Common use of Execution of Supplemental Agreements Clause in Contracts

Execution of Supplemental Agreements. In executing, or accepting the additional agencies created by, any supplemental agreement permitted by this Article or the modifications thereby of the agencies created by this Agreement, the Agent shall be entitled to receive and (subject to Section 7.1) shall be fully protected in relying upon, an Officer's Certificate and an Opinion of Counsel stating that the execution of such supplemental agreement is authorized or permitted by this Agreement and that all conditions precedent to the execution of such supplemental agreement have been satisfied. The Agent shall enter into any such supplemental agreement which does not materially adversely affect the Agent's own rights, duties or immunities under this Agreement or otherwise.

Appears in 5 contracts

Samples: Purchase Contract Agreement (Unumprovident Corp), Purchase Contract Agreement (Union Planters Corp), Purchase Contract Agreement (Platinum Underwriters Holdings LTD)

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Execution of Supplemental Agreements. In executing, or accepting the additional agencies created by, any supplemental agreement permitted by this Article or the modifications thereby of the agencies created by this Agreement, the Agent shall be entitled to receive and (subject to Section 7.17.1 hereof) shall be fully protected in relying upon, an Officer's Certificate and an Opinion of Counsel stating that the execution of such supplemental agreement is authorized or permitted by this Agreement and that all conditions precedent to the execution and delivery of such supplemental agreement amendment have been satisfied. The Agent may, but shall not be obligated to, enter into any such supplemental agreement which does not materially adversely affect affects the Agent's own rights, duties or immunities under this Agreement or otherwise.

Appears in 3 contracts

Samples: Purchase Contract Agreement (Alltel Corp), Purchase Contract Agreement (Alltel Corp), Purchase Contract Agreement (St Paul Companies Inc /Mn/)

Execution of Supplemental Agreements. In executing, or accepting the additional agencies created by, any supplemental agreement permitted by this Article or the modifications thereby of the agencies created by this Agreement, the Agent shall be entitled to receive and (subject to Section 7.1) shall be fully protected in relying upon, an Officer's ’s Certificate and an Opinion of Counsel stating that the execution of such supplemental agreement is authorized or permitted by this Agreement and that all conditions precedent to the execution of such supplemental agreement have been satisfied. The Agent shall enter into any such supplemental agreement which does not materially adversely affect the Agent's ’s own rights, duties or immunities under this Agreement or otherwise.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Unumprovident Corp), Purchase Contract Agreement (Unumprovident Corp)

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Execution of Supplemental Agreements. In executing, or accepting the additional agencies created by, any supplemental agreement permitted by this Article or the modifications thereby of the agencies created by this Agreement, the Agent shall be entitled to receive and (subject to Section 7.1) shall be fully protected in relying upon, an Officer's Officers' Certificate and an Opinion of Counsel stating that the execution of such supplemental agreement is authorized or permitted by this Agreement and that all conditions precedent to the execution of such supplemental agreement have been satisfied. The Agent shall enter into any such supplemental agreement which does not materially adversely affect the Agent's own rights, duties or immunities under this Agreement or otherwise.

Appears in 1 contract

Samples: Purchase Contract Agreement (Household International Inc)

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