Advice and Direction to Trustee Sample Clauses

Advice and Direction to Trustee. The Trust Committee shall provide advice, instruction and direction on matters arising in the administration of the Trust and in the disposition and Distribution of the Trust Assets, and in the pursuit of Litigation Trust Claims, as requested by the Trustee or as otherwise specifically provided herein. Privileged communications may be shared among the Trustee and the Trust Committee (and their respective Professionals) without compromising the privileged nature of the communications in accordance with the “joint interest” doctrine. For the avoidance of doubt, this Trust Agreement shall constitute an acknowledgment that the Trustee and the Trust Committee (and each of its members individually) share a “joint interest” with respect to, among other things, the Trust, the Litigation Trust Claims and the Trust Assets.
AutoNDA by SimpleDocs
Advice and Direction to Trustee. The Trust Advisory Board shall provide advice, instruction and direction on matters arising in the administration and in the disposition and distribution of Trust Assets, and in the pursuit of Trust Claims, as requested by the Trustee, or as otherwise specifically provided herein.

Related to Advice and Direction to Trustee

  • to Trustee The Trustee, subject to the provisions of Section 7.01, may receive an Opinion of Counsel as conclusive evidence that any such consolidation, merger, sale, conveyance, transfer or other disposition, and any such assumption, comply with the provisions of this Article.

  • Notice to Trustee (a) The Company shall give prompt written notice to a Responsible Officer of the Trustee of any fact known to the Company that would prohibit the making of any payment to or by the Trustee in respect of the Securities. Notwithstanding the provisions of this Article XII or any other provision of this Indenture, the Trustee shall not be charged with knowledge of the existence of any facts that would prohibit the making of any payment to or by the Trustee in respect of the Securities, unless and until a Responsible Officer of the Trustee shall have received written notice thereof from the Company or a holder of Senior Debt or from any trustee, agent or representative therefor; provided, that if the Trustee shall not have received the notice provided for in this Section 12.8 at least two Business Days prior to the date upon which by the terms hereof any monies may become payable for any purpose (including, the payment of the principal of and any premium on or interest (including any Additional Interest) on any Security), then, anything herein contained to the contrary notwithstanding, the Trustee shall have full power and authority to receive such monies and to apply the same to the purpose for which they were received and shall not be affected by any notice to the contrary that may be received by it within two Business Days prior to such date.

  • Co-Trustees The Trustee may, despite Clause 16.1, by notice in writing to the Issuer appoint anyone to act as a separate trustee or as an additional trustee jointly with the Trustee:

  • Notices, Etc., to Trustee and Company Any request, demand, authorization, direction, notice, consent, waiver or Act of Holders or other document provided or permitted by this Indenture to be made upon, given or furnished to, or filed with:

  • Notices to Trustee If the Company elects to redeem Notes pursuant to the optional redemption provisions of Section 3.07 hereof, it must furnish to the Trustee, at least 30 days but not more than 60 days before a redemption date, an Officers’ Certificate setting forth:

Time is Money Join Law Insider Premium to draft better contracts faster.