Examples of Bond Trustees in a sentence
The Bond Trustee may, but shall not be obligated to, enter into any such supplemental indenture that affects the Bond Trustee's own rights, duties, liabilities or immunities under this Indenture or otherwise.
The Bond Trustee shall not be accountable for the Issuer's use of the proceeds from the Transition Bonds, and the Bond Trustee shall not be responsible for any statement of the Issuer in the Indenture or in any document issued in connection with the sale of the Transition Bonds or in the Transition Bonds other than the Bond Trustee's certificate of authentication.
The Bond Trustee's compensation shall not be limited by any law on compensation of a trustee of an express trust.
Such expenses shall include the reasonable compensation and expenses, disbursements and advances of the Bond Trustee's agents, counsel, accountants and experts.
The foregoing shall not, however, be construed to affect the Bond Trustee's right to rely upon the truth and accuracy of any statement or opinion contained in any such document as provided in Article VI.
The Bond Trustee's right to seek and recover judgment on the Transition Bonds or under this Indenture shall not be affected by the seeking, obtaining or application of any other relief under or with respect to this Indenture.
The Bond Trustee's obligations under the Finance Documents are conditioned upon the due payment of such fees and indemnifications.
The Issuer shall indemnify and hold harmless the Bond Trustee from and against any and all costs, damages, expenses, losses, liabilities or other amounts whatsoever (including counsel fees) incurred by the Bond Trustee in connection with the administration of this trust, the enforcement of this trust and all of the Bond Trustee's rights, powers and duties under this Indenture and the performance by the Bond Trustee of the duties and obligations of the Bond Trustee under or pursuant to this Indenture.
The provisions of this Agreement are solely for the benefit of the Servicer, the Issuers (including their respective trustees, if any) and the Bond Trustees, on behalf of themselves and the Transition Bondholders, and nothing in this Agreement, whether express or implied, shall be construed to give to any other Person any legal or equitable right, remedy or claim in any Collateral or under or in respect of this Agreement or any covenants, conditions or provisions contained herein.
The Issuer need not reimburse any expense or indemnify against any loss, liability or expense incurred by the Bond Trustee (i) through the Bond Trustee's own wilful misconduct, negligence or bad faith or (ii) to the extent the Bond Trustee was reimbursed for or indemnified against any such loss, liability or expense by the Seller pursuant to the Sale Agreement or by the Servicer pursuant to the Servicing Agreement.