Common use of Standard of Care; Exculpation Clause in Contracts

Standard of Care; Exculpation. (a) As used herein, the term “Trust Indemnified Party” shall mean each Director, the Delaware Trustee, the Trust Protector, the Special Master, the Tribal Allocation Appointees, and each of their respective members, officers, employees, agents, consultants, lawyers, advisors or professionals (collectively, the “Trust Indemnified Parties”).

Appears in 6 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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Standard of Care; Exculpation. (a) As used herein, the term “Trust Indemnified Party” shall mean each Directorthe Trustee, the Delaware Trustee, the Trust Protector, the Special Master, the Tribal Allocation Appointees, and each of their respective members, officers, employees, agentsprofessionals, consultantsand consultants (in each case exclusive of counsel to the Trustee) or a Designated Indemnitee. For the avoidance of doubt, lawyers, advisors or professionals (collectively, the “Trust Indemnified PartiesParty” shall not include any outside counsel to any Trustee or the Trust unless such outside counsel is a “Designated Indemnitee.).

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Standard of Care; Exculpation. (a) As used herein, the term “Trust Indemnified Party” shall mean each DirectorTrustee, the Delaware Trustee, the Trust Protector, the Special Master, the Tribal Allocation Appointees, and each of their respective members, officers, employees, agentsprofessionals, consultantsincluding the Tax Professionals, lawyersand consultants (in each case exclusive of counsel) or a Designated Indemnitee. For the avoidance of doubt, advisors or professionals (collectively, the “Trust Indemnified PartiesParty” shall not include any outside counsel to any Trustee, the Delaware Trustee, or the Trust unless such outside counsel is a “Designated Indemnitee.).

Appears in 1 contract

Samples: Trust Agreement

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Standard of Care; Exculpation. (a) As used herein, the term “Trust Indemnified Party” shall mean each DirectorTrustee, the Delaware Trustee, the Trust Protector, the Special Master, the Tribal Allocation Appointees, and each of their respective members, officers, employees, agentsprofessionals and consultants (in each case exclusive of counsel) or a Designated Indemnitee. For the avoidance of doubt, consultants, lawyers, advisors or professionals (collectively, the “Trust Indemnified PartiesParty” shall not include any outside counsel to any Trustee, Delaware Trustee, Trust Protector, or the Trust unless such outside counsel is a “Designated Indemnitee.).

Appears in 1 contract

Samples: Trust Agreement

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