Examples of Trustee Parties in a sentence
Each of the Trustee Parties will ensure that the performance of their respective duties will not be impaired by any such involvement and that any such activities will be conducted on an arm’s length basis.
If a conflict of interest does arise, the Trustee Parties will endeavour to ensure that it is resolved fairly and in the interest of the Holders.
THIS COURT ORDERS that the Litigation Trustee Parties shall pass their accounts from time to time, and for this purpose the accounts of the Litigation Trustee Parties are hereby referred to a judge of the Commercial List of the Ontario Superior Court of Justice.
Sears Canada is authorized and directed to pay the accounts of the Litigation Trustee Parties on a bi-weekly basis (or such other interval as may be mutually agreed upon) and, in addition, Sears Canada is hereby authorized to pay to the Litigation Trustee Parties retainers not exceeding $50,000.00 each, to be held by them as security for payment of their respective fees and disbursements outstanding from time to time.
THIS COURT ORDERS that the Litigation Trustee and counsel to the Litigation Trustee (collectively, the " Litigation Trustee Parties") shall be paid their reasonable fees and disbursements, in each case at their standard rates and charges, by Sears Canada as part of the costs of these proceedings.
To the fullest extent permitted by law, Expenses to be incurred by any Indemnified DE Trustee Parties shall, from time to time, be advanced by, or on behalf of, the Company prior to the final disposition of any matter upon receipt by the Company of an undertaking by, or on behalf of, such Indemnified DE Trustee Parties to repay such amount if it shall be determined that the Indemnified DE Trustee Parties are not entitled to be indemnified under this Declaration of Trust.
None of the Litigation Trustee Parties or the Litigation Trust Oversight Board members shall be liable for incidental or consequential damages under any circumstances, even if it has been advised of the possibility of such damages.
If approved by the Litigation Trust Oversight Board, the Litigation Trust may indemnify and hold harmless the employees and agents of the Litigation Trust to the same extent as provided in this Section 3.10 for the Litigation Trustee Parties and the Litigation Trust Oversight Board members.
Children’s Service’ should only agree to such requests where there are good grounds for them, and no suitable alternative exists.
The Litigation Trustee Parties may consult with counsel, and any opinion of counsel shall be full and complete authorization and protection in respect of any action taken or suffered by the Litigation Trustee Parties in accordance therewith.