Common use of Trustee’s Rights and Obligations Clause in Contracts

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.04, an Opinion of Counsel stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate stating that all conditions precedent have been complied with. If the Trustee has received such an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 5 contracts

Samples: Supplemental Indenture (Yin Jia Investments LTD), Supplemental Indenture (Yin Jia Investments LTD), Supplemental Indenture (Yin Jia Investments LTD)

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Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.0413.04, an Officers’ Certificate and an Opinion of Counsel each stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate stating that all conditions precedent have been complied withIndenture. If the Trustee has received such an Officers’ Certificate and an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 2 contracts

Samples: Supplemental Indenture (Century Aluminum Co), Intercreditor Agreement (Century California, LLC)

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.04, an Officer’s Certificate and an Opinion of Counsel stating that the execution of any such amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate Opinion of Counsel stating that all conditions precedent have been complied withsuch amendment, supplement or waiver is a legal, valid and binding obligation of the Company and the Guarantors and is enforceable against them in accordance with its terms. If the Trustee has received such an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 2 contracts

Samples: Indenture (Molson Coors Brewing Co), Indenture (Molson Coors Brewing Co)

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.04‎Section 9.05, an Opinion of Counsel stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement ‎Article 8 is authorized or permitted by this Indenture and is the legal, valid and binding obligation of the Company, enforceable in accordance with its terms, and an Officers’ Officer’s Certificate stating that all conditions precedent have been complied with. If the Trustee has received such an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 2 contracts

Samples: Mongolian (Energy Resources Rail LLC), Mongolian (Enrestechnology LLC)

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.0413.04, an Officers' Certificate and an Opinion of Counsel each stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate stating that all conditions precedent have been complied withIndenture. If the Trustee has received such an Officers' Certificate and an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s 's own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Collateral Agency Agreement (Century Aluminum Co)

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.0413.04, an Opinion of Counsel stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate stating that all al conditions precedent have been complied with. If the Trustee has received such an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Indenture (China XD Plastics Co LTD)

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Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.04, an Officer’s Certificate and an Opinion of Counsel stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and, if applicable, the Security Documents, and an Officers’ Certificate stating that all conditions precedent have been complied withconstitutes the valid and binding obligation of the Company and the Guarantors. If the Trustee has received such an Officer’s Certificate and an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the TrusteeTrustee in any material respect. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Collateral Agency Agreement (Molycorp, Inc.)

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.04‎Section 13.04, an Officers’ Certificate and an Opinion of Counsel each stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate stating that all conditions precedent have been complied withany supplemental indenture complies with the requirements of this Indenture. If the Trustee has received such an Officers’ Certificate and an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Intercreditor Agreement (Century Aluminum Co)

Trustee’s Rights and Obligations. The Trustee is entitled to receive, and will be fully protected in relying upon, in addition to the documents required by Section 12.0413.04, an Officers’ Certificate and an Opinion of Counsel each stating that the execution of any amendment, supplement or waiver authorized pursuant to this Article or the Security Documents and the Intercreditor Agreement is authorized or permitted by this Indenture and an Officers’ Certificate stating that all conditions precedent have been complied withany supplemental indenture complies with the requirements of this Indenture. If the Trustee has received such an Officers’ Certificate and an Opinion of Counsel, it shall sign the amendment, supplement or waiver so long as the same does not adversely affect the rights of the Trustee. The Trustee may, but is not obligated to, execute any amendment, supplement or waiver that affects the Trustee’s own rights, duties or immunities under this Indenture.

Appears in 1 contract

Samples: Intercreditor Agreement (Century Aluminum Co)

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