Common use of Responsibility for agents etc Clause in Contracts

Responsibility for agents etc. If the Trustee exercises reasonable care in selecting any custodian, agent, delegate or nominee appointed under this clause (an “Appointee”), it will not have any obligation to supervise the Appointee or be responsible for any loss, liability, cost, claim, action, demand or expense incurred by reason of the Appointee’s misconduct or default or the misconduct or default of any substitute appointed by the Appointee.

Appears in 9 contracts

Samples: Trust Deed Amendment, Trust Deed Amendment, Trust Deed

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Responsibility for agents etc. If the Trustee exercises reasonable care in selecting any custodian, agent, delegate or nominee appointed under this clause Clause (an “Appointee”), it will not have any obligation to supervise the Appointee or be responsible for any loss, liability, cost, claim, action, demand or expense incurred by reason of the Appointee’s misconduct or default or the misconduct or default of any substitute appointed by the Appointee.

Appears in 6 contracts

Samples: Trust Deed, Trust Deed, Trust Deed

Responsibility for agents etc. If the Trustee exercises reasonable care in selecting any custodian, agent, delegate or nominee appointed under this clause (an “Appointee”), it will not have any obligation to supervise the Appointee or be responsible for any loss, liability, cost, claim, action, demand or expense incurred by reason of the Appointee’s acts, omissions, misconduct or default or the acts, omissions, misconduct or default of any substitute appointed by the Appointee.

Appears in 4 contracts

Samples: Trust Deed (Gold Fields LTD), Trust Deed (Gold Fields LTD), Trust Deed (Sibanye Gold LTD)

Responsibility for agents etc. If the Trustee exercises reasonable care in selecting any custodian, agent, delegate or nominee appointed under this clause Trust Deed (an “Appointee”), it will not have any obligation to supervise the Appointee or to be responsible for any loss, liability, cost, claim, action, demand or expense incurred by anyone whatsoever by reason of the Appointee’s misconduct or default or the misconduct or default of any substitute appointed by the Appointee.

Appears in 2 contracts

Samples: Trust Deed (Yandex N.V.), Trust Deed (Yandex N.V.)

Responsibility for agents etc. If the Trustee exercises reasonable care in selecting any custodian, agent, delegate or nominee appointed under this clause (an "Appointee"), it will not have any obligation to supervise the Appointee or be responsible for any loss, liability, cost, claim, action, demand or expense incurred by reason of the Appointee’s 's misconduct or default or the misconduct or default of any substitute appointed by the Appointee.

Appears in 1 contract

Samples: Trust Deed (PPL Electric Utilities Corp)

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Responsibility for agents etc. If the Trustee exercises reasonable care in selecting any custodian, agent, delegate or nominee appointed under this clause Clause 10.29 (an “Appointee”), it will not have any obligation to supervise the Appointee or be responsible for any loss, liability, cost, claim, action, demand or expense incurred by reason of the Appointee’s misconduct or default or the misconduct or default of any substitute appointed by the Appointee.

Appears in 1 contract

Samples: Master Trust Terms

Responsibility for agents etc. If the Trustee exercises reasonable care in selecting any custodian, agent, delegate or nominee appointed under this clause (an “Appointee”) (in each case, after written notice have been given to the Issuer to the extent reasonably practicable), it will not have any obligation to supervise the Appointee or be responsible for any loss, liability, cost, claim, action, demand or expense incurred by reason of the Appointee’s misconduct or default or the misconduct or default of any substitute appointed by the Appointee.

Appears in 1 contract

Samples: Trust Deed Amendment (China Architectural Engineering, Inc.)

Responsibility for agents etc. If the Trustee exercises reasonable care in selecting any custodian, agent, delegate or nominee appointed under this clause (an “Appointee”), it will not have any obligation to supervise the Appointee or be responsible for any loss, liability, cost, claim, action, demand or expense incurred by reason of the . Appointee’s misconduct or default or the misconduct or default of any substitute appointed by the Appointee.

Appears in 1 contract

Samples: Trust Deed (Lloyds Banking Group PLC)

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