208

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Phil at Jul 09, 2023 05:12 PM

208

Special Meeting
December 20, 1958

construction, operation or maintenance of the facilities hereinabove mentioned, its sole responsibility being to disburse the funds received by it in accordance with this Agreement. It shall be liable only for its own acts of negligence or willful omission. The Trustee shall not be liable for any loss or depreciation of funds invested as herein provided.

XV

This agreement may be modified by appropriate action by the Board of Regents with the written consent of the holders of 75% in principal amount of the outstanding bonds which written consent shall be filed with the Secretary of the Board of Regents.

XVI

This Agreement shall be submitted to the Attorney General of Nebraska for his approval as to form and legality and shall not be binding on the parties hereto until so approved.

IN WITNESS WHEREOF the Parties hereto have caused this Agreement to be executed in triplicate b y their duly authorized officers as of the day and year first above written.

TRUST AGREEMENT

ATTEST: THE BOARD OF REGENTS OF THE
UNIVERSITY OF NEBRASKA

/s/ John K. Selleck By: /s/ C. Y. Thompson
Secretary President

(CORPORATE SEAL) PARTY OF THE FIRST PART

208

Special Meeting
December 20, 1958

construction, operation or maintenance of the facilities hereinabove mentioned, its sole responsibility being to disburse the funds received by it in accordance with this Agreement. It shall be liable only for its own acts of negligence or willful omission. The Trustee shall not be liable for any loss or depreciation of funds invested as herein provided.

XV

This agreement may be modified by appropriate action by the Board of Regents with the written consent of the holders of 75% in principal amount of the outstanding bonds which written consent shall be filed with the Secretary of the Board of Regents.

XVI

This Agreement shall be submitted to the Attorney General of Nebraska for his approval as to form and legality and shall not be binding on the parties hereto until so approved.

IN WITNESS WHEREOF the Parties hereto have caused this Agreement to be executed in triplicate b y their duly authorized officers as of the day and year first above written.