Common use of Trust Estate Clause in Contracts

Trust Estate. When required by the provisions of Articles Four, Six and Twelve hereof, the Trustee shall execute instruments to release property from the lien of this Indenture, or convey the Trustee's interest in the same, in a manner and under circumstances which are not inconsistent with the provisions of this Indenture. No party relying upon an instrument executed by the Trustee as provided in this Article Four shall be bound to ascertain the Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any monies.

Trust Estate. When The Trustee may, and when required by the provisions of Articles Four, Five, Six and Twelve hereofhereof shall, the Trustee shall execute instruments to release property from the lien of this IndentureAgreement, or convey the Trustee's interest in the same, in a manner and under circumstances which are not inconsistent with the provisions of this IndentureAgreement. No party relying upon an instrument executed by the Trustee as provided in this Article Four shall be bound to ascertain the Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any monies.

Trust Estate. When The Trustee may, and when required by the provisions of Articles Four, Six and Twelve hereofhereof shall, the Trustee shall execute instruments to release property from the lien of this Indenture, or convey the Trustee's interest in the same, in a manner and under circumstances which are not inconsistent with the provisions of this Indenture. No party relying upon an instrument executed by the Trustee as provided in this Article Four shall be bound to ascertain the Trustee's authority, inquire into the satisfaction of any conditions precedent or see to the application of any monies.