Common use of Trustees Protected Clause in Contracts

Trustees Protected. If, in the opinion of the institution acting as Owner Trustee under the Trust Agreement or the institution acting as Mortgagee hereunder, any document required to be executed by it pursuant to the terms of Section 9.01 hereof affects any right, duty, immunity or indemnity with respect to such institution under this Trust Indenture or the Lease, such institution may in its discretion decline to execute such document.

Appears in 37 contracts

Samples: Trust Indenture and Mortgage (Continental Airlines Inc /De/), Trust Indenture and Mortgage (PLM Equipment Growth Fund V), Trust Indenture and Mortgage (PLM Equipment Growth & Income Fund Vii)

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Trustees Protected. If, in the opinion of the institution acting as Owner Trustee under the Trust Agreement or the institution acting as Mortgagee Indenture Trustee hereunder, any document required to be executed by it pursuant to the terms of Section 9.01 hereof adversely affects any right, duty, immunity or indemnity with respect to such institution under this Trust Indenture or the Lease, such institution may in its discretion decline to execute such document.

Appears in 22 contracts

Samples: Trust Indenture and Security Agreement (Us Airways Inc), Trust Indenture and Security Agreement (Northwest Airlines Holdings Corp/Pred), Trust Indenture and Security Agreement (Northwest Airlines Inc /Mn)

Trustees Protected. If, in the opinion of the ------------------ institution acting as Owner Trustee under the Trust Agreement or the institution acting as Mortgagee hereunder, the Indenture Trustee hereunder any document required to be executed by it pursuant to the terms of Section 9.01 hereof 8.01 affects any right, duty, immunity or indemnity with respect to such institution it under this Trust Indenture, the Indenture or Trustee and the Lease, such institution Owner Trustee may in its their discretion decline to execute such document.

Appears in 2 contracts

Samples: Trust Indenture and Security Agreement (Midway Airlines Corp), Trust Indenture and Security Agreement (Midway Airlines Corp)

Trustees Protected. If, in the opinion of the ------------------ institution acting as Owner Trustee under the Trust Agreement or the institution acting as Mortgagee hereunder, the Indenture Trustee hereunder any document required to be executed by it pursuant to the terms of Section 9.01 hereof affects any right, duty, immunity or indemnity with respect to such institution it under this Trust Indenture, the Indenture or Trustee and the Lease, such institution Owner Trustee may in its their discretion decline to execute such document.

Appears in 2 contracts

Samples: Sale and Lease Agreement (American Income Fund I-D), Sale and Lease Agreement (American Income Fund I-D)

Trustees Protected. If, in the opinion of the ------------------ institution acting as Owner Trustee under the Trust Agreement or the institution acting as Mortgagee hereunder, the Indenture Trustee hereunder any document required to be executed by it pursuant to the terms of Section 9.01 hereof affects any right, duty, immunity or indemnity with respect to such institution it under this Trust indenture, the Indenture or Trustee and the Lease, such institution Owner Trustee may in its their discretion decline to execute such document.

Appears in 1 contract

Samples: Sale and Lease Agreement (American Income Fund I-D)

Trustees Protected. If, in the reasonable opinion of the institution acting as Owner Trustee under the Trust Agreement or the institution acting as Mortgagee hereunderLoan Trustee, any document required to be executed by it pursuant to the terms of Section 9.01 hereof adversely affects any right, duty, immunity or indemnity with respect to such institution under this Trust Indenture or the Lease, such institution may in its discretion decline to execute such document.

Appears in 1 contract

Samples: Participation Agreement (Delta Air Lines Inc /De/)

Trustees Protected. If, in the opinion of the institution acting as Owner Trustee under the Trust Agreement or the institution acting as Mortgagee hereunder, any document required to be executed by it pursuant to the terms of Section 9.01 hereof affects any right, duty, immunity 68 -62- or indemnity with respect to such institution under this Trust Indenture or the Lease, such institution may in its discretion decline to execute such document.

Appears in 1 contract

Samples: Trust Indenture and Mortgage (Atlas Air Inc)

Trustees Protected. If, in the opinion of the institution acting as Owner Trustee under the Trust Agreement or the institution acting as Mortgagee Loan Trustee hereunder, any document required to be executed by it pursuant to the terms of Section 9.01 hereof affects any right, duty, immunity or indemnity with respect to such institution under this Trust Indenture or the Lease, such institution may in its discretion decline to execute such document.

Appears in 1 contract

Samples: Note Purchase Agreement (Continental Airlines Inc /De/)

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Trustees Protected. If, in the opinion of the institution acting as Owner Trustee under the Trust Agreement or the institution acting as Mortgagee Loan Trustee hereunder, any document required to be executed by it pursuant to the terms of Section (ss.) 9.01 hereof adversely affects any right, duty, immunity or indemnity with respect to such institution under this Trust Indenture Mortgage or the Lease, such institution may in its discretion decline to execute such document.

Appears in 1 contract

Samples: Trust Indenture and Mortgage (Ata Holdings Corp)

Trustees Protected. If, in the opinion of the institution acting as Owner Indenture Trustee under the Trust Agreement or the institution acting as Mortgagee hereunder, any document required to be executed by it pursuant to the terms of Section 9.01 10.01 hereof adversely affects any right, duty, immunity or indemnity with respect to such institution under this Trust Indenture or the LeaseIndenture, such institution may in its discretion decline to execute such document.

Appears in 1 contract

Samples: Indenture and Security Agreement (Us Airways Inc)

Trustees Protected. If, in the opinion of the institution acting as Owner Trustee under the Trust Agreement or the institution acting as Mortgagee hereunder, any document required to be executed by it pursuant to the terms of Section (S) 9.01 hereof affects any right, duty, immunity immunity, or indemnity with respect to of such institution under this Trust Indenture Mortgage or the Lease, such institution may in its discretion decline to execute such document.

Appears in 1 contract

Samples: Note Purchase Agreement (Airtran Holdings Inc)

Trustees Protected. If, in the opinion of the institution acting as Owner Trustee under the Trust Agreement or the institution acting as Mortgagee Loan Trustee hereunder, any document required to be executed by it pursuant to the terms of Section 9.01 hereof adversely affects any right, duty, immunity or indemnity with respect to such institution under this Trust Indenture or the Lease, such institution may in its discretion decline to execute such document.

Appears in 1 contract

Samples: Trust Indenture and Mortgage (Amtran Inc)

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