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 Indenture Trustee hereunder, any document required to be executed by it pursuant to the terms of this Article IX affects adversely any right, duty, immunity or indemnity with respect to such institution under this Indenture, such institution may in its discretion decline to execute such document.

Appears in 17 contracts

Samples: Trust Indenture and Security Agreement (America West Airlines Inc), Trust Indenture and Security Agreement (America West Airlines Inc), Trust Indenture and Security Agreement (America West Airlines Inc)

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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 Indenture Trustee hereunder, any document required to be executed by it pursuant to the terms of this Article IX Section 10.01 adversely affects adversely any right, duty, immunity or indemnity with respect to such institution under this Indenture, such institution may in its discretion decline to execute such document.

Appears in 5 contracts

Samples: Indenture and Security Agreement (Us Airways Inc), Indenture and Security Agreement (Us Airways Inc), Owned Aircraft Indenture (Us Airways Inc)

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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 Indenture Loan Trustee hereunder, any document required to be executed by it pursuant to the terms of this Article IX affects adversely any right, duty, immunity or indemnity with respect to such institution under this Indenture, Indenture such institution may in its discretion decline to execute such document.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (American Airlines Inc)

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