Common use of Execution of Indenture Supplements Clause in Contracts

Execution of Indenture Supplements. In executing or accepting the additional trusts created by any amendment of this Indenture or Indenture Supplement permitted by this Article or the modifications thereby of the trusts created by this Indenture, the Indenture Trustee shall receive, and (subject to Section 8.01) shall be fully protected in relying upon, an Opinion of Counsel stating that the execution of such amendment or Indenture Supplement is authorized or permitted by this Indenture and that all conditions precedent thereto have been satisfied. The Indenture Trustee may, but shall not (except to the extent required in the case of an amendment or Indenture Supplement entered into under Section 10.01(d) or 10.01(f )) be obligated to, enter into any such Indenture Supplement which affects the Indenture Trustee’s own rights, duties or immunities under this Indenture or otherwise.

Appears in 2 contracts

Samples: Indenture (Mellon Premium Finance Loan Owner Trust), Indenture (Mellon Bank Premium Finance Loan Master Trust)

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Execution of Indenture Supplements. In executing or accepting the additional trusts created by any amendment of this Indenture or Indenture Supplement permitted by this Article or the modifications thereby of the trusts created by this Indenture, the Indenture Trustee shall will be entitled to receive, and (subject to Section 8.01801) shall will be fully protected in relying upon, an Opinion of Counsel stating that the execution of such amendment or Indenture Supplement is authorized or permitted by this Indenture and that all conditions precedent thereto have been satisfied. The Indenture Trustee may, but shall will not (except to the extent required in the case of an amendment or Indenture Supplement entered into under Section 10.01(d1001(d) or 10.01(f 1001(f)) be obligated to, enter into any such Indenture Supplement which affects the Indenture Trustee’s own rights, duties or immunities under this Indenture or otherwise.

Appears in 1 contract

Samples: Indenture (BA Master Credit Card Trust II)

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Execution of Indenture Supplements. In executing or accepting the additional trusts created by any amendment of this Indenture or Indenture Supplement permitted by this Article or the modifications thereby of the trusts created by this Indenture, the Indenture Trustee shall will be entitled to receive, and (subject to Section 8.01801) shall will be fully protected in relying upon, an Opinion of Counsel stating that the execution of such amendment or Indenture Supplement is authorized or permitted by this Indenture and that all conditions precedent thereto have been satisfied. The Indenture Trustee may, but shall will not (except to the extent required in the case of an amendment or Indenture Supplement entered into under Section 10.01(d1001(d) or 10.01(f 1001(f)) be obligated to, enter into any such Indenture Supplement which affects the Indenture Trustee’s 's own rights, duties or immunities under this Indenture or otherwise.

Appears in 1 contract

Samples: Indenture (BA Master Credit Card Trust II)

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