Protection of the Trustee. The Trustee shall not be responsible for the sufficiency or adequacy of any insurance herein required and shall be fully protected in accepting payment on account of such insurance or any adjustment, compromise or settlement of any loss agreed to by the District.
Appears in 3 contracts
Samples: Lease/Purchase Agreement, Lease/Purchase Agreement, Lease/Purchase Agreement
Protection of the Trustee. The Trustee shall not be responsible for the sufficiency or adequacy of any insurance herein required and shall be fully protected in accepting payment on account of such insurance or any adjustment, compromise or settlement of any loss agreed to by RIDA and the DistrictCity.
Appears in 2 contracts
Samples: Sublease Agreement, Sublease Agreement