Common use of Trustee Authorized to Join in Amendments and Supplements; Reliance on Counsel Clause in Contracts

Trustee Authorized to Join in Amendments and Supplements; Reliance on Counsel. The Trustee is authorized to, and shall, join with the Issuer in the execution and delivery of any Supplemental Indenture or amendment permitted by this Article 7 and in so doing shall receive and shall be fully protected in conclusively relying upon an Opinion of Counsel stating that such Supplemental Indenture or amendment is so permitted and has been duly authorized by the Issuer and that all things necessary to make it a valid and binding obligation of the Issuer have been done. The Trustee may, but shall not be obligated to, enter into any Supplemental Indenture or amendment which affects the Trustee’s own rights, duties or immunities under this Indenture or any other Financing Document.‌

Appears in 1 contract

Samples: Indenture

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Trustee Authorized to Join in Amendments and Supplements; Reliance on Counsel. The Trustee is authorized to, and shall, join with the Issuer in the execution and delivery of any Supplemental Indenture or amendment permitted by this Article 7 and in so doing shall receive and shall be fully protected in conclusively relying upon an Officers’ Certificate and an Opinion of Counsel Counsel, each stating that such amendment, waiver or Supplemental Indenture is authorized or amendment permitted by this Indenture, that it is so permitted and has been duly authorized by not inconsistent with the Issuer terms of this Indenture, and that all things necessary to make it a is valid and binding obligation of upon the Issuer have been donein accordance with its terms. The Trustee may, but shall not be obligated to, enter into any Supplemental Indenture or amendment which affects the Trustee’s own rights, duties or immunities under this Indenture or the Notes. The Trustee’s consent shall be obtained if any other Financing Document.‌such Supplemental Indenture or amendment could adversely affect its rights.‌

Appears in 1 contract

Samples: Indenture

Trustee Authorized to Join in Amendments and Supplements; Reliance on Counsel. The Trustee is authorized to, and shall, join with the Issuer in the execution and delivery of any Supplemental Indenture or amendment permitted by this Article 7 ARTICLE 8 and in so doing shall receive and shall be fully protected in conclusively relying upon an Officers’ Certificate and an Opinion of Counsel Counsel, each stating that such amendment, waiver or Supplemental Indenture is authorized or amendment permitted by this Indenture, that it is so permitted and has been duly authorized by not inconsistent with the Issuer terms of this Indenture, and that all things necessary to make it a is valid and binding obligation of upon the Issuer have been donein accordance with its terms. The Trustee may, but shall not be obligated to, enter into any Supplemental Indenture or amendment which affects the Trustee’s own rights, duties or immunities under this Indenture or the Notes. The Trustee’s consent shall be obtained if any other Financing Document.‌such Supplemental Indenture or amendment could adversely affect its rights.

Appears in 1 contract

Samples: Indenture

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Trustee Authorized to Join in Amendments and Supplements; Reliance on Counsel. The Trustee is authorized to, and shall, join with the Issuer in the execution and delivery of any Supplemental Indenture or amendment permitted by this Article 7 10 and in so doing shall receive and shall be fully protected in conclusively relying upon an Officers’ Certificate and an Opinion of Counsel Counsel, each stating that such amendment, waiver or Supplemental Indenture is authorized or amendment permitted by this Indenture, that it is so permitted and has been duly authorized by not inconsistent with the Issuer terms of this Indenture, and that all things necessary to make it a is valid and binding obligation of upon the Issuer have been donein accordance with its terms. The Trustee may, but shall not be obligated to, enter into any Supplemental Indenture or amendment which affects the Trustee’s own rights, duties or immunities under this Indenture or the Notes. The Trustee’s consent shall be obtained if any other Financing Document.‌such Supplemental Indenture or amendment could adversely affect its rights.

Appears in 1 contract

Samples: Indenture

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