Common use of Indemnification of Trustee Clause in Contracts

Indemnification of Trustee. The Trust Deed contains provisions for the indemnification of the Trustee and for its relief from responsibility. The Trustee is entitled to enter into business transactions with the Issuer or the Guarantor without accounting for any profit resulting therefrom.

Appears in 18 contracts

Samples: Entrustment Agreement, Entrustment Agreement, Entrustment Agreement

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Indemnification of Trustee. The Trust Deed contains provisions for the indemnification of the Trustee and for its relief from responsibility, including provisions relieving it from any obligation to take proceedings to enforce repayment unless indemnified to its satisfaction. The Trustee is entitled to enter into business transactions with the Issuer or the Guarantor any of its subsidiaries, holding companies or affiliates without accounting for any profit resulting therefromtherefrom and to act as trustee for the holders of any other securities issued by the Issuer.

Appears in 1 contract

Samples: Ibm Credit Corp

Indemnification of Trustee. The Trust Deed contains provisions for the indemnification of the Trustee and for its relief from responsibility. The Trustee is entitled to enter into business transactions with the Issuer or and any entity related to the Guarantor Issuer without accounting for any profit resulting therefromprofit.

Appears in 1 contract

Samples: Ecolab Inc

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Indemnification of Trustee. The Trust Deed contains provisions for the indemnification of the Trustee and for its relief from responsibility. The Trustee is entitled to enter into business transactions with the Issuer or the Guarantor and any entity related to the Issuer or the Guarantor without accounting for any profit resulting therefromprofits.

Appears in 1 contract

Samples: Intercontinental Hotels Group PLC /New/

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