Common use of Rights of Indenture Trustee Clause in Contracts

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the Indenture Trustee may rely on, and be protected in acting or refraining to act upon any document believed by it to be genuine and to have been signed or presented by the proper Person. The Indenture Trustee need not investigate any fact or matter stated in any such document.

Appears in 43 contracts

Samples: Indenture (NovaStar Certificates Financing CORP), Indenture (Accredited Mortgage Loan Trust 2005-1), Indenture (Accredited Mortgage Loan REIT Trust)

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Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may conclusively rely on, and shall be fully protected in from acting or refraining to act upon from acting upon, any document believed by it to be genuine and to have been signed or presented by the proper Personperson. The Indenture Trustee need not investigate any fact or matter stated in any such the document.

Appears in 34 contracts

Samples: Master Agreement (Home Equity Mortgage Trust 2006-2), Indenture (New Century Home Equity Loan Trust 2005-2), Indenture (New Century Alternative Mortgage Loan Trust 2006-Alt1)

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may rely on, and shall be protected in acting or refraining to act from acting in good faith upon any resolution, Officer's Certificate, opinion of counsel, certificate of auditors, or any other certificate, statement, instrument, report, notice, consent or other document believed by it to be genuine and to have been signed or presented by the proper Personperson. The Indenture Trustee need not investigate any fact or matter stated in any such document.

Appears in 32 contracts

Samples: Wachovia Asset (Wachovia Asset Securitization Inc 2002 He2 Trust), GMACM Home Equity Loan Trust 2006-He3, GMACM Home Equity Loan Trust 2007-He2

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may rely on, and will be protected in acting or refraining to act from acting upon any certificate, instrument, opinion, report, notice, request, direction, consent or other document believed by it to be genuine and which appears on its face to have been be properly executed and signed or presented by the proper Person. The Indenture Trustee need not investigate any fact or matter matters stated in any such document.

Appears in 31 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2014-A), Indenture (Ford Credit Auto Lease Trust 2014-A), Indenture (Ford Credit Auto Owner Trust 2014-A)

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may conclusively rely on, and shall be protected in acting upon or refraining to act from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, note, direction, demand, election or other paper or document reasonably believed by it to be genuine and to have been signed or presented by the proper Personperson. The Indenture Trustee need not investigate any fact or matter stated in any such the document.

Appears in 27 contracts

Samples: Indenture (BMW Vehicle Owner Trust 2024-A), Trust Agreement (BMW Vehicle Owner Trust 2024-A), Indenture (BMW Vehicle Owner Trust 2023-A)

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may rely on, and shall be protected in acting or refraining to act from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture or other paper or document believed by it to be genuine and to have been signed or presented by the proper Person. The Indenture Trustee need not investigate any fact or matter matters stated in any such document.

Appears in 24 contracts

Samples: Indenture (Ford Credit Auto Receivables Two L P), Indenture (Ford Credit Auto Receivables Two L P), Indenture (Ford Credit Auto Receivables Two LLC)

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may rely on, and will be protected in acting or refraining to act from acting upon any certificate, instrument, opinion, report, notice, request, direction, consent or other document believed by it to be genuine and appears on its face to have been be properly executed and signed or presented by the proper Person. The Indenture Trustee need not investigate any fact or matter matters stated in any such document.

Appears in 23 contracts

Samples: Indenture (Commercial Credit, Inc.), Indenture (Commercial Credit, Inc.), Indenture (Commercial Credit, Inc.)

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof6.01, the Indenture Trustee may rely on, and be protected in acting or refraining to act upon on any document believed by it to be genuine and to have been signed or presented by the proper Person. The Indenture Trustee need not investigate any fact or matter stated in any such document.

Appears in 21 contracts

Samples: Indenture (Wachovia Mortgage Loan Trust, LLC), Indenture (Wachovia Mortgage Loan Trust, LLC), Wachovia Asset Funding Trust, LLC

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may rely on, and shall be protected in acting or refraining to act from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture or other paper or document believed by it to be genuine and to have been signed or presented by the proper Person. The Indenture Trustee need not investigate any fact facts or matter matters stated in any such document.

Appears in 18 contracts

Samples: Indenture (USAA Auto Owner Trust 2007-2), Indenture (USAA Auto Owner Trust 2007-1), Indenture (USAA Auto Owner Trust 2008-1)

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may conclusively rely on, and be protected in acting or refraining to act upon on any document believed by it to be genuine and to have been signed or presented by the proper Personperson. The Indenture Trustee need not investigate any fact or matter stated in the document. Without limiting the generality of the foregoing, the following provisions of this Section 6.02 shall apply notwithstanding any such documentprovision of this Indenture or any other Transaction Document to the contrary.

Appears in 17 contracts

Samples: Master Transaction Agreement (Emergent Capital, Inc.), Master Transaction Agreement (Emergent Capital, Inc.), Master Transaction Agreement (Emergent Capital, Inc.)

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may rely on, and will be protected in acting or refraining to act from acting upon any certificate, instrument, opinion, report, notice, request, direction, consent or other document believed by it to be genuine and which appears on its face to have been be properly executed and signed or presented by the proper Person. The Indenture Trustee need not investigate any fact or matter matters stated in any such document.

Appears in 8 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2015-B), Indenture (Ford Credit Auto Owner Trust 2015-B), Indenture (Ford Credit Auto Owner Trust 2015-A)

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may rely on, and will be protected in acting or refraining to act upon from acting on any certificate, instrument, opinion, report, notice, request, direction, consent or other document believed by it to be genuine and which appears on its face to have been be properly executed and signed or presented by the proper Person. The Indenture Trustee need not investigate any fact or matter matters stated in any such document.

Appears in 7 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2015-B), Indenture (Ford Credit Auto Lease Trust 2015-B), Indenture (Ford Credit Auto Lease Trust 2015-A)

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Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may rely on, and shall be protected in acting or refraining to act from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture or other paper or document believed by it to be genuine and to have been signed or presented by the proper Person. The Indenture Trustee need not investigate any fact or matter stated in any such document.

Appears in 3 contracts

Samples: Indenture (RCL Trust 1996 1), Indenture (Fcal LLC), Indenture (RCL Trust 1996 1)

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may conclusively rely on, and shall be fully protected in acting or refraining to act upon relying on any document (including electronic documents and communications delivered in accordance with the terms of this Indenture) believed by it to be genuine and to have been signed or presented by the proper Personperson. The Indenture Trustee need not investigate any fact or matter stated in any such document.

Appears in 3 contracts

Samples: Indenture (Entergy Texas, Inc.), Indenture (Entergy Texas, Inc.), Indenture (Entergy Texas, Inc.)

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may conclusively rely on, and shall be fully protected in acting or refraining to act from acting upon any paper or document believed by it to be genuine and to have been signed or presented by the proper Personperson. The Indenture Trustee need not investigate any fact or matter stated in any such the document.

Appears in 2 contracts

Samples: Indenture (Daimlerchrysler Auto Trust 2005-A), Daimlerchrysler Auto Trust 2003-B

Rights of Indenture Trustee. (a) . (a) Except as otherwise provided in Section 6.01 hereof, the Indenture Trustee may rely on, and be protected in acting or refraining to act upon any document believed by it to be genuine and to have been signed or presented by the proper Person. The Indenture Trustee need not investigate any fact or matter stated in any such document.

Appears in 2 contracts

Samples: Indenture (Accred Home LNDRS Inc Ac Mor Ln Tr 2002-1 as Bk Nt Se 2002-1), Indenture (Accred Home LNDRS Inc Ac Mor Ln Tr 2002-1 as Bk Nt Se 2002-1)

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may conclusively rely on, and shall be fully protected in acting or refraining to act from acting upon any document believed by it to be genuine and to have been signed or presented by the proper Personperson. The Indenture Trustee need not investigate any fact or matter stated in any such the document.

Appears in 1 contract

Samples: Fidelity Leasing Inc

Rights of Indenture Trustee. (a) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may conclusively rely on, and be protected in acting or refraining to act upon on any document believed by it to be genuine and to have been signed or presented by the proper Personperson. The Indenture Trustee need not investigate any fact or matter stated in the document. Without limiting the generality of the foregoing, the following provisions of this Section 6.02 shall apply notwithstanding any such documentprovision of this Agreement or any other Transaction Document to the contrary.

Appears in 1 contract

Samples: Indenture (Imperial Holdings, Inc.)

Rights of Indenture Trustee. (an) Except as otherwise provided in Section 6.01 hereof, the The Indenture Trustee may rely on, and shall be protected in acting or refraining to act from acting upon any document believed by it to be genuine and to have been signed or presented by the proper Personparty or parties. The Indenture Trustee need not investigate any fact or matter stated in any such the document.

Appears in 1 contract

Samples: Indenture (St Joe Co)

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