Common use of Entitlement of the Trustee Clause in Contracts

Entitlement of the Trustee. In connection with the exercise of any of its functions under the relevant Programme Documents, the Trustee shall have regard to the interests of the ETP Securityholders as a Series and shall not have regard to the consequences of such exercise for individual ETP Securityholders and the Trustee shall not be entitled to require, nor shall any ETP Securityholder be entitled to claim, from the Issuer any indemnification or payment in respect of any Tax consequence of any such exercise upon individual ETP Securityholders.

Appears in 6 contracts

Samples: Master Trust Deed, Master Trust Deed, Master Trust Deed

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!