Common use of No Relief from Liability Clause in Contracts

No Relief from Liability. No provision of this Indenture will be construed to relieve the Trustee from liability for its own negligent act, negligent failure to act, wilful misconduct or bad faith.

Appears in 2 contracts

Samples: Special Warrant Indenture (Ivanhoe Energy Inc), Special Warrant Indenture (Ivanhoe Energy Inc)

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No Relief from Liability. No provision of this Indenture will be construed to relieve the Trustee from liability for its own negligent act, negligent failure to actgross negligence, wilful misconduct misconduct, bad faith or bad faithfraud.

Appears in 1 contract

Samples: Special Warrant Indenture

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No Relief from Liability. No provision of this Indenture will be construed to relieve the Trustee from liability for its own grossly negligent act, grossly negligent failure to act, wilful misconduct or bad faith.

Appears in 1 contract

Samples: Nord Resources (Nord Resources Corp)

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