Common use of Liability of the Trustees Clause in Contracts

Liability of the Trustees. 9.1. A Trustee shall not be liable for any mistake of judgment or other action made, taken or omitted by the Trustee in good faith, nor for any action taken or omitted by any other Trustee or any agent or employee selected with reasonable care, and the duties and obligations of the Trustees hereunder shall be expressly limited to those imposed upon them by this Trust Agreement.

Liability of the Trustees. 9.1. A The Trustee shall not be liable for any error of judgment nor for any act of commission or omission, nor for any mistake of judgment law or other action madefact, taken nor for anything which he may do or omitted by the Trustee refrain from doing in good faith, nor generally shall he have any accountability hereunder, except for any action taken his own willful misconduct or omitted by any other Trustee or any agent or employee selected with reasonable care, and the duties and obligations of the Trustees hereunder shall be expressly limited to those imposed upon them by this Trust Agreementgross negligence.

Liability of the Trustees. 9.1. A The Trustee shall not be liable for any mistake error of judgment nor for any act of commission or other action made, taken or omitted by the Trustee in good faithomission, nor for any action taken mistake of law or omitted by fact, nor for anything which he may do or refrain from doing in good faith,. nor generally shall he have any other Trustee accountability hereunder, except for his own willful misconduct or any agent or employee selected with reasonable care, and the duties and obligations of the Trustees hereunder shall be expressly limited to those imposed upon them by this Trust Agreementgross negligence.