Trustee Entitled to Assume Payments. Not --------------------------------------- Prohibited in Absence of Notice. ------------------------------- The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment to or by the Trustee unless and until a Trust Officer of the Trustee or any Paying Agent shall have received, no later than two Business Days prior to such payment, written notice thereof from the Issuers or from one or more holders of Senior Debt or from any representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Sections 7.1 and 7.2, shall be entitled in all respects conclusively to assume that no such fact exists. The Issuers shall give prompt written notice to the Trustee of any fact actually known to the Issuers which would prohibit the making of any payment to or by the Trustee in respect of the Securities.
Appears in 2 contracts
Samples: Indenture (Sun International Hotels LTD), Indenture (Sun International North America Inc)
Trustee Entitled to Assume Payments. Not --------------------------------------- Prohibited in Absence of ---------------------------------------------------------------- Notice. ------------------------------- ------- The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment to or by the Trustee unless and until a Trust Officer of the Trustee or any Paying Agent shall have received, no later than two one Business Days Day prior to such payment, written notice thereof from the Issuers Company or from one or more holders of Senior Debt Indebtedness or from any representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Sections 7.1 and 7.2, shall be entitled in all respects conclusively to assume that no such fact exists. The Issuers shall give prompt written notice to the Trustee of any fact actually known to the Issuers which would prohibit the making of any payment to or by the Trustee in respect of the Securities.
Appears in 1 contract
Samples: Indenture (Mueller Industries Inc)
Trustee Entitled to Assume Payments. Not --------------------------------------- Prohibited in ----------------------------------------------------- Absence of Notice. ------------------------------- ----------------- The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment to or by the Trustee unless and until a Trust Officer of the Trustee or any Paying Agent shall have received, no later than two one Business Days Day prior to such payment, payment written notice thereof from the Issuers Company or from one or more holders of Senior Debt or from any representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Sections 7.1 and 7.2, shall be entitled in all respects conclusively to assume that no such fact exists. The Issuers shall give prompt written notice to the Trustee of any fact actually known to the Issuers which would prohibit the making of any payment to or by the Trustee in respect of the Securities.
Appears in 1 contract
Samples: City Truck Holdings Inc
Trustee Entitled to Assume Payments. Not --------------------------------------- Prohibited in ----------------------------------------------------- Absence of Notice. ------------------------------- ----------------- The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment to or by the Trustee unless and until a Trust Officer of the Trustee or any Paying Agent shall have received, no later than two one Business Days Day prior to such payment, written notice thereof from the Issuers Company or from one or more holders of Senior Debt Indebtedness or from any representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Sections 7.1 and 7.2, shall be entitled in all respects conclusively to assume that no such fact exists. The Issuers shall give prompt written notice to the Trustee of any fact actually known to the Issuers which would prohibit the making of any payment to or by the Trustee in respect of the Securities.
Appears in 1 contract
Samples: United States Filter Corp
Trustee Entitled to Assume Payments. Not --------------------------------------- Prohibited -------------------------------------------------- in Absence of Notice. ------------------------------- -------------------- The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment to or by the Trustee unless and until a Trust Officer of the Trustee or any Paying Agent shall have received, no later than two one Business Days Day prior to such payment, payment written notice thereof from the Issuers Company or from one or more holders of Senior Debt or from any representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Sections 7.1 and 7.2, shall be entitled in all respects conclusively to assume that no such fact exists. The Issuers shall give prompt written notice to the Trustee of any fact actually known to the Issuers which would prohibit the making of any payment to or by the Trustee in respect of the Securities.
Appears in 1 contract
Samples: Doskocil Manufacturing Co Inc
Trustee Entitled to Assume Payments. Not --------------------------------------- Prohibited in In Absence of ---------------------------------------------------------------- Notice. ------------------------------- ------ The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment to or by the Trustee unless and until a Trust Officer of the Trustee or any Paying Agent shall have received, no later than two one Business Days Day prior to such payment, written notice thereof from the Issuers Company or from one or more holders of Senior Debt Indebtedness or from any representative therefor therefor, and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Sections 7.1 and 7.2, shall be entitled in all respects conclusively to assume that no such fact exists. The Issuers shall give prompt written notice to the Trustee of any fact actually known to the Issuers which would prohibit the making of any payment to or by the Trustee in respect of the Securities.
Appears in 1 contract
Samples: Platinum Technology Inc
Trustee Entitled to Assume Payments. Not --------------------------------------- Prohibited in ----------------------------------------------------- Absence of Notice. ------------------------------- ----------------- The Trustee shall not at any time be charged with knowledge of the existence of any facts which would prohibit the making of any payment to or by the Trustee unless and until a Trust Officer of the Trustee or any Paying Agent shall have received, no later than two Business Days prior to such payment, written notice thereof from the Issuers or from one or more holders of Senior Debt or from any representative therefor and, prior to the receipt of any such written notice, the Trustee, subject to the provisions of Sections 7.1 and 7.2, shall be entitled in all respects conclusively to assume that no such fact exists. The Issuers shall give prompt written notice to the Trustee of any fact actually known to the Issuers which would prohibit the making of any payment to or by the Trustee in respect of the Subordinated Debt Securities.
Appears in 1 contract
Samples: Sun International Hotels LTD