Trustee’s Action Conclusive. Whenever any power may be exercised or any action may be taken by the Trustee involving the exercise of discretion, the discretion of the Trustee when exercised in good faith and with reasonable care shall be absolute and binding upon all Participating Plans and all persons interested therein. The certificate of the Trustee that it is acting according to this Trust will fully protect all persons dealing with the Trustee. To the extent permitted by applicable law, the Trustee shall not have any liability for any act or omission on the part of any fiduciary of any Participating Plan. To the fullest extent permitted by applicable law, the Trustee shall be indemnified from the assets of the Trust and held harmless for any expenses, costs, or damages it may incur for any actions taken or not taken in good faith and in the exercise of reasonable care, including reasonable expenses of defending any action brought with respect to any action so taken or omitted.
Trustee’s Action Conclusive. Subject to applicable law, the Trustees reasonable exercise or non-exercise of its powers and discretion in good faith shall be conclusive on all persons. No one other than Alliant shall be obliged to see to the application of any money paid or property delivered to the Trustee. The certificate of the Trustee that it is acting according to this Trust Agreement will protect all persons dealing with the Trustee.
Trustee’s Action Conclusive. Except as otherwise provided by law, the Trustees’ exercise or non-exercise of their rights and powers in good faith shall be conclusive on all persons. No other person shall be obliged to see to the application of any money paid or property delivered to the Trustees.
Trustee’s Action Conclusive. 10.4. No Guarantee or Responsibility 10.5. Liabilities Mutually Exclusive 10.6. Indemnification
Trustee’s Action Conclusive. Except as otherwise provided by law, the trustee's exercise or non-exercise of its powers and discretions in good faith shall be conclusive on all persons. No one shall be obliged to see to the application of any money paid or property delivered to the trustee, except to the extent such person is acting as an investment manager as respects such money or property. The certificate of the trustee that it is acting according to this agreement will fully protect all persons dealing with the trustee. If there is a disagreement between the trustee and anyone as to any act or transaction reported in any accounting, the trustee shall have the right to a settlement of its account by any proper court.
