Trustee’s Obligations. The Trustee shall promptly inform the Agent of:
Trustee’s Obligations. No provision of this deed requires the Trustee to expend or risk its own funds or to otherwise incur any financial liability in the performance of any of its duties or in the exercise of its rights including, but not limited to, prosecuting, defending or otherwise enforcing any claims by or against the Trust Fund.
Trustee’s Obligations. No power, duty or responsibility is imposed on the trustee except as set forth in this agreement. The trustee is not obliged to determine whether funds delivered to or distributions from the trust are proper under the trust, or whether any tax is due or payable as a result of any such delivery or distribution. The trustee shall be protected in making any distribution from the trust as directed pursuant to Article II without inquiring as to whether the distributee is entitled thereto; the trustee shall not be liable for any distribution made in good faith without written notice or knowledge that the distribution is not proper under the terms of this agreement; and the trustee shall not be liable for any action taken because of the specific direction of the administrator.
Trustee’s Obligations. 1. The Trustee represents that all the rights, interests and dividends (including self-produced and not yet produced) of the Entrusted Shares shall unconditionally belong to the Beneficiary.
Trustee’s Obligations. The granting of the powers of attorney referred to in Clause 3.1 does not release the Trustee of its obligations under the Trust Agreement.
Trustee’s Obligations. Each Security Trustee shall promptly inform Lender of:
Trustee’s Obligations. To construct the Facility on the Project Land at the Trustee’s costs and expenses in accordance with Upeca’s Specifications (“Construction Works”).
Trustee’s Obligations. 2.1 The Security Trustee agrees that it shall act as trustee for the Bondholders as envisaged by the obligations of the Issuer under the relevant security document and/or of the Prospectus and shall take the benefit of the Security on trust for the benefit of the Bondholders. The Security Trustee shall have no obligation to improve the Security or to identify any alternative to the Security for the benefit of the Bondholders.
Trustee’s Obligations. (a) The Trustee covenants and agrees that, as assignee of the rights of the IDB under the IDB Lease Agreement, it will not suffer, permit or take any action or do anything or fail to take any action or fail to do anything that may result in the termination of the IDB Lease Agreement prior to its stated expiration date so long as any Security is Outstanding; that it will fulfill its obligations (as assignee of the IDB) and will require the Mobile Energy Parties to perform punctually the duties and obligations of the Mobile Energy Parties under the IDB Lease Agreement and will otherwise administer the IDB Lease Agreement in accordance with its terms and assure the continued ownership, operation, management, repair and maintenance of the Tax-Exempt Project by the Company and the Company's payment of the rental payments thereunder and the costs and expenses of ownership, operation, management, repair and maintenance of the Tax-Exempt Project, all in accordance with the terms of the IDB Lease Agreement; that (as assignee of the IDB) it will not terminate the IDB Lease Agreement or cause it to be terminated except in strict accordance with the terms thereof; that it will not agree to any termination, amendment, supplement, waiver or other modification of or to the IDB Lease Agreement except by supplemental Contract duly executed by the Mobile Energy Parties and the IDB and upon the further terms and conditions set forth in Article XI of this Indenture; and that (as assignee of the IDB), except as expressly provided in the IDB Lease Agreement and herein, it will not agree to any abatement, reduction, abrogation, waiver, diminution or other modification in any manner or to any extent whatsoever of the obligation of the Mobile Energy Parties or any successor under the IDB Lease Agreement to pay the rental payments to meet its other obligations as provided in the IDB Lease Agreement.
Trustee’s Obligations. 4.1 The Trustees shall in the case of an award of:
