Protection of the Security. Trustee The Security Trustee shall not be liable in respect of any loss or damage which arises out of the exercise, or the attempted or purported exercise of, or the failure to exercise any of its powers, unless such loss or damage is caused by its gross negligence or wilful default.
Appears in 4 contracts
Samples: www.sec.gov, Facility Agreement (Constar International Inc), Constar International Inc