Common use of PARTY AS TRUSTEE Clause in Contracts

PARTY AS TRUSTEE. 22.1 If the Customer enters into the Contract in the capacity of trustee of any trust, under any trust deed, deed of settlement or other instrument, then this clause 22 applies and the Customer also enters into the Contract in its personal capacity. 22.2 The Customer represents and warrants that: (a) It is the only trustee of the trust and no action has been taken or is proposed to remove it as trustee of the trust; (b) it has power under the trust deed and under its constitution to enter into and execute the Contract and perform the obligations imposed under the Contract as trustee; and (c) the Customer is not, and has not been, in default under the trust deed. 22.3 No change of trustee of the trust (including any appointment of an additional trustee) can occur without the prior written consent of Sat One Global, which consent must not be unreasonably withheld or delayed.

Appears in 2 contracts

Samples: General Terms and Conditions, General Terms and Conditions

AutoNDA by SimpleDocs

PARTY AS TRUSTEE. 22.1 If the Customer enters into the Contract in the capacity of trustee of any trust, under any trust deed, deed of settlement or other instrument, then this clause 22 applies and the Customer also enters into the Contract in its personal capacity. 22.2 The Customer represents and warrants that: (a) It is the only trustee of the trust and no action has been taken or is proposed to remove it as trustee of the trust; (b) it has power under the trust deed and under its constitution to enter into and execute the Contract and perform the obligations imposed under the Contract as trustee; and (c) the Customer is not, and has not been, in default under the trust deed. 22.3 No change of trustee of the trust (including any appointment of an additional trustee) can occur without the prior written consent of Sat One GlobalBlueSky Telecom, which consent must not be unreasonably withheld or delayed.

Appears in 1 contract

Samples: General Terms and Conditions

AutoNDA by SimpleDocs

PARTY AS TRUSTEE. 22.1 If the Customer enters into the Contract in the capacity of trustee of any trust, under any trust deed, deed of settlement or other instrument, then this clause 22 applies and the Customer also enters into the Contract in its personal capacity. 22.2 The Customer represents and warrants that: (a) It is the only trustee of the trust and no action has been taken or is proposed to remove it as trustee of the trust; (b) it has power under the trust deed and under its constitution to enter into and execute the Contract and perform the obligations imposed under the Contract as trustee; and (c) the Customer is not, and has not been, in default under the trust deed. 22.3 No change of trustee of the trust (including any appointment of an additional trustee) can occur without the prior written consent of Sat One GlobalTelco Doctor, which consent must not be unreasonably withheld or delayed.

Appears in 1 contract

Samples: General Terms and Conditions

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!