Common use of PERFORMANCE OF TRUST Clause in Contracts

PERFORMANCE OF TRUST. The Trustee, the Unitholders and any officer or agent of the Trustee shall not be bound to be responsible for or otherwise inquire into or ensure the performance of any trust, whether express, implied or constructive, or of any charge, pledge or equity to which any of the Trust Units or any interest therein are or may be subject, or to ascertain or inquire whether any transfer of any such Trust Units or interests therein by any such Unitholder or by his personal representatives is authorized by such trust, charge, pledge or equity, or to recognize any person as having any interest therein except for the person recorded as Unitholder.

Appears in 3 contracts

Samples: Trust Indenture (Canetic Resources Trust), Enterra Energy Trust, Enterra Energy Trust

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PERFORMANCE OF TRUST. The Trustee, the Unitholders and any officer or agent of the Trustee shall not be bound to be responsible for or otherwise inquire into or ensure the performance of any trust, whether express, implied or constructive, or of any charge, pledge or equity to which any of the Trust Units or any interest therein are or may be subject, or to ascertain or inquire enquire whether any transfer of any such Trust Units or interests therein by any such Unitholder or by his personal representatives is authorized by such trust, charge, pledge or equity, or to recognize any person as having any interest therein except for the person recorded as Unitholder.

Appears in 3 contracts

Samples: Harvest Energy Trust (Harvest Energy Trust), Valiant Trust (Harvest Energy Trust), Harvest Energy Trust

PERFORMANCE OF TRUST. The Trustee, the Unitholders and any officer or agent of the Trustee shall not be bound to be responsible for or otherwise inquire into or ensure the performance of any trust, whether express, implied or constructive, or of any charge, pledge or equity to which any of the Trust Units or any interest therein are or may be subject, or to ascertain or inquire enquire whether any transfer of any such Trust Units or interests therein by any such Unitholder or by his personal representatives is authorized by such trust, charge, pledge pledge, or equity, or to recognize any person Person as having any interest therein except for the person Person recorded as Unitholder.

Appears in 2 contracts

Samples: Pengrowth Energy Trust, Pengrowth Energy Trust

PERFORMANCE OF TRUST. The Trustee, the Unitholders and any officer or agent of the Trustee shall not be bound to be responsible for or otherwise inquire into or ensure the performance of any trust, whether express, implied or constructive, or of any charge, pledge or equity to which any of the Trust Units or any interest therein are or may be subject, or to ascertain or inquire enquire whether any transfer of any such Trust Units or interests therein by any such Unitholder or by his personal representatives is authorized by such trust, charge, pledge or equity, or to recognize any person as having any interest therein except for the person recorded as a Unitholder.

Appears in 1 contract

Samples: Trust Indenture (Baytex Energy Trust)

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PERFORMANCE OF TRUST. The Trustee, the Trust Unitholders and any officer or agent of the Trustee shall not be bound to be responsible for or otherwise inquire into or ensure the performance of any trust, whether express, implied or constructive, or of any charge, pledge or equity to which any of the Trust Units or any interest therein are or may be subject, or to ascertain or inquire enquire whether any transfer of any such Trust Units or interests therein by any such Trust Unitholder or by his personal representatives is authorized by such trust, charge, pledge or equity, or to recognize any person as having any interest therein except for the person recorded as Trust Unitholder.

Appears in 1 contract

Samples: Enerplus Resources Fund

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