Common use of No Notice of Trusts Clause in Contracts

No Notice of Trusts. Neither the Issuer nor the Trustees nor any Registrar shall be bound to take notice of or see to the execution of any trust (other than that created by this Indenture) whether express, implied or constructive, in respect of any Note, and the Issuer, the Trustees or any Registrar may transfer such Note on the direction of the Person registered as the Holder thereof, whether named as trustee or otherwise, as though that Person were the Beneficial Holder of such Note.

Appears in 3 contracts

Samples: Supplemental Indenture (Wall2wall Media Inc.), Supplemental Indenture (Wall2wall Media Inc.), Trust Indenture

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No Notice of Trusts. Neither the Issuer nor the Debenture Trustees nor any Registrar shall be bound to take notice of or see to the execution of any trust (other than that created by this Indenture) whether express, implied or constructive, in respect of any NoteDebenture, and the Issuer, the Debenture Trustees or any Registrar may transfer such Note Debenture on the direction of the Person registered as the Holder thereof, whether named as trustee or otherwise, as though that Person were the Beneficial Holder of such NoteDebenture.

Appears in 3 contracts

Samples: Supplemental Indenture (Wall2wall Media Inc.), Supplemental Indenture (Wall2wall Media Inc.), Trust Indenture

No Notice of Trusts. Neither the Issuer nor the Trustees Trustee nor any Registrar registrar shall be bound to take notice of or see to the execution of any trust (other than that created by this Indenture) whether express, implied or constructive, in respect of any NoteDebenture, and the Issuer, the Trustees or any Registrar may transfer such Note the same on the direction of the Person registered as the Holder Debentureholder thereof, whether named as trustee or otherwise, as though that Person were the Beneficial Holder of such Notebeneficial owner thereof.

Appears in 2 contracts

Samples: Trust Indenture (Algonquin Power & Utilities Corp.), Trust Indenture (Algonquin Power & Utilities Corp.)

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No Notice of Trusts. Neither the Issuer nor the Trustees Trustee nor any Registrar shall be bound to take notice of or see to the execution of any trust (other than that created by this Indenture) whether express, implied or constructive, in respect of any Note, and the Issuer, the Trustees or any Registrar may transfer such Note the same on the direction of the Person registered as the Holder thereof, whether named as trustee Trustee or otherwise, as though that Person were the Beneficial Holder of such Notebeneficial owner thereof.

Appears in 1 contract

Samples: Trust Indenture (Perpetual Energy Inc.)

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