Common use of Trustee's Liability Clause in Contracts

Trustee's Liability. NOTHING in these presents shall 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 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

Samples: Cadbury Public LTD Co, Cadbury Schweppes Public LTD Co, Cadbury Schweppes Public LTD Co

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Trustee's Liability. NOTHING Nothing in these presents shall 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 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, default, wilful default or 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

Samples: www.motabilityoperations.co.uk, www.motabilityoperations.co.uk, www.motabilityoperations.co.uk

Trustee's Liability. NOTHING Nothing in these presents shall 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 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 2 contracts

Samples: www.severntrent.com, www.severntrent.com

Trustee's Liability. NOTHING in these presents shall 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 exempt the Trustee from or indemnify it against any liability 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 2 contracts

Samples: Fourth Supplemental Trust (Countrywide Credit Industries Inc), Trust (Countrywide Credit Industries Inc)

Trustee's Liability. NOTHING in these presents shall 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 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, default or 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

Samples: Agency Agreement (Mbna Corp), Mbna Corp

Trustee's Liability. NOTHING in these presents shall 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 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 attaching to it in respect of any negligence, default, breach of duty or breach of trust of which it may be guilty incur in relation to its duties under these presents.

Appears in 1 contract

Samples: PPL Electric Utilities Corp

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Trustee's Liability. NOTHING 16.1 Nothing in these presents shall 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 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, default, breach of duty wilful default or breach of trust fraud of which it may be guilty in relation to its duties under these presents.

Appears in 1 contract

Samples: www.gruppotim.it

Trustee's Liability. NOTHING in these presents shall 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 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 17.

Appears in 1 contract

Samples: Ibm Credit Corp

Trustee's Liability. NOTHING Nothing in these presents shall 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 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, default or breach of duty or breach of trust of which it may be guilty in relation to its duties under these presents.

Appears in 1 contract

Samples: Pearson PLC

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