Common use of Duty of Trustee Clause in Contracts

Duty of Trustee. In the exercise of the powers, rights, duties and obligations prescribed or conferred by the terms of this Indenture, the Trustee must exercise that degree of care, diligence and skill that a prudent trustee would exercise in comparable circumstances.

Duty of Trustee. In the exercise of the powers, rights, rights and duties and obligations prescribed or conferred by the terms of this Indenture, the Trustee must shall act honestly and in good faith with a view to the best interests of the Debenture holders and shall exercise that degree of care, diligence and skill that a reasonably prudent trustee would exercise in comparable circumstances.

Duty of Trustee. In the exercise of the powers, its rights, duties and obligations prescribed or conferred by the terms of this Indenture, the Trustee must shall exercise that degree of care, diligence and skill that a reasonably prudent trustee would exercise in comparable circumstances.

Duty of Trustee. In the exercise of the powers, rights, rights and duties and obligations prescribed or conferred by the terms of this Trust Indenture, the Trustee must shall exercise that degree of care, diligence and skill that a reasonably prudent trustee would exercise in comparable circumstances.

Duty of Trustee. In the exercise of the powers, rights, duties and obligations prescribed or conferred by the terms of this Indenture, the Trustee must shall act honestly and in good faith with a view to the best interests of the Debentureholders and shall exercise that degree of care, diligence and skill that a reasonably prudent trustee person would exercise in comparable circumstances.