No Obligation to Incur Liability; Indemnification of the Trustee. (i) No provision of the Trust Documents will require the Trustee, in its capacity as Trustee, to expend or risk its own funds or otherwise incur any financial or other liability in the performance of any of its duties, or in the exercise of any of its rights or powers, if it has reasonable grounds to believe that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it.
Appears in 11 contracts
Samples: Federal National Mortgage Association, SMBS Master Trust Agreement, Supers Master Trust Agreement
No Obligation to Incur Liability; Indemnification of the Trustee. (ia) No provision of the Trust Documents will require the Trustee, in its capacity as Trustee, to expend or risk its own funds or otherwise incur any financial or other liability in the performance of any of its duties, or in the exercise of any of its rights or powers, if it has reasonable grounds to believe that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it.; and
Appears in 8 contracts
Samples: Master Trust Agreement, Federal National Mortgage Association, Federal National Mortgage Association
No Obligation to Incur Liability; Indemnification of the Trustee. (i) No provision of the Trust Documents will require the Trustee, in its capacity as Trustee, to expend or risk its own funds or otherwise incur any financial or other liability in the performance of any of its duties, or in the exercise of any of its rights or powers, if it has reasonable grounds to believe that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it.; and
Appears in 4 contracts
Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement
No Obligation to Incur Liability; Indemnification of the Trustee. (i) No provision of the I-Trust Documents will require the Trustee, in its capacity as Trustee, to expend or risk its own funds or otherwise incur any financial or other liability in the performance of any of its duties, or in the exercise of any of its rights or powers, if it has reasonable grounds to believe that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it.; and
Appears in 2 contracts
Samples: Master Trust Agreement, Master Trust Agreement
No Obligation to Incur Liability; Indemnification of the Trustee. (i) No provision of the Trust Documents Agreement will require the Trustee, in its capacity as Trustee, to expend or risk its own funds or otherwise incur any financial or other liability in the performance of any of its duties, or in the exercise of any of its rights or powers, if it has reasonable grounds to believe that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it.; and
Appears in 1 contract
Samples: Trust Agreement
