No Duty to Renew Insurance. The Trustee shall be under no duty to effect or to renew any insurance policy nor shall it incur any liability for the failure of the Issuer to require or effect or renew insurance or to report or file claims of loss thereunder.
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Samples: Master Trustee Agreement (Ameri Metro, Inc. (Formerly Yellowwood)), Master Trust Indenture
No Duty to Renew Insurance. The Trustee shall be under no duty to effect or to renew any insurance policy required under Section 7.02 of the Loan Agreement nor shall it incur any liability for the failure of the Issuer Authority to require or effect or renew insurance or to report or file claims of loss thereunder.
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Samples: Trust Indenture (Middlesex Water Co)
No Duty to Renew Insurance. The Trustee shall be under no duty to effect or to renew any insurance policy nor shall it incur any liability for the failure of the Issuer Company to require or effect or renew insurance or to report or file claims of loss thereunder.
Appears in 1 contract
