Release of Trustee Sample Clauses

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Release of Trustee. It is expressly understood and agreed by the parties hereto that (a) this Mortgage is executed and delivered for ▇▇▇▇▇▇▇▇▇ Mississippian Trust II, as Mortgagee hereunder, by The Bank of New York Mellon Trust Company, N.A. (the “Trustee”) not individually or personally, but solely as Trustee on behalf of ▇▇▇▇▇▇▇▇▇ Mississippian Trust II in the exercise of the powers and authority conferred and vested in it and (b) under no circumstances shall the Trustee be liable for any liability of the Trust or for any action taken or not taken by the Trust or Trustee under or in connection with this Mortgage. Mortgagor hereby unconditionally and irrevocably releases the Trustee from any and all claims of Mortgagor, whether now existing or arising in the future, arising out of, based upon, or otherwise related to, any action taken or not taken by the Trust or Trustee under or in connection with this Mortgage.
Release of Trustee. ▇▇▇▇▇ expressly agrees that (a) this Agreement is executed and delivered for the Trust by the Trustee not individually or personally, but solely as Trustee on behalf of the Trust in the exercise of the powers and authority conferred and vested in it and (b) under no circumstances shall the Trustee be liable for any liability of the Trust or for any action taken or not taken by the Trust or the Trustee under or in connection with this Agreement. COERT hereby unconditionally and irrevocably releases the Trustee from any and all claims of COERT, whether now existing or arising in the future, arising out of, based upon, or otherwise related to any action taken or not taken by the Trust or the Trustee under or in connection with this Agreement.
Release of Trustee. Original Grantor expressly agrees that (a) this Agreement is executed and delivered for the Trust by the Trustee not individually or personally, but solely as Trustee on behalf of the Trust in the exercise of the powers and authority conferred and vested in it and (b) under no circumstances shall the Trustee be liable for any liability of the Trust or for any action taken or not taken by the Trust or Trustee under or in connection with this Agreement. The Original Grantor hereby unconditionally and irrevocably releases the Trustee from any and all claims of the Original Grantor, whether now existing or arising in the future, arising out of, based upon, or otherwise related to any action taken or not taken by the Trust or Trustee under or in connection with this Agreement.
Release of Trustee. Except as otherwise provided in Section 5.3: (a) the Trustee may absolutely and unconditionally rely, and shall be protected in acting or refraining from acting upon, any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties, including, without limitation, proper directions from a Beneficiary; (b) the Trustee may consult with legal counsel (including tax counsel) to be selected by it, and the Trustee shall not be liable for any action taken or omitted to be taken by it in accordance with the advice of such counsel; and (c) persons dealing with the Trustee shall look only to the Trust Property to satisfy any liability incurred by the Trustee to such person in carrying out the terms of this Trust, and the Trustee shall have no personal obligation to satisfy any such liability.
Release of Trustee. Each Guarantor does hereby for itself, and for its respective successors and assigns, fully and unconditionally release and forever discharge the Trustee and its respective employees, officers, directors, agents, successors and assigns from all of their obligations and liabilities under or claims relating to the Indenture and all documents and agreements delivered pursuant to or in connection therewith.
Release of Trustee. To the full extent permitted by law, Settlor shall hold Public Trustee harmless from and against any and all loss, cost, damages, liability or expense of any kind, including reasonable attorneys' fees, to which Public Trustee may be subject in connection with any legal proceedings brought against Public Trustee regarding the trust. This includes any legal proceeding brought against Public Trustee by Settlor. Public Trustee shall not be obligated to advance or pay out any money on account of this trust or to prosecute or defend any legal proceedings involving this trust or the Real Property unless Public Trustee is provided with enough funds to cover such expenses or, unless Public Trustee is indemnified with respect thereto in a manner satisfactory to Public Trustee in its sole discretion.