Trustee’s Covenants. Trustee, by its acceptance hereof, covenants faithfully to perform and fulfill the trusts herein created, being liable, however, only for gross negligence or willful misconduct, and hereby waives any statutory fee and agrees to accept reasonable compensation, in lieu thereof, for any services rendered by it in accordance with the terms hereof.
Appears in 3 contracts
Samples: Deed of Trust and Security Agreement (Bluerock Residential Growth REIT, Inc.), Grubb & Ellis Healthcare REIT II, Inc., Micro Linear Corp /Ca/
Trustee’s Covenants. Trustee, by its acceptance hereof, covenants faithfully to perform and fulfill the trusts herein created, being liable, however, only for gross negligence or willful intentional misconduct, and hereby waives any statutory fee and agrees to accept reasonable compensation, in lieu thereof, for any services rendered by it in accordance with the terms hereoffee.
Appears in 2 contracts
Samples: Security Agreement (Consol Energy Inc), Collateral Trust Agreement (Consol Energy Inc)
