Common use of Employ Agents Clause in Contracts

Employ Agents. The Indenture Trustee may, but is not required to, employ (at the expense of the Trust) such counsel, agents and other assistants as it may reasonably require for the proper determination and discharge of its duties under this Indenture, and shall not be responsible for any negligence or misconduct on the part of any counsel, agents or other assistants or for any liability incurred by any Person as a result of not employing such counsel, agents or other assistants, and may pay reasonable remuneration for all services performed for it in the discharge of the trusts hereof and thereof and shall be entitled to receive compensation for all reasonable disbursements, costs, liabilities and expenses made or incurred by it in the discharge of its duties hereunder and thereunder and in the management of the trusts hereof and thereof; all such disbursements, costs, liabilities and expenses and all expenses incidental to the preparation, execution and recording of this Indenture, any Related Security Document or of any document ancillary or supplemental hereto or thereto and to the preparation, execution, creation and issuance of the Notes, whether done or incurred at the request of the Indenture Trustee or the Trust, shall be paid thirty days following receipt by the Trust of an invoice from the Indenture Trustee with respect to such expenses and shall be paid by the Trust immediately upon receipt of such invoice and shall, until paid, constitute a Lien on the Collateral in priority to the Lien Hereof and shall be payable out of any funds which come into the possession of the Indenture Trustee. No amounts paid by the Indenture Trustee under this Section in good faith and acting reasonably shall be disallowed.

Employ Agents. The Indenture Trustee may, but is not required to, may employ (at the expense of the TrustIssuer) such counseland act and rely on the opinion or advice of or information obtained from any Counsel, auditor, valuer, engineer, surveyor, appraiser or other expert, agents (mandataries) and other assistants assistants, whether employed by the Trustee, the Issuer or otherwise and as it may reasonably require for the proper determination and discharge of its duties under this Indenture, and shall not be liable for acting or refusing to act in good faith on any such opinion or advice and shall not be responsible for any negligence bad faith or misconduct intentional or gross fault on the part of any counselsuch Counsel, agents auditor, valuer, engineer, surveyor, appraiser or other assistants or for any liability incurred by any Person as a result of not employing such counselexpert, agents agent (mandatary) or other assistantsassistant, and may pay reasonable remuneration for all services performed for it in the discharge of the trusts hereof and thereof with respect to this Indenture, and shall be entitled to receive compensation reimbursement for all reasonable disbursements, costs, liabilities and expenses made or incurred by it in the discharge of its duties hereunder and thereunder and in the management of the trusts hereof and thereof; all with respect to this Indenture. All such disbursements, costs, liabilities and expenses in relation to this Indenture and all expenses incidental to the preparation, execution and recording of this Indenture, any Related Security Document or of any document ancillary or supplemental hereto or thereto and to the preparation, execution, creation and issuance of the NotesDebentures, whether done or incurred at the request of the Indenture Trustee or the TrustIssuer, shall be paid bear interest at the posted annual rate of interest charged by the Trustee from time to time to its corporate clients from the date which is thirty (30) days following receipt by the Trust Issuer of an invoice from the Indenture Trustee with respect to such expenses until the date of reimbursement and shall (together with such interest) be paid by the Trust Issuer immediately upon receipt of such invoice and shall, until paid, constitute a Lien on the Collateral in priority to the Lien Hereof and shall be payable out of any funds which come into the possession of the Indenture Trustee. No amounts paid by the Indenture Trustee under this Section in good faith and acting reasonably shall be disallowedinvoice.

Employ Agents. The Indenture Trustee may, but is not required to, employ (at the expense of the TrustIssuer) such counselCounsel, agents and other assistants as it may reasonably require for the proper determination and discharge of its duties under this Indenture, and shall not be responsible for any negligence or misconduct on the part of any counselsuch Counsel, agents agent or other assistants assistant or for any liability incurred by any Person as a result of not employing such counselCounsel, agents agent or other assistantsassistant, and may pay reasonable remuneration for all services performed for it in the discharge of the trusts hereof and thereof with respect to this Indenture, and shall be entitled to receive compensation reimbursement for all reasonable disbursements, costs, liabilities and expenses made or incurred by it in the discharge of its duties hereunder and thereunder and in the management of the trusts hereof and thereof; all with respect to this Indenture. All such disbursements, costs, liabilities and expenses in relation to this Indenture and all expenses incidental to the preparation, execution and recording of this Indenture, any Related Security Document or of any document ancillary or supplemental hereto or thereto and to the preparation, execution, creation and issuance of the NotesDebentures, whether done or incurred at the request of the Indenture Trustee or the TrustIssuer, shall be paid bear interest at the posted annual rate of interest charged by the Trustee from time to time to its corporate trust customers from the date which is thirty (30) days following receipt by the Trust Issuer of an invoice from the Indenture Trustee with respect to such expenses until the date of reimbursement and shall (together with such interest) be paid by the Trust Issuer immediately upon receipt of such invoice and shall, until paid, constitute a Lien on invoice. The Trustee shall not be liable for the Collateral in priority to the Lien Hereof and shall be payable out actions of any funds which come into the possession of the Indenture Trustee. No amounts paid by the Indenture Trustee under this Section in good faith agent, or for relying and acting reasonably shall be disallowedupon the advice of any expert, provided it has chosen them with due care.