Common use of Rights of Trustee and the Security Agent Clause in Contracts

Rights of Trustee and the Security Agent. (a) The Trustee and the Security Agent may conclusively rely upon and will be protected in acting or refraining from acting upon, whether in its original, facsimile or other electronic form, any document believed by them to be genuine and to have been signed or presented by the proper Person. Neither the Trustee nor the Security Agent need investigate any fact or matter stated in the document (regardless of whether any such document is subject to any monetary or other limit).

Appears in 5 contracts

Samples: Indenture (International Game Technology PLC), International Game Technology PLC, Indenture (International Game Technology)

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Rights of Trustee and the Security Agent. (a) The Trustee and the Security Agent may conclusively rely upon and will be protected in acting or refraining from acting upon, whether in its original, facsimile or other electronic form, any document believed by them it to be genuine and to have been signed or presented by the proper Person. Neither the The Trustee nor and the Security Agent need not investigate any fact or matter stated in the document (regardless of whether any such document is subject to any monetary or other limit)document.

Appears in 2 contracts

Samples: Indenture (Inspired Entertainment, Inc.), Additional Intercreditor Agreement (Orion Engineered Carbons S.a r.l.)

Rights of Trustee and the Security Agent. (a) The Trustee and the Security Agent may conclusively rely upon and will shall be fully protected in acting or refraining from acting upon, whether in its original, facsimile or other electronic form, relying upon any document believed by them it to be genuine and to have been signed or presented by the proper Person. Neither the The Trustee nor and the Security Agent need not investigate any fact or matter stated in the document (regardless of whether any such document is subject to any monetary or other limit)document.

Appears in 2 contracts

Samples: Indenture (Ardagh Metal Packaging S.A.), Collateral and Security (Ardagh Metal Packaging S.A.)

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Rights of Trustee and the Security Agent. (a) The i)The Trustee and the Security Agent may conclusively rely upon and will be protected in acting or refraining from acting upon, whether in its original, facsimile or other electronic form, any document believed by them to be genuine and to have been signed or presented by the proper Person. Neither the Trustee nor the Security Agent need investigate any fact or matter stated in the document (regardless of whether any such document is subject to any monetary or other limit).

Appears in 1 contract

Samples: International Game Technology PLC

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