Common use of Duties of the Indenture Trustee Clause in Contracts

Duties of the Indenture Trustee. For the avoidance of doubt, the Indenture Trustee undertakes to perform only such duties as are specifically set forth in the Indenture, the Indenture Supplement, the Pooling and Servicing Agreement, any Series Supplement and this Agreement and as such shall have no obligation or responsibility to monitor or enforce compliance with Regulation RR, nor shall be liable to any Person for any violation of Regulation RR; provided that nothing in this Section 2.13 shall alter the Indenture Trustee’s duties, obligations or standard of care as set forth in the Indenture or any Indenture Supplement.

Appears in 10 contracts

Samples: Indenture (Discover Funding LLC), Indenture (Discover Bank), Discover Funding LLC

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.