Trustee Protections. The Trustee has agreed to become a party to this Agreement for the better preservation and enforcement of its rights hereunder and shall not assume any liabilities or obligations under this Agreement unless such obligation or liability is expressly assumed by the Trustee in this Agreement and any such expressly assumed obligations are solely of a mechanical and administrative nature. In performing any act under this Agreement, it is agreed and acknowledged that the Trustee shall have the protections, immunities, rights, powers, authorisations, indemnities and benefits conferred on it under and by the relevant Security Documents. This Agreement shall be construed in accordance with, and subject to, the provisions of the relevant Security Documents such that all rights, remedies, privileges, discretions granted to, or exercisable by, the Trustee in respect of, or in connection with this Agreement, shall be exercisable by the Trustee as if such provisions were set out in full herein and this Agreement shall be construed accordingly.
Trustee Protections. In acting under and by virtue of this Agreement, the Trustee shall have all of the rights, protections and immunities granted to it under the other Related Documents.
Trustee Protections. To the extent it is necessary for the Trustee or Collateral Agent to act hereunder, it shall have all of the rights, protections and immunities granted to them under the other Related Documents.
Trustee Protections. Each Holder of a Security agrees to indemnify the Company and the Trustee against any liability that may result from the transfer, exchange or assignment of such Holder’s Security in violation of any provision of this Indenture and/or applicable United States Federal or state securities law. Neither the Trustee nor any Agent shall have any obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Security (including any transfers between or among Depositary participants, members or beneficial owners of interests in any Global Security) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Indenture, and to examine the same to determine substantial compliance as to form with the express requirements hereof. Neither the Trustee nor any Agent, nor any agent thereof, shall have any responsibility for any actions taken or not taken by the Depositary.
Trustee Protections. In acting under and by virtue of this Series Supplement, the Trustee shall have all of the rights, protections and immunities granted to it under the Base Indenture.
Trustee Protections. Each Holder of a Security agrees to indemnify the Company and the Trustee against any liability that may result from the transfer, exchange or assignment of such Holder's Security in violation of any provision of this Indenture and/or applicable United States Federal or state securities law. The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Security (including any transfers between or among depositary participants or beneficial owners of interests in any Global Security) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Indenture, and to examine the same to determine substantial compliance as to form with the express requirements hereof. Neither the Trustee nor any agent thereof shall have any responsibility for any actions taken or not taken by the Depositary.
Trustee Protections. The Trustee has agreed to become a party to this Operating Procedures Agreement for the better preservation and enforcement of its rights hereunder and shall not assume any liabilities or obligations under this Operating Procedures Agreement unless such obligation or liability is expressly assumed by the Trustee in this Operating Procedures Agreement and any such expressly assumed obligations are solely of a mechanical and administrative nature. In performing any act under this Operating Procedures Agreement, it is agreed and acknowledged that the Trustee shall have the protections, immunities, rights, powers, authorisations, indemnities and benefits conferred on it under and by the relevant Security Documents. This Operating Procedures Agreement shall be construed in accordance with, and subject to, the provisions of the relevant Security Documents such that all rights, remedies, privileges, discretions granted to, or exercisable by, the Trustee in respect of, or in connection with this Operating Procedures Agreement, shall be exercisable by the Trustee as if such provisions were set out in full herein and this Operating Procedures Agreement shall be construed accordingly.
Trustee Protections. In connection with its execution hereof and acting hereunder, each of the Trustee and the Collateral Agent, is entitled to all of the rights, privileges, protections, immunities, benefits and indemnities provided to each of them by Borrower under the Indenture and the Noteholder Security Agreement, provided, however, that none of the afore-mentioned rights, duties, privileges, protections, immunities and indemnities shall (i) impose any obligations on Bank, (ii) limit any obligations owing by any party to Bank, nor (iii) act as a limitation any rights or remedies of Bank hereunder.
Trustee Protections. In connection with this Amendment No. 2 the Securities Administrator and Master Servicer shall be entitled to the benefit of every provision of the Trust Agreement limiting the liability of or affording rights, benefits, protections, immunities or indemnities to the Securities Administrator or Master Servicer, as applicable, as if they were expressly set forth herein.
Trustee Protections. 19.1 The Trustee has agreed to become a party to this Agreement for the better preservation and enforcement of its rights hereunder and shall not assume any liabilities or obligations under this Agreement unless such obligation or liability is expressly assumed by the Trustee in this Agreement and any such expressly assumed obligations are solely of a mechanical and administrative nature.
