Common use of Liability of the Trustee Clause in Contracts

Liability of the Trustee. a) The trustee shall only be liable for damages, if he violates a material obligation under the agreement (cardinal obligation) endangering the purpose of the agreement or if the damages arise from intention or gross negligence.

Appears in 3 contracts

Samples: Contact Trust Agreement, Contact Trust Agreement, www.mintac.hk

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Liability of the Trustee. a) The trustee shall only be liable for damages, if he violates a material obligation under the agreement (cardinal obligation) endangering the purpose of the agreement or if the damages arise from intention or gross negligence.

Appears in 2 contracts

Samples: www.domain-bestellsystem.de, dawne.az.pl

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Liability of the Trustee. a) The trustee Trustee shall only be liable for damages, if he violates a material obligation under the agreement (cardinal obligation) endangering the purpose of the agreement or if the damages arise from intention or gross negligence.

Appears in 1 contract

Samples: www.idotz.net

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