Common use of Execution of Amendments, Supplements and Waivers Clause in Contracts

Execution of Amendments, Supplements and Waivers. (a) As a condition to executing any supplement, amendment or waiver permitted by this Article XI, the Trustee shall be entitled to receive, and shall be fully protected in relying upon, an Opinion of Counsel and an Officer’s Certificate each stating that the execution of such supplemental indenture, amendment or waiver is authorized or permitted by the Indenture and that all conditions precedent to the execution of such supplement, amendment or waiver have been fulfilled. The Trustee may, but shall not be obligated to, enter into any such supplement, amendment or waiver which affects the Trustee’s own rights, duties or immunities under the Indenture, the A&R Pledge and Collateral Agent Agreement or otherwise.

Execution of Amendments, Supplements and Waivers. (a) As a condition to executing any supplement, amendment or waiver permitted by this Article XIV, the Trustee shall be entitled to receive, and shall be fully protected in relying upon, an Opinion of Counsel and an Officer’s Certificate each stating that the execution of such supplemental indenture, amendment or waiver is authorized or permitted by the Indenture and that all conditions precedent to the execution of such supplement, amendment or waiver have been fulfilled. The Trustee may, but shall not be obligated to, enter into any such supplement, amendment or waiver which affects the Trustee’s own rights, duties or immunities under the Indenture, the A&R Pledge and Collateral Agent Agreement or otherwise.

Execution of Amendments, Supplements and Waivers. (a) As a condition to executing any supplement, amendment or waiver permitted by this Article XIV, the Trustee shall be entitled to receive, and shall be fully protected in relying upon, an Opinion of Counsel and an Officer’s Certificate each stating that the execution of such supplemental indenture, amendment or waiver is authorized or permitted by the Indenture and that all conditions precedent to the execution of such supplement, amendment or waiver have been fulfilled. The Trustee may, but shall not be obligated to, enter into any such supplement, amendment or waiver which affects the Trustee’s own rights, duties or immunities under the Indenture, the A&R Seaspan Investment Pledge and Collateral Agent Agreement or otherwise.