Certain Rights of Trustees Sample Clauses

Certain Rights of Trustees. Subject to the provisions of TIA Sections 315(a) through 315(d): (1) the Trustees may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document believed by them to be genuine and to have been signed or presented by the proper party or parties; (2) any request or direction of the Company mentioned herein shall be sufficiently evidenced by a Company Request or Company Order and any resolution of the Board of Directors may be sufficiently evidenced by a Board Resolution; (3) whenever in the administration of this Indenture the Trustees shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder, each Trustee (unless other evidence be herein specifically prescribed) may, in the absence of bad faith on its part, rely upon an Officer's Certificate; (4) the Trustees may consult with counsel and the written advice of such counsel or any opinion of Counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by them hereunder in good faith and in reliance thereon; (5) the Trustees shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction of any of the Holders of Securities of any series pursuant to this Indenture, unless such Holders shall have offered to the Trustees reasonable security or indemnity against the costs, expenses and liabilities which might be incurred by them in compliance with such request or direction; (6) the Trustees shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document, but the Trustees, in their discretion, may make such further inquiry or investigation into such facts or matters as they may see fit, and, if the Trustees shall determine to make such further inquiry or investigation, they shall be entitled to examine the books, records and premises of the Company, personally or by agent or attorney; (7) in an Event of Default, the Trustees' powers shall not be infringed upon so long as they act in accordance with Section 6.02(b); (8) the Trus...
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Certain Rights of Trustees. Subject to the provisions of TIA Sections 315(a) through 315(d):
Certain Rights of Trustees. 56 9.4 Showings Deemed Necessary by a Trustee................................................58 9.5
Certain Rights of Trustees. 83 Section 7.04. Not Responsible for Recitals or Issuance of Notes........... 84 Section 7.05. Trustee's Disclaimer........................................ 84 Section 7.06. May Hold Notes.............................................. 84 Section 7.07. Money Held in Trust......................................... 84 Section 7.08.
Certain Rights of Trustees. 60 10.4 Showings Deemed Necessary by a Trustee . . . . . . . . . . 62 10.5
Certain Rights of Trustees. 63 SECTION 6.04 Trustees Not Responsible for Recitals or Issuance of Securities...............64 SECTION 6.05 May Hold Securities...........................................................65 SECTION 6.06 Money Held in Trust...........................................................65 SECTION 6.07
Certain Rights of Trustees. 82 Section 7.04. Not Responsible for Recitals or Issuance of Notes.......... 83 Section 7.05. Trustee's Disclaimer....................................... 83 Section 7.06. May Hold Notes............................................. 83 Section 7.07. Money Held in Trust........................................ 83 Section 7.08. Compensation and Reimbursement............................. 84 Section 7.09. Conflicting Interests...................................... 84 Section 7.10. Corporate Trustee Required; Eligibility.................... 84 Section 7.11. Resignation and Removal; Appointment of Successor.......... 85 Section 7.12. Acceptance of Appointment by Successor..................... 86 Section 7.13. Merger, Conversion, Consolidation or Succession to Business 86 Section 7.14. Preferential Collection of Claims Against the Company...... 87 Section 7.15.
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Certain Rights of Trustees. In the exercise of powers and discharge of the duties prescribed or conferred by the terms of this Indenture, each Trustee shall exercise the care, diligence and skill of a reasonably prudent person, and shall act honestly and in good faith and in a commercially reasonable manner and with a view to and in the best interests of the Holders of the Securities. No provision of this Indenture shall be construed to relieve the Trustees from their duties, except, that to the extent permitted by Trust Indenture Legislation: (a) the Trustees may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document believed by them to be genuine and to have been signed or presented by the proper party or parties; (b) any request or direction of the Issuer mentioned herein shall be sufficiently evidenced by an Issuer Request or Issuer Order, and any resolution of the Board of Directors shall be sufficiently evidenced by a Board Resolution;
Certain Rights of Trustees. Subject to the provisions of Section 6.01 –
Certain Rights of Trustees. Subject to the provisions of Sections 7.1 and 7.4: (a) the Trustees may rely and shall be protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document believed by them to be genuine and to have been signed or presented by the proper party or parties; (b) any request or direction of the Issuer mentioned herein shall be sufficiently evidenced by an Issuer Request or Issuer Order, and any resolution of the Board of Directors shall be sufficiently evidenced by a Board Resolution;
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