Common use of Dealings with the Grantors Clause in Contracts

Dealings with the Grantors. Upon any application or demand by the Grantors to the Collateral Trustees to take or permit any action under any of the provisions of this Agreement, each Grantor shall (unless otherwise waived by the Collateral Trustees in writing) furnish to the Collateral Trustees a certificate signed by an Authorized Officer stating that all conditions precedent, if any, provided for in this Agreement relating to the proposed action have been complied with, except that in the case of any such application or demand as to which the furnishing of such documents is specifically required by any provision of this Agreement relating to such particular application or demand, no additional certificate need be furnished.

Appears in 2 contracts

Samples: Trust and Intercreditor Agreement (Dynegy Inc /Il/), Collateral Trust Agreement (Aes Corporation)

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Dealings with the Grantors. Upon any application or demand by the Grantors to the Collateral Trustees to take or permit any action under any of the provisions of this Agreement, each Grantor shall (unless otherwise waived by the Collateral Trustees in writing) furnish to the Collateral Trustees a certificate signed by an Authorized Officer of such Grantor stating that all conditions precedent, if any, provided for in this Agreement relating to the proposed action have been complied with, except that in the case of any such application or demand as to which the furnishing of such documents is specifically required by any provision of this Agreement relating to such particular application or demand, no additional certificate need be furnished.

Appears in 1 contract

Samples: Credit Agreement (Dynegy Inc.)

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Dealings with the Grantors. Upon any application or demand by the Grantors a Grantor to the Collateral Trustees Trustee to take or permit any action under any of the provisions of this Agreement, each the Grantor shall (unless otherwise waived by the Collateral Trustees Trustee in writing) furnish to the Collateral Trustees Trustee a certificate signed by an Authorized Officer of the Grantor stating that all conditions precedent, if any, provided for in this Agreement relating to the proposed action have been complied with, except that in the case of any such application or demand as to which the furnishing of such documents is specifically required by any provision of this Agreement relating to such particular application or demand, no additional certificate need be furnished.

Appears in 1 contract

Samples: Collateral Trust Agreement (Environmental Power Corp)

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