Rights of the Trustees Sample Clauses

Rights of the Trustees. The Trustees have and shall retain the exclusive right to manage the District subject only to such regulations governing the exercise of these rights as are expressly provided in this agreement.
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Rights of the Trustees. Wilmington Trust, National Association is entering into this Agreement solely in its capacity as 2020 Trustee under the 4.000% Senior Secured Notes Indenture and as 2021 Trustee under the 4.375% Senior Secured Notes Indenture and not in its individual or corporate capacity. In acting hereunder, 2020 Trustee shall have of the rights, privileges and immunities of the Trustee set forth in the 4.000% Senior Secured Notes Indenture and the other Note Documents (as defined in the 4.000% Senior Secured Notes Indenture) and the 2021 Trustee shall have all of the rights, privileges and immunities of the Trustee set forth in the 4.375% Senior Secured Notes Indenture and the other Note Documents (as defined in the 4.375% Senior Secured Notes Indenture), whether or not expressly set forth herein.
Rights of the Trustees. The rights, privileges, protections, immunities and benefits given to the Trustees under the Indenture, as applicable, are hereby incorporated by reference in this Agreement as if set forth in their entirety herein.
Rights of the Trustees. In entering into this Fourth Supplemental Indenture, the Trustees shall be entitled to the benefit of every provision of the Indenture relating to the conduct or affecting the liability or affording protection to the Trustees, whether or not elsewhere herein so provided. Each of the Corporation and AWAC hereby reaffirms its obligations under Section 608 of the Indenture to indemnify each of the Trustees against any losses, liabilities, or expenses incurred by it in connection with its execution and performance of this Fourth Supplemental Indenture. This indemnity shall survive the satisfaction and discharge of the Indenture and the resignation or removal of either of the Trustees. In no event shall either of the Trustees be responsible or liable for any failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances. nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software or hardware) services; it being understood that each of the Trustees shall use reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances. In no event shall the Trustees be responsible or liable for special, indirect, or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustees have been advised of the likelihood of such loss or damage and regardless of the form of action.

Related to Rights of the Trustees

  • Rights of the Trustee (A) The Trustee may conclusively rely on any document that it believes to be genuine and signed or presented by the proper Person, and the Trustee need not investigate any fact or matter stated in such document.

  • Individual Rights of the Trustee The Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Issuer or an Affiliate of the Issuer with the same rights it would have if it were not Trustee. Any Paying Agent, Transfer Agent and Registrar, co-registrar or co-paying agent may do the same with like rights. However, the Trustee must comply with Sections 11.9 and 11.11.

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