Discretion as to Execution of Documents. Prior to executing any document required to be executed by it pursuant to the terms of Section 10.01 hereof, the Owner Trustee shall be entitled to receive an opinion of its counsel to the effect that the execution of such document is authorized hereunder. If in the opinion of the Owner Trustee any such document adversely affects any right, duty, immunity or indemnity in favor of the Owner Trustee hereunder or under any other Operative Document to which the Owner Trustee is a party, the Owner Trustee may in its discretion decline to execute such document.
Discretion as to Execution of Documents. If in the --------------------------------------- opinion of the Owner Trustee any document required to be executed pursuant to the terms of Section 10.01 adversely affects any right, duty, immunity or indemnity in favor of the Owner Trustee hereunder or under any other Operative Agreement to which the Owner Trustee is a party, the Owner Trustee may in its discretion decline to execute such document unless Owner Trustee is furnished with indemnification from Lessee or any other party upon terms and in amounts reasonably satisfactory to Owner Trustee to protect the Trust Estate and Owner Trustee against any and all liabilities, costs and expenses arising out of the execution of such documents.
Discretion as to Execution of Documents. If in the opinion of Owner Trustee any document required to be executed pursuant to the terms of Section 10.01 adversely affects any right, duty, immunity or indemnity in favor of Trust Company or Owner Trustee hereunder or under any other Operative Document, Owner Trustee may in its discretion decline to execute such document.
Discretion as to Execution of Documents. Prior to executing any document required to be executed by it pursuant to the terms of Section 10.1 hereof, the Litigation Trustee shall be entitled to receive an opinion of its counsel reasonably acceptable to the Litigation Trustee to the effect that the execution of such document is authorized hereunder and that the conditions set forth in Section 10.1 have been satisfied. If in the reasonable opinion of the Litigation Trustee any such document adversely affects any right, duty, immunity or indemnity in favor of the Litigation Trustee hereunder, the Litigation Trustee may in its discretion decline to execute such document.
Discretion as to Execution of Documents. If in the reasonable opinion of any Trustee any document required to be executed by it pursuant to the terms of Section 9.1 materially and adversely affects any right, duty, immunity or indemnity in favor of such Trustee hereunder or under any other Operative Document to which such Trustee is a party, then such Trustee may in its discretion decline to execute such document. If, in the reasonable opinion of any Trustee any instrument required to be so executed adversely affects any right, duty or liability of, or immunity or indemnity in favor of such Trustee under this Agreement or any of the other Operative Documents to which the Trust is now or hereafter a party, or would cause or result in any conflict with or breach of any terms, conditions or provisions of, or default under, such Trustee's charter documents or by-laws or any document contemplated hereby to which such Trustee is a party, then such Trustee may decline to execute such instrument, unless such Trustee shall have been provided by the Owner an indemnity satisfactory to such Trustee.
Discretion as to Execution of Documents. Prior to executing any document required to be executed by it pursuant to the terms of Section 10.01 hereof, the Owner Trustee shall be entitled to receive an opinion of its counsel to the effect that the execution of such document is authorized hereunder. If in the opinion of the Owner Trustee any document required to be executed by the Owner Trustee pursuant to the terms of Section 10.01 hereof adversely affects any right, duty, immunity or indemnity in favor of the Owner Trustee hereunder or under any other Operative Agreement to which the Owner Trustee is a party, the Owner Trustee may in its discretion decline to execute such document.
Discretion as to Execution of Documents. If in the --------------------------------------- reasonable opinion of the Owner Trustee any document required to be executed pursuant to the terms of Section 11.1 (i) adversely affects any right, duty, - immunity, or indemnity in favor of the Owner Trustee hereunder or under any other Operative Document to which the Owner Trustee is a party or (ii) would -- cause or result in any conflict with or any breach of any term, condition or provision of, or default under, its charter documents or by-laws or any document contemplated hereby to which it is a party, the Owner Trustee may in its discretion decline to execute such document.
Discretion as to Execution of Documents. Prior to executing any document required to be executed by it pursuant to the terms of Section 9.01 hereof, the Trust Company shall be entitled to receive (at no expense to the Trust Company) an opinion of counsel reasonably acceptable to the Trust Company or its counsel to the effect that the execution of such document is authorized hereunder and that the conditions set forth in Section 9.01 have been satisfied. If in the reasonable opinion of the Trust Company or its counsel any such document adversely affects any right, duty, immunity or indemnity in favor of any Owner Trustee Indemnitee hereunder or under any other Operative Document, the Trust Company may in its discretion decline to execute such document; provided, however, that, the Trust Company shall give prompt written notice that it has made such a determination to the Owner Participant.
Discretion as to Execution of Documents. Prior to executing any document required to be executed by it pursuant to the terms of Section 10.01 hereof, the Trustee and the Trust Company shall be entitled to receive a certificate from the Owner Participant to the effect that the execution of such document is authorized hereunder, and the Trustee and the Trust Company shall be entitled to rely exclusively on such certificate. If in the opinion of the Trustee any such document adversely affects any right, duty, immunity or indemnity in favor of the Trustee hereunder or under any other Operative Document to which the Trustee is a party, the Trustee may in its discretion decline to execute such document.
Discretion as to Execution of Documents. Prior to executing any document required to be executed by it pursuant to the terms of Section 10.01, Owner Trustee shall be entitled to receive an opinion of its counsel to the effect that the execution of such document is authorized hereunder. If in the reasonable opinion of Owner Trustee any such document materially adversely affects any right, duty, immunity or indemnity in favor of Owner Trustee hereunder or under any other Operative Agreement to which Owner Trustee is a party, Owner Trustee may in its discretion decline to execute such document and shall incur no liability to anyone as a result thereof.
