Common use of Powers of Beneficiary and Trustee Clause in Contracts

Powers of Beneficiary and Trustee. (a) Trustee shall have no obligation to perform any act which it is empowered to perform under this Deed of Trust unless it is requested to do so in writing and is reasonably indemnified against loss, cost, liability and expense.

Appears in 6 contracts

Samples: legistarweb-production.s3.amazonaws.com, Lifeloc Technologies, Inc, Indemnity Agreement (Prolong International Corp)

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Powers of Beneficiary and Trustee. (a) Trustee shall have has no obligation to perform any act which it is empowered to perform under this Deed of Trust unless it is requested to do so in writing and is reasonably indemnified against loss, cost, liability and expense.

Appears in 2 contracts

Samples: Security Agreement and Fixture Filing (Cost Plus Inc/Ca/), Recording Requested (Oakley Inc)

Powers of Beneficiary and Trustee. (a) 9.3.1 Trustee shall have no obligation to perform any act which it is empowered to perform under this Deed of Trust unless it is requested to do so in writing and is reasonably indemnified against loss, cost, liability and expense.

Appears in 1 contract

Samples: Credit Agreement (Pinnacle Entertainment Inc)

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Powers of Beneficiary and Trustee. (a) The Trustee shall have no obligation to perform any act which it is empowered to perform under this Deed of Trust unless it is requested to do so in writing by the Beneficiary and is reasonably indemnified by Trustor against loss, cost, liability liability, and expense.

Appears in 1 contract

Samples: Pacific Lumber Co /De/

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