Common use of Trustee Relieved From Liability Clause in Contracts

Trustee Relieved From Liability. No individual Trustee shall be liable for any mistake or error of judgment, or for any action taken or omitted, either by the Trustee or by any agent or attorney employed by the Trustee, or for any loss or depreciation in the value of the trust, except in the case of willful misconduct.

Appears in 4 contracts

Samples: Intangible Tax Trust Agreement (Van Every Nan Davis), Trust Agreement (Van Every Salem Lance), Trust Agreement (Tuthill Howard S)

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Trustee Relieved From Liability. No individual Trustee shall be liable for any mistake or error of judgment, or for any action taken or omitted, either by the Trustee my Trustees or by any agent or attorney employed by the Trusteemy Trustees, or for any loss or depreciation in the value of the trust, except in the case of willful misconduct.

Appears in 2 contracts

Samples: Grantor Retained Annuity Trust (Beasley Broadcast Group Inc), Trust Agreement (Tuthill Howard S)

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Trustee Relieved From Liability. No individual Trustee shall be liable for any mistake or error of judgment, or for any action taken or omitted, either by the Trustee my Trustees or by any agent or attorney employed by the Trusteemy Trustees, or for any loss or depreciation in the value of the trust, except in the case of willful misconduct.. Q.

Appears in 1 contract

Samples: Declaration of Trust

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