Common use of Trustee Review Clause in Contracts

Trustee Review. (a) The Trustees shall have until the Acceptance Date (the “Diligence Period”) to conduct a reasonable investigation of the Settlement and its terms. The Trustees may request documents or other information from JPMorgan to conduct such diligence, may retain experts to assist them, and may conduct such other due diligence as they deem necessary to inform themselves concerning the Settlement. JPMorgan agrees to use reasonable best efforts to provide promptly to the Trustees documents reasonably requested by the Trustees and necessary for the Trustees’ due diligence, and the Trustees agree to confer in good faith with JPMorgan regarding the scope of any request for information. Copies of all such documents shall also be made available to counsel for the Institutional Investors to assist them in responding to any Trustee inquiries regarding the documents or the Settlement through the Acceptance Date. (b) JPMorgan represents to the Accepting Trustees that it did not have, as of the date it was provided, and as of the Acceptance Date does not have, actual knowledge that any factual information provided to the Trustees in connection with the Trustees’ review and evaluation of the Settlement Agreement, was materially false or intentionally inaccurate at the time the information was provided (unless subsequently corrected before the Acceptance Date).