Duties and Responsibilities of the Trustee. During Default; Prior to Default. With respect to the Holders of any series of Securities issued hereunder, the Trustee, prior to the occurrence of an Event of Default with respect to the Securities of a particular series and after the curing or waiving of all Events of Default which may have occurred with respect to such series, undertakes to perform such duties and only such duties as are specifically set forth in this Indenture. In case an Event of Default with respect to the Securities of a series has occurred (which has not been cured or waived) the Trustee shall exercise with respect to such series of Securities such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs. No provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act or its own wilful misconduct, except that
Duties and Responsibilities of the Trustee. During Default;
Duties and Responsibilities of the Trustee. (a) If an Event of Default occurs and is continuing with respect to the Debentures of any series, the Trustee shall exercise the rights and powers vested in it by this Indenture with respect to that series and use the same degree of care and skill in its exercise as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.
Duties and Responsibilities of the Trustee. During Default; Prior to Default. 30 Section 5.02. Trustee’s Obligations with Respect to the Covenants 30 Section 5.03. Property Held by Trustee 31 Section 5.04. Reports by the Trustee to Holders 31 Section 5.05. Certain Rights of the Trustee 31 Section 5.06. Trustee and Agents May Hold Securities; Collections, etc 33 Section 5.07. Compensation and Indemnification of Trustee and Its Prior Claim 33 Section 5.08. Right of Trustee to Rely on Officer’s Certificate, etc 34 Section 5.09. Disqualification; Conflicting Interests 34 Section 5.10. Persons Eligible for Appointment as Trustee 34 Section 5.11. Resignation and Removal; Appointment of Successor Trustee 34 Section 5.12. Acceptance of Appointment by Successor 36 Section 5.13. Merger, Conversion, Consolidation or Succession to Business of Trustee 37 Section 5.14. Preferential Collection of Claims Against the Issuer 37 Section 5.15. Trustee’s Disclaimer 37 ARTICLE 6
Duties and Responsibilities of the Trustee. (a) Except during the continuance of an Event of Default,
Duties and Responsibilities of the Trustee. (a) The Trustee undertakes to perform such duties and only such duties as are specifically set forth in this Indenture. If an Event of Default with respect to any Debt Securities exists, then the Trustee shall exercise the rights and powers vested in it by this Indenture and use the same degree of care and skill in the exercise thereof as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs. No provision of this Indenture shall be construed to relieve the Trustee from liability for its own grossly negligent action, its own grossly negligent failure to act or its own willful misconduct, except that:
Duties and Responsibilities of the Trustee. During Default; Prior to Default. With respect to the Holders of any series of Securities issued hereunder, the Trustee, prior to the occurrence of an Event of Default with respect to the Securities of a particular series and after the curing or waiving of all Events of Default which may have occurred with respect to such series, undertakes to perform such duties and only such duties as are specifically set forth in this Indenture. In case an Event of Default with respect to the Securities of a series has occurred (which has not been cured or waived) the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person's own affairs.
Duties and Responsibilities of the Trustee. During -------------------------------------------------- Default; Prior to Default. The Trustee, prior to the occurrence of an Event of ------------------------- Default hereunder and after the curing or waiving of all such Events of Default which may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Indenture. In case an Event of Default hereunder has occurred (which has not been cured or waived), the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent man would exercise or use under the circumstances in the conduct of his own affairs. No provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act or its own willful misconduct, except that
Duties and Responsibilities of the Trustee. The Trustee, with respect to the Securities of any series, prior to the occurrence of an Event of Default with respect to the Securities of such series and after the curing or waiving of all Events of Default with respect to the Securities of such series which may have occurred, undertakes to perform such duties and only such duties with respect to such series as are specifically set forth in this Indenture.
Duties and Responsibilities of the Trustee. During Default; Prior to Default 31 Section 6.02. Certain Rights of the Trustee 32 Section 6.03. Trustee Not Responsible for Recitals, Disposition of Securities or Application of Proceeds Thereof 34 Section 6.04. Trustee and Agents May Hold Securities; Collections, Etc. 34 Section 6.05. Moneys Held by Trustee 34 Section 6.06. Notice of Default 35
