Common use of Opinion of Counsel to be Given Debenture Trustee Clause in Contracts

Opinion of Counsel to be Given Debenture Trustee. The Debenture Trustee, subject to the provisions of Sections 6.01 and 6.02, may receive an Opinion of Counsel as conclusive evidence that any consolidation, merger, sale, conveyance, transfer or lease, and any assumption, permitted or required by the terms of this Article X complies with the provisions of this Article X.

Appears in 14 contracts

Samples: Indenture (Greater Bay Bancorp), Indenture (Reliance Capital Trust I), Indenture (Nara Bancorp Inc)

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Opinion of Counsel to be Given Debenture Trustee. The Debenture Trustee, subject to the provisions of Sections 6.01 and 6.02, may receive an Opinion of Counsel as conclusive evidence that any consolidation, merger, sale, conveyance, transfer or lease, and any assumption, permitted or required by the terms of this Article X is authorized by and complies with the provisions of this Article X.X and this Indenture.

Appears in 2 contracts

Samples: Indenture (Haven Bancorp Inc), Indenture (Westbank Capital Trust I)

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