Common use of CUSTODIANS AND AGENTS Clause in Contracts

CUSTODIANS AND AGENTS. When so instructed by the Company prior to a Change in Control with respect to Trust assets for which the Company has investment responsibility, and at the Trustee's sole discretion with respect to assets for which the Trustee has investment responsibility, the Trustee shall deposit any assets held by it with a custodian, which may not include the Company or an affiliate of the Company, and the Company shall hold harmless and defend the Trustee against any liability arising or asserted to arise out of the Trustee's compliance with directions under this Section 19 of this Trust Agreement.

CUSTODIANS AND AGENTS. When so instructed by the Company prior to a Change in Control with respect to Trust assets for which the Company has investment responsibility, and at the Trustee's ’s sole discretion with respect to assets for which the Trustee has investment responsibility, the Trustee shall deposit any assets held by it with a custodian, which may not include the Company or an affiliate of the Company, and the Company shall hold harmless and defend the Trustee against any liability arising or asserted to arise out of the Trustee's ’s compliance with directions under this Section 19 of this Trust Agreement.