Trustee Limited Liability. Except as otherwise provided by law, the Trustees shall not be obligated personally for any debt, obligation or liability of the Company solely by reason of being a Trustee of the Company, and the debt, obligations and liabilities of the Company, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities of the Company.
Trustee Limited Liability. Where a party is acting as an independent trustee of a Trust, the trustees either party may terminate their involvement in the mediation at any time but only after consultation with the mediator; any information disclosed during the mediation process will not be disclosed to any person not present at the mediation unless required by law; and the costs of the mediation will be shared equally by the parties. liability under this Agreement is not personal, and is limited to the assets of the Trust from time to time, unless such liability is a result of the Trustee’s wilful breach of the Trust and/or its dishonesty or fraudulent behaviour.
