Common use of Court Orders Clause in Contracts

Court Orders. The Depositary Bank is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting any money, documents or things held by the Depositary Bank. The Depositary Bank shall not be liable to any of the parties hereto or any other Secured Party, their successors, heirs or personal representatives by reason of the Depositary Bank's compliance with such writs, orders, judgments or decrees, notwithstanding that such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 3 contracts

Samples: Collateral Agency and Intercreditor Agreement (Louisiana Generating LLC), u.s. Deposit and Disbursement Agreement (York Research Corp), Deposit and Disbursement Agreement (York Research Corp)

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Court Orders. The Depositary Bank is hereby authorized, in its exclusive discretion, authorized to obey and comply with all writs, orders, judgments judgments, subpoenas, summons or decrees issued by any court or administrative agency affecting any money, documents or things held by the Depositary BankBank pursuant to this Agreement. The Depositary Bank shall not be liable to any of the parties hereto or any other Secured Party, their successors, heirs or personal representatives by reason of the Depositary Bank's ’s compliance with such writs, orders, judgments or decrees, notwithstanding that such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 2 contracts

Samples: Depositary Agreement (Bloom Energy Corp), Depositary Agreement (Bloom Energy Corp)

Court Orders. The Depositary Bank is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting any moneyMonies, documents or things held by the Depositary Bank. The Depositary Bank shall not be liable to any of the parties hereto or any other Secured Party, their successors, heirs or personal representatives by reason of the Depositary Bank's compliance with such writs, orders, judgments or decrees, notwithstanding that any such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Deposit and Disbursement Agreement (Ce Generation LLC)

Court Orders. The Depositary Bank is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting any money, documents or things held by the Depositary Bank. The Depositary Bank shall not be liable to any of the parties hereto to this Agreement or any other Secured Party, their successors, heirs or personal representatives by reason of the Depositary Bank's ’s compliance with such writs, orders, judgments or decrees, notwithstanding that such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Credit Agreement (Atlantic Power Corp)

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Court Orders. The Depositary Bank is hereby authorized, in its exclusive discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting any money, documents or things held by the Depositary Bank. The Depositary Bank shall not be liable to any of the parties hereto or any other Secured Senior Party, their successors, heirs or personal representatives by reason of the Depositary Bank's compliance with such writs, orders, judgments or decrees, decrees notwithstanding that such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Collateral Agency and Intercreditor Agreement (Tenaska Georgia Partners Lp)

Court Orders. The Depositary Bank is hereby authorized, in its exclusive reasonable discretion, to obey and comply with all writs, orders, judgments or decrees issued by any court or administrative agency affecting any money, documents or things held by the Depositary Bank. The Depositary Bank shall not be liable to any of the parties hereto or any other First Lien Secured Party, their successors, heirs heirs, personal representatives, affiliates or personal representatives any other Person by reason of the Depositary Bank's ’s compliance with such writs, orders, judgments or decrees, notwithstanding that such writ, order, judgment or decree is later reversed, modified, set aside or vacated.

Appears in 1 contract

Samples: Depositary Agreement (Cheniere Energy Partners, L.P.)

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