Common use of Indemnification; Legal Action Clause in Contracts

Indemnification; Legal Action. The Owner Trustee shall not be required to take any action or refrain from taking any action under Section 6.2 hereof, or any action which in its opinion may involve expense or liability to the Owner Trustee, unless it and each of the applicable Companies, if required, and the directors, officers, employees and agents of the Owner Trustee and each of the applicable Companies, if required, shall have been indemnified by the Banks, in manner and form satisfactory to the Owner Trustee, against any liability, cost or expense (including reasonable counsel fees) which may be incurred in connection with such action or inaction. The Owner Trustee shall not take any action under Section 6.2 hereof, nor shall any other provision of this Trust Agreement be deemed to impose a duty on the Owner Trustee to take any action, if the Owner Trustee shall reasonably determine, or shall have been advised by counsel, that such action is contrary to the provisions of this Trust Agreement or any other Basic Document, or is contrary to law.