Common use of Execution of Supplemental Trust Agreements Clause in Contracts

Execution of Supplemental Trust Agreements. In executing, or accepting the additional trusts created by, any supplemental agreement permitted by this Article or the modifications thereby of the trusts created by this Basic Agreement and the related Trust Supplement, the Trustee shall be entitled to receive, and (subject to Section 7.01) shall be fully protected in relying upon, an Opinion of Counsel stating that the execution of such supplemental agreement is authorized or permitted by this Basic Agreement and the related Trust Supplement.

Appears in 3 contracts

Samples: Pass Through Trust Agreement (Gatx Corp), Pass Through Trust Agreement (Gatx Corp), Pass Through Trust Agreement (Gatx Financial Corp)

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Execution of Supplemental Trust Agreements. In executing, or accepting the additional trusts created by, any supplemental agreement permitted by this Article or the modifications thereby of the trusts created by this Basic Agreement and the related Pass-Through Trust SupplementAgreement, the Pass-Through Trustee shall be entitled to receive, and (subject to Section 7.017.1) shall be fully protected in relying upon, an Opinion of Counsel stating that the execution of such supplemental agreement is authorized or permitted by this Basic Agreement and the related Pass-Through Trust SupplementAgreement.

Appears in 2 contracts

Samples: Pass Through Trust Agreement (Edison Mission Energy), Pass Through Trust Agreement (Edison Mission Energy)

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