Common use of Trustee May Act Through Agents Clause in Contracts

Trustee May Act Through Agents. The Trustee may execute any of the trusts or powers hereof and perform any duty hereunder, either itself or by or through its attorneys, agents or employees, and it shall not be answerable or accountable for any default, neglect or misconduct of any such attorneys, agents or employees, if reasonable care has been exercised in the appointment. All reasonable costs incurred by the Trustee and all reasonable compensation to all such persons as may reasonably be employed in connection with the trusts hereof shall be paid by the Authority.

Appears in 2 contracts

Samples: Indenture of Trust, Indenture of Trust

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Trustee May Act Through Agents. The Trustee may execute any of the trusts or powers hereof and perform any duty hereunder, either itself or by or through its attorneys, agents or employees, and it shall not be answerable or accountable for any default, neglect or misconduct of any such attorneys, agents or employees, if reasonable care has been exercised in the appointment. All reasonable costs incurred by the Trustee and its agents or attorneys and all reasonable compensation to all such persons as may reasonably be employed in connection with the trusts hereof shall be paid by the Authority.

Appears in 1 contract

Samples: Indenture of Trust

Trustee May Act Through Agents. The Trustee may execute any of the trusts or powers hereof and perform any duty hereunder, either itself or by or through its attorneys, agents attorneys or employeesagents, and it shall not be answerable or accountable for any default, neglect or misconduct of any such attorneys, attorneys or agents or employees, if it has exercised reasonable care has been exercised in the appointment. All reasonable costs incurred by appointment of such attorney or agents; provided, however, that nothing contained in this Section shall be construed to relieve the Trustee and all reasonable compensation to all such persons as may reasonably be employed in connection with the trusts hereof shall be paid by the Authorityof its obligations hereunder.

Appears in 1 contract

Samples: Master Indenture

Trustee May Act Through Agents. The Trustee may execute any of the trusts or powers hereof and perform any duty hereunder, either itself or by or through its attorneys, agents agents, or employees, and it shall not be answerable or and accountable for any default, neglect negligence or willful misconduct of any such attorneys, agents agents, or employees, if reasonable employees appointed with due care has been exercised in by the appointmentTrustee. All reasonable costs incurred by the Trustee and all reasonable compensation to all such persons as may reasonably be employed in connection with the trusts hereof shall be paid by the AuthorityCorporation.

Appears in 1 contract

Samples: Indenture of Trust

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Trustee May Act Through Agents. The Trustee may execute any of the trusts or powers hereof herein and perform any duty hereunder, either itself or duties required of it hereunder by or through its attorneys, agents agents, receivers or employees, and shall be entitled to receive advice of legal counsel concerning all matters herein. and its duties hereunder, and may in all cases pay such reasonable compensation as it shall not be answerable or accountable for any default, neglect or misconduct of any deem proper to all such attorneys, agents or employeesagents, if reasonable care has been exercised in the appointment. All reasonable costs incurred by the Trustee receivers, and all reasonable compensation to all such persons employees as may reasonably be employed in connection with so employed, and the trusts hereof shall be paid by the AuthorityCompany covenants and agrees upon demand to repay all such outlays and expenditures so incurred.

Appears in 1 contract

Samples: Indenture of Mortgage and Deed of Trust (Corning Natural Gas Holding Corp)

Trustee May Act Through Agents. The Trustee may execute any of the trusts or and exercise any powers hereof hereunder and perform any duty hereunder, either itself or duties required of it hereunder by or through its attorneys, agents agents, officers or employees, and it shall not be answerable or accountable for any the default, neglect negligence or misconduct of any attorney or agent selected by it with reasonable care, and may in all cases pay such attorneys, agents or employees, if reasonable care has been exercised in the appointment. All reasonable costs incurred by the Trustee and all reasonable compensation to all such persons as may reasonably be employed in connection with the trusts hereof shall be paid by the Authorityattorneys and agents.

Appears in 1 contract

Samples: Trust Indenture (Txu Energy Co LLC)

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