Common use of Trustee Not Bound to Act on Company’s Request Clause in Contracts

Trustee Not Bound to Act on Company’s Request. Except as in this Indenture otherwise specifically provided, the Trustee shall not be bound to act in accordance with any direction or request of the Company until a duly authenticated copy of the instrument or resolution containing such direction or request shall have been delivered to the Trustee, and the Trustee shall be empowered to act upon any such copy purporting to be authenticated and believed by the Trustee to be genuine.

Appears in 2 contracts

Samples: Convertible Debenture Indenture, Convertible Debenture Indenture

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Trustee Not Bound to Act on Company’s Request. Except as otherwise specifically provided in this Indenture otherwise specifically providedNote Indenture, the Trustee may but shall not be bound to act in accordance with any direction or request of the Company Corporation or until a duly authenticated copy of the instrument or resolution Certified Resolution containing such direction or request shall have been delivered to the Trustee, and the Trustee shall be empowered to act upon any such copy purporting to be authenticated and believed by the Trustee to be genuine.

Appears in 1 contract

Samples: Note Indenture (Enterra Energy Trust)

Trustee Not Bound to Act on Company’s Request. Except as otherwise specifically provided in this Indenture otherwise specifically providedNote Indenture, the Trustee may but shall not be bound to act in accordance with any direction or request of the Company or until a duly authenticated copy of the instrument or resolution Certified Resolution containing such direction or request shall have been delivered to the Trustee, and the Trustee shall be empowered to act upon any such copy purporting to be authenticated and believed by the Trustee to be genuine.

Appears in 1 contract

Samples: Indenture (Timberwest Forest Corp)

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Trustee Not Bound to Act on Company’s Request. Except as in this Indenture Trust Agreement otherwise specifically provided, the Trustee shall not be bound to act in accordance with any direction or request of the Company Company, Holdco and/or the Parent or of the directors thereof until a duly authenticated copy of the instrument or resolution containing such direction or request shall have been delivered to the Trustee, and the Trustee shall be empowered to act and rely upon any such copy purporting to be authenticated and believed by the Trustee to be genuine.

Appears in 1 contract

Samples: Exchange Trust Agreement (Cr Resorts Capital S De R L De C V)

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