Eligible Lender Trustee May Act Through Agents. The Eligible Lender Trustee may execute any of the trusts or powers hereof and perform any duty hereunder, either itself or by or through its attorneys, agents, or employees, and it shall not be answerable or accountable for any default, neglect, or misconduct of any such attorneys, agents, or employees, if reasonable care has been exercised in the appointment, supervision, and monitoring of the work performed.
Appears in 14 contracts
Samples: Eligible Lender Trust Agreement, Eligible Lender Trust Agreement (Higher Education Funding I), Eligible Lender Trust Agreement (Gmac Elf LLC)
