Common use of Trustee's Liability Clause in Contracts

Trustee's Liability. The Trustee is liable only for breaching a material contractual obligation in a manner damaging to the purpose the Agreement; moreover, and the damage must be caused by gross negligence or fault.

Trustee's Liability. The Trustee is trustee shall only be liable only for breaching damages, if he violates a material contractual obligation in a manner damaging to under the agreement (cardinal obligation) endangering the purpose of the Agreement; moreover, and agreement or if the damage must be caused by damages arise from intention or gross negligence or faultnegligence.