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

Samples: Seventh Supplemental Trust (Portugal Telecom SGPS Sa), Portugal Telecom SGPS Sa, PT Portugal, SGPS, S.A.

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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

Samples: Agency Agreement, Agency Agreement

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

Samples: Luxottica Group Spa, 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 1 contract

Samples: Agency Agreement

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

Samples: www.centrica.com

Trustee's Liability. NOTHING 17.1 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 material breach of trust, negligence, wilful misconduct or fraud in relation to its duties under these presents.

Appears in 1 contract

Samples: Trust (Caesars Entertainment, 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.

Appears in 1 contract

Samples: Registrar (United Utilities PLC)

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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

Samples: Agency Agreement (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 breach of trust of which it may be guilty in relation to its duties under these presents.

Appears in 1 contract

Samples: Agreement (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

Samples: United Utilities PLC

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