Liability of Voting Trustee. The Voting Trustee shall exercise its best judgement in voting the Deposited Securities or otherwise in acting hereunder but shall not be liable to any person hereunder for any thing done or suffered or omitted in connection therewith except for its own individual willful misconduct or gross negligence. No Voting Trustee shall be required to give any bond or other security for the discharge of its duties.
Appears in 2 contracts
Samples: Investment Agreement (Mbia Inc), Investment Agreement (Mbia Inc)
Liability of Voting Trustee. The Voting Trustee shall exercise its best judgement judgment in voting the Deposited Securities Shares or otherwise in acting hereunder but shall not be liable to any person hereunder for any thing done or suffered or omitted in connection therewith except for its own individual willful misconduct or gross negligence. No Voting Trustee shall be required to give any bond or other security for the discharge of its duties.
Appears in 2 contracts
Samples: Voting Trust Agreement (HRPT Properties Trust), Voting Trust Agreement (HRPT Properties Trust)
Liability of Voting Trustee. The Voting Trustee shall exercise its best judgement in voting the Deposited Securities or otherwise judgment in acting hereunder but shall not be liable to any person hereunder for any thing anything done or suffered or omitted in connection therewith except for its own individual willful misconduct or gross negligence. No Voting Trustee shall be required to give any bond or other security for the discharge of its duties.
Appears in 1 contract
Samples: Voting Trust Agreement (Warburg Pincus Private Equity X, L.P.)
