Common use of Parties Dealing With the Trustee Clause in Contracts

Parties Dealing With the Trustee. In the absence of actual knowledge to the contrary, any person dealing with the Trust or the Trustee shall be entitled to rely on the authority of the Trustee or any of the Trustee’s agents to act in connection with the Assets. There is no obligation on any Person dealing with the Trustee to inquire into the validity, expediency, or propriety of any transaction by the Trustee or any agent of the Trustee.

Appears in 3 contracts

Samples: Liquidating Trust Agreement, Liquidating Trust Agreement, Liquidating Trust Agreement

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Parties Dealing With the Trustee. In the absence of actual knowledge to the contrary, any person dealing with the Trust or the Trustee shall be entitled to rely on the authority of the Trustee or any of the Trustee’s agents to act in connection with the Trust Assets. There is no obligation on any Person dealing with the Trustee to inquire into the validity, expediency, validity or expediency or propriety of any transaction by the Trustee or any agent of the Trustee.

Appears in 3 contracts

Samples: Liquidating Trust Agreement, Liquidating Trust Agreement (Circuit City Stores Inc), Liquidating Trust Agreement

Parties Dealing With the Trustee. In the absence of actual knowledge to the contrary, any person Person dealing with the Trust or the Trustee shall be entitled to rely on the authority of the Trustee or any of the Trustee’s agents to act in connection with the Trust Distribution Assets. There is no obligation on any No Person dealing that may deal with the Trustee shall have any obligation to inquire into the validity, expediency, validity or expediency or propriety of any transaction by the Trustee or any agent of the Trustee.

Appears in 1 contract

Samples: Gpor Distribution Trust Agreement (GPOR Distribution Trust)

Parties Dealing With the Trustee. In the absence of actual knowledge to the contrary, any person Person dealing with the Trust or the Trustee shall be entitled to rely on the authority of the Trustee or any of the Trustee’s agents to act in connection with the AssetsTrust. There is no obligation on the part of any Person dealing with the Trustee to inquire into the validity, expediency, expediency or propriety of any transaction by the Trustee or any agent of the Trustee.

Appears in 1 contract

Samples: Voting Trust Agreement

Parties Dealing With the Trustee. In the absence of actual knowledge to the contrary, any person dealing with the Trust or the Trustee shall be entitled to rely on the authority of the Trustee or any of the Trustee’s agents to act in connection with the Trust Assets. There is no obligation on any Person person dealing with the Trustee to inquire into the validity, expediency, validity or expediency or propriety of any transaction by the Trustee or any agent of the Trustee.

Appears in 1 contract

Samples: Liquidating Trust Agreement (Nationsrent Companies Inc)

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Parties Dealing With the Trustee. In the absence of actual knowledge to the contrary, any person Person dealing with the Trust or the Trustee shall be entitled to rely on the authority of the Trustee or any of the Trustee’s agents to act in connection with the Trust Assets. There is no obligation on any Person dealing with the Trustee to inquire into the validity, expediency, validity or expediency or propriety of any transaction by the Trustee or any agent of the Trustee.

Appears in 1 contract

Samples: Litigation Trust Agreement (Jennifer Convertibles Inc)

Parties Dealing With the Trustee. In the absence of actual knowledge to the contrary, any person Person dealing with the Trust or the Trustee shall be entitled to rely on the authority of the Trustee or any of the Trustee’s agents to act in connection with the Trust Assets. There is no obligation on of any Person dealing with the Trustee to inquire into the validity, expediency, validity or expediency or propriety of any transaction by the Trustee or any agent of the Trustee.

Appears in 1 contract

Samples: Liquidating Trust Agreement

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