Trustee Warranties definition
Examples of Trustee Warranties in a sentence
In further consideration for the Transfer and the Unincorporated Charity Trustee Warranties, the Company shall indemnify and hold harmless each of the Unincorporated Charity Trustees not criminally or knowingly or recklessly responsible for any Excluded Liabilities against such Excluded Liabilities.
In consideration for the Transfer and the Unincorporated Charity Trustee Warranties, the Company undertakes to the Unincorporated Charity Trustees, from the Transfer Date, to be responsible for and to promptly discharge all the Liabilities and the Company shall indemnify and hold harmless the Unincorporated Charity Trustees against any liabilities arising in respect of any breach or non-performance of such undertaking.
To ensure that the trustees of the Company have acted properly and reasonably in judging that the Transfer is in the best interests of the Company, each of the Unincorporated Charity Trustees hereby provides the Unincorporated Charity Trustee Warranties to the Company, but only: on his/her own behalf; without responsibility for any of his/her co-trustees; to the best of his/her personal knowledge and belief; and without any obligation to make any personal special enquiry.