Common use of Entitlement of the Trustee Clause in Contracts

Entitlement of the Trustee. In connection with the exercise of its functions (including but not limited to those referred to in this Condition) the Trustee shall have regard to the interests of the Noteholders as a class and, in particular but without limitation, shall not have regard to the consequences of the exercise of its trusts, powers or discretions for individual Noteholders resulting from their being for any purpose domiciled or resident in, or otherwise connected with, or subject to the jurisdiction of, any particular territory, and the Trustee shall not be entitled to require, nor shall any Noteholder be entitled to claim, from the Issuer or any other person any indemnification or payment in respect of any tax consequence of any such exercise upon individual Noteholders.

Appears in 5 contracts

Samples: Trust Deed (Gold Fields LTD), Trust Deed (Gold Fields LTD), Trust Deed (Sibanye Gold LTD)

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