Common use of Trustee's Authority Clause in Contracts

Trustee's Authority. Persons dealing ------------------- with the Trustee shall be under no obligation to see the proper application of any money paid or property delivered to the Trustee or to inquire into the Trustee's authority as to any transaction.

Appears in 2 contracts

Samples: Trust Agreement (Carpenter Technology Corp), Trust Agreement (Carpenter Technology Corp)

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Trustee's Authority. Persons dealing ------------------- with the Trustee shall be under no obligation to see to the proper application of any money paid or property delivered to the Trustee or to inquire into the Trustee's authority as to any transaction.

Appears in 2 contracts

Samples: Discretionary Investment Advisory Agreement (Ogara Co /Oh/), Trust Agreement (Andersen Group Inc)

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Trustee's Authority. Persons dealing ------------------- with the Trustee shall be under no obligation to see the proper application of any money paid or property delivered to the Trustee or to inquire into the Trustee's ’s authority as to any transaction.

Appears in 2 contracts

Samples: Trust Agreement (Carpenter Technology Corp), Trust Agreement (Carpenter Technology Corp)

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