Common use of Trustee's Duties Clause in Contracts

Trustee's Duties. In case an Enforcement Event has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.

Appears in 4 contracts

Samples: Indenture, Indenture, Indenture

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Trustee's Duties. In case an Enforcement Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.

Appears in 1 contract

Samples: Indenture

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