Reliance on Advisors. The Trustee shall be permitted to rely upon and shall not be liable for actions taken or omitted to be taken on the advice or information of any expert including legal counsel, auditors, accountants, appraisers, agents or other professional advisors employed as herein provided ("Advisors"), provided that the Trustee has met the Standard of Care in the selection and continued retention of such Advisors.
Appears in 3 contracts
Samples: Vector Pipeline Abandonment Trust, Trust Agreement, Trust Agreement
Reliance on Advisors. The Trustee shall be permitted to rely upon and shall not be liable for actions taken or omitted to be taken on the advice or information of any expert including legal counsel, auditors, accountants, appraisers, agents or other professional advisors employed as herein provided ("Advisors"), provided that the Trustee has met the Standard of Care in the selection and continued retention of such Advisors.
Appears in 3 contracts
Samples: Trust Agreement, Trust Agreement, Trust Agreement
Reliance on Advisors. The Trustee shall be permitted to rely upon and shall not be liable for actions taken or omitted to be taken on the advice or information of any expert including legal counsel, auditorsadvisors, accountants, appraisersexperts, agents or other professional advisors others employed as herein provided ("the “Advisors"”), provided that the Trustee has met selected such Advisors in accordance with the Standard standard of Care care described in the selection and continued retention of such Advisorssection 16.1.
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