Common use of Rights of Indenture Trustee Clause in Contracts

Rights of Indenture Trustee. (a) The Indenture Trustee may conclusively rely and shall be fully protected in acting or refraining from acting on any resolution, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond 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 the document.

Appears in 17 contracts

Samples: Indenture (Household Mortgage Loan Trust 2003-Hc1), Indenture (Fund America Investors Corp Ii), Chec Funding LLC

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Rights of Indenture Trustee. (a) The Indenture Trustee may conclusively rely and shall be fully protected in acting or refraining from acting on any resolution, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond or other 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 the any such document.

Appears in 14 contracts

Samples: Indenture (Case Receivables Ii Inc), Indenture (Case Receivables Ii Inc), Indenture (CNH Capital Receivables Inc)

Rights of Indenture Trustee. (a) The a)The Indenture Trustee may conclusively rely and shall be fully protected in acting or refraining from acting on in good faith upon any resolution, Officer's Certificate, opinion of counsel, certificate of auditors auditors, or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond consent 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 the any such document.

Appears in 14 contracts

Samples: GMACM Home Equity Loan Trust 2006-He2, GMACM Home Equity Loan Trust 2006-He1, Residential Asset Mortgage Products Inc

Rights of Indenture Trustee. (a) The Indenture Trustee may conclusively rely and shall be fully protected in acting or refraining from acting on upon any resolution, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond or other 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 the such document.

Appears in 13 contracts

Samples: Bear Stearns Asset Backed Securities Inc, Bear Stearns Asset Backed Securities Inc, Irwin Whole Loan Home Equity Trust 2005-A

Rights of Indenture Trustee. (a) The Indenture Trustee may conclusively rely and shall be fully protected in acting or refraining from acting relying on any resolution, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond 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 the document.

Appears in 11 contracts

Samples: Indenture (Comed Funding LLC), Indenture (Comed Funding LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC)

Rights of Indenture Trustee. (a) The Indenture Trustee may conclusively rely and shall will be fully protected in acting or refraining from acting on upon any resolution, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consentdirection, order, appraisal, bond consent or other paper or 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 personPerson. The Indenture Trustee need not investigate any fact or matter matters stated in the any such document.

Appears in 5 contracts

Samples: Ford Credit Floorplan LLC, Indenture (Ford Credit Auto Owner Trust 2011-B), Indenture (Ford Credit Auto Owner Trust 2011-B)

Rights of Indenture Trustee. (a) The Indenture Trustee may conclusively rely and shall be fully protected in acting or refraining from acting on upon any resolution, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, appraisalbond, 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 the document.the

Appears in 4 contracts

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

Rights of Indenture Trustee. (a) The Indenture Trustee may conclusively rely and shall be fully protected in acting or refraining from acting on any resolution, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, appraisalbond, bond debenture or other 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 matters stated in the any such document.

Appears in 3 contracts

Samples: Indenture (GS Auto Loan Trust 2005-1), Indenture (GS Auto Loan Trust 2007-1), Indenture (GS Auto Loan Trust 2006-1)

Rights of Indenture Trustee. (a) The Indenture Trustee may conclusively rely and shall be fully protected in acting or refraining from acting on upon any resolution, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, appraisalbond, bond debenture or other 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 matters stated in the any such document.

Appears in 3 contracts

Samples: Indenture (Merrill Auto Trust Securitization 2005-1), Gmac Servicing Agreement (Bear Stearns Asset Backed Whole Auto Loan Trust 2004-1), Indenture (Bear Stearns Asset Backed Whole Auto Loan Trust 2003-1)

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Rights of Indenture Trustee. (a) The Indenture Trustee may conclusively rely and shall be fully protected in acting or refraining from acting on in good faith upon any resolution, Officer’s Certificate, opinion of counsel, certificate of auditors auditors, or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond consent 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 the any such document.

Appears in 2 contracts

Samples: Phoenix Residential Securities, LLC, Phoenix Residential Securities, LLC

Rights of Indenture Trustee. (a) The a)The Indenture Trustee may conclusively rely and shall be fully protected in acting or refraining from acting on in good faith upon any resolution, Officer’s Certificate, opinion of counsel, certificate of auditors auditors, or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond consent 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 the any such document.

Appears in 1 contract

Samples: Gmacm Home Equity Loan Trust 2005-He1

Rights of Indenture Trustee. (a) The Indenture Trustee may conclusively rely on and shall be fully protected in acting or refraining from acting on any opinion, resolution, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond consent or any 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 the document.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Dealer Auto Receivables Corp)

Rights of Indenture Trustee. (a) The Indenture Trustee may conclusively rely and shall be fully protected in acting or refraining from acting on upon any resolution, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, appraisalbond, 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 the document.by

Appears in 1 contract

Samples: Ford Credit Auto Receivables Two L P

Rights of Indenture Trustee. (a) The Indenture Trustee may conclusively rely and shall be fully protected in acting or refraining from acting on any resolution, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond or other paper or document believed by it in good faith 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.

Appears in 1 contract

Samples: Crystal Oil Co

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