Common use of TRUSTEE'S LIABILITY Clause in Contracts

TRUSTEE'S LIABILITY. NOTHING in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretions.

Appears in 4 contracts

Sources: Eighth Supplemental Trust Deed (Portugal Telecom SGPS Sa), Eighth Supplemental Trust Deed (PT Portugal, SGPS, S.A.), Seventh Supplemental Trust Deed (Portugal Telecom SGPS Sa)

TRUSTEE'S LIABILITY. NOTHING in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any liability for breach of trust or any liability which by virtue of any rule of law would otherwise attach to it in respect of any negligence, default, breach of duty or breach of trust of which it may be guilty in relation to its duties under these presents.

Appears in 4 contracts

Sources: Supplemental Trust Deed (Cadbury Schweppes Public LTD Co), Fourth Supplemental Trust Deed (Cadbury Schweppes Public LTD Co), Supplemental Trust Deed (Cadbury Schweppes Public LTD Co)

TRUSTEE'S LIABILITY. NOTHING Nothing in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any liability for breach of trust or any liability which by virtue of any rule of law would otherwise attach to it in respect of any gross negligence, wilful default or breach of duty of which it may be guilty in relation to its duties under these presents.

Appears in 4 contracts

Sources: Supplemental Trust Deed, Eighth Supplemental Trust Deed, Seventh Supplemental Trust Deed

TRUSTEE'S LIABILITY. NOTHING Nothing in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any liability for breach of trust or any liability which by virtue of any rule of law would otherwise attach to it in respect of any negligence, default, breach of duty or breach of trust of which it may be guilty in relation to its duties under these presents.

Appears in 3 contracts

Sources: Fifteenth Supplemental Trust Deed, Twelfth Supplemental Trust Deed, Thirteenth Supplemental Trust Deed

TRUSTEE'S LIABILITY. NOTHING in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any liability for breach of trust or any liability which by virtue of any rule of law would otherwise attach to it in respect of any negligence, default or breach of duty of which it may be guilty in relation to its duties under these presents.

Appears in 2 contracts

Sources: Fifth Supplemental Trust Deed (Mbna Corp), Fourth Supplemental Trust Deed (Mbna Corp)

TRUSTEE'S LIABILITY. NOTHING Nothing in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any liability for any breach of trust of which it may be guilty in relation to its duties under these presents.

Appears in 2 contracts

Sources: Trust Deed (Luxottica Group Spa), Trust Deed (Luxottica Group Spa)

TRUSTEE'S LIABILITY. NOTHING Nothing in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any liability for any gross negligence, wilful default or for breach of trust of which it may be guilty in relation to its duties under these presents.

Appears in 2 contracts

Sources: Trust Deed, Trust Deed

TRUSTEE'S LIABILITY. NOTHING in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any Liability for negligence, default, breach of duty or breach of trust of which it may be guilty in relation to its duties under these presents.

Appears in 2 contracts

Sources: Supplemental Trust Deed (Countrywide Credit Industries Inc), Trust Deed (Countrywide Credit Industries Inc)

TRUSTEE'S LIABILITY. NOTHING in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any liability for breach of trust or any liability attaching to it in respect of any negligence, default, breach of duty or breach of trust which it may incur in relation to its duties under these presents.

Appears in 1 contract

Sources: Trust Deed (PPL Electric Utilities Corp)

TRUSTEE'S LIABILITY. NOTHING Nothing in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any liability for breach of trust or any liability which by virtue of any rule of law would otherwise attach to it in respect of any negligence, default or breach of duty of which it may be guilty in relation to its duties under these presents.

Appears in 1 contract

Sources: Trust Deed (Pearson PLC)

TRUSTEE'S LIABILITY. NOTHING ‌ Nothing in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any liability for any gross negligence, wilful default or for breach of trust of which it may be guilty in relation to its duties under these presents.

Appears in 1 contract

Sources: Trust Deed

TRUSTEE'S LIABILITY. NOTHING in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretions.discretions exempt the Trustee from or indemnify it against any liability for breach of trust or any liability which by virtue of any rule of law would otherwise attach to it in respect of any negligence, default, breach of duty or breach of trust of which it may be guilty in relation to its duties under these presents. 36

Appears in 1 contract

Sources: Supplemental Trust Deed (Ibm Credit Corp)

TRUSTEE'S LIABILITY. NOTHING Nothing in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any Liability for gross negligence, wilful default, fraud or breach of trust of which it may be guilty in relation to its duties under these presents.

Appears in 1 contract

Sources: First Supplemental Trust Deed (Countrywide Financial Corp)

TRUSTEE'S LIABILITY. NOTHING Nothing in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any liability for negligence, default, breach of duty or breach of trust of which it may be guilty.

Appears in 1 contract

Sources: Trust Deed

TRUSTEE'S LIABILITY. NOTHING in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any liability for breach of trust.

Appears in 1 contract

Sources: Trust Deed (United Utilities PLC)

TRUSTEE'S LIABILITY. NOTHING Nothing in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any liability for breach of trust of which it may be guilty in relation to its duties under these presents.

Appears in 1 contract

Sources: Trust Deed (Texas Utilities Co /Tx/)

TRUSTEE'S LIABILITY. NOTHING in these presents shall exempt the Trustee from or indemnify it against any liability for breach of trust in any case in which the Trustee has failed to show the degree of care and diligence required of it as trustee having regard to the provisions of these presents conferring on it any trusts, powers, authorities or discretionsdiscretions exempt the Trustee from or indemnify it against any liability for breach of trust of which it may be guilty in relation to its duties under these presents.

Appears in 1 contract

Sources: Trust Deed (United Utilities PLC)