No Bond Required. No Trustee shall be obliged to give any bond or other security for the performance of any of his duties hereunder.
No Bond Required. Notwithstanding any state law to the contrary, each Trustee (including any successor Trustee) shall be exempt from giving any bond or other security in any jurisdiction.
No Bond Required. The Trustee shall not be required to furnish any bond or security of any kind.
No Bond Required. Notwithstanding any state law to the contrary, the Liquidating Trustee (including any successor Liquidating Trustee) shall be exempt from giving any bond or other security in any jurisdiction.
No Bond Required. No bond shall be required in any ---------------- jurisdiction of the trustees, or of any successor trustees, or if a bond is required by law, no surety on such bond shall be required.
No Bond Required. No bond shall be required of any Trustee serving hereunder, but the Trustees may elect to carry fidelity insurance on behalf of and at the expense of the Trust covering the actions of the Trustees and their employees and agents.
No Bond Required. The Trustee (including any successor Trustee appointed pursuant to Section 5.8) shall not be required to give any bond, surety or other security in any jurisdiction for the performance of any of its duties.
No Bond Required. The Trustee and any Successor Trustee shall not be required to give a bond. Each Trustee is only liable for that Trustee’s own actions and then only as a result of that Trustee’s own gross negligence or bad faith.
No Bond Required. Notwithstanding any state law to the contrary, the Tort Claims Trustee (including any successor trustee) shall be exempt from giving any bond or other surety in any jurisdiction.
No Bond Required. Unless otherwise required by law or by action of the Managing Trustee, no Managing Trustee shall be required to give bond, surety or security in any jurisdiction for the performance of any duties or obligations hereunder.
