Common use of General Liability of Trustee Clause in Contracts

General Liability of Trustee. The Trustees are empowered to act in their discretion and shall not be personally or individually liable for any act or omission except in the case of negligence, bad faith, fraud, or any liability the Trustees may have vis-à-vis the Unit Owners as provided in Section 7.02 hereof.

General Liability of Trustee. The Trustees are Trustee is empowered to act in their its discretion and shall not be personally or individually liable for any act or omission except in the case of negligence, bad faith, fraud, faith or fraud and except for any liability the Trustees Trustee may have vis-àa-vis the Unit Owners Holders as provided in Section 7.02 hereof. No action taken or suffered in good faith by the Trustee in reliance upon and in accordance with the opinion of any expert pursuant to Section 7.06 hereof shall in any event constitute negligence, bad faith or fraud within the purview of this Section 7.01.

General Liability of Trustee. The Trustees are Trustee is empowered to act in their its discretion and shall not be personally or individually liable for any act or omission except in the case of negligence, bad faith, fraud, or any liability the Trustees Trustee may have vis-àa-vis the Unit Owners Participating Interest as provided in Section 7.02 8.2 hereof.