Common use of Performance by the Owner Participant Clause in Contracts

Performance by the Owner Participant. Any obligation of Trust Company or the Owner Trustee hereunder or under any other Operative Agreement or other document contemplated hereby, may be performed by the Owner Participant and any such performance shall not be construed as a revocation of the trusts created hereby.

Appears in 3 contracts

Samples: Trust Agreement (Gatx Rail Corp), Trust Agreement (General American Railcar Corp Ii), Trust Agreement (General American Railcar Corp Ii)

AutoNDA by SimpleDocs

Performance by the Owner Participant. Any obligation of the ------------------------------------ Trust Company Company, the Resident Trustee or the either Owner Trustee hereunder or under any other Operative Agreement Document or other document contemplated hereby, may be performed by the Owner Participant and any such performance shall not be construed as a revocation of the trusts created hereby.

Appears in 2 contracts

Samples: Trust Agreement (Mobil Corp), Trust Agreement (Mobil Corp)

Performance by the Owner Participant. Any obligation of Trust Company or the Owner Trustee hereunder or under any other Operative Agreement Document or other document contemplated hereby, herein may be performed by the Owner Participant and any such performance shall not be construed as a revocation of the trusts trust created hereby.

Appears in 1 contract

Samples: Trust Agreement (Firstenergy Corp)

Performance by the Owner Participant. Any obligation of Trust Company or the Owner Trustee hereunder or under any other Operative Agreement Document or other document contemplated hereby, herein may be performed by the Owner Participant and any such performance shall not be construed as a revocation of the trusts trust created hereby.

Appears in 1 contract

Samples: Trust Agreement

AutoNDA by SimpleDocs

Performance by the Owner Participant. Any obligation of ------------------------------------ Trust Company or the Owner Trustee hereunder or under any other Operative Agreement or other document contemplated hereby, may be performed by the Owner Participant and any such performance shall not be construed as a revocation of the trusts created hereby.

Appears in 1 contract

Samples: Trust Agreement (Gatx Rail Corp)

Performance by the Owner Participant. Any obligation of Trust Company the Owner Trustee in its individual capacity or the as Owner Trustee hereunder or under any other Operative Agreement Document or other document contemplated herebyherein, may be performed by the any Owner Participant and any such performance shall not be construed as a revocation of the trusts trust created hereby.. * * *

Appears in 1 contract

Samples: Trust Agreement (United Air Lines Inc)

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