Right of Trustee to Rely on Officers. Certificate, -------------------------------------------------- etc. ---- Subject to Sections 7.01 and 7.02, whenever in the administration of the trusts of this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering or omitting any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officers' Certificate delivered to the Trustee, and such certificate, in the absence of negligence or bad faith on the part of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted by it under the provisions of this Indenture upon the faith thereof.
Appears in 1 contract
Samples: Indenture (Ohio Casualty Corp)
Right of Trustee to Rely on Officers. Certificate, -------------------------------------------------- etcCertificate where no other evidence specifically prescribed. ---- ------------------------------------------------------------ Subject to Sections 7.01 and 7.02the provisions of Section 7.01, whenever in the administration of the trusts provisions of this Indenture Indenture, the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or taking, suffering or omitting any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officers' Certificate delivered to the Trustee, and such certificateCertificate, in the absence of negligence or bad faith on the part of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted by it under the provisions of this Indenture upon the faith thereofin reliance thereon.
Appears in 1 contract
Samples: Indenture (Kaiser Aluminum Corp)
Right of Trustee to Rely on Officers. Certificate, -------------------------------------------------- etcCertificate where ------------------------------------------------------- no other evidence specifically prescribed. ---- ----------------------------------------- Subject to Sections 7.01 and 7.02the provisions of Section 7.01, whenever in the administration of the trusts provisions of this Indenture Indenture, the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or taking, suffering or omitting any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of negligence or bad faith willful misconduct on the part of the Trustee, be deemed to be conclusively proved and established by an Officers' Certificate delivered to the Trustee, and such certificateOfficers' Certificate, in the absence of negligence or bad faith willful misconduct on the part of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted by it under the provisions of this Indenture upon the faith thereofin reliance thereon.
Appears in 1 contract
Samples: Indenture (Goldendale Aluminum Co)
Right of Trustee to Rely on Officers. Certificate, -------------------------------------------------- etc. ---- ------------------------------------------------------- Subject to Sections 7.01 and 7.02the requirements of the Trust Indenture Act of 1939, whenever in the administration of the trusts of this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering or omitting any action to be taken hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of negligence or bad faith on the part of the Trustee, be deemed to be conclusively proved and established by an Officers' Certificate delivered to the Trustee, and such certificate, in the absence of negligence or bad faith on the part of the Trustee, shall be full warrant to the Trustee for any action taken, suffered or omitted by it under the provisions of this Indenture upon the faith thereof.
Appears in 1 contract
Samples: Newmont Gold Co