Nonliability of Trustee for Acts of Others. Nothing contained in this Trust Agreement shall be deemed to be an assumption by the Trustee of any of the liabilities, obligations or duties of the Debtors, and shall not be deemed to be or contain a covenant or agreement by the Trustee to assume or accept any such liability, obligation or duty.
Appears in 2 contracts
Samples: Common Equity Trust Agreement (Enron Corp/Or/), Preferred Equity Trust Agreement (Enron Corp/Or/)
Nonliability of Trustee for Acts of Others. Nothing contained in this Trust Agreement shall be deemed to be an assumption by the Trustee of any of the liabilities, obligations or duties of the DebtorsCompany, and shall not be deemed to be or contain a covenant or agreement by the Trustee to assume or accept any such liability, obligation or duty.
Appears in 2 contracts
Samples: Trust Agreement (Rhythms Net Connections Inc), Trust Agreement (Rhythms Net Connections Inc)
Nonliability of Trustee for Acts of Others. Nothing contained in this Trust Agreement shall be deemed to be an assumption by the Trustee of any of the liabilities, obligations or duties of any of the Debtorsother parties hereto, and shall not be deemed to be or contain a covenant or agreement by the Trustee to assume or accept any such liability, obligation or duty.
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