Common use of Holder is Trustee Clause in Contracts

Holder is Trustee. The Corporation hereby acknowledges and agrees that, with respect to this Section 4.2, each Holder is contracting on its own behalf and as agent for the other indemnified persons referred to in Section 4.2(a). In this regard, each Holder will act as trustee for such indemnified persons of the covenants of the Corporation under this Section 4.2 with respect to such indemnified persons and accepts these trusts and will hold and enforce those covenants on behalf of such indemnified persons.

Appears in 5 contracts

Samples: Registration Rights Agreement (Crescent Point Energy Corp.), Registration Rights Agreement (Canadian Natural Resources LTD), Registration Rights Agreement (Royal Dutch Shell PLC)

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Holder is Trustee. The Corporation Issuer hereby acknowledges and agrees that, with respect to this Section 4.2, each Holder is contracting on its own behalf and as agent for the other indemnified persons referred to in Section 4.2(a). In this regard, each Holder will act as trustee for such indemnified persons of the covenants of the Corporation Issuer under this Section 4.2 with respect to such indemnified persons and accepts these trusts and will hold and enforce those covenants on behalf of such indemnified persons.

Appears in 2 contracts

Samples: Registration Rights Agreement (Brookfield Asset Management Inc.), Registration Rights Agreement (Transalta Corp)

Holder is Trustee. The Corporation hereby acknowledges and agrees that, with respect to this Section 4.2Article 3, each the Holder is contracting on its own behalf and as agent for the other indemnified persons Persons referred to in Section 4.2(a)this Article 3. In this regard, each the Holder will act as trustee for such indemnified persons Persons of the covenants of the Corporation under this Section 4.2 Article 3 with respect to such indemnified persons Persons and accepts these trusts and will hold and enforce those covenants on behalf of such indemnified personsPersons.

Appears in 1 contract

Samples: Registration Rights Agreement (Postmedia Network Canada Corp.)

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Holder is Trustee. The Corporation hereby acknowledges and agrees that, with respect to this Section 4.2, each the Holder is contracting on its own behalf and as agent for the other indemnified persons referred to in Section 4.2(a). In this regard, each the Holder will act as trustee for such indemnified persons of the covenants of the Corporation under this Section 4.2 with respect to such indemnified persons and accepts these trusts and will hold and enforce those covenants on behalf of such indemnified persons.

Appears in 1 contract

Samples: Registration Rights Agreement (Teck Resources LTD)

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