Common use of VPS TRUSTEE Clause in Contracts

VPS TRUSTEE. The VPS Trustee Agreement contains provisions for the indemnification of the VPS Trustee and for its relief from responsibility, including provisions relieving it from taking action unless indemnified and/or secured to its satisfaction. VPS Noteholders are deemed to have accepted and will be bound by the VPS Conditions and the terms of the VPS Trustee Agreement.

VPS TRUSTEE. The VPS Trustee Agreement contains provisions for the indemnification of the VPS Trustee and for its relief from responsibilityresponsibility and liability, including provisions relieving it from taking action unless indemnified and/or secured to its satisfaction. Holders of VPS Noteholders Notes are deemed to have accepted and will be bound by the VPS these Conditions and the terms of the VPS Trustee Agreement.