Trustee Sample Clauses
The TRUSTEE clause defines the role, powers, and responsibilities of a trustee within an agreement or legal arrangement. It typically outlines the trustee's authority to manage, invest, and distribute assets held in trust for the benefit of designated beneficiaries, and may specify duties such as acting in good faith, keeping accurate records, and adhering to the terms of the trust. This clause ensures that the trustee's actions are clearly governed and that beneficiaries' interests are protected, thereby providing structure and accountability in the administration of trust assets.
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Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiary and the Company.
Trustee. SECTION 7.01.
Trustee. The Trustee hereby accepts the trust imposed upon it by this Indenture and covenants and agrees to perform the same, as herein expressed.
Trustee. Section 7.01 Duties of Trustee 71 Section 7.02 Rights of Trustee 72 Section 7.03 Individual Rights of Trustee 73 Section 7.04 Trustee’s Disclaimer 73 Section 7.05 Notice of Defaults 73 Section 7.06 Reports by Trustee to Holders of the Notes 73 Section 7.07 Compensation and Indemnity 74 Section 7.08 Replacement of Trustee 74 Section 7.09 Successor Trustee by Merger, etc. 75 Section 7.10 Eligibility; Disqualification 75 Section 7.11 Preferential Collection of Claims Against the Issuers 76
Trustee. Section 7.01.
Trustee. Section 7.01
Trustee. Section 7.01. General 40 Section 7.02. Certain Rights of Trustee 40 Section 7.03. Individual Rights of Trustee 42 Section 7.04. Trustee’s Disclaimer 43 Section 7.05. Notice of Default 43 Section 7.06. Reports by Trustee to Holders 43 Section 7.07. Compensation and Indemnity 44 Section 7.08. Replacement of Trustee 45
Trustee. The Trustee makes no representations as to the validity or sufficiency of this Supplemental Indenture. The recitals herein are deemed to be those of the Company and not of the Trustee.
Trustee. Section 7.01 Duties of Trustee 86 Section 7.02 Rights of Trustee 87 Section 7.03 Individual Rights of Trustee 88 Section 7.04 Trustee’s Disclaimer 88 Section 7.05 Notice of Defaults 89 Section 7.06 [Reserved] 89 Section 7.07 Compensation and Indemnity 89 Section 7.08 Replacement of Trustee 90 Section 7.09 Successor Trustee by ▇▇▇▇▇▇, etc. 91 Section 7.10 Eligibility; Disqualification 91 Section 7.11 Preferential Collection of Claims Against Company 91 Section 7.12 Appointment of Co-Trustees and Separate Trustee 91 Section 8.01 Option to Effect Legal Defeasance or Covenant Defeasance 92 Section 8.02 Legal Defeasance and Discharge 92 Section 8.03 Covenant Defeasance 93 Section 8.04 Conditions to Legal or Covenant Defeasance 94
Trustee. The Trustee executing this Adoption Agreement is: (Choose (a) or (b))