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resolutions, certificates, statements, opinions, reports,
docwnents, orders or other instruments, furnished to it ;
pursuant to any provision of this Indenture, shall examine ~
them to determine whether they conform to the requirements .
of this Indenture and shall forward copies to the Senefi-
ciaries. ~
(d) No provision of this Indenture shall be -
construed to relieve the Trustees from liability for their
own negligent action or omission, or wilful miscanduct,
except that
(1) prior to the occurrence of an Event
of Default:
~ (i) the duties and obligations of the
~ Trustees shall be determined solely by the express .
E provisions of this Indenture, and the Trustees shall
~ not be liable except for the performance of such duties
~ and obligations as are specifically set forth in this
~ Indenture, and no implied covenants or obliqations shall
be read into this Indenture against the Trustees; and
~ . (ii) in the absence of bad faith on the
~ part of the Trustees, the Trustees may c,~e~usively rely
~ upon any certificates or opinions furnished to ther.~
~ and conforming to the requirements of this Indenture,
~ as to the truth of the statements and the correctr~ess
~ ' of the opinions expressed therein;
~
~ (2) the Corporate Trustee shall not be liable ~
~ for any error of judgment made in good faith by a responsible ;
~
officer or responsible officers of the Corporate Trustee,
~
~ unless it shall be proved that the Corporate Trustee was
= negligent in ascertaining the pertinent facts; and
(3) the Trustees shall not be liable with
~ ~ respect to any action taken or omitted to be taken by
them in good faith in accordance with the direction of
- two-thirds in interest of the Beneficiaries relating to
the time, method and place of conducting any proceeding
_ for any remedy available to them or either of them or
f~3 exercising any trust or power conferred upon them under
this Indenture .
~ (e) None of the provisions of this Indenture shall
require the Trustees to expend or risk their own funds or
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