Common use of Reliance on Judicial Order Clause in Contracts

Reliance on Judicial Order. or Certificate of Liquidating -------------------------------------------------------- Agent. Upon any payment or distribution of assets or securities referred to in ----- this Article Twelve, the Trustee and the Holders shall be entitled to rely upon any order or decree made by any court of competent jurisdiction in which bankruptcy, dissolution, winding up, liquidation or reorganization proceedings are pending, or upon a certificate of the receiver, trustee in bankruptcy, liquidating trustee, agent or other similar Person making such payment or distribution, delivered to the Trustee or to the Holders for the purpose of ascertaining the persons entitled to participate in such distribution, the holders of the Guarantor Senior Indebtedness and other Indebtedness of a Subsidiary Guarantor, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article Twelve.

Appears in 1 contract

Samples: Urs Corp /New/

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Reliance on Judicial Order. or Certificate of -------------------------------------------- Liquidating -------------------------------------------------------- Agent. Upon any payment or distribution of assets or securities ----------------- referred to in ----- this Article TwelveTen, the Trustee and the Holders Securityholders shall be entitled to rely upon any order or decree made by any court of competent jurisdiction in which bankruptcy, dissolution, winding up, liquidation or reorganization proceedings are pending, or upon a certificate of the receiver, trustee in bankruptcy, liquidating trustee, agent or other similar Person making such payment or distribution, delivered to the Trustee or to the Holders Securityholders for the purpose of ascertaining the persons entitled to participate in such distribution, the holders of the Guarantor Senior Indebtedness Debt and other Indebtedness Debt of a Subsidiary Guarantorthe Issuer, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article TwelveArticle.

Appears in 1 contract

Samples: Investment Agreement (Americold Corp /Or/)

Reliance on Judicial Order. or Certificate of -------------------------------------------- Liquidating -------------------------------------------------------- Agent. ------------------ Upon any payment or distribution of assets or securities referred to in ----- this Article TwelveSeven, the Trustee and the Holders of the Notes shall be entitled to rely upon any order or decree made by any court of competent jurisdiction in which bankruptcy, dissolution, winding wind- ing-up, liquidation or reorganization proceedings are pending, or upon a certificate of the receiver, trustee in bankruptcy, liquidating trustee, agent or other similar Person person making such payment or distribution, delivered to the Trustee or to the Holders of the Notes for the purpose of ascertaining the persons entitled to participate in such distribution, the holders of the Guarantor Senior Indebtedness and other Indebtedness indebtedness of a Subsidiary Guarantorthe Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article TwelveSeven.

Appears in 1 contract

Samples: Constellation Brands Inc

Reliance on Judicial Order. or Certificate of Liquidating -------------------------------------------------------- Agent. ----- Upon any payment or distribution of assets or securities referred to in ----- this Article TwelveArticle, the Trustee and the Holders of the Securities shall be entitled to rely upon any order or decree made by any court of competent jurisdiction in which bankruptcy, dissolution, winding winding-up, liquidation or reorganization proceedings are pending, or upon a certificate of the receiver, trustee in bankruptcy, liquidating trustee, agent or other similar Person person making such payment or distribution, delivered to the Trustee or to the Holders for the purpose of ascertaining the persons entitled to participate in such distribution, the holders of the Guarantor Senior Indebtedness Debt and other Indebtedness indebtedness of a Subsidiary Guarantorthe Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article TwelveArticle.

Appears in 1 contract

Samples: Triton PCS Holdings Inc

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Reliance on Judicial Order. or Certificate of Liquidating -------------------------------------------------------- Agent. ----- Upon any payment or distribution of assets or securities of a Guarantor referred to in ----- this Article TwelveArticle, the Trustee and the Holders of the Securities shall be entitled to rely upon any order or decree made by any court of competent jurisdiction in which bankruptcy, dissolution, winding winding-up, liquidation or reorganization proceedings are pending, or upon a certificate of the receiver, trustee in bankruptcy, liquidating trustee, agent or other similar Person person making such payment or distribution, delivered to the Trustee or to the Holders for the purpose of ascertaining the persons entitled to participate in such distribution, the holders of the Senior Debt of such Guarantor Senior Indebtedness and other Indebtedness indebtedness of a Subsidiary such Guarantor, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article TwelveArticle.

Appears in 1 contract

Samples: Triton PCS Holdings Inc

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