Common use of Trustee Not Required to Give Security Clause in Contracts

Trustee Not Required to Give Security. Subject to the provisions of this Indenture and Applicable Legislation, the Trustee shall not be required to give any bond or security in respect of the execution of the trusts and powers of this Indenture or otherwise.

Appears in 2 contracts

Samples: Warrant Indenture (Gryphon Gold Corp), Warrant Indenture (Agnico Eagle Mines LTD)

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Trustee Not Required to Give Security. Subject to the provisions of this Indenture and Applicable Legislation, the The Trustee shall not be required to give any bond or security in respect of the execution of the trusts and powers of this Indenture or otherwise.

Appears in 2 contracts

Samples: Trust Indenture (Royal Oak Mines Inc), Warrant Indenture (MDS Inc)

Trustee Not Required to Give Security. Subject to the provisions of this Indenture and Applicable Legislation, the The Trustee shall not be required to give any bond or security in respect of the execution of the trusts trusts, rights, duties, powers and powers authorities of this Indenture Agreement or otherwiseotherwise in respect of its obligations hereunder.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Photon Dynamics Inc)

Trustee Not Required to Give Security. Subject to the provisions of this Indenture and Applicable Legislation, the The Trustee shall not be required ------------------------------------- to give any bond or security in respect of the execution of the trusts trusts, rights, duties, powers and powers authorities of this Indenture or otherwiseAgreement.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Sonic Environmental Systems Inc)

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Trustee Not Required to Give Security. Subject to the provisions of this Indenture and Applicable Legislation, the The Trustee shall not be required to give any bond bonds or security in with respect of to the execution of the trusts Trust and powers of this Indenture or otherwiseIndenture.

Appears in 1 contract

Samples: Purchase Warrant Indenture (Seven Seas Petroleum Inc)

Trustee Not Required to Give Security. Subject to the provisions of this Indenture and Applicable Legislation, the The Trustee shall not be required to give any bond bonds or security in with respect of to the execution of the trusts Trust and powers of this Indenture or otherwiseTrust Indenture.

Appears in 1 contract

Samples: Indenture (Seven Seas Petroleum Inc)

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