Common use of Knowledge of Debenture Trustee Clause in Contracts

Knowledge of Debenture Trustee. Notwithstanding the provisions of this Article 5 or any provision in this Indenture or in the Debentures contained, the Debenture Trustee will not be charged with knowledge of any Senior Indebtedness or of any default in the payment thereof, or of the existence of any other fact that would prohibit the making of any payment of monies to or by the Debenture Trustee, or the taking of any other action by the Debenture Trustee, unless and until the Debenture Trustee has received written notice thereof from the Trust, any Debentureholder or any Senior Creditor.

Appears in 5 contracts

Samples: Trust Indenture (Penn West Energy Trust), Trust Indenture (Penn West Energy Trust), Trust Indenture (Canetic Resources Trust)

AutoNDA by SimpleDocs

Knowledge of Debenture Trustee. Notwithstanding the provisions of this Article 5 or any provision in this Indenture or in the Debentures contained, neither the trustee nor the Debenture Trustee will not be charged with knowledge of any Senior Indebtedness or of any default in the payment thereof, or of the existence of any Event of Default or any other fact that would prohibit the making of any payment of monies to or by the Debenture Trustee, or the taking of any other action by the Debenture TrusteeTrustee or the trustee, unless and until the Debenture Trustee it has received written notice thereof from the Trust, any Debentureholder or any Senior Creditor.

Appears in 1 contract

Samples: Harvest Energy Trust

Knowledge of Debenture Trustee. Notwithstanding the provisions of this Article 5 or any provision in this Indenture or in the Debentures contained, the Debenture Trustee will not be charged with knowledge of any Senior Indebtedness or of any default in the payment thereof, or of the existence of any other fact that would prohibit the making of any payment of monies to or by the Debenture Trustee, or the taking of any other action by the Debenture Trustee, unless and until the Debenture Trustee has received written notice thereof from the TrustCorporation, any Debentureholder or any Senior Creditor.

Appears in 1 contract

Samples: Trust Indenture (Gastar Exploration LTD)

Knowledge of Debenture Trustee. Notwithstanding the provisions of this Article 5 or any provision in this Indenture or in the Debentures containedDebentures, the Debenture Trustee will not be charged with knowledge of any Senior Indebtedness or of any default in the payment thereof, or of the existence of any other fact that would prohibit the making of any payment of monies to or by the Debenture Trustee, or the taking of any other action by the Debenture Trustee, unless and until the Debenture Trustee has received written notice thereof from the TrustCompany, any Debentureholder or any Senior Creditor.

Appears in 1 contract

Samples: Trust Indenture (Canadian Satellite Radio Holdings Inc.)

AutoNDA by SimpleDocs

Knowledge of Debenture Trustee. Notwithstanding the provisions of this Article 5 or any provision in this Indenture or in the Debentures contained, the Debenture Trustee will not be charged with knowledge of any Senior Indebtedness or of any default in the payment thereof, or of the existence of any other fact that would prohibit the making of any payment of monies to or by the Debenture Trustee, or the taking of any other action by the Debenture Trustee, ; unless and until the Debenture Trustee has received written notice thereof from the Trust, any Debentureholder or any Senior Creditor.

Appears in 1 contract

Samples: Trust Indenture (Penn West Energy Trust)

Knowledge of Debenture Trustee. Notwithstanding the provisions of this Article 5 or any provision in this Indenture or in the Debentures containedDebentures, the Debenture Trustee will not be charged with knowledge of any Senior Indebtedness or of any default in the payment thereofthereof or any other event of default, or of the existence of any other fact that would prohibit the making of any payment of monies to or by the Debenture Trustee, or the taking of any other action by the Debenture Trustee, unless and until the Debenture Trustee has received written notice thereof from the TrustCorporation, any Debentureholder or any Senior Creditor.

Appears in 1 contract

Samples: Indenture (PENGROWTH ENERGY Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.