Trustee Liable for Negligence. Subject to section 750 of the Companies Act 2006, nothing in this Trust Deed shall in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee, having regard to the provisions of this Trust Deed conferring on it any trusts, powers, authorities or discretions, relieve or indemnify it from or against any liability which would otherwise attach to it in respect of any negligence, default, breach of duty or breach of trust of which it may be guilty.
Appears in 6 contracts
Samples: Trust Deed, Third Supplemental Trust Deed, Fifth Supplemental Trust Deed
Trustee Liable for Negligence. Subject to section 750 of the Companies Act 2006Xxx 0000, nothing in this Trust Deed shall in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee, having regard to the provisions of this Trust Deed conferring on it any trusts, powers, authorities or discretions, relieve or indemnify it from or against any liability which would otherwise attach to it in respect of any negligence, default, breach of duty or breach of trust of which it may be guilty.
Appears in 3 contracts
Samples: Trust Deed, Forty First Supplemental Trust Deed, Supplemental Trust Deed
