Rights and discretion of the Collateral Trustee. (a) The Collateral Trustee may in relation to any Bond Document act on the opinion or advice of or a certificate or any information obtained from any lawyer, banker, valuer, surveyor, broker, auctioneer, accountant, financial adviser, securities dealer, merchant bank or other expert, whether obtained by the Collateral Trustee and whether or not addressed to the Collateral Trustee and whether or not the liability of any such adviser in relation to such advice or opinion is limited in accordance with normal practice and shall not be responsible for any loss occasioned by so acting; any such opinion, advice, certificate or information may be sent or obtained by letter, E-mail or facsimile transmission and the Collateral Trustee shall not be liable for acting on any opinion, advice, certificate or information purporting to be so conveyed although the same shall contain some error or shall not be authentic.
(b) The Collateral Trustee may call for and shall be at liberty to accept a certificate duly signed by any authorized managing director of the Issuer (such position to be evidenced by a recent commercial register excerpt) as sufficient evidence of any fact or matter or the expediency of any transaction or thing, save for manifest errors, and to treat such a certificate to the effect that any particular dealing or transaction or step or thing is, in the opinion of the persons so certifying, expedient or proper as sufficient evidence that it is expedient or proper, and the Collateral Trustee shall not be bound in any such case to call for further evidence or be responsible for any loss or liability that may be caused by acting on any such certificate. Save for manifest errors, the Collateral Trustee may rely and shall not be liable or responsible for the existence, accuracy or sufficiency of any opinions (other than legal opinions on which accuracy or sufficiency the Collateral Trustee may rely without limitation), searches, reports, certificates, valuations or investigations delivered or obtained or required to be delivered or obtained at any time in connection with the Bond Documents.
(c) The Collateral Trustee shall (save as otherwise expressly provided in any Bond Document) as regards all the trusts, powers, authorities and discretions vested in it by or pursuant to any Bond Document to which the Collateral Trustee is a party or which constitute part of the Collateral or which are conferred upon the Collateral Trustee by operation of law, have absolute and...
