Common use of Trust Provisions Clause in Contracts

Trust Provisions. Notwithstanding the references herein to The Bank of New York (or its successor hereunder, if any) as a "trustee" or to it acting as trustee, no trust within the meaning of Chapter II of Title Six of Book Four of the Civil Code of Quebec is intended to be or is created or constituted hereby. In addition, the provisions of Title Seven of Book Four of the Civil Code of Quebec shall not apply to any administration by the Trustee hereunder.

Appears in 4 contracts

Samples: SLM International Inc /De, SLM International Inc /De, SLM International Inc /De

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Trust Provisions. Notwithstanding the references herein or in any Note to The Bank of New York the Trustee (or its successor hereunder, if any) as a "trustee" “Trustee” or to it acting as trustee, no trust within the meaning of Chapter II of the Title Six of Book Four of the Civil Code of Quebec Québec is intended to be or is created or constituted hereby. In addition, the provisions of Title Seven of Book Four of the Civil Code of Quebec Québec shall not apply to any administration by the Trustee hereunder.

Appears in 2 contracts

Samples: Note Purchase Agreement (BELLUS Health Inc.), Note Purchase Agreement (BELLUS Health Inc.)

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