Common use of Discretion of Trustee Clause in Contracts

Discretion of Trustee. Save as expressly otherwise provided in this Trust Deed, as between itself and the Issuer, the Noteholders and the Couponholders, the Trustee will have absolute and uncontrolled discretion as to the exercise of the discretions, powers, trusts and functions hereby vested in the Trustee and will not be responsible for any loss, liability, cost, claim, action, demand, damages, expenses or inconvenience which may result from their exercise or non-exercise.