Common use of Continuance of Rights, Duties and Obligations and Release of Trust Funds Clause in Contracts

Continuance of Rights, Duties and Obligations and Release of Trust Funds. (a) Where trust funds or trust property have been deposited pursuant to Section 8.5, the Debentureholders and the Corporation shall continue to have and be subject to their respective rights, duties and obligations under Article 2, Article 4 and Article 5, as may be applicable.

Appears in 6 contracts

Samples: Indenture (NexGen Energy Ltd.), Indenture (NexGen Energy Ltd.), Trust Indenture (NexGen Energy Ltd.)

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Continuance of Rights, Duties and Obligations and Release of Trust Funds. (a) Where trust funds or trust property have been deposited pursuant to Section 8.59.5, the Debentureholders holders of Debentures and the Corporation Trust shall continue to have and be subject to their respective rights, duties and obligations under Article Articles 2, 3, 4, 6 and Section 7.4 (except as otherwise permitted by Article 4 11), Section 8.4 and the provisions of Article 51 pertaining to the foregoing provisions hereof, as may be applicable.

Appears in 1 contract

Samples: Trust Indenture (Pengrowth Energy Trust)

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