Trustee Responsibility Sample Clauses

Trustee Responsibility. The Trustee assumes no duties, responsibilities or liabilities by reason of this Supplemental Indenture other than as set forth in the Original Indenture. The Trustee assumes no responsibility for the correctness of the statements herein contained, which shall be taken as statements of TCI. This Supplemental Indenture is executed and accepted by the Trustee subject to all of the terms and conditions of its acceptance of the trust under the Original Indenture, as fully as if said terms and conditions were herein set forth in full.

Trustee Responsibility. By its acceptance of this Trust, Trustee agrees to make payments under this Trust to Trust Beneficiaries in accordance with the provisions of this Trust Agreement.

Trustee Responsibility. The Trustees assume no duties, responsibilities or liabilities by reason of this Amendment other than as set forth in the Trust Agreement. The Trustees assume no responsibility for the correctness of the statements herein contained, which shall be taken as statements of IRBC and ANB. This Amendment is executed and accepted by the Trustees subject to all of the terms and conditions of its acceptance of the trust under the Trust Agreement, as fully as if said terms and conditions were herein set forth in full.

Trustee Responsibility. In the event the Trustee is required or permitted hereby, or is requested hereunder, to take any action (or refrain from taking any action) as the Trustee, the performance (or nonperformance) of which would, in the Trustee’s sole judgment, subject the Trustee to unreasonable risk of liability or expense, the Trustee shall have no duty to take (or refrain from taking) any such action until the Trustee has been furnished with indemnity adequate, in its sole judgment, to protect the Trustee, its directors, officers, employees, agents and attorneys for, from and against such liability or expense, and all reasonable costs and expenses (including reasonable attorneys’ fees and expenses) in connection therewith. To the extent permitted by law, the City will indemnify and hold the Trustee, its directors, officers, employees, agents and attorneys harmless for, from and against any loss, liability, judgment, claim, suit, damages or expense (including reasonable attorneys’ fees and expenses) arising from the Trustee’s performance of its obligations hereunder except any such loss, liability, judgment or expense resulting from the Trustee’s negligence or willful misconduct or willful breach of trust as determined by the final judgment of a court of competent jurisdiction no longer subject to appeal or review. The rights of the Trustee to such indemnification shall survive the termination of this Agreement and the earlier removal or resignation of the Trustee. The Trustee may consult with independent counsel, chosen by it with reasonable care, and shall not be liable for action taken or not taken in good faith in reliance upon the written advice or opinion of such counsel. The Trustee shall not be liable for the accuracy of any calculations provided by others to it under this Agreement as to the sufficiency of the moneys or Government Obligations deposited with it to pay the principal of and interest on the Bonds Being Refunded at the respective maturities or earlier redemption of the Bonds Being Refunded. Furthermore, the Trustee may conclusively rely in good faith as to the truth, accuracy and correctness of, and shall be protected and indemnified in acting or refraining from acting upon, any written opinion, calculation, notice, instruction, request, certificate, document or opinion furnished to the Trustee in accordance herewith and signed or presented by the proper party pursuant hereto and it need not investigate the truth or accuracy of any fact or matter stated ...

Trustee Responsibility. The Trustee assumes no duties, responsibilities or liabilities by reason of this First Supplemental Indenture other than as set forth in the Original Indenture. The Trustee assumes no responsibility for the correctness of the statements herein contained, which shall be taken as statements of the Company and the Guarantors. The First Supplemental Indenture is executed and accepted by the Trustee subject to all of the terms and conditions of its acceptance of the trust under the Original Indenture, as fully as if said terms and conditions were herein set forth in full.

Trustee Responsibility. The Trustee is not responsible for the application, investment or other disposition of any funds or property held or managed by, or otherwise subject to direction by, any person other than the Trustee. The Trustee is not responsible for the application of any funds or property held by it under the Trust which have been paid to the Plan Administrator or which have been paid pursuant to the Plan and the Trust or as directed by the Plan Administrator. The Trustee has no responsibility with respect to any administration of the Plan or the payment of any benefits under the Plan.

Trustee Responsibility. The Trustee makes no representation as to and assumes no responsibility for the validity or enforceability of the Loan Agreement or the performance by the Issuer of its obligations under or in respect of the Notes and these presents or by the Borrower in respect of the Loan Agreement.

Trustee Responsibility. The Trustee assumes no duties, responsibilities or liabilities by reason of this Supplemental Indenture other than as set forth in the Original Indenture. The Supplemental Indenture is executed and accepted by the Trustee subject to all of the terms and conditions of its acceptance of the trusts under the Original Indenture, as fully as if said terms and conditions were set forth in full herein.

Trustee Responsibility. 2 Section 2.2 Maintenance of Records................................... 2 ARTICLE III. FUNDING........................................................ 2 Section 3.1 Contributions............................................ 2 Section 3.2 Subtrusts................................................ 3

Trustee Responsibility. The Trustee assumes no responsibility for the correctness of the recitals contained herein, which shall be taken as the statements of the Co-Issuers and the Trustee shall not be responsible or accountable in any way whatsoever for or with respect to the validity, execution or sufficiency of this Amendment and makes no representation with respect thereto. In entering into this Amendment, the Trustee shall be entitled to the benefit of every provision of the Base Indenture relating to the conduct of or affecting the liability of or affording protection to the Trustee.