Indenture Trustee's Reliance Sample Clauses

Indenture Trustee's Reliance. In making the deposits, distributions ---------------------------- and calculations required to be made by it hereunder, the Indenture Trustee shall be entitled to rely, in good faith, on information supplied to the Indenture Trustee by the Administrator. The Administrator agrees to provide to the Indenture Trustee instructions with respect to such distributions by 3:00 p.m. (New York City time) at least one Business Day prior to each Payment Date. If the Indenture Trustee has not received such instructions by such time, the Indenture Trustee shall immediately notify the Administrator. The Indenture Trustee shall only make distributions hereunder pursuant to the terms hereof or, if the express terms do not conflict therewith, upon the written instructions of the Administrator.
Sample 1
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Indenture Trustee's Reliance. In making the deposits, distributions and calculations required to be made by it hereunder, the Indenture Trustee shall be entitled to conclusively rely, in good faith, on information supplied to the Indenture Trustee by the Administrative Agent and the Funding Agents and, prior to the written notice by the Administrative Agent to the contrary, the Issuer. The Issuer (or, if the Administrative Agent has notified the Indenture Trustee not to follow the Issuer’s instructions, the Administrative Agent) agrees to provide to the Indenture Trustee written instructions with respect to such distributions by 3:00 p.m. (New York City time) at least one (1) Business Day prior to each Settlement Date. If the Indenture Trustee has not received such instructions by such time, the Indenture Trustee shall immediately notify the Administrative Agent and the Funding Agents. The Indenture Trustee shall only make distributions hereunder pursuant to the terms hereof or, if the express terms do not conflict therewith, upon the written instructions of the Administrative Agent and the Funding Agents, as applicable. The Indenture Trustee shall be fully protected in making disbursements hereunder in accordance with the written instructions of the Administrative Agent, the Funding Agents or the Issuer delivered in accordance with this Agreement.
Sample 1

Related to Indenture Trustee's Reliance

  • Indenture Trustee’s Disclaimer The Indenture Trustee shall not be responsible for and makes no representation as to the validity or adequacy of this Indenture or the Notes, it shall not be accountable for the Issuer's use of the proceeds from the Notes, and it shall not be responsible for any statement of the Issuer in the Indenture or in any document issued in connection with the sale of the Notes or in the Notes other than the Indenture Trustee's certificate of authentication.

  • Indenture Trustee Liable The Indenture Trustee will not be relieved from liability for its own willful misconduct, bad faith or negligence, except that:

  • Indenture Trustee Opinion The Representatives will have received an opinion addressed to the Representatives, the Depositors and Ford Credit of Emmet, Xxxxxx Xxxxxx LLP (or such other counsel satisfactory to the Representatives in their reasonable judgment), counsel to the Indenture Trustee, dated the Closing Date and satisfactory in form and substance to the Representatives and their counsel, to the effect that:

  • Indenture Trustee Not Obligated Notwithstanding anything to the contrary herein, the Indenture Trustee is not obligated to enter into an amendment that adversely affects the Indenture Trustee’s rights, powers, duties, obligations, liabilities, indemnities or immunities under this Indenture.

  • Indenture Trustee May Own Securities The Indenture Trustee, in its individual or any other capacity may become the owner or pledgee of Securities with the same rights it would have if it were not Indenture Trustee.

  • Indenture Trustee May Own Notes The Indenture Trustee in its individual or any other capacity may become the owner or pledgee of Notes with the same rights as it would have if it were not Indenture Trustee.

  • Issuing Entity to Furnish Indenture Trustee Names and Addresses of Noteholders The Issuing Entity will furnish or cause to be furnished to the Indenture Trustee (a) not more than five days after the earlier of (i) each Record Date and (ii) three months after the last Record Date, a list, in such form as the Indenture Trustee may reasonably require, of the names and addresses of the Holders of Notes as of such Record Date, and (b) at such other times as the Indenture Trustee may request in writing, within 30 days after receipt by the Issuing Entity of any such request, a list of similar form and content as of a date not more than 10 days prior to the time such list is furnished; provided, however, that so long as the Indenture Trustee is the Note Registrar, no such lists shall be required to be furnished.

  • Indenture Trustee Consent The consent of the Indenture Trustee will be required for any amendment pursuant to Sections 6.1(b) or (c) that has a material adverse effect on the rights, obligations, immunities or indemnities of the Indenture Trustee.

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