Duties of the Trustee. Notwithstanding any additional duties imposed on the Note Trustee under the Trustee Act or otherwise, if an Event of Default has occurred and is continuing, the Note Trustee shall exercise the rights and powers and use the same degree of care and skill in their exercise as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.
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Samples: Trust Deed (Gracechurch Card Funding No 2 PLC), Trust Deed (Barclaycard Funding PLC), Trust Deed (Gracechurch Receivables Trustee LTD)
Duties of the Trustee. Notwithstanding any additional duties imposed on the Note Trustee under the Trustee Trustees Act 1925 or otherwise, if an Event of Default has occurred and occurxxx xxx is continuing, the Note Trustee shall exercise the rights and powers and use the same degree of care and skill in their exercise as a prudent man would exercise or use under the circumstances in the conduct of his own affairs.
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