-supplemental-indenture", "type": "clause", "offset": [0, 28]}, {"key": "dated-as-of", "type": "definition", "offset": [29, 40]}, {"key": "senior-indenture", "type": "definition", "offset": [109, 125]}, {"key": "april-25", "type": "definition", "offset": [138, 146]}, {"key": "table-of-contents-page", "type": "clause", "offset": [234, 256]}, {"key": "definitions-and-other-provisions-of-general-application", "type": "clause", "offset": [272, 327]}, {"key": "section-101", "type": "clause", "offset": [328, 339]}, {"key": "section-102", "type": "definition", "offset": [409, 420]}, {"key": "conflicts-with-base-indenture", "type": "clause", "offset": [422, 451]}, {"key": "article-ii", "type": "definition", "offset": [490, 500]}, {"key": "form-of-notes", "type": "clause", "offset": [501, 514]}, {"key": "section-201", "type": "clause", "offset": [515, 526]}], "hash": "1b4d377d15c4cd9f72fb25ab90de3c98", "id": 9}, {"samples": [{"hash": "hHEjPHjfKES", "uri": "/contracts/hHEjPHjfKES#as-trustee", "label": "Trust Agreement (Doral Financial Corp)", "score": 18.0, "published": true}], "snippet": "DATED NOVEMBER 3, 1999 ---------------------- SECURING $44,765,000 INDUSTRIAL REVENUE BONDS, 1999 SERIES A (DORAL FINANCIAL CENTER PROJECT) ================================================================================ 2 RECONCILIATION AND TIE BETWEEN TRUST INDENTURE ACT OF 1939 AND TRUST AGREEMENT DATED AS OF NOVEMBER 3, 1999 TRUST INDENTURE INDENTURE SECTION ACT SECTION", "size": 3, "snippet_links": [{"key": "industrial-revenue-bonds", "type": "clause", "offset": [67, 91]}, {"key": "series-a", "type": "definition", "offset": [98, 106]}, {"key": "financial-center", "type": "definition", "offset": [114, 130]}, {"key": "reconciliation-and-tie", "type": "clause", "offset": [223, 245]}, {"key": "trust-indenture-act-of-1939", "type": "clause", "offset": [254, 281]}, {"key": "trust-agreement", "type": "definition", "offset": [286, 301]}, {"key": "dated-as-of", "type": "definition", "offset": [302, 313]}, {"key": "indenture-section", "type": "clause", "offset": [347, 364]}], "hash": "868f6ad668fa570a5bedfb785d8b5ba0", "id": 10}], "next_curs": "ClMSTWoVc35sYXdpbnNpZGVyY29udHJhY3Rzci8LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhNhcy10cnVzdGVlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"parents": [], "title": "AS TRUSTEE", "size": 78, "children": [["", ""], ["execution-as-supplemental-indenture", "Execution as Supplemental Indenture"], ["provisions-binding-on-successors", "Provisions Binding on Successors"], ["new-york-contract", "New York Contract"], ["execution-and-counterparts", "Execution and Counterparts"]], "id": "as-trustee", "related": [["deutsche-trustee-company", "DEUTSCHE TRUSTEE COMPANY", "DEUTSCHE TRUSTEE COMPANY"], ["indenture-trustee-not-obligated", "Indenture Trustee Not Obligated", "Indenture Trustee Not Obligated"], ["rules-by-trustee-paying-agent-and-registrar", "Rules by Trustee, Paying Agent and Registrar", "Rules by Trustee, Paying Agent and Registrar"], ["appointment-of-co-trustee-separate-trustee-or-custodian", "Appointment of Co-Trustee, Separate Trustee or Custodian", "Appointment of Co-Trustee, Separate Trustee or Custodian"], ["resignation-and-removal-of-trustee-and-the-securities-administrator", "Resignation and Removal of Trustee and the Securities Administrator", "Resignation and Removal of Trustee and the Securities Administrator"]], "related_snippets": [], "updated": "2025-07-07T12:37:48+00:00", "also_ask": ["What key powers and limitations should be expressly included for the trustee?", "How can the clause be drafted to minimize trustee liability and personal exposure?", "What are the most common enforceability challenges to 'as trustee' clauses in court?", "How does this clause compare to standard trustee limitation of liability provisions in similar agreements?", "What negotiation leverage does the 'as trustee' capacity provide or restrict for each party?"], "drafting_tip": "Specify the trustee's powers and duties to prevent misinterpretation; clarify liability limitations to protect the trustee; identify beneficiaries to ensure proper administration.", "explanation": "The \"AS TRUSTEE\" clause defines that a party is acting in the capacity of a trustee rather than in a personal or individual capacity. This means that any rights, obligations, or liabilities arising under the agreement are attributed to the party only in their role as trustee of a specified trust, not personally. For example, if a company signs a contract as trustee for a family trust, only the trust's assets are at risk, not the company's own assets. This clause is essential for clarifying the legal standing of the party and for limiting personal liability, ensuring that obligations are enforceable only against trust assets and not against the trustee personally."}, "json": true, "cursor": ""}}