Common use of Protection of Trustee Clause in Contracts

Protection of Trustee. The Trustee shall not be obligated under any circumstances whatsoever in the fulfilment of any of the circumstances and obligations hereunder, to expend or risk its funds or otherwise incur financial liability.

Appears in 8 contracts

Samples: Indenture, Odyssey Trust Company (CLS Holdings USA, Inc.), Indenture (Fairfax Financial Holdings LTD/ Can)

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Protection of Trustee. The Trustee shall not be obligated under any circumstances whatsoever in the fulfilment of any None of the circumstances and obligations hereunder, provisions of this Indenture shall require a Trustee to expend or risk its own funds or otherwise to incur any liability, financial liabilityor otherwise, in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers if it shall have reasonable grounds for believing that repayment of such funds or indemnity satisfactory to it against such risk or liability is not assured to it.

Appears in 5 contracts

Samples: Indenture (C21 Investments Inc.), Indenture (C21 Investments Inc.), Indenture (C21 Investments Inc.)

Protection of Trustee. The Trustee shall not be obligated under any circumstances whatsoever in the fulfilment of any None of the circumstances and obligations hereunder, provisions of this Warrant Indenture shall require a Trustee to expend or risk its own funds or otherwise to incur any liability, financial liabilityor otherwise, in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers if it shall have reasonable grounds for believing that repayment of such funds or indemnity satisfactory to it against such risk or liability is not assured to it.

Appears in 5 contracts

Samples: Alliance Trust Company, Alliance Trust Company, Warrant Indenture (C21 Investments Inc.)

Protection of Trustee. The Indenture Trustee shall not be obligated under any circumstances whatsoever in the fulfilment fulfillment of any of the circumstances and obligations hereunder, to expend or risk its funds or otherwise incur financial liability.

Appears in 3 contracts

Samples: Indenture (Golden Star Resources LTD), Indenture (Golden Star Resources LTD), Golden Star Resources LTD

Protection of Trustee. The Indenture Trustee shall not be obligated under any circumstances whatsoever in the fulfilment of any of the circumstances and obligations hereunder, to expend or risk its funds or otherwise incur financial liability.

Appears in 2 contracts

Samples: Student Transportation Inc., Alamos Gold Inc

Protection of Trustee. The Trustee shall not be obligated under any circumstances whatsoever in the fulfilment of any of the circumstances and obligations hereunder, to expend or risk its funds or otherwise incur financial liability.

Appears in 1 contract

Samples: Odyssey Trust Company

Protection of Trustee. The Trustee shall not be obligated under any circumstances whatsoever in the fulfilment of any None of the circumstances and obligations hereunder, provisions of this Indenture shall require a Trustee to expend or risk its own funds or otherwise to incur any liability, financial liability.or otherwise, in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers if it shall have reasonable grounds for believing that repayment of such funds or indemnity satisfactory to it against such risk or liability is not assured to it. 13.3

Appears in 1 contract

Samples: webfiles.thecse.com

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Protection of Trustee. The Trustee shall not be obligated under any circumstances whatsoever in the fulfilment of any of the circumstances and obligations hereunder, to expend or risk its own funds or otherwise incur financial liability.

Appears in 1 contract

Samples: Indenture

Protection of Trustee. The Trustee shall not be obligated under any circumstances whatsoever in the fulfilment of any ‌ None of the circumstances and obligations hereunder, provisions of this Indenture shall require a Trustee to expend or risk its own funds or otherwise to incur any liability, financial liabilityor otherwise, in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers if it shall have reasonable grounds for believing that repayment of such funds or indemnity satisfactory to it against such risk or liability is not assured to it.

Appears in 1 contract

Samples: Alliance Trust Company

Protection of Trustee. The Trustee shall will not be obligated under any circumstances whatsoever in the fulfilment of any of the circumstances and obligations hereunder, to expend or risk its funds funds, nor does the Trustee make any representation as to the validity or otherwise incur financial liabilitysufficiency of the First Supplemental Indenture, including but not limited to the recitals hereof.

Appears in 1 contract

Samples: Stelco Inc /Fi

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