Common use of Trustee Not Liable for Action Taken or Omitted in Good Faith Clause in Contracts

Trustee Not Liable for Action Taken or Omitted in Good Faith. Subject to the provisions of Section 7.02, the Trustee shall not be liable for any action taken or omitted by it in good faith and believed by it to be authorized or within its discretion or within the rights or powers conferred upon it by this Indenture.

Appears in 3 contracts

Samples: Indenture (Sears Holdings Corp), Indenture (Sears Holdings Corp), Indenture (Limited Brands Inc)

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Trustee Not Liable for Action Taken or Omitted in Good Faith. Subject to the provisions of Section 7.021002, the Trustee shall not be liable for any action taken or omitted by it in good faith and believed by it to be authorized or within its discretion or within the rights or powers conferred upon it by this Indenture.

Appears in 1 contract

Samples: Indenture (Limited Brands Inc)

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Trustee Not Liable for Action Taken or Omitted in Good Faith. Subject to the provisions of Section 7.0210.02, the Trustee shall not be liable for any action taken or omitted by it in good faith and believed by it to be authorized or within its discretion or within the rights or powers conferred upon it by this Indenture.

Appears in 1 contract

Samples: Indenture (Limited Brands Inc)

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