Common use of Evidence of Compliance of Supplemental Indenture to Be Furnished Trustee Clause in Contracts

Evidence of Compliance of Supplemental Indenture to Be Furnished Trustee. The Trustee shall sign any amendment, supplement or waiver authorized pursuant to this Article 10 if the amendment, supplement or waiver does not impose any personal obligations on the Trustee or adversely affect the rights, duties, liabilities or immunities of the Trustee. If it does, the Trustee may, but need not, sign it. In executing any amendment, supplement or waiver, the Trustee shall be entitled to receive an indemnity and/or security satisfactory to it and shall also be entitled to receive and (subject to Section 7.01 hereof) shall be fully protected in relying upon, in addition to the documents required by Section 18.05, an Officer’s Certificate and an Opinion of Counsel stating that the execution of such amended or supplemental indenture is authorized or permitted by this Indenture and that such amendment, supplement or waiver has been duly authorized, executed and delivered and is the legal, valid and binding obligation of the Company and any Guarantors party thereto, enforceable against them in accordance with its terms, subject to customary exceptions, and complies with the provisions hereof.

Appears in 3 contracts

Samples: Fourth Supplemental Indenture (Rockley Photonics Holdings LTD), Supplemental Indenture (Rockley Photonics Holdings LTD), Rockley Photonics Holdings LTD

AutoNDA by SimpleDocs

Evidence of Compliance of Supplemental Indenture to Be Furnished Trustee. The Trustee shall sign any amendment, supplement or waiver authorized pursuant to this Article 10 if the amendment, supplement or waiver does not impose any personal obligations on 110 the Trustee or adversely affect the rights, duties, liabilities or immunities of the Trustee. If it does, the Trustee may, but need not, sign it. In executing any amendment, supplement or waiver, the Trustee shall be entitled to receive an indemnity and/or security satisfactory to it and shall also be entitled to receive and (subject to Section 7.01 hereof) shall be fully protected in relying upon, in addition to the documents required by Section 18.05, an Officer’s Certificate and an Opinion of Counsel stating that the execution of such amended or supplemental indenture is authorized or permitted by this Indenture and that such amendment, supplement or waiver has been duly authorized, executed and delivered and is the legal, valid and binding obligation of the Company and any Guarantors party thereto, enforceable against them in accordance with its terms, subject to customary exceptions, and complies with the provisions hereof.

Appears in 2 contracts

Samples: Rockley Photonics Holdings LTD, Rockley Photonics Holdings LTD

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!