Common use of Contracts of the Trust Clause in Contracts

Contracts of the Trust. The parties hereby acknowledge that in addition to entering into this Indenture on its own behalf, PEOC is entering into this Indenture on behalf of the Trust and the obligations of the Trust hereunder shall not be personally binding upon PEOC, the trustee of the Trust or any of the registered or beneficial unitholders of the Trust, or any annuitant under a plan of which a unitholder of the Trust acts as trustee or carrier, and resort shall not be had to, nor shall recourse or satisfaction be sought from, any of such persons or the private property of any such persons. Any recourse against the Trust or any of the aforementioned persons in any manner in respect of any indebtedness, obligation or liability of the Trust arising hereunder or arising in connection herewith or from the matters to which this Indenture relates, if any, including, without limitation, claims based on negligence or otherwise tortious behaviour, shall be limited to, and satisfied only out of, the Trust Fund, as defined in the trust indenture by which the Trust is established made as of August 1, 2002, as amended from time to time.

Appears in 1 contract

Samples: Paramount Energy Trust (Perpetual Energy Inc.)

AutoNDA by SimpleDocs

Contracts of the Trust. The parties hereby acknowledge that in addition to entering into this Indenture on its own behalf, PEOC the Administrator is entering into this Indenture on behalf of the Trust and the obligations of the Trust hereunder shall not be personally binding upon PEOCthe Administrator, the trustee of the Trust or any of the registered or beneficial unitholders of the Trust, or any annuitant under a plan of which a unitholder of the Trust acts as trustee or carrier, and resort therefor shall not be had to, nor shall recourse or satisfaction be sought from, any of such persons or the private property of any such persons. Any recourse against the Trust or any of the aforementioned persons in any manner in respect of any indebtedness, obligation or liability of the Trust arising hereunder or arising in connection herewith or from the matters to which this Indenture relates, if any, including, without limitation, claims based on negligence or otherwise tortious behaviour, shall be limited to, and satisfied only out of, the Trust FundAssets, as defined in the trust indenture by which the Trust is established made as of August 1amended and restated June 30, 20022005 and, as amended from time to time.

Appears in 1 contract

Samples: Trust Indenture (Pengrowth Energy Trust)

Contracts of the Trust. The parties hereby acknowledge that in addition to entering into this Indenture on its own behalf, PEOC SEL is entering into this Indenture on behalf of the Trust and the obligations of the Trust hereunder shall not be personally binding upon PEOCSEL, the trustee of the Trust or any of the registered or beneficial unitholders of the Trust, or any annuitant under a plan of which a unitholder of the Trust acts as trustee or carrier, and resort shall not be had to, nor shall recourse or satisfaction be sought from, any of such persons or the private property of any such persons. Any recourse against the Trust or any of the aforementioned persons in i n any manner in respect of any indebtedness, obligation or liability of the Trust arising hereunder or arising in connection herewith or from the matters to which this Indenture relates, if any, including, without limitation, claims based on negligence or otherwise tortious behaviour, shall be limited to, and satisfied only out of, the Trust Fund, as defined in the trust indenture by which the Trust is established made as of August 1December 6, 20022004, as amended from time to time.

Appears in 1 contract

Samples: Trust Indenture (Penn West Energy Trust)

Contracts of the Trust. The parties hereby acknowledge that in addition to entering into this Indenture on its own behalf, PEOC AEI is entering into this Indenture on behalf of the Trust and the obligations of the Trust hereunder shall not be personally binding upon PEOCAEI, the trustee of the Trust or any of the registered or beneficial unitholders of the Trust, or any annuitant under a plan of which a unitholder of the Trust acts as trustee or carrier, and resort shall not be had to, nor shall recourse or satisfaction be sought from, any of such persons or the private property of any such persons. Any recourse against the Trust or any of the aforementioned persons in any manner in respect of any indebtedness, obligation or liability of the Trust arising hereunder or arising in connection herewith or from the matters to which this Indenture relates, if any, including, without limitation, claims based on negligence or otherwise tortious behaviour, shall be limited to, and satisfied only out of, the Trust Fund, as defined in the trust indenture by which the Trust is established made as of August 1April 20, 20022001, as amended from time to time.

Appears in 1 contract

Samples: Trust Indenture (Penn West Energy Trust)

Contracts of the Trust. The parties hereby acknowledge that in addition to entering into this Supplemental Indenture on its own behalf, PEOC EEC is entering into this Supplemental Indenture on behalf of the Trust and the obligations of the Trust hereunder shall not be personally binding upon PEOC, the trustee of the Trust EEC or any of the registered or beneficial unitholders of the Trust, or any annuitant under a plan of which a unitholder of the Trust acts as trustee or carrier, and resort shall not be had to, nor shall recourse or satisfaction be sought from, any of such persons or the private property of any such persons. Any recourse against the Trust or any of the aforementioned persons in any manner in respect of any indebtedness, obligation or liability of the Trust arising hereunder or arising in connection herewith or from the matters to which this Indenture relates, if any, including, without limitation, claims based on negligence or otherwise tortious behaviour, shall be limited to, and satisfied only out of, the Trust Fund, as defined in the amended and restated trust indenture by which the between Olympia Trust is established Company, as trustee, Xxx Xxxxxxxxx, as settler, and EEC made as of August 1November 29, 20022003, as amended from time to time.

Appears in 1 contract

Samples: First Supplemental Trust Indenture (Enterra Energy Trust)

AutoNDA by SimpleDocs

Contracts of the Trust. The parties hereby acknowledge that in addition to entering into this Indenture on its own behalf, PEOC HOC is entering into this Indenture on behalf of the Trust and the obligations of the Trust hereunder shall not be personally binding upon PEOC, the trustee of the Trust HOC or any of the registered or beneficial unitholders of the Trust, or any annuitant under a plan of which a unitholder of the Trust acts as trustee or carrier, and resort shall not be had to, nor shall recourse or satisfaction be sought from, any of such persons or the private property of any such persons. Any recourse against the Trust or any of the aforementioned persons in any manner in respect of any indebtedness, obligation or liability of the Trust arising hereunder or arising in connection herewith or from the matters to which this Indenture relates, if any, including, without limitation, claims based on negligence or otherwise tortious behaviour, shall be limited to, and satisfied only out of, the Trust Fund, as defined in the amended and restated trust indenture by which between the Trust is established made as of August 1Debenture Trustee and HOC dated November 27, 2002, as amended from time to time.

Appears in 1 contract

Samples: Harvest Energy Trust

Contracts of the Trust. The parties hereby acknowledge that in addition to entering into this Indenture on its own behalf, PEOC SEL is entering into this Indenture on behalf of the Trust and the obligations of the Trust hereunder shall not be personally binding upon PEOCSEL, the trustee of the Trust or any of the registered or beneficial unitholders of the Trust, or any annuitant under a plan of which a unitholder of the Trust acts as trustee or carrier, and resort shall not be had to, nor shall recourse or satisfaction be sought from, any of such persons or the private property of any such persons. Any recourse against the Trust or any of the aforementioned persons in any manner in respect of any indebtedness, obligation or liability of the Trust arising hereunder or arising in connection herewith or from the matters to which this Indenture relates, if any, including, without limitation, claims based on negligence or otherwise tortious behaviour, shall be limited to, and satisfied only out of, the Trust Fund, as defined in the trust indenture by which the Trust is established made as of August 1December 6, 20022004, as amended from time to time.

Appears in 1 contract

Samples: Trust Indenture (Canetic Resources Trust)

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