Common use of DBTCA Clause in Contracts

DBTCA. hereby accepts its appointment as successor Trustee (trustee, registrar and paying agent) under the Indenture and accepts the trust created thereby, and assumes all estates, properties, rights, powers, trusts, duties and obligations of the Trustee under the Indenture. DBTCA will perform said trust and will exercise said rights, powers, trusts and duties upon the terms and conditions set forth in the Indenture, provided, however, that it is understood and agreed by the parties hereto that DBTCA does not assume responsibility for or any liability in connection with any negligence or other misconduct on the part of Citibank or its agents in connection with Citibank’s performance of the respective trusts, duties and obligations under the Indenture, and it is further understood and agreed by the parties that the provisions of Section 6.07 of the Indenture shall survive, for the benefit of Citibank, Citibank’s resignation hereunder.

Appears in 3 contracts

Samples: Tripartite Agreement (Tribune Co), Tripartite Agreement (Tribune Co), Tripartite Agreement (Tribune Co)

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DBTCA. hereby accepts its appointment as successor Trustee (trustee, registrar and paying agent) under the Indenture and accepts the trust created thereby, and assumes all estates, properties, rights, powers, trusts, duties and obligations of the Trustee under the Indenture. DBTCA will perform said trust and will exercise said rights, powers, trusts and duties upon the terms and conditions set forth in the Indenture, provided, however, that it is understood and agreed by the parties hereto that DBTCA does not assume responsibility for or any liability in connection with any negligence or other misconduct on the part of Citibank or its agents in connection with Citibank’s performance of the respective trusts, duties and obligations under the Indenture, and it is further understood and agreed by the parties that the provisions of Section 6.07 607 of the Indenture shall survive, for the benefit of Citibank, Citibank’s resignation hereunder.

Appears in 2 contracts

Samples: Tripartite Agreement (Tribune Co), Tripartite Agreement (Tribune Co)

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